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Nigeria’s N2.3 Trillion Budget For 2007

Nigerians have received the 2007 budget presented by President Olusegun Obasanjo with reasonably positive feelings. The budget proposal presented to the joint session of the National Assembly amounted to N2.3 trillion for the 2007 fiscal year with a benchmark of $40 per barrel of crude oil...
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Fibre Optic Infrastructure Launched By MTN

MTN Nigeria Limited has launched its fibre optic backbone infrastructure. This coincides with its recent promotion and growth translating to over 12 million subscribers...
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Top Stories

Ecobank Set For Microfinance Operations ...
Managing Director/Chief Executive Officer of Ecobank Nigeria PLC, Mr. Offong Ambah has said the bank is set to commence microfinance banking.


Industrialist Laments Poor Energy Supply...
High cost of energy, epileptic electricity supply and pathetic infrastructure support have been blamed for the major obstacles to manufacturing companies in the country....


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....


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....


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...


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


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


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Comment

PHCN & Online Electricity
Payment System

By Chyke

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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