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Arms seizure raises concerns over proliferation of security agencies at ports

By FUNSO OLOJO The interception last Sunday by the Nigeria Customs Service of cache of high calibre arms made up of 661 units of brand new Tomado pump action rifles on the street of Lagos has once against raised serious concerns among the agitated industry stakeholders who have now renewed their calls for the review of the numbers of security agencies More...

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By Vera Olubi On Tuesday, February 21st, 2017
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Michael Ajayi: The bridge-builder bows out of NPA

FUNSO OLOJO “I am a Marxist-socialist who believes that a common man deserves a better life”. That is the philosophy which underpins the life and actions of Chief Micheal Kayode Ajayi, the retiring General Manager More...

By Vera Olubi On Monday, February 20th, 2017
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N4bn 7UP loss exposes rot in real sector

Okey Onyenweaku Seven up Plc, in a result that has kept investors shuddering, recently posted a mind-boggling N4.8b loss for the third quarter of the year 2016. The result, a total collapse from its 2015 third quarter More...

By Vera Olubi On Monday, February 20th, 2017
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Skye Bank crisis worsens

…customers, shareholders’ express anxiety Okey Onyenweaku Against the background of an implosion in the earnings of commercial banks in Nigeria, Skye Bank Plc has again grabbed headlines for unsavory reasons. More...

By Vera Olubi On Monday, February 6th, 2017
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First Bank leads four Nigerian banks in Top 500 Global Banking Brands

    First Bank of Nigeria Limited has been named as the most valuable banking brand in Nigeria in The Top 500 Banking Brands of The Banker magazine of the Financial Times  and Brand Finance, London, United More...

By Vera Olubi On Monday, February 6th, 2017
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N4bn loss: Guinness Nigeria faces more challenges

Okey Onyenweaku The once cheerful faces of shareholders of Guinness Nigeria Plc has suddenly turned gloomy as their company’s fortunes continues to fall into a never-ending hole. Unable to ride on the back of More...

By Vera Olubi On Monday, February 6th, 2017
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Forex crisis: $30bn loan in jeorpady

  Okey Onyenweaku Anxiety is beginning to cloud the possibility of international lenders to give Nigeria the $ 30 billion she needs to restructure her sagging economy. The Nation’s economy which slipped into More...

By Vera Olubi On Monday, January 30th, 2017
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Anxiety over Banks’ year end results

Okey Onyenweaku Anxiety has begun to drench the expectations of analysts and other stakeholders alike as they continue to fret over the release of year end 2016 results for banks listed on the Nigerian Stock Exchange More...

By Vera Olubi On Thursday, January 26th, 2017
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Prospects of market recovery bleak

  .           Stocks lose N4trn in 3 years; Blue chips shed 47% value Okey Onyenweaku Nine years after the melt down of global financial markets in 2008, the Nigerian stock market has taken a frightening More...


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