Business

The Governor, Central Bank of Nigeria (CBN), Mr Godwin Emefiele, has allayed the fears of Nigerians and the international community over the inability to hold the meeting of the Monetary Policy Committee (MPC) for January. A statement signed by Emefiele in Abuja explained  that the meeting, which was earlier scheduled for the Today  and Tuesday, had been cancelled due to the …

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Lagos State Government has constituted a body to convert the heaps of refuse dumped on the highways, major roads and streets of the mega city to create employment and wealth in weeks to come. Governor Akinwunmi Ambode, who gave this assurance over the weekend while inaugurating the new board of the Lagos State Environmental Sanitation Corps (LAGESC), expressed optimism in …

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The multi-million naira standards laboratory being currently constructed by the Standards Organisation of Nigeria is 95 per cent completed. The Director-General, SON, Osita Aboloma, stated this when the House of Representatives Committee on Industry came on a facility tour of the laboratory located in Ogba, Lagos. Aboloma said that the agency was deeply committed to realising the country’s goals of …

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The Enugu State Internal Revenue Service has appealed to individuals, institutions and other corporate tax payers in the state to continue to be patriotic and cooperate with the board in its renewed efforts to actualise the Internally Generated Revenue (IGR) target of N30 billion. This, if achieved, the agency explained, would enable the state fund its 2018 budget proposal, which …

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The Financial Reporting Council of Nigeria (FRC) has inaugurated a Technical Committee to review the suspended National Code of Corporate Governance (NCCG). The committee, which was inaugurated Thursday by the Chairman, Governing Board of the FRC, Mr. Adedotun Sulaiman has Muhammad K. Ahmad as its chairman. A NCCG was issued by the FRC on October 17th, 2016, but was suspended …

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The Debt Management Office has said it will raise between N315 billion to N385 billion from the federal bonds issuance in the first quarter of 2018. This was disclosed in the FGN Bond Issuance Calendar for the first quarter of 2018 released on Thursday. The calendar shows that the DMO plans to raise between N315 and N385 billion from FGN …

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The World Federation of Exchanges (WFE) on Thursday published a set of best practice guideline for market infrastructures designed to engender a staff culture of cyber security compliance. ​ The paper takes a behavioural approach to the issue, as evidence shows that moving away from classroom-based refresher sessions and thinking more creatively about how to get staff to consider cyber defences …

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Union Bank, one of Nigeria’s longest serving banking institutions, has been named ‘The Fastest Growing Retail Bank, Nigeria’ in the 2017 edition of the International Finance Magazine (IFM) Awards. The award was presented at the IFM Award ceremony which took place this January in Dubai, United Arab Emirates. The IFM Award is a leading international award that celebrates excellence within …

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Photo Caption:  From Left; Haruna Jalo-Waziri, Chief Executive Officer, Central Securities and Clearing System (CSCS) Plc; Mr. James M. Stone, the founder and CEO of Plymouth Rock Company and  former Chairman of the US Commodities Futures Trading Commission (CFTC); Oscar Onyema, Chief Executive Officer, The Nigerian Stock Exchange (NSE); Mrs Cathy Stone and  Bola Adeeko, Head, Shared Services Division, NSE …

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Tayo Olanipekun The Lagos State government and operators of Private Sector Participation (PSP), in the waste management sector have agreed to amicably resolve the dispute leading to a suit before a Lagos High Court in Igbosere on the implementation of the Cleaner Lagos Initiative (CLI). The CLI, which is a new waste management policy of the state government, was established …

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