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#Chairman of Nigeria Export Processing Zones Authority
accuratenewsng · 2 years
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Reps Direct NEPZA To Pay N13.3bn Remittance
Reps Direct NEPZA To Pay N13.3bn Remittance
The House of Representatives says the Nigeria Export Processing Zones Authority, NEPZA is to pay Federal Government the sum of thirteen point three billion naira as unclaimed funds. The Chairman House Ad-hoc Committee Investigating suspicious and unclaimed funds in various accounts in commercial banks and MDAs, Mr Unyime Idem, when the Agency appeared before the committee. The Mr Idem stated…
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okaynigeria · 2 years
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FIRS, NEPZA sign MoU on improved collaboration for tax administration at free trade zones
FIRS, NEPZA sign MoU on improved collaboration for tax administration at free trade zones
The Federal Inland Revenue Service (FIRS) on Tuesday signed a Memorandum of Understanding with the Nigeria Export Processing Zone Authority (NEPZA) on improved collaboration towards tax administration at Free Trade Zones under the NEPZA. The MoU signing ceremony was led by the Executive Chairman of the FIRS, Muhammad Nami, and the Managing Director of NEPZA, Professor Adepoju Adesugba at the…
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wavenigeria · 3 years
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FG seeks amendment of NEPZA Act to ease operations at FTZs
FG seeks amendment of NEPZA Act to ease operations at FTZs
The Federal Government has called for the amendment of the Nigeria Export Processing Zones Authority (NEPZA) Act to address issues affecting seamless operations of Free Trade Zones (FTZs) across the country. Chairman Senate Committee on Trade and Investment, Francis Fadahunsi, made the call during an oversight visit, alongside board members of NEPZA to the Snake Island Integrated Free Zone…
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upshotre · 4 years
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Adebayo clarifies issues on transfer of 14bn from 2017 budget of NEPZA
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Minister of Trade and Investment Adeniyi Adebayo says that the Federal Government would be a major share holder in the company that will be in charge of Special Economic Zone.   Adebayo gave the clarification in Abuja on Monday when he appeared before the Senate Committee on Appropriation.   The clarification from the minister follows a previous request for clarification from the Senate Committee on Trade and Investment on the alleged illegal transfer of about N14 billion from 2017 appropriation budget of the Nigeria Export Processing Zones Authority (NEPZA).   The committee had noted the fund, which was transferred to Nigeria Special Economic Zones Company, was in breach of 2017 Appropriation Act. The committee had sought an explanation on how such fund got moved from government coffers to a private company without due process and without provision of goods and services.   The ministry, via the Permanent Secretary, Mr Edet Akpan, had at the 2020 budget defence before the Committee on Trade and Investment explained that the said amount was domiciled in an account with the Central Bank of Nigeria (CBN).   Akpan had said: “The idea of opening an equity company was a creative idea of the former minister who believed it was more proper to have a centralised equity company that could managed all the free trade zones in the country.   “That informed the decision for an equity company to be set up and all that was done after a wide consultation and approval from the Federal Executive Council (FEC).   “The then minister also requested from the budget office the sum of N48 billion to be appropriated for the purpose of that investment in 2017.   “Unfortunately the amount that was released was about N14 billion and it was 100 per cent controlled by NEPZA and had nothing to do with the main ministry. “But when the minister taught of implementing the project and having got the approval of FEC, NEPZA was asked to transfer the money to an account that was opened with CBN and that was done. “But in the course of trying to implement the project, there was some form of disagreements in terms of who were the subscribers to the company and that led to the putting on hold the execution of the project’’. “The issue is that the previous administration, my predecessor at the time of setting the company, the process by which he set up the company created an impression that made some people think it is a private company.” He said that the reason for setting up the special company called Special Economic Zone was to champion government business activities. He, however, said that the process of establishing the company by the previous administration had resulted in some form of investigation and litigation. He said that the Economic and Financial Crimes Commission (EFCC) and the State Security Services (SSS) were investigating the various processes leading to the establishment of the company. This, he said had resulted in the ministry putting on hold every matter on the company until investigation are concluded. Adebayo said that the amount of money that was previously appropriated for the company was in the custody CBN. Chairman of the Committee, Sen. Barau Jibril (APC Kano), thanked the minister for his explanation on the issue. He urged the minister to liaise with the president on bringing up appropriation for consideration of senate after resolving the matter.   Sen. Rochas Okorocha (APC Imo), urged the committee to consider appropriating the 14 billion domicile in CBN to sectors such as tourism and other sectors, noting that it does not make economic sense for such money to be kept in the bank.   Read the full article
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theleadernews · 5 years
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Senate Committee probes NEPZA’s N14.3 billion fraud
Senate Committee on Trade and Investment on, Tuesday, opened fresh investigation into illegal transfer of N14.3billion from the 2017 budgetary allocation of the Nigerian Export Processing Zones Authority (NEPZA) to a private company, Nigeria Special Economic Zones Company. Worried by the brazen disregard to the 2017 Appropriation Act, the Chairman of Senate Committee on Trade […]
The post Senate Committee probes NEPZA’s N14.3 billion fraud appeared first on The Leader Newspaper Online.
from WordPress https://theleaderassumpta.com/2019/10/23/senate-committee-probes-nepzas-n14-3-billion-fraud/
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afroinsider · 5 years
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Senate committee directs minister, NEPZA boss to return N14.3 billion - Premium Times Nigeria
Senate committee directs minister, NEPZA boss to return N14.3 billion – Premium Times Nigeria
The Senate has directed the Minister of Industry, Trade and Investment, Okechukwu Enelemah, and the acting Managing Director of Nigeria Export Processing Zones Authority (NEPZA), Terhemba Nongo, to return N14.3 billion to the federal government, the Punch newspaper has reported.
The demand was contained in a letter written by the Chairman of Senate Committee on Trade and Investment, Mohammed Sabo…
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mp3afriq · 5 years
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Senate orders minister, agency to return N14.3b to treasury
Senate orders minister, agency to return N14.3b to treasury
The Senate has ordered the Minister of Industry, Trade and Investment, Okechukwu Enelamah, and the Acting Managing Director of the Nigeria Export Processing Zones Authority (NEPZA), Terhemba Nongo, to immediately return N14.3 billion of the agency’s 2017 budget votes to the treasury.
A letter by the chairman of its Committee on Trade and Investment, Mohammed Nakudu Sabo (APC Jigawa South West)…
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NEPZA Hails Oni’s Appointment as Board Chairman
By Dipo Olowookere The appointment of former Ekiti State Governor, Mr Segun Oni, as board Chairman of the Nigeria Export Processing Zones Authority (NEPZA) has been described as well-deserved. Managing Director of the agency, Mr Emmanuel Jime, said the appointment showed President Muhammadu Buhari’s commitment to take NEPZA to the next level. In his congratulatory message issued on Sunday in…
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Below are the headlines found on The Guardian Online Newspaper for today, Monday, 31 July, 2017.
Journalists beaten, property destroyed as thugs invade Kaduna NUJ Secretariat
Mon, 31 Jul 2017
Kaduna'Armed thugs, yesterday, attacked journalists and others at the Kaduna State Council of the Nigerian Union of Journalists, NUJ, secretariat, disrupting a press conference being addressed by Senators Shehu Sani and Othman Hunkuyi on the outcome of the recently held congress of All Progressives Congress, APC.The post Journalists beaten, property destroyed as thugs invade Kaduna NUJ Secretariat appeared first on Vanguard News. 
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Transport: BRT operator reviews fares downwards
Mon, 31 Jul 2017
As part of measures to make public commuting affordable, operator of Bus Rapid Transit, BRT, Franchise in Lagos State, Primero Transport Services Limited, has concluded plans to slash the current flat rate of bus fares from Ikorodu to Tafawa Balewa Square, TBS, corridors of the state.The post Transport: BRT operator reviews fares downwards appeared first on Vanguard News. 
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GenCos present 7-point demand to Osinbajo
Mon, 31 Jul 2017
Electricity Generating Companies, GENCOs, have presented a seven-point demand to the Federal Government asking for an immediate end to electricity rejection by National Control Centre, NCC, Osogbo, Osun State, in collaboration with the Electricity Distribution Companies, DISCOs.The post GenCos present 7-point demand to Osinbajo appeared first on Vanguard News. 
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IGBONLA SIX: How colleague's sickness aborted victims' escape plan
Mon, 31 Jul 2017
More revelations about the 65-day abduction experience of the freed six Senior Secondary School students of Lagos Model College, Igbonla Epe, in their abductors' den were unveiled yesterday, as one of the students disclosed how they attempted to escape from the den when it became apparent that their captors were not willing to release them quickly.The post IGBONLA SIX: How colleague's sickness aborted victims' escape plan appeared first on Vanguard News. 
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FG adopts $11bn Dangote refinery under new petroleum policy
Mon, 31 Jul 2017
The Federal Government has adopted the $11billion Dangote refinery, under its new National Petroleum Policy in order to add value to crude oil, reduce high dependence on imported petroleum products and conserve foreign exchange for other developmental projects.The post FG adopts $11bn Dangote refinery under new petroleum policy appeared first on Vanguard News. 
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Obasanjo to recount Christian experience
Mon, 31 Jul 2017
GENERAL Olusegun Obasanjo, the first leader to preside over the Nigerian government both as a soldier and a civilian politician, will, next Sunday, August 6, tell Nigerians what influence his Christian experience has had on his military career and his journey through in the country's political terrain.The post Obasanjo to recount Christian experience appeared first on Vanguard News. 
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Saraki, Dogara, Adeosun, Emefiele, others back NSE's conversion
Mon, 31 Jul 2017
The move to amend the Nigerian Stock Exchange Act of 1960 to enable it convert from a company limited by guarantee to the one limited by shares has received the support of Federal Government and other critical stakeholders.The post Saraki, Dogara, Adeosun, Emefiele, others back NSE's conversion appeared first on Vanguard News. 
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Boko Haram: Osinbajo meets service chiefs, IGP, DSS boss
Mon, 31 Jul 2017
ACTING President, Prof. Yemi Osinbajo, last night, had another meeting with Service chiefs, Inspector General of Police, Ibrahim Idris; and Director-General of Department of State Services, DSS.The post Boko Haram: Osinbajo meets service chiefs, IGP, DSS boss appeared first on Vanguard News. 
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IPOB members storm church, protest to Obiano
Mon, 31 Jul 2017
The insistence by members of IPOB, that there would be no election in Anambra State in November this year, allegedly took a dangerous dimension with some youths suspected to be members of IPOB storming St. Joseph's Catholic Church, Ekwulobia in Aguata Local Government Area, Anambra State where Governor Willie Obiano was worshipping and tried to disrupt the service.The post IPOB members storm church, protest to Obiano appeared first on Vanguard News. 
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APGA primaries: 2 Anambra courts stop Agbaso
Mon, 31 Jul 2017
TWO High Courts in Anambra State sitting in Nnewi and Awka have stopped the national chairman of All Progressives Grand Alliance, APGA, Chief Martin Agbaso, from conducting the governorship primaries of the party for the November 18 election.The post APGA primaries: 2 Anambra courts stop Agbaso appeared first on Vanguard News. 
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SERAP drags Dogara to UN over 'repressive bill to regulate, crackdown on civil society
Mon, 31 Jul 2017
Socio-Economic Rights and Accountability Project (SERAP) has sent an urgent appeal to three UN Special Rapporteurs urging them to 'put meaningful pressure on the leadership of the National Assembly in Nigeria particularly the Speaker of the House of Representatives Mr Yakubu Dogara to immediately withdraw the repressive bill to establish a commission that would monitor, supervise, de-register, and pre-approve all activities by civil society, labour, community based organizations, and the me 
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Lagos Deputy Speaker sues Banire for alleged forgery
Mon, 31 Jul 2017
Deputy Speaker of Lagos State House of Assembly, Hon. Wasiu Eshilokun Sanni has dragged the National Legal Adviser of All Progressives Congress (APC), Mr Muiz Banire before a Lagos High Court in Ikeja over forgery of his purported withdrawal letter from the 2015 election into Lagos Island Constituency 1 of the House.The post Lagos Deputy Speaker sues Banire for alleged forgery appeared first on Vanguard News. 
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N-Delta militants to resume fresh attacks Sept 31
Mon, 31 Jul 2017
NIGER DELTA Revolutionary Crusaders, NDRC, one of the militant groups that asked the Pan-Niger Delta Forum, PANDEF, led by Chief Edwin Clark, to stop all engagements with the Federal Government, has announced that it will commence fresh attacks on oil facilities across the Niger Delta on September 31. The post N-Delta militants to resume fresh attacks Sept 31 appeared first on Vanguard News. 
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NEPZA begins probe of Calabar tank farm explosion
Mon, 31 Jul 2017
The Nigeria Export Processing Zones Authority, NEPZA, yesterday, said it had commenced investigation into the petroleum products tank farm explosion at the Calabar Free Trade Zone, while it vowed to prosecute any individual or organisation found culpable.The post NEPZA begins probe of Calabar tank farm explosion appeared first on Vanguard News. 
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Respect agreement with host communities, IYC tells AGIP
Mon, 31 Jul 2017
THE Eric Omare-led faction of Ijaw Youth Council, IYC, worldwide, has called on Nigeria Agip Oil Company, NAOC, to comply with the memorandum of understanding entered into with its host communities and observe international best practices in its oil and gas operations to avert a shutdown of the company's operations.The post Respect agreement with host communities, IYC tells AGIP appeared first on Vanguard News. 
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Edo Pdp constitutes c'ttee to restructure party
Mon, 31 Jul 2017
EDO State chapter of the Peoples Democratic Party, PDP, has set up a 13-man committee to discuss and engage stakeholders on the best strategies to reposition the party and bring it back to its winning ways.The post Edo Pdp constitutes cttee to restructure party appeared first on Vanguard News. 
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Take over investigation of my slain son's case, woman begs IG
Mon, 31 Jul 2017
A Benin- based woman, Mrs Florence Omorodion, whose son was allegedly murdered over dispute arising from the content of the Will of her late husband, has appealed to the Inspector General of Police to take over investigation into the circumstances that led to the death of her son.The post Take over investigation of my slain sons case, woman begs IG appeared first on Vanguard News. 
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NEW ROAD MAP: FG, IOCs earmark N2trn for 457 projects in N'Delta
Mon, 31 Jul 2017
MONTHS after the Acting President, Prof Yemi Osinbajo's fact-finding tour of Niger-Delta, the Federal Government has come up with a two-year Strategic Implementation Work Plan, SWIP, involving the execution of 457 short, medium and long-term projects, to the tune of N2,065,140,035,959, across the nine states of the region, starting from this year.The post NEW ROAD MAP: FG, IOCs earmark N2trn for 457 projects in N'Delta appeared first on Vanguard News. 
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GTBank celebrates 10th anniversary of LSE listing
Mon, 31 Jul 2017
Guaranty Trust Bank Plc, is celebrating the 10th anniversary of its listing on the London Stock Exchange, LSE, whereby the bank became the first Nigerian bank to be listed on the LSE, the first to dual list on an international exchange and the first Nigerian company to raise international capital using listed Global Depositary Receipts.The post GTBank celebrates 10th anniversary of LSE listing appeared first on Vanguard News. 
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Doctor Ikubese set to battle Buhari over Nigeria's Presidency in 2019
Mon, 31 Jul 2017
A doctor, Dr. Thomas-Wilson Ikubese, has declared he would vie for Nigeria's presidency come 2019, maintaining that his is a revolution by ballot to make Nigeria the promised land that it ought to be. Dr. Ikubese said he is coming to save Nigeria especially because countries in the same league of 'developing nations'with Nigeria have all left us and turned to developed countries while Nigeria is still wallowing even backwards below 'developing nations.'The post Doctor Ik 
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Shocker: CNN mocks Nigeria over Buhari's continued absence in country
Mon, 31 Jul 2017
The United States television medium, Cable News Network, CNN, has mocked Nigeria in its latest edition of 'The Global Public Square (GPS)', a foreign affairs show anchored on CNN by Fareed Zakaria.The post Shocker: CNN mocks Nigeria over Buhari's continued absence in country appeared first on Vanguard News. 
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IPOB storms church, tells Obiano no election in Anambra we want referendum
Mon, 31 Jul 2017
THE insistence by members of the Indigenous People of Biafra, IPOB, that there would be no election in Anambra State in November this year, took a dangerous dimension yesterday with some youths suspected to be members of IPOB storming St. Joseph's Catholic Church, Ekwulobia in Aguata local government area, where Governor Willie Obiano was worshipping and tried to disrupt the service.The post IPOB storms church, tells Obiano no election in Anambra we want referendum appeared first on Vanguar 
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Senator offers scholarship to 880 students
Mon, 31 Jul 2017
The Vice Chairman, Senate Committee on Federal Capital Territory (FCT), Sen. Mohammed Hassan has offered scholarship to 880 students from his constituency.The post Senator offers scholarship to 880 students appeared first on Vanguard News. 
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Amaechi's reckless blackmail will fail, says Wike
Mon, 31 Jul 2017
The Rivers State Governor Nyesom Ezenwo Wike has said that the Minister of Transportation and Former Rivers State Governor, Rotimi Amaechi reckless blackmail will fail.The post Amaechis reckless blackmail will fail, says Wike appeared first on Vanguard News. 
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Kaduna NUJ invasion attempt to kill me, others; says Shehu Sani
Mon, 31 Jul 2017
Senators Shehu Sani has said that the invasion of the Kaduna NUJ secretariat by sponsored armed thugs during our press conference was an attempt to kill him and other.The post Kaduna NUJ invasion attempt to kill me, others; says Shehu Sani appeared first on Vanguard News. 
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Attack on Atiku over restructuring: You got it wrong, Senator Murray-Bruce tells Yakassai
Mon, 31 Jul 2017
Senator representing Bayelsa East district, Senator Ben Murray-Bruce has urged the elder statesman and former Special Adviser to Second Republic President Shehu Shagari, Alhaji Tanko Yakassai, to be properly guided on his stance on restructuring which he used as basis to attack the former Vice President of Nigeria, Atiku Abubakar, saying that Alhaji Yakassai got it all wrong.The post Attack on Atiku over restructuring: You got it wrong, Senator Murray-Bruce tells Yakassai appeared first on Vangu 
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Lagos deputy speaker sues Banire over forgery
Mon, 31 Jul 2017
Asks Court To Remove Him As APC Legal Adviser For Anti-Party Activities, Breach Of Constitution Deputy Speaker of Lagos State House of Assembly, Hon. Wasiu Eshilokun Sanni has dragged the National Legal Adviser of All Progressives Congress (APC), Mr Muiz Banire before a Lagos High Court in Ikeja over forgery of his purported withdrawal letterRead MoreThe post Lagos deputy speaker sues Banire over forgery appeared first on Vanguard News. 
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Wike now brags he has CJN Onnoghen, Judiciary in his pocket ' Amaechi
Mon, 31 Jul 2017
The Immediate past Governor of Rivers state and current Minister of Transportation, Rt. Hon. Chibuike Rotimi Amaechi, has said that the current Rivers state Governor, Nyesom Wike once threatened President Muhammadu Buhari's administration 'with fire and brimstone...' and now brags to his cronies that he has the Chief Justice of Nigeria, Justice Walter Onnoghen, and the entire judiciary in his pocket whereupon he can manipulate any judgement against him (Amaechi).The post Wike now 
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755 US diplomats must leave Russia, says Vladimir Putin
Mon, 31 Jul 2017
President Vladimir Putin said 755 US diplomats must leave Russia and warned ties with Washington could be gridlocked for a long time, in a move Sunday that followed tough new American sanctions.The post 755 US diplomats must leave Russia, says Vladimir Putin appeared first on Vanguard News. 
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I can't be replaced as President, I'm not dying nor going anywhere ' Mugabe
Mon, 31 Jul 2017
President Robert Mugabe of Zimbabwe, on Saturday, said he was not stepping down nor dying and that there was no one with his political stature who could immediately take over from him.The post I cant be replaced as President, Im not dying nor going anywhere Mugabe appeared first on Vanguard News. 
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Katsina to establish refinery ' Commissioner
Mon, 31 Jul 2017
Katsina State Commissioner of Commerce, Industry and Tourism, Alhaji Abubakar Yusuf has on Sunday disclosed plans by the Governor Aminu Bello Masari's led administration to establish a refinery in the state.The post Katsina to establish refinery Commissioner appeared first on Vanguard News. 
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Insurance brokers neglect small businesses for big ticket transactions'IBN Insurance boss
Mon, 31 Jul 2017
THE general notion is that insurance brokers are too many, do you agree with that'It is wrong to say that brokers are too many. In the business of insurance, there are too many structures. There are the heavy industries like the Dangotes and the oil companies as well as the small businesses that supply to the heavy industries.The post Insurance brokers neglect small businesses for big ticket transactions'IBN Insurance boss appeared first on Vanguard News. 
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Furore over conversion of dollar debts to equitye
Mon, 31 Jul 2017
THE emerging trend where some quoted companies have planned to offset their dollar denominated loans through equity conversion is raising dust among minority investors in the capital market.The post Furore over conversion of dollar debts to equitye appeared first on Vanguard News. 
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We shall launch our surveillance model for all exchanges soon ' SEC DG
Mon, 31 Jul 2017
SINCE the expiration of tenure of SEC commissioners, nothing has been said. When is SEC Board going to constituted'We don't have power to constitute the Board, but I believe the relevant authorities and the honourable minister and relevant officers are aware that commissioners are on the Board. It is not only SEC, but other institutions that have a Board also. My colleagues have been very supportive, the directors; executive directors, particularly,the heads of departments have been ex 
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Domestic retail investors' return driven by upbeat in economy ' CEO, Solid Rock Securities
Mon, 31 Jul 2017
DATA released on domestic and foreign portfolio participation on the Nigerian Stock Exchange for the month of June, showed significant improvement in the composition of domestic retail investors. What could be the reason for the renewed interest among them'There are a number of factors that have happened in the market that have actually tended to show that the economy is on the path of recovery. Number one is that the government has come up with the Economic Recovery and Growth Plan, ERGP, 
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NAICOM advocates reinvention of insurance professional bodys
Mon, 31 Jul 2017
COMMISSIONER for Insurance and Chief Executive Officer of the National Insurance Commission, NAICOM, Mohammed Kari, has called on the leadership of the Chartered Insurance Institute of Nigeria (CIIN) to reinvent the professional body and update its curriculum so as to adopt contemporary best practices for the overall benefit of the profession Kari who stated this at the investiture ceremony of Mrs. Funmi Babington-Ashaye as the 48th President of the CIIN in Lagos said that there is obvious need 
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Staco targets more insurance market using micro-insurance
Mon, 31 Jul 2017
CHIEF Executive Officer of Staco Insurance Plc, Dr. Sakiru Oyefeso, has said that the company is poised to capture a better share of the insurance market and create more value for its stakeholders using micro insurance concept as the growth driver. The post Staco targets more insurance market using micro-insurance appeared first on Vanguard News. 
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Access Bank upgrades mobile banking app
Mon, 31 Jul 2017
ACCESS Bank has refreshed its mobile banking app with a set of new and exciting features. These additional features allow customers perform multiple functions including quick airtime top-up and funds transfer without signing on to the app.The post Access Bank upgrades mobile banking app appeared first on Vanguard News. 
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Stop spreading discontent against industry regulations, NAICOM cautions operators
Mon, 31 Jul 2017
NATIONAL Insurance Commission (NAICOM) has cautioned insurance operators from generalising and publicising personal discontent with industry regulations.Commissioner for Insurance, Alhaji Mohammed Kari gave this warning at the concluding session of the insurance conferencThe post Stop spreading discontent against industry regulations, NAICOM cautions operators appeared first on Vanguard News. 
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Unilever Nigeria Plc: Impressive results amidst controversial capital raise
Mon, 31 Jul 2017
LAST weekend, Unilever Nigeria Plc, one of the oldest conglomerates in Nigeria rolled out an impressive second quarter 2017 (Q2 '17) result showing revenue growth of 58 per cent and a jump in net profit by a massive 3873 per cent Year-on-Year (YoY).However, a quarter-on-quarter (QoQ) review shows a moderate growth rate in revenue at 3.4 per cent while net profit increased by 29.4 per cent. But both the revenue of N22.9 billion and net profit of N2.1 billion were ahead of most analysts 
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Lafarge Africa Plc: Ridding on tax write-back to profit
Mon, 31 Jul 2017
WE begin a review of First Half 2017 (H1'17) corporate scorecards with some form of spotlights on some select companies.Lafarge Africa Plc which announced a second quarter 2017 (Q2'17) result last week, has excited investors amidst its controversial recapitalisation program. Revenue grew by 33.8 per cent Year-on-Year (YoY) while net profit was N14.57 billion, moving sharply from a loss of N28.37 billion same period of last year. Compared to Q1'17, however, revenue and profit befor 
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Insurance industry records 12 acquisitions in 3yrs' NAICOM
Mon, 31 Jul 2017
NATIONAL Insurance Commission (NAICOM) said that 12 insurance companies were acquired in the last three years.Commissioner for Insurance, Alhaji Mohammed Kari, who made the disclosure in Abuja, said that there were three foreign acquisitions in 2014, two in 2015, five in 2016 while talks to acquire two companies are now in progress.The post Insurance industry records 12 acquisitions in 3yrs' NAICOM appeared first on Vanguard News. 
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Fidelity Bank pioneers self-service feedback system for *770#
Mon, 31 Jul 2017
FIDELITY Bank Plc has again demonstrated its desire to continuously improve on customer service with the introduction of a personalized self-service feedback system on its flagship Instant Banking Product *770#. This pioneering initiative, which is the first of its kind in the Nigerian banking industry, will take customer service a notch higher.The post Fidelity Bank pioneers self-service feedback system for *770# appeared first on Vanguard News. 
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Stanbic IBTC Bank targets HNIs with exclusive service
Mon, 31 Jul 2017
STANBIC IBTC Bank has launched a fresh customer value proposition targeted at high net worth individuals who desire an exclusive and differentiated banking service experience.The post Stanbic IBTC Bank targets HNIs with exclusive service appeared first on Vanguard News. 
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H1: Diamond Bank's asset base hit N2tr as profit rises by 2.8%
Mon, 31 Jul 2017
DIAMOND Bank Plc has achieved asset base of N2 trillion in the first half, H1 of 2017, while its profitability rose by 2.8 per cent during the period.The bank disclosed this in its H1 2017 financial results released on the floor of the Nigerian Stock Exchange (NSE) in Lagos. The post H1: Diamond Bank's asset base hit N2tr as profit rises by 2.8% appeared first on Vanguard News. 
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N967bn inflow to revive interbank market liquidity
Mon, 31 Jul 2017
THE interbank money market will this week receive liquidity boost of N966 billion inflow from statutory allocation funds and payment of matured treasury bills (TBs). The expected inflow will revive market liquidity, which fell drastically last week by 92 per cent to N12 billion on Friday from N177.48 billion on Monday.The post N967bn inflow to revive interbank market liquidity appeared first on Vanguard News. 
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The changing face of Bauchi
Mon, 31 Jul 2017
It is just a matter of time before Bauchi becomes the economic and developmental hub of the sub-Saharan regionThe post The changing face of Bauchi appeared first on Vanguard News. 
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Eliminating terrorism in Nigeria and the Qatar example
Mon, 31 Jul 2017
Terrorism is a global tormentor. It is now the world's biggest affliction, with most countries trapped in its quagmire completely helpless. In the Middle East and parts of North Africa where terrorism has a solid base, rages and spread tentacles to other parts of the globe, its being hell on earth on how to extinguish the fury of terrorism. The post Eliminating terrorism in Nigeria and the Qatar example appeared first on Vanguard News. 
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Constitutional amendment: The four critical clauses that failed in the senate
Mon, 31 Jul 2017
Described as a groundbreaking and historic parliamentary exercise, the constitution alteration vote that was conducted by the 8th Senate on July 26 is a clear reflection of the political situation that is currently at play in the nation.The post Constitutional amendment: The four critical clauses that failed in the senate appeared first on Vanguard News. 
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