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Chinelo Anohu-Amazu: The travail of a pension amazon

By EMEKA EJERE The sudden removal recently of Mrs. Chinelo Anohu-Amazu, from the top job of the National Pension Commission (PenCom), came as a surprise to many Nigerians. Her replacement with Mr. Funsho Doherty, a south-westerner in utter violation of the pension reform act further raised even more dust, with many calling for either her reinstatement More...

| Published 23 hours ago
By Vera Olubi On Wednesday, June 21st, 2017
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FBN Holdco to make N30bn provision in 2017,  lowers risk appetite

FELIX OLOYEDE As part of its drive to revert to single digit Non-performing loan by 2019, FBN Holdings has decided to make N5billion impairment provision in each quarter and to ensure increase in its loan recovery. Speaking More...

By Vera Olubi On Wednesday, June 21st, 2017
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Market resurgence rekindles hope for economy

.      Indicators point to early end to recession By OKEY ONYENWEAKU A few months ago, financial experts could hardly say anything good about the capital market. There was gloom, despondency and disappointment More...

By Vera Olubi On Wednesday, June 21st, 2017
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UBA’s $500m Eurobond oversubscribed by 240%

.         It’s further validation of UBA’s Pan-African growth strategy –  Uzoka OKEY ONYENWEAKU In what appears to be another milestone, the United Bank for Africa (UBA) has dazzled investors More...

By Vera Olubi On Wednesday, June 21st, 2017
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NPA buckles under NDLEA pressure

…retraces decision to evict anti-drug czar from ports FUNSHO OLOJO The Nigerian Ports Authority (NPA) seemed to have retraced its earlier step to shut out the Nigerian Drug Law Enforcement Agency (NDLEA) More...

By Vera Olubi On Monday, June 19th, 2017
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Ambode’s Magic

.           The man who no one gave a chance transforms Lagos into Africa’s biggest power state  “A very creative, passionate and committed manager of men and materials. For him, nothing is impossible More...

By Vera Olubi On Monday, June 19th, 2017
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Red flags to look for before investing in another person’s venture

Making a minority investment in a privately-held company is risky, but it could be done successfully. But if you are not careful while making the decision to put your money in other people’s businesses, you could More...

By Vera Olubi On Monday, June 19th, 2017
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(Investor Section) How to sell your rights

With the rebounding of the Nigerian equities market, many quoted companies are beginning to raise fresh capitals through right offers. Aware of the fact that raising funds through public offers would dilute the More...

By Vera Olubi On Monday, June 19th, 2017
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(Interview) First Bank: The elephant begins to dance

When IBM’s erstwhile chief executive officer, Louis Gerstner, asked whether elephants could dance he may well have been referring to First Bank of Nigeria Plc, which saw its earnings per share plummet by 83 per More...

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