In demonstration of its commitment to the National Identity Management System (NIMC), Access Bank Plc has provided a fully equipped office for the success of the programme.
Updated 6 Years ago

The biggest election in world history started today in the Himalayan foothills of northeastern India, with Narendra Modi’s opposition party poised to win the most seats as it looks to regain power after a decade. About 815 million voters, roughly the populations of the U.S. and European Union combined, are eligible to cast ballots in nine rounds of voting over the next five weeks to pick 543 lawmakers. Results will be known on May 16 in the nation of 1.2 billion people, where some two-thirds live on about $2 per day.
Updated 6 Years ago

Aero Contractors, one of the country’s leading airlines, will today begin scheduled flights at Asaba Airport with Lagos and Abuja as the initial routes.
Updated 6 Years ago

India's Sun Pharmaceutical Industries said it will buy Ranbaxy Laboratories in a $3.2 billion all-share deal, creating the world's fifth-largest generic drug maker from two firms struggling with quality issues in the lucrative United States market. Ranbaxy, India's biggest drugmaker by sales and 63.4 percent owned by Japan's Daiichi Sankyo Co, is banned from exporting drug ingredients to the U.S. Sun Pharmaceutical's Karkhadi plant is also barred from shipping products by the U.S. Food and Drug Administration.
Updated 6 Years ago

A number of factors ‘conspired’ to depress share prices on the Nigerian Stock Exchange in the first quarter of the year as investors count their losses while analysts warn that the trend may continue in the wake of poor corporate information from quoted firms, reports Festus Akanbi and Sandra Alumona
Updated 6 Years ago

When Mario Draghi flies to the U.S. this week, he will leave a 1 trillion-euro ($1.4 trillion) question mark hanging overEurope. While the European Central Bank president can show his new quantitative-easing plan to officials at the International Monetary Fund meetings in Washington, he has yet to reveal his full hand to investors on its design. That suspense risks setting them up for disappointment, according to economists at UniCredit SpA and Deutsche Bank AG.
Updated 6 Years ago

As the 2013 full financial results of the nation’s deposit money banks continued to trickle in last week, the Central Bank of Nigeria has disclosed that the total specified liquid assets of Nigerian banks stood at N6,614.8 billion in December 2013, representing a decrease of N18.5 billion or 0.3 per cent below the level recorded in November 2013.
Updated 6 Years ago

Protesters in the Ukrainian city of Donetsk have seized the regional department building of Ukraine’s Security Service, local media reported, as cited by ITAR-TASS. It's after pro-Russian rallies happened across Ukraine during the weekend. “The people’s militia seized Ukraine’s Security Service in 15 minutes, at 3:32 in the morning,” the activists told the website of the Ukrainian Vesti newspaper. Currently, the perimeter of the building is being blocked to ensure protection from security forces.
Updated 6 Years ago

Nigeria has moved up 11 steps to become the 26th largest economy globally, ahead of South Africa, following the reclassification of the based year of the gross domestic product (GDP) from 1990 to 2010.
Updated 6 Years ago

It now expects the Chinese economy to grow by 7.6% in 2014, down from its earlier projection of 7.7%. A slew of disappointing figures has triggered concerns of a slowdown in the world's second-largest economy.
Updated 6 Years ago