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Home2016April

Month: April 2016

Mitsubishi Motors says domestic orders halved since mileage cheating scandal
LATEST NEWS

Mitsubishi Motors says domestic orders halved since mileage cheating scandal

April 27, 2016 Haruna Magaji

Mitsubishi Motors Corp said that domestic orders have halved since it revealed it cheated on mileage tests, intensifying concerns over whether it can survive considering […]

PPPRA silent as petrol price rises between N150 and N157 per litre
LATEST NEWS

Fuel Scarcity: Changing the strategy of fuel supply

April 27, 2016 Haruna Magaji

Despite the promises of the Minister of state for petroleum, Ibe Kachikwu and efforts by the Nigerian National Petroleum Corporation, NNPC, to make available fuel […]

U.S. Treasury anti laundering head to join HSBC
LATEST NEWS

U.S. Treasury anti-laundering head to join HSBC: sources

April 27, 2016 Haruna Magaji

  The U.S. Treasury Department’s top anti-money laundering official is resigning to take what sources said on Tuesday was a top post at HSBC Holdings […]

FCMB
BANKING

FCMB builds valuable franchise in SME financing, retail banking space

April 27, 2016 Haruna Magaji

First City Monument Bank (FCMB) Limited has continued to build a valuable franchise in the retail space and its giant strides are also being felt […]

Obama shows support for his closest allies In European tour
LATEST NEWS

Obama shows support for his closest allies In European tour

April 26, 2016 Haruna Magaji

President Barack Obama spent the past four days in Europe visiting his two oldest and closest foreign political allies, spending considerable political capital on issues […]

ACCESS BANK
BANKING

Access Bank records N19.4 Q1 profit

April 25, 2016 Haruna Magaji

Access Bank on Monday posted a profit after tax of N19.4 billion for the first quarter ended March 31, 2016, according to the company’s unaudited. […]

Approaching Youth Market through Financial Literacy
BANKING

First Bank: Approaching Youth Market through Financial Literacy

April 24, 2016 Haruna Magaji

In the local and international markets, many brand minders see market segmentation as a strategy for survival but in few cases, some strong brands target […]

Oil prices Slides after Doha talks collapse
BANKING

Nigerian banks hit by oil price crash

April 23, 2016 Haruna Magaji

Nigeria’s energy companies that bought oil fields from majors when oil was selling for more than $100 a barrel have been hammered by crash in […]

BUNDLES OF DOLLAR NOTES
LATEST NEWS

Naira weakens slightly against dollar at parallel market

April 23, 2016 Haruna Magaji

The naira weakened slightly against the dollar at the parallel market on Friday as it exchanged at N321 to the dollar. The News Agency of […]

BUNDLES OF DOLLAR NOTES
BANKING

Nigeria interbank rate rises on decline liquidity

April 23, 2016 Haruna Magaji

Nigeria’s overnight interbank rate rose for the second consecutive week to an average of 6 percent on Friday, from 4.5 percent last week, amid a […]

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