AMEC’s Measurement Month is a global programme of activities to spotlight attention on the importance of PR measurement. It’s a simple idea which benefits members, clients and the industry by putting measurement on a world stage. And any AMEC member, irrespective of size, can take part! P+ Measurement Services, the first independent PR Measurement Agency in Nigeria and also the only indigenous member of the International Association for the Measurement & Evaluation of Communication (AMEC) in Nigeria, will be hosting the AMEC Measurement Month in Nigeria for its first time, since the birth of the leading agency. The event will…
Author: Orientalnews Staff
The Federal Airports of Nigeria, FAAN, has carried out a simulation exercise at the airside of the Nnamdi Azikiwe International Airport (NAIA), Abuja, to demonstrate its preparedness to manage aircraft emergencies of any kind should the need arise. Present at the event was the Representative of the Managing Director (Director of Airport Operations, FAAN, Capt. Rabiu Yadudu), who noted that this exercise was meant to confirm that FAAN has the right equipment, manpower and strategy to perform its statutory duties. He emphasized that this exercise was also necessary in ensuring the certification of the airport. Also in attendance was Deputy General…
First Bank of Nigeria Limited has promoted over 3000 of its workforce in its recent promotion exercise targeted at rewarding staff for strong performance in driving the Bank’s business. The Bank in recognition of the hard work and contributions of staff rolled out unprecedented promotions across board, moving up over 3000 staff members in spite of the difficult economic down turn and challenging operating environment. In the bid to constantly improve employee welfare, career development and progress, FirstBank continuously develops its staff and invests in its talent pool. This year’s promotions was targeted more towards lower and middle management cadres…
There are clear indications that operators in various sectors of the economy where the Central Bank of Nigeria, CBN, has provided support through development interventions are making spirited efforts to make repayments. The CBN, Intervention in the power and aviation sectors have reportedly reached N277.4 billion cumulatively between September 2016 till June 2017, with repayments by the operators trailing progressively. The programme, under CBN’s Power and Airline Intervention Fund (PAIF) has supported 59 projects in both sectors in efforts to keep them afloat amid harsh economic situation and threats to job. Correspondingly, about N106.13 billion has so far been repaid cumulatively,…
…To Engage MTN For The Project The Nigeria’s Securities and Exchange Commission (SEC) said it will begin enforcement of electronically transmitted annual reports to shareholders. SEC explained that the idea is to ensure they receive such reports few weeks before the annual general meeting of listed companies. The Director General of SEC, Mounir Gwarzo who gave the indication at the agency’s second quarterly Capital Market Committee (CMC), meeting press briefing in Lagos, observed that 98 percent of shareholders don’t get their annual report on time except for institutional investors. According to him, The annual report will not be completely…
The Federal Road Safety Corps (FRSC), has scheduled its 7th Annual Lecture series to hold on the 24th of August 2017, at the Banquet Hall of the Presidential Villa, in the Federal Capital Territory, Abuja. The event, is themed “Achieving the goals of the UN Decade of Action for Road Safety in Africa”. According to the Corps Public Education Officer of the FRSC, Bisi Kazeem, he stated that topical issues which bother on the five pillars of the Decade of Action for road safety in Africa will constitute parts of what will be discussed, amongst other burning issues on road safety. In…
About 15,600 suspected ‘ghost pensioners’ have been uncovered on the pay roll of federal pensioners. The Executive Secretary of Pension Transitional Arrangement Directorate, PTAD Mrs. Ikeazor Akariwe has revealed that about 15,600 pensioners in federal government payroll do not actually exist. Akariwe made the disclosure in Ado Ekiti, the Ekiti State capital, while monitoring the verification exercise for civil service pensioners under the Defined Benefit Scheme, where she said, “We have about 279,000 on our pay roll now while there are over 3000 from Ekiti State. “We inherited the current data and we need to verify it because we have some…
Guaranty Trust Bank Plc has released H1-2017 results, wherein gross earnings grew marginally by 2.01 per cent y/y, supported by a surge in interest income (+51.11 per cent y/y), which more than offset the significant decline in non-interest income (-52.85 per cent y/y). In addition, the lower credit loss provisioning during the period supported the bottom-line, as such, PBT grew by 10.64 per cent y/y (91 bps above our estimate) while PAT grew at double-digit (13.11 per cent y/y, 22.11 per cent above our estimate), resulting in annualized EPS of N3.00 (above our estimate of N2.33). Consistent with its…
The Nigerian Communications Commission, NCC, has begun an audit to determine financial standing of major telecommunications operators in the country. Sunday Dare, executive commissioner, Stakeholder Management, who gave the indication during a corporate governance executive workshop organised by the regulator in Lago, said that the NCC embarked on the exercise to find out the credit and debt profile of all telecoms companies in the country to avert future financial crisis that could lead to the closure or takeover of any telco. “We have a strong team of financial experts and auditors who are looking into the books of critical operators. In a…
A Yaba Magistrate court in Lagos has sentenced a 32-year old man, Ismaila Mabodu to 6 month imprisonment for theft of 10 meters of armoured copper cable at a substation around Nigerian Railway premises Yaba, under the operational coverage of Eko Electricity Distribution Company. According to the police prosecutor in charge of the case, Mr. Amoke Akinyele, the man was arrested by some policemen from Nigerian Railway Corporation on the 3rd of August 2017 at about 3.45 am while attempting to cart away the cable after severing it from a distribution substation. The accused was subsequently arraigned on a two-count charge of wilful damage and theft of earth cable. He pleaded guilty making…
