Senator Buruji Kashamu has warned that before anybody could succeed to extradite him to the US to face trial for drug-related offences, “about three, four or five people will die.” Kashamu, who described as illegal the move by the US to extradite him to the US to face alleged drug charges, said he believed that the Buhari government had integrity …

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Fifty newly authorised dealing clerks have been admitted to trade on the floor of the stock market by the management of Nigerian Stock Exchange (NSE). The new stockbrokers who have been certified by the Chartered Institute of Stockbrokers (CIS), promised during their induction last Friday, to imbibe the discipline and follow to the later the tenets of their profession. Addressing …

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From Left: Willie Sam Ndata, Doyen of Stockbrokers; Olunseyi Abe, President, Chartered Institute of Stockbrokers (CIS); Pai Gamde, Acting of Corporate Services Division, The Nigerian Stock Exchange (NSE); Oscar Onyema, Chief Executive Officer, NSE; Ade Bajomo, Executive Director, Market Operation and Technology, NSE; Mojisola Adeola, Head, Council Secretariat/ Council Secretary, NSE and  Steven Falomo, Head, Securities and Exchange Commission (SEC), Lagos …

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A Non-Government agency, BudgIT, has tasked the Federal Government to make public, details of funds expended on projects executed in the domestic economy. BudgIT said this has become necessary in view of the recent controversies that is currently trailing the government’s position on the money spent on capital projects in 2016. A statement by the non-profit making organization made available …

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The investor protection initiatives of the Securities and Exchange Commission (SEC) received a boost last weekend when an investor,  Rev. Fr. Samuel Ukeje Ikechukwu received a cheque for the sum of N1.5m for his share that were illegally sold. According to Ukeje who is resident in Italy, he bought the Guaranty Trust Bank shares eight years ago through Cashville Investment …

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Transport Minister Rotimi Amaechi has given his side of the story on how two Bell helicopters imported by the Rivers State government ended up being seized by the Customs Service and handed over to the Nigerian Air Force. Amaechi was the governor of the state when the helicopters were ordered. A twist occurred when they arrived, he said. He accused …

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Folake Sokoya The Operatives of Rapid Response Squad (RRS) of the Lagos State Police Command,  have arrested a 35 year old man, Abiola Hamzat and his accomplice, Adebayo Kazeem, 32, for stealing 20 bags of cement from a brick making company based in Agbado area of the state. The suspect was arrested by the Policemen after he had successfully stolen …

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Ecobank Nigeria has enlisted the services of three fleet management companies to handle its transport services on Pay As You Go basis for its Lagos operations. The partnering companies include Uber, AA Rescue, and Car4U. Under the new arrangement, the Bank has concessioned its pool car services and its erstwhile outsourced drivers numbering about 300 are taking possession of the …

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The Sub-Saharan Africa recorded the lowest economic growth in 2016, the lowest in 20 years, the Managing Director of the International Monetary Fund (IMF), Ms Christine Lagarde said on Friday. Lagarde, who made the remarks in her speech: “Becoming the Champion: Uganda’s Development Challenge” in Kampala, said the sub-region’s economy grew in 2016 at about 1.5 per cent “Sub-Saharan Africa’s …

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The Independent Petroleum Marketers Association of Nigeria (IPMAN) in Kano State has told its members to disregard the rumour of a possible price hike of Petroleum Products. The state IPMAN Chairman, Alhaji Bashir Dan-Malam, who said this in an interview with newsmen in Kano on Friday, said the call was necessary to avert hoarding and its attendant hardship on Nigerians. …

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