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All posts tagged "securities and exchange commission"

  • Osun state issues islamic bond to investors

    Osun State has taken a major step towards developing an Islamic finance industry in Nigeria by offering the country’s first Islamic bond to investors. The issue makes Nigeria the first big economy in sub-Saharan Africa to market...

    • Posted September 24, 2013
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  • Insurance critical to economic transformation – Oteh

    Director General of Securities and Exchange Commission (SEC) Ms. Arunma Oteh, on Tuesday in Abuja, stressed the importance of micro insurance to transforming the Nigerian economy. Speaking at the International micro insurance conference organised by National Insurance Commission...

    • Posted September 13, 2013
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  • Sterling Bank’s N12.5b rights issue opens

    APPLICATION list for the N12.5 billion rights issue of Sterling Bank Plc opens today, paving the way for existing shareholders to increase their shareholdings in the high-return bank. The opening of application list followed the completion of...

    • Posted June 24, 2013
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  • Alleged irregularities in Police Micro Finance bank exposed

    THERE are indications that trouble is currently brewing at the headquarters of the Nigeria Police Force Micro Finance Bank, Obalende, Lagos, following the discovery of alleged irregularities in the administrative running of the bank by some directors. ...

    • Posted June 5, 2013
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  • We won’t allow foreign investors to control 80% of GlaxoSmithKline – Igwe

    I want to talk about the takeover of GSK (GlaxoSmithkline), which foreign investors are trying to corner by taking up to about 80 per cent of the shares issued  capital, thereby taking over the company. They made...

    • Posted May 28, 2013
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  • Nigeria will become gateway to African capital markets – Dangote

    Alhaji Aliko Dangote, the President, Nigerian Stock Exchange (NSE), says Nigeria will soon be the gateway to African capital markets. Dangote made the forecast at the 52nd Annual General Meeting (AGM) of the NSE on Friday in...

    • Posted May 5, 2013
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  • 2013 Budget: President to send an amendment bill to NASS soon

    President Goodluck Jonathan will eventually send to the National Assembly, a proposal to amend the 2013 budget, in which fiscal deficit has been projected to improve to about 1.85 percent of Gross Domestic Product, as against 2.85%...

    • Posted March 9, 2013
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