Ogun State, Nigeria, World News & Stories
10 posts.
The Securities and Exchange Commission (SEC) has warned quoted companies and capital market registrars to desist from selective payments and distribution of dividends. Director-General, Securities and Exchange Commission (SEC) Mr Lamido Yuguda stated this at the 10th annual conference of the Institute of Capital Market Registrar’s (ICMR) with the theme ‘Reinventing the Nigerian Capital Market…
The adoption of Basel 111 would strengthen Nigerian banks’ stressed capital level, improve capital quality (as risk levels are reduced with the exposure restriction) and maintain a strong liquidity position, says an investment banking and research group Afrinvest (West) Africa Ltd. The company in its newly released report on Nigerian banking sector stated that after…
The central bank of China said yesterday, Thursday that it has signed a currency swap agreement with its Nigerian counterpart. A statement by Nigerian’s CBN image maker, Mr. Isaac Okoroafor, corroborated this. Mr. Okoroafor in the statement said that the agreement was a culmination of over two years of painstaking negotiations by both banks. Also,…
Vice President Yemi Osinbajo on Tuesday in Davos, Switzerland, said that the country was ready to partner international investors and friendly nations to develop Nigeria’s manufacturing sector. Osinbajo said this in a statement by his Special Senior Assistant on Media, Laolu Akande, in Abuja. Pay Attention. Read: Why I stand with Buhari By FEMI ADESINA Osinbajo…
The Senator Ibikunle Amosun lead Ogun State Government says it is targeting over N3bn additional revenue from the informal sector of the state economy as it enlists about one million residents from the sector into the tax net. Chairman of the State Internal Revenue Service, Mr. Kunle Adeosun, made this disclosure during an interview with…
Dollar and other foreign currencies speculators have abandoned their positions with huge losses in the neighbourhood of N45 billion. This is according to a report by Economy Editor of Vanguard, Emeka Anaeto. According to him in the said report, ” wave of political pressures may have forced the emergence of a new order in the…
Written by Karderinis Isidoros. The referendum of June 23, 2016 regarding Britain’s remain at or exit from the European Union, through its subversive BREXIT result – the first major, painful defeat for the under German control European Union of the banks and multinationals,- undoubtedly shook the dominant British and European political and economical system. The British,…
Ogun State Government penultimate week paid over N300m compensation to groups whose land was acquired for developmental purposes at Areke village in Sagamu Local Government Area of the state. At the cheques presentation ceremony at the Bureau of Lands and Survey’ office in Abeokuta, Mr. Michael Adewale, the Head, Acquisition and Compensation of the bureau,…
The ruling party in Nigeria, the All Progressives Congress (APC), has given out a list containing instances of mass looting of funds in Nigeria under the administration of President Goodluck Jonathan to journalist earlier today, saying nothing short of a total recovery will be acceptable to all patriotic Nigerians. APC, now the main party in…
Nigeria commercial Banks and discount houses operating in the country will this week publish the names of about 1600 customers whose loans have become non-performing reports The Punch. According to the Paper, this follows the expiration of the July 31, 2015 deadline set by the Central Bank of Nigeria for banks and discount houses to…
