Zenith Bank divests from securities arm

More than two years after the Central Bank of Nigeria (CBN) ordered banks not operating the holding company (HoldCo) structure to divest from non-core banking services, Zenith Bank Plc  has taken steps to divest from its stockbrokerage arm, Zenith Securities Limited.
In its notice to the Nigerian Stock Exchange (NSE) on Friday, Zenith bank stated that it  has reached an agreement with some investors in respect of the sale and divestment of its investment/equity interest in the company.

Beverage coys mobilise against drunk-driving

To improve road safety and promote responsible attitude towards the consumption of alcohol in the country, alcoholic beverage producing companies in Nigeria have flagged off a campaign aimed at enlightening road users on the need to abhor drunk-driving.

Jonathan launches National Schools Agric scheme

…Abdulsalam, Danjuma, Dangote, Elumelu, others appointed ambassadors 

 President Goodluck Jonathan yesterday, launched  the National Schools Agriculture Programme (NSAP) aimed at developing a new generation of youth agriculture enthusiasts from secondary schools.The pilot phase of the programme, a School Agribusiness Club (SAC), is to be established in selected schools from 12 states across the six geo-political zones. Each club will comprise 120 students. ‎

Mark insists on full implementation of 2014 budget

Ahead of the presentation of the 2015 Appropriation Bill to the National Assembly, Senate President, David Mark, has called for the full implementation of the national budget.

FDI: Nigeria received over $67bn in 13yrs –CBN

The Central Bank of Nigeria (CBN) said Nigeria received Foreign Direct Investment (FDI) of over $67 billion between 2000 and 2013.
The Governor of CBN, Godwin Emefiele, disclosed this at his conferment on him of the Honorary Fellowship of the Chartered Institute of Bankers of Nigeria (CIBN) at the 2014 CIBN Investiture, weekend.

Amodu: S’Eagles job tough

Head of the newly appointed consortium of coaches for the Super Eagles, Shaibu Amodu describes the task of winning the two remaining Africa Cup of Nations qualifying matches as very tough.
Consequently, he has asked Nigerians to be moderate in their expectations of the team in the remaining qualifiers.

The Church must compliment the govt in development-Martins

 The Catholic Archbishop of Lagos diocese, Adewale Martins has said that the church as a family should compliment the government for national development.
Martins, spoke through the Episcopal Vicar, Badagry Region, Very Rev. Eddie Hartnett during his pastoral visit to Saints Joachim and Anne Catholic church, Ijegun, Ikoton, Lagos.