Diamond Bank Plc said yesterday that it has disbursed N3bn to develop Micro, Small and Medium Scale Enterprises (MSMEs) in the country.
The new management of Intercontinental Bank Plc yesterday removed 26 senior managers for their involvement in series of infractions that caused the recent crisis in the bank.
A financial expert, Dr Agbai Ina Obasi, has urged the Central Bank of Nigeria (CBN) to put a system in place that will make it difficult for bank workers and management to trigger crisis in their organisations.
The International Atomic Energy Agency (IAEA) said yesterday that it is fully in support of the country's ambitions to build a nuclear power plant to meet its growing energy needs.
THE identity card of the the crude oil tanker driver that crushed six market women to death at Effurun, near Warri, in the early hours of last Thursday, has been found by the Army, Vanguard reliably learnt yesterday. The driver is still on the run six days after the unfortunate incident.
HOST Communities of Nigeria, Oil and Gas (HOSTCON), has urged the Federal Government not to transmit the recently endorsed 10 per cent royalty to host communities through the state governments.
Importers and their agents have been thrown into anxiety and panic as a new cargo clearance deadline announced by the Nigeria Customs Service comes into force.
The Federal Government yesterday pledged full support and encouragement for the State Security Service (SSS) and other security agencies with a view to providing a secure environment for sustained inflow of foreign direct investments into the country.
The Federal Government has disclosed plans to start a commodities exchange.
The nation's currency, the naira, lost its ground against the U.S. dollar on yesterday at the inter-bank foreign exchange market.
The Vice President of Ghana, H.E. John Dramani Mahama, has called on the West African sub region and the continent as a whole to engage in partnership without borders to help accelerate infrastructure development within the continent.
The management of Intercontinental Bank, yesterday, might have sacked about 26 senior management staff of the bank. But in an official statement, the bank said that the 26 senior management staff of the bank voluntarily resigned their appointments. Although the details of those forced resignations were still scanty as at the time of going to press, insiders told Vanguard that those affected were ...
GE Oil & Gas, a world leading company in oil and gas equipment and services, in consortium with Rockson Engineering Nigeria, has been awarded a $230 Million contract by the Federal Government of Nigeria for the installation and commissioning of a dual fired (low pour fuel oil/gas) 150-200MW power plant in Kaduna
Nigerian Union of Local Government Employees(NULGE), yesterday advised Governor Peter Obi of Anambra State to appoint credible, qualified and suitable persons as members of the Anambra State Independent Electoral Commission(ANSIEC), following his plan to reconstitute the body, five months after the expiration of the tenure of former members of the commission.
Governor Peter Obi has said that the establishment of Microsoft Academy in many of the state -owned Secondary Schools was aimed at increasing job opportunities for students after school. Governor Obi spoke at the tenth anniversary of Cor Mariae Girls' Secondary School, Nkpor.
The Civil and Local Government Association - Ghana (CLOGSAG), have started raising issues with the Single Spine Pay Policy (SSPP) which is set to take off in January next year. The group claims that its recommendations were not incorporated into the final report, which led to the issuance of a white paper on the policy by the government.
The Government of Ghana announced in its 2010 Budget and Policy Statement the plan to develop an Oil and Gas Industrialization Plan as a sustainable model of managing her petroleum resources. The oil and gas driven industrialization is expected to make Ghana's oil a blessing. For this reason, the government plans to use oil and gas resources to boost the manufacturing and agricultural sectors, ...
Leading global development and Africa advocacy groups reacted with outrage today to news that a London court recently awarded two Vulture Funds a $20 million judgment against Liberia. This amount of money represents the country’s entire education budget and 150% of their spending on health in 2008.
One of the leading Global Service Network (GSM) companies in , Cellcom, has announced a new number series.
In its bid to buttress the Government of Liberia's Poverty Reduction Strategy (PRS) initiative in the country, one of 's leading GSM Companies, the LoneStar Communications Company (LCC) has provided over 200 job opportunities for Liberian students to help facilitate their tuition payment.
The recent smuggling of cocoa beans to neighboring countries by Ghanaian farmers has attracted debate in Ghana's Parliament. Whilst the majority side in Parliament strongly sided with government's intervention to improve on the living conditions of cocoa farmers by increasing cocoa producer price by 71.06%, those on the minority believe that the intervention was a mere rhetoric.
Brick and tile manufacturers in the Brong-Ahafo Region have called on the government to come out with a policy that would help sustain the industry, since most of the manufacturing companies are on the verge of collapsing, due to the low patronage of their products.
Newmont Ghana Gold Limited, as part of its commitment to demonstrate leadership in social responsibility, has handed over 4-unit teachers' quarters to the Asutifi District Education Directorate at Dokyikrom.
The Sierra Leone government is roping in the United Nations Capital Development Fund (UNCDF) to expand microfinance program in the country.
The goods and services tax department of the national revenue authority (NRA) yesterday presented 30 business people with GST certificates at the authority's head office at Wellington Street in Freetown.
