Tag: 2012

Persons Displaced By 2012 Flood In Edo Still Live In Camps

Filed in News by on August 22, 2016 0 Comments
Persons Displaced By 2012 Flood In Edo Still Live In Camps

Four years after the 2012 flood disaster that ravaged Edo, Delta and Kogi states, many displaced persons are still staying in public buildings in the affected local councils, the News Agency of Nigeria reports. Five villages, Daba, Anegbette, Oghomere, Udochi and Ukepeko in Etsako Central Local Council of Edo State were displaced by the disaster. […]

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FG Recorded N975.7b Deficit In 2012 -CBN Report

Filed in Business by on November 1, 2013 0 Comments
FG Recorded N975.7b Deficit In 2012 -CBN Report

The Central Bank of Nigeria (CBN), on Thursday published its audited financials for the year ended December 31, 2012, indicating among others, that gross federally collected revenue was N10.654 trillion. This amount, representing 26.3 per cent of GDP, exceeded the N7.953 trillion target for the period by 34.0 per cent, resulting in an overall deficit […]

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NEMA: Losses From 2012 Flood Hits N2.1Trillion

Filed in News by on September 21, 2013 0 Comments
NEMA: Losses From 2012 Flood Hits N2.1Trillion

The National Emergency Management Agency (NEMA) Friday said the cumulative losses incurred by the country as a result of last year’s massive flood has now reached N2.1 trillion. The figure was given by the Director-General of NEMA, Alhaji Muhammad Sani-Sidi, during the signing of a Memorandum of Understanding with the National Environmental Standards Regulatory and […]

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Crisis: SEC Steps In, Probes Bank’s 2012 Result

Filed in News by on August 31, 2013 0 Comments
Crisis: SEC Steps In, Probes Bank’s 2012 Result

The Securities and Exchange Commission, SEC, is investigating pan-African lender, Ecobank Transnational Incorporated over an alleged misstatement of its 2012 performance, a source at the Securities and Exchange Commission in Abuja said friday. Inside source told Reuters that SEC held meetings with Ecobank’s board of directors on Aug. 6 to discuss the issue, which was […]

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Wall Street Falls, Ends Worst Month Since May 2012

Filed in Business by on August 31, 2013 0 Comments
Wall Street Falls, Ends Worst Month Since May 2012

(Reuters) – U.S. stocks fell in a thinly traded session on Friday as the S&P 500 index recorded its steepest decline since May 2012 and investors avoided making large bets before a long weekend with the situation about Syria still uncertain. Afternoon trading was volatile, with indexes swinging between break-even levels and solid losses as […]

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