Nigeria Continues To Experience Rise In Reserves As Inflation Recedes, UBA Forges Strong Bond With South African Firm, Zenith Bank Posts 58 Per Cent Rise In Gross Earnings, The Nigeria Business.com

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Nigeria Continues To Experience Rise In Reserves As Inflation Recedes 11th OCT 2006

The Central Bank of Nigeria (CBN) has said the inflation rate in the country has dropped by two percent from 15.5 percent in June this year to 13.5 percent at the end of July...
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UBA Forges Strong Bond With South African Firm
11th OCT 2006

South African firm Metropolitan Life yesterday announced an expansion of its presence on the African continent through a 50/50 joint venture with the United Bank for Africa (UBA)...
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Zenith Bank Posts 58 Per Cent Rise In Gross Earnings...
Zenith Bank’s gross earnings topped N19.6 billion in the first quarter of 2006/2007, an increase of 58 per cent over N12.4 billion it posted in the corresponding period of the last financial year....
11th OCT 2006

Okereke-Onyiuke Condemns CBN’s Call for Independent Directors...
Dr. (Mrs.) Ndi Okereke-Onyiuke, Director General of the Nigerian Stock Exchange (NSE) has flayed the Central Bank of Nigeria on its demand for the provision of independent directors on the board of banks in the country....
10th OCT 2006

Small and Medium Size Enterprises Get A Look In...
The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) has embarked on a study designed to explore the potentials of the informal sector...
10th OCT 2006

Companies Present Scorecards to Nigeria Stock Exchange...
Meanwhile, five other companies presented their scorecards to the Nigerian Stock Exchange last week.
10th OCT 2006

Sterling Bank Restructures Capital...
Sterling Bank Plc's share capital was reconstructed last week, following the recommendation of the board of directors.
10th OCT 2006

FG Lists N26.9b Bond...
The number of Federal Government Bonds listed on the Nigerian Stock Exchange increased last week to 32 with the listing of the five-year N26.86 billion Federal Government Bond 2011 series 13 with coupon rate of 12.99 per cent.
10th OCT 2006

Insurers Mount Campaign For Investors' Support On Insurance Stocks...
AS the deadline of February 28th, 2007 for the re-capitalisation and consolidation in the insurance industry closes in, stakeholders in the industry have sustained campaign for the support of investors in order to meet the new minimum capital base requirements for the insurance industry.
9th OCT 2006

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Comment

PHCN & Online Electricity
Payment System
By Chyke 9 OCT 2006

This is a great achievement for the country. My only concern here is the motivation for this implementation...
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Columnist Weekly

CALL CENTRES IN THE BANKING INDUSTRY- An engine for growth

Many companies can turn their call centres into powerful engines for growth.

A few years ago it was almost impossible to reach your bank either because they had limited phone services or that the few they had were always busy or the phones were out of order or maybe you didn’t have the numbers available to reach them. Another reason could be the Avers / Auto attendants that most banks use that toss people from one prompt to another until the person eventually hangs up (frustrating if caller doesn’t understand English). My advice to those investing huge sums in Auto attendants in Nigeria is to stop! It is a cultural thing; Nigerians don’t like listening or talking to a machine...
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