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The Director General of the Securities and Exchange Commission (SEC), Mr. Mounir Gwarzo and Chief Executive Officer (CEO) of the Nigerian Stock Exchange (NSE), Mr. Oscar Onyema has reiterated the need for operators on the floor of the equities market to be above board in their dealings in the local bourse. The duo said the position of the Commission and …

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Nigerian Musicians have asked the government for an increase in the budgetary allocation to the agricultural sector in the 2018 budget. The artistes,which included Sound Sultan, Vector, Niniola, Harrysong, Lami Philips and Illbliss among others, called on the authority to ‘Walk the Talk’ and to put money “where our mouth is” by increasing the amount of budget that goes to …

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Lagos has been ranked the best performing state in ICT Development as well as best state in E-Government Implementation in Nigeria. The state also bagged awards as the Best State in ICT Infrastructure Development, while it also emerged first runner up in the category for Best State in Human Capital Development. The Awards were presented at the 5th Regular meeting …

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The Nissan Almera sedan has emerged the winner of 2017 Nigeria Automotive Industry (NAI) Car of the Year (CoY) Award, beating four others, Ford Focus, Toyota Corolla, Kia Optima and Peugeot 301, to clinch the top slot. Lagos based vehicle valuation and automotive research company recognised Almera, also known as Versa, as winner in its Car of the Year category …

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Vice President Yemi Osinbajo has inaugurated a N10 billion farmer-to-finance fund set up by the Association of Non-Bank Micro-Finance Institutions of Nigeria (ANMFIN).Inaugurating the fund in Abuja recently, Osinbajo said it would assist agribusinesses to access funds and reduce poverty rate among unbanked rural farmers. The vice president who was represented by the Managing Director of the Bank of Industry …

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Sterling Bank Plc, Your one-customer bank, has won the best company in financial inclusion award at the SERAs CSR Africa 2017 awards held in Lagos weekend. The theme of this year’s edition of the awards is transformational sustainability: From Social Responsibility to Social Impact. The award was received on behalf of the bank by Mr. Olufemi Ojo-Omoniyi, Head, Markets, Liquidity …

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President/CE, Dangote Geoup, Aliko Dangote has been described as the ‘Pride of the Black Race’. Governor of Kano State, Dr. Umar Ganduje, who was speaking at Dangote Special Day, Monday said Nigeria is lucky to be blessed with someone like Aliko Dangote who has made Nigeria and indeed, Africa proud in different ways. Represented by state Commissioner of Commerce, Industry, …

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A total of 800 million units’ ordinary shares of Global Spectrum Energy Services Plc was listed on the mainboard of the Nigerian Stock Exchange at a price of N5 at 50 kobo per value. The listing has added N4 billion to the NSE market capitalization. Addressing stockbrokers and financial journalist at a fact behind the listing session, the company chief …

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Fitch Ratings on Monday rated Federal government of Nigeria’s $3 billion senior unsecured notes ‘B+’. According to Fitch, the FG’s $1.5 billion 6.500% senior unsecured notes due November 28, 2027 and $1.5 billion 7.625% senior unsecured notes due November 28, 2047 the final rating of ‘B+’. The latest report by global agency stated that the final rating replaces the expected …

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As the crisis rocking Oando Plc continued unabated, shareholders of the company yesterday  advised the current management under the leadership of Mr Wale Tinubu to step down in the interest of all stakeholders. A Federal High Court sitting in Lagos had last week dismissed a case filed by Oando PLC against the Securities and Exchange Commission (SEC) seeking to stop SEC from …

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