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The Lagos State Government has commended Globacom for supporting, for the second consecutive time, the astonishing innovations introduced by the Governor Akinwunmi Ambode administration to the annual Lagos State Countdown to a new year now tagged, One Lagos Fiesta. Globacom was the exclusive telecommunications partner of the event which held between 24 and 31 December, 2016. In addition to the …

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From Left: SP Awe Kayode of SEC Police Unit, SP Ogbuefi Henry-King Head of SEC police unit, Rev. Fr. Ukeje Samuel Ikechukwu, the Complainant, Mrs Ifunayanchi Atuorah and ASP Onuoha Uka when Ikechukwu was presented with a cheque of N1.5m recovered from illegal sale of his shares in Abuja, weekend   Advertisement

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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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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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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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Indian Acting High Commissioner, Mr Kaiser Alam, has said that the trade volume between Nigeria and India dropped to $12 billion in 2016. Alam said this at a reception to mark the 68th Republic Day of India in Abuja on Thursday. The envoy explained that the trade volume dropped from $16 billion in 2015 to $12 billion in 2016 due …

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  Despite the drag in its performance, Guinness Nigeria Plc has assured investors that of a better-days ahead despite the current challenges that is facing the industry. Mr Peter Ndegwa Managing Director of the company disclosed this on Thursday in a statement made available to https://nationalwire.com.ng in Lagos. Ndegwa who was commenting on the company’s unaudited half year financial statement …

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The Federal Mortgage Bank of Nigeria (FMBN) says it has sought for legislative intervention for the upward review of its capital base to N500 billion as endorsed by the National Council on Housing to enable it meet its mandate and adequately provide the needed housing funds for Nigerians. Ag. MD/CEO FMBN, Mr. Richard Esin, who revealed this at a 3-day staff …

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Investors  stand to benefit from  the opportunities in the oil and gas sector worth $12trillion, the Chief Executive Officer, Lagos Deep Offshore Logistics base (LADOL), Dr Amy Jadesinmi, has said. Presenting a paper titled: “Business leaders to promote $12 trillion global economic development target,” at a conference organised by the Business and Sustainable Development Commission (BSDC) in London, Jadesinmi said …

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