Zenith Bank Plc has emerged the best customer-focused bank in the 2014 Banking Industry Customer Satisfaction Survey (BICSS) conducted by KPMG. The bank recorded the highest scores in retail, small and medium scale (SME) and corporate/commercial customer segments that the survey covered. The KPMG BICCS was launched in 2007 to heighten the consciousness of service delivery among Nigerian banks. In the latest survey, KPMG said it expanded the scope of the survey to 28 locations across the country covering about 20,800 retail customers, 3,500 SMEs and 400 corporate/commercial organisations.
Updated 5 Years ago

Nigeria’s naira should glean support from oil companies exchanging dollars next week, while the Central Bank of Kenya’s liquidity operations are seen offsetting weakness in the shilling. NIGERIA The naira is expected to claw back some lost ground as oil companies buy local currency to meet domestic obligations in Africa’s largest economy.
Updated 5 Years ago

Asian shares edged higher on Friday, catching a lift from another record close on Wall Street, while the dollar groaned under the pressure of slumping U.S. yields. WORLD OIL PRICES Brent futures held above $110 a barrel on Friday as a steep drawdown in U.S. gasoline stockpiles revived hopes of steady demand growth in the world’s top oil consumer, with geopolitical tensions over Ukraine providing additional
Updated 5 Years ago

Analysts have identified economic uncertainties as a major reason inhibiting the growth prospect of National Salt Co. Nigeria plc, as first quarter profits slumped 19.43 percent. For the first three months of 2014, the company’s revenue dipped by 6.5 percent to N2.69 billion from N2.78 billion as of Q1 2013, while pre-tax profits slumped by 19.4 percent to N813.37 million.
Updated 5 Years ago

The company was established in 1982 by three medical doctors, Alexander Eneli, Sunday Kuku, and Augustine Obiora; the trio merged the first letter of their surnames to form the hospital’s name, EKO. The hospital has grown into a private teaching hospital expanding from Ikeja to Surulere and beyond. After it became a public liability company in 1991, the hospital’s name was changed to Ekocorp plc in 1994.
Updated 5 Years ago

Adamawa Universal Basic Education Commission said it had registered 240 Almajirai for the National Almajiri Education Programme due to take off in the state. Dr Halilu Hamman, the Executive Secretary of the board, told the News of Nigeria (NAN) in Yola on Thursday that the state government was fully prepared for the take-off of the programme by putting in place all necessary facilities.
Updated 5 Years ago

Tragedy struck yesterday when 14 persons lost their lives in ghastly motor accident along the ever-busy Benin-Okene Highway, by Ewu slope, in Esan central area of Edo State. The accident involved a 15-seater Toyota Hiace bus, belonging to the Edo City Transport Service (ECTS) and a truck.
Updated 5 Years ago

Determined to explore various options that can rein in the increasingly destructive attacks on Nigerians by the terrorist group, Boko Haram, President Goodluck Jonathan has announced the offer of amnesty to members of the outlawed Islamic sect. The offer may be patterned after the type offered the Niger Delta Militants who renounced violence, surrendered their arms and embraced dialogue; after which they were put through a de-militarisation process and non-violence training.
Updated 5 Years ago

The Executive Chairman of Airline Operators of Nigeria (AON), Captain Nogie Meggison has faulted the proposal being made for the Nigerian Civil Aviation Authority ( NCAA) to carry out inspection of aircraft after it has been ferried into the country, saying it would compromise safety. Presently before any aircraft is brought into the country, NCAA would inspect the aircraft overseas and certify it air worthy before it is allowed to fly into the country. But what is being proposed now is that the aircraft should be flown into Nigeria before it is inspected by the regulatory body.
Updated 5 Years ago

Stakeholders in the aviation sector have said they are not surprised at the turn of events regarding the airport remodelling project, stating that the review ordered by the Federal Government is expected. The stakeholders, who spoke in separate interviews with our correspondent in Lagos on Wednesday, said due process was not followed in sourcing for the funds used for the projects initiated by the former Minister of Aviation, Ms. Stella Oduah.
Updated 5 Years ago