Monday, 20 December 2010 Anthony Osae-Brown A revised investment guidelines for pension funds has been released by theNational Pension Commission (PENCOM) which will now allow them invest in infrastructure funds and foreign currency bonds issued by Multilateral Development Finance Organisations (MDFOs) like the World Bank, African Finance Corporation (AFC), African Development Bank (ADB) and the International Monetary […]
Uncategorized
Court jails chartered accountant over N7.3 million tax fraud, forgery
Economic Confidential, 20 December 2010  • remands 3 Skye Bank staff for diverting The Guardian tax cheques • Accountant forged FIRS’ signature  For conniving, with three staff of Skye Bank Nigeria Plc, to defraud the Federal Inland Revenue Service, FIRS of N7.3 million, a chartered accountant, Mr. Abayomi […]
What the Non-Suspension of NBC Plc’s Stock Means
December 20, 2010 On the 14th December 2010, the Nigerian Bottling Company Plc (NBC Plc) informed the market of its intention to delist from Nigerian Stock Exchange (NSE) for ‘personal reasons’ it was expected that there existed material grounds for the stock to be placed on technical suspension (while concluding […]
