archiveNovember 9, 2017

  Talent, excellent degree & well-off background alone not enough Graduating with an excellent degree, even coming from a well-off family may not necessarily mean success and greatness but integrity and service to others is the key to greatness, according to Vice President Yemi Osinbajo, SAN. Prof. Osinbajo who was...

The Nigerian Stock Exchange All Share Index (NSE ASI) and the Market Capitalization decreased by 0.24 per cent while the Year-to-Date return stood at 37.87 per cent. The All-Share Index closed at 37,051.54 against the previous close of 37,138.97 while Market Capitalization closed at ₦12.823 trillion against previous close of...

  At least 70 per cent of pharmaceutical products circulating in Nigeria are fake, says Andrew Nevin, the Financial Services Advisory Leader and Chief Economist, Project Blue PWc Nigeria. Mr. Nevin said this in his keynote address at the opening of the 90th Annual National Conference of the Pharmaceutical Society...

Following the successful mega rally in Abuja, Nigerian Breweries and the Federal Road Safety Corps (FRSC), held another mega rally on road safety on Wednesday, November 8, 2017 at the Ojota New Garage in Lagos. The Lagos rally, the second of the three rallies scheduled for the year, is part...

  Dr.Tony Elumelu, Chairman Heirs Holding, will be the Guest Speaker at this year’s Lagos Business School (LBS) Alumni Day, scheduled for Thursday, November 16, 2017 in Lagos. Elumelu, who was also Chairman of UBA Group and Transcorp Plc, will lead discussions on the "Effects of Multiple Regulations and Taxation...

  Former President Olusegun Obasanjo has lamented that political leaders and other key players in both public and private sectors in Africa illicitly launder a whopping sum of $50 billion from Africa annually. Obasanjo said this at the 1st Annual Nigeria Anti Fraud Conference organised in Abeokuta by the Association...

  House of Representatives at Thursday plenary resolved to investigate the Customs duties remitted by commercial banks to the Central Bank of Nigeria (CBN) from January 2014 till date. The aim, according to the House, is to obtain proofs that such remittances were actually made. The resolution followed the consideration...

The Federal Government has developed incentives for the various sector of the economy to accelerate growth, the Minister of State for Labour and Employment, Prof. Stephen Ocheni, has said. Ocheni said this at the 2017 tax week by the Chartered Institute of Taxation of Nigeria on Thursday in Abuja. The...

The Acting Chairman of the Economic and Financial Crimes Commission (EFCC), Mr. Ibrahim Magu, has said that the agency recovered over N738.9 billion (about $2.9 billion) in two years. He said the cash included $43 million recovered from a former Minister of Petroleum Resources, Mrs. Deziani Alison-Madueke. The figures are...

  The Federal High Court in Lagos has ordered the temporary forfeiture of the flat in Osborne Towers, Ikoyi, Lagos where $43,449,947, £27,800 and N23,218,000 were discovered stashed in iron cabinets  in April this year. The order of the forfeiture of the building to the Federal Government was given on...