Taking family banking to new heights

17 /December 2017

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Taking family banking to new heights
As the saying goes, families that save together stay together. It was the need to build financially-secured and savings-driven families that prompted Access Bank Plc to initiate the ongoing Family Fortune promo, which has empowered over 3,000 families and created wealth for the people. The scheme gives savers the opportunity to earn higher interest onRead More The post Taking family banking to new heights appeared first on The Nation... Learn more
Accenture: Artificial Intelligence, others to boost productivity

17 /December 2017

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Accenture: Artificial Intelligence, others to boost productivity
Accenture Nigeria said its investments in Artificial Intelligence (AI), Virtual Reality (VR), robotics and blockchain technology capabilities will help businesses across various sectors and boost their productivity and efficiency through innovations. The management consulting and professional services giant said technology will continue to evolve. Speaking with reporters after a demo at its Lagos office atRead More The post Accenture: Artificial Intelligence, others to boost productivity appeared first on The Nation... Learn more
Stanbic IBTC Holdings distributes 49.5m scrip shares to shareholders

17 /December 2017

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Stanbic IBTC Holdings distributes 49.5m scrip shares to shareholders
Stanbic IBTC Holdings Plc at the weekend listed 49.466 million ordinary shares of 50 kobo each. The supplementary shares were due to the scrip dividend scheme offered by the holding company to eligible shareholders who elected to receive new ordinary shares in lieu of cash dividends. Under a resolution passed at its extraordinary general meetingRead More The post Stanbic IBTC Holdings distributes 49.5m scrip shares to shareholders appeared first on The Nation... Learn more
Lafarge Africa closes application for N132b rights issue

17 /December 2017

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Lafarge Africa closes application for N132b rights issue
Lafarge Africa Plc at the weekend closed application list for its N131.65 billion rights issue, rounding off the subscription to its major capital raising aimed at deleveraging its balance sheet and rebuilding a more supportive capital base. Lafarge Africa had on November 24, 2017 launched an offer to raise N131.65 billion through a rights issueRead More The post Lafarge Africa closes application for N132b rights issue appeared first on The Nation... Learn more
Govt advised on how to end fuel scarcity

17 /December 2017

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Govt advised on how to end fuel scarcity
The Chairman, Integrated Oil and Gas Limited, Capt Emmanuel Iheanacho, has advised the Federal Government to allow more modular refineries to operate, alongside the existing ones  to finally end real and imaginary fuel scarcity. Speaking against the backdrop of fuel scarcity in some parts of the country, Iheanacho said hitches over fuel supply between IndependentRead More The post Govt advised on how to end fuel scarcity appeared first on The Nation... Learn more
Insurance needs more experts, says CIIN chief

17 /December 2017

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Insurance needs more experts, says CIIN chief
The insurance industry is highly in need of more professionals, Chartered Insurance Institute of Nigeria (CIIN) President, Mrs Funmi Babington-Ashaye, has said. She made this known at the third graduation of the College of Insurance and Financial Management (CIFM) at Asese Village in Ogun State. The theme of the graduation lecture was: The 21st centuryRead More The post Insurance needs more experts, says CIIN chief appeared first on The Nation... Learn more
Guinea Insurance makes N907m  in premiums

17 /December 2017

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Guinea Insurance makes N907m in premiums
Guinea Insurance Plc has  grown its Gross Written Premium by 4.18 per cent from N870 million in 2015 to N907 million in 2016. The company’s shareholders’ fund last year was N2.897 billion and N2.899 billion in 2015, representing a marginal drop of 0.08 per cent. But its profit before tax grew by 194.64 per centRead More The post Guinea Insurance makes N907m in premiums appeared first on The Nation... Learn more
Financial closure for $550m power project coming

17 /December 2017

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Financial closure for $550m power project coming
King Line Development (KLD) Nigeria, which signed a $550million Power Purchase Agreement (PPA) for 550megawatts (Mw) with the Federal Government last week, has set the fourth quarter of next year for the project’s financial close. Its Managing Director, Akinnola Fola, who spoke with reporters Abuja at the weekend, said the cost of developing the deal isRead More The post Financial closure for $550m power project coming appeared first on The Nation... Learn more

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