Information – Page 501 – City Business News

September 20, 2017 No Responses

NSE Photo News

L – R shows Ade Ewuosho, Head, Market Service, The Nigerian Stock Exchange (NSE); Pai Gamde, Acting Head, Corporate Services Division, NSE; Laure Beaufils, British Deputy High Commissioner; Ade Bajomo, Executive Director, Market Operations and Technology, NSE and Favour Femi-Oyewole,...

September 20, 2017 No Responses

FG pledges more support for capital market, inaugurates Investment and Securities Tribunal

The Minister of Finance, Mrs. Kemi Adeosun, on Tuesday reconstituted ten-man Investment and Securities Tribunal (IST), which has Siaka Isaiah Idoko as the Chairman. Other members are: Jude I. Udunni, Mr. Nosa Osemwengie, Abubakar A. Ahmad, Albert L. Otesile,...

September 20, 2017 No Responses

SEC bans Ogiemwonyi for life, suspends Omoragbon

The Securities and Exchange Commission (SEC) has banned the Managing Director of Partnership Investment Company Plc and Partnership Securities Limited, Mr. Victor Ogiemwonyi for life from holding directorship positions in any public company in Nigeria fo...

September 20, 2017 No Responses

Global coalition to boost equal pay for women at work

One of the most persistent barriers to women’s success at work and to economic growth, unequal pay, will be actively challenged by a new global partnership, the Equal Pay International Coalition (EPIC) . With the launch of EPIC, the International Labour...

September 20, 2017 No Responses

Promotion arrears: Labour suspends strike

As the Federal Government commences the payment of outstanding salaries, promotion arrears, and other allowances owed Federal Public Officers, organised Labour under the aegis of Association of Senior Civil Servants of Nigeria (ASCSN) has suspended the strike ...

September 20, 2017 No Responses

Nissan production line hits 150 million vehicles in 84 years

Nissan Motor Company Ltd. has reached a new milestone with 150 million vehicles produced globally. It took 73 years for Nissan to produce its first 100 million vehicles after the company was founded in 1933, and another 11 years to build...

September 20, 2017 No Responses

NPA Photo News

The Managing Director of Nigerian Ports Authority (NPA), Hadiza Bala Usman (standing 5th from Left), President, Institute of Chartered Accountant of Nigeria (ICAN), Alhaji Ismaila Muhammadu Zakari (standing 4th from left), NPA Executive Director, Finance &...

September 19, 2017 No Responses

Customs impounds Dangote truck with N47m smuggled poultry products

The Nigeria Customs Service (NCS) has impounded a truck in Ogun State belonging to Dangote Cement with about 3,000 cartons of smuggled frozen poultry valued at over N47 million. NCS Comptroller in Ogun State, Sani Magudu, explained on Monday...

September 19, 2017 No Responses

Employee fraud in UK hits £40m in one year

Businesses in the United Kingdom reported more than £40m in losses from employee fraud in 2016, figures published by Chartered Institute of Personnel Development (CIPD) revealed on Monday. The data, which was obtained by accountancy firm RSM under a freedom.....

September 19, 2017 No Responses

NSE Photo News

L – R Shows Bonaventure Onwuji, Listing Compliance Manager, The Nigerian Stock Exchange (NSE); Godstime Iwenekhai, Acting Head, Listings Regulation Department, NSE; Tinuade Awe, General Counsel, Head of Regulation, NSE; Agnes Lutukai, Head of Department, Pro...

September 19, 2017 No Responses

At NSE investor clinic, dematerialisation, direct cash settlement, e-dividend take centre stage

The Nigerian Stock Exchange (NSE) has conducted an investor clinic designed to educate capital market stakeholders on ‘The role of Dematerialization, Direct Cash Settlement and E-dividend in the development of the Nigerian Capital Market’. Held in Lag...

September 19, 2017 No Responses

Ford explores strategic alliance with Mahindra

Ford Motor Company and Indian automaker Mahindra and Mahindra Ltd announced they are exploring forming a strategic alliance, as traditional automakers increasingly collaborate to meet the threat of competition from technology-focused firms. The compan...

September 18, 2017 No Responses

Council to FG: Speed up revitalisation of Ajaokuta, ALSCON

The Federal Government has been urged to speed up the revitalisation of the Ajaokuta Steel Company Ltd and Aluminium Smelting Company of Nigeria (ALSCON), as well as revive several moribund steel plants scattered across the country in a bid to...

September 18, 2017 No Responses

‘Nigeria needs $3t to fix infrastructure’

Nigeria needs $3 trillion to fix infrastructure deficit in the country over the next three decades, Africa Finance Corporation (AFC) has said. Speaking at the weekend in Lagos, AFC President/Chief Executive, Andrew Alli called on government to allow cost...