Tag Archives: SEC

Photo Caption: From Tope S. Aladenusi, Chief Strategy Officer (CSO) for Deloitte West Africa; Olatomiwa Williams, Director, Solution Sales for Microsoft Nigeria; Ade Bajomo, Executive Director, Market Operations and Technology, The Nigerian Stock Exchange (NSE); Favour Femi-Oyewole, Chief Information Security Officer, NSE and Ademola Alabi, Founder & Principal Consultant in AAA Bits Consulting Ltd during The Nigerian Capital Market Information Security Forum …

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The Federation Account recorded  a total revenue inflow of  N797.51bn from Value Added Tax between January and October this year, the Minister of Finance has said. Adeosun who released the details of the VAT on Tuesday in Abuja noted that the highest VAT collection of N86.71 billion was achieved in September 2017. She added that the sum of N84.67bn and N83.315bn …

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The zero tolerance stance on market infractions and fraud of the Securities and Exchange Commission (SEC), received yet another major boost Tuesday when Mr. Oyekun Akinsemoyin was arraigned before the Ikeja magistrate court 1 on charges of conspiracy , forgery, fraud and impersonation contrary to sections 412, 380 and 368 of the Lagos state criminal code. The arrest and prosecution of Mr. …

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Ecobank Nigeria has organized customer forum for exporters and importers targeted at boosting trade and commerce in the country.   Country Head, Commercial Banking, Ecobank Nigeria, Rotimi Morohunfola, said the forum held in Lagos at the weekend, is one of the several avenues by which the Bank extends support to promoters and stakeholders in export and import business. He explained that …

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The Managing Director of Nestle Nigeria Plc has assured the company’s stakeholders of sustained returns on investments, quality products and sustained contribution to physical and health being through healthy products. According to the Managing Director, Mr. Mauricio Alarcon, the company will continue to leverage on its quality workforce and products to drive operations. The MD made this remarks on Monday …

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…As Turnover Increases To N70.23 bn Conoil Plc has announced substantial increase in its turnover for the third quarter of its 2017 financial year in defiance of the trend among major oil marketers for the financial year under review. According to capital market analysts, the company’s performance is commendable in view of the tough operating environment the downstream sector of …

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The Securities and Exchange Commission (SEC) has been commended on the establishment of the Nigerian Capital Market Development Fund (NCMDF). Speaking at the inauguration of the board of NCMDF, Former Chairman of the Board of SEC and former DG, Dr. Suleyman Ndanusa  commended the  SEC on its efforts at discharging its primary mandate of regulating and developing the Nigerian capital market particularly …

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Nestle Nigeria Plc Management At The Exchange’s Closing Gong Ceremony…Pix Photo Caption: From Left: Ndidi Nwuneli, Board Member, Nestle Nigeria  Plc; Oscar N. Onyema, OON, Chief Executive Officer, The Nigerian Stock Exchange (NSE); David Ifezulike, Chairman, Nestle Nigeria Plc; Mauricio Alarcon, Managing Director/CEO, Nestle Nigeria Plc and Gbenga Oyebode MFR, Board Member, Nestle Nigeria Plc during the Closing Gong Ceremony at the …

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The International Monetary Fund has advised the Federal Government to urgently revisit tax holidays and exemptions given to companies. It specifically urged Nigeria to implement a reform that would see it phase out tax holidays and exemptions eroding the Company Income Tax base. Successive governments had granted controversial tax holidays and waivers, which were described as forms of corruption The …

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The Governor, Central Bank of Nigeria (CBN), Mr. Godwin Emefiele has urged investors to come over to Nigeria, declaring that the nation’s Return on Investment (ROI) in all sectors of the economy are among the best in the world. Addressing an elite gathering of capital and money market players, investment bankers, treasurers and other fund managers at the London Stock …

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