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FRC Board to review NCCG

By Adeola Tukuru Abuja The Federal government has inaugurated the Board of the Financial Reporting Council of Nigeria (FRC) with a charge to prioritise the review of the draft National Code of Corporate Governance (NCCG) with a view to accommodating ...

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SEC dissolves Ikeja Hotels Board

By David Agba Abuja The Securities and Exchange Commission (SEC) has announced the dissolution of the board of Ikeja Hotels Plc due to unresolved internal crisis involving some majority shareholders of Ikeja Hotels Plc The Commission said this proactive measure ...

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TCN weakest link in power sector– ANED

The Association of Nigerian Electricity Distributors (ANED) has accused the Transmission Company of Nigeria (TCN) as the weakest link in the energy system in the country. ANED director, Barrister Sunday Odutan in a television programme monitored in Abuja said the ...

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Adeosun takes forward aff ordable homes agenda

Th e Minister of Finance met with representatives from International Finance Institutions at the World Bank Spring meetings to take forward discussions on Nigeria’s agenda to deliver aff ordable housing. Speaking following the meeting, the minister said: “Delivering aff ordable ...

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Equity market gains N45bn

By Amaka Ifeakandu Lagos Trading activities on the fl oor of Nigerian Stock Exchange yesterday returned to bullish trend as the two market indicators appreciated by 0.50 per cent. the NSE transactions for the day showed that market capitalisation of ...

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Return of ASCON, my concern – Senator Ogembe

Senator Ahmed Ogembe, who represents Kogi Central senatorial district, which hosts both Ajaokuta Steel Company of Nigeria (ASCON) and National Iron Ore Mining Company (NIOMCO), in this interview with ABUBAKAR MOHAMMED speaks of his commitment towards the administration of President ...

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Recession: Ecobank, loses 5% shares

By Patrick Andrew Abuja Ecobank Nigeria has said that its 2016 profi t margin was adversely aff ected by the country’s economic recession and the movement in the foreign exchange rate. Th e bank, which operates in nearly 40 African ...

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Stakeholders lament poor connectivity

Experts in the Information and Communications Technology industry in Nigeria have frowned at poor connectivity services been delivered at public organisations resulting in loss of working hours and poor service delivery. A network connectivity expert, Dewole Ajao, said: “Day after ...

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CBN restores calm in Forex market

By David Agba Abuja Th e eff orts of the Central Bank of Nigeria (CBN’s) aim at ensuring stability in the foreign exchange market may have started yielding results as the market are now awashed with liquidity surfeit. Indications of ...

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Why we’re opening up NNPC – GMD

By Abdulaziz Abdulaziz Abuja Th e Group Managing Director of the Nigerian National Petroluem Corporation (NNPC), Dr. Maikanti Kacalla Baru has said that his agenda of opening up the corporation was intended to instill a regime of transparency in the ...

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Area Postal Manager NIPOST, Mr. Joseph Agalu, Representative Enugu Chamber of Commerce, Industries, Mines and Agricultur during the on-going 28th Enugu International Trade Fair

From left: Area Postal Manager, Nigeria Postal Service (NIPOST), Mr. Joseph Agalu, representative of the President, Enugu Chamber of Commerce, Industries, Mines and Agriculture (ECCIMA), Sir Eric Chime and NIPOST Marketing Manager, Mrs. Nkeiru Onaga, at NIPOST stand during the ...

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