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SEC orders NSE to recover N1.35bn bonuses

  By Gbenga Agbana   Thursday, 7 Oct 2010 Securities and Exchange Commission on Wednesday directed the Interim Administrator of the Nigerian Stock Exchange, Mr. Emmanuel Ikazoboh, to take steps to recover the money shared by council members between 2006 and 2008. A statement issued by SEC’s Head, Media, Mr. […]

Dangote Flour to begin exportation, pays N4b dividend

Thursday, 07 October 2010    Dangote Flour Mills, on Wednesday in Kano, announced plans that arrangements were at advanced stage to begin direct and indirect exports of its products into neighboring countries like Chad, Cameroon, Niger and Sudan.Addressing shareholders at the annual general meeting, chairman of the company, Alhaji Aliko […]

Banking: 50 years of trial and error

WEDNESDAY, 06 OCTOBER 2010 00 BY ENITAR UGWU   Sure Nigeria is 50 years of age. It is a remarkable landmark in any nation’s life.In the Nigerian banking clime it is like starting afresh as gale had blown recently across the banking industry.In a related development, the same gale last […]