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SEC pursues listing, plans further stratification of stock market


The Securities and Exchange Commission, SEC, has said that plans are under-way to further stratify the stock market to allow more Small and Medium scale Enterprises, SMEs, that were hitherto not listed on the Nigerian Stock Exchange, NSE, to access the market.

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Axa Mansard Pensions maintains top position on returns on investment

Management of Axa Mansard Pensions Limited has said that the company has maintained a top five industry position on returns on investment in the last four years as at December 2014. Assistant General Manager, Business Development, Naomi Aduku who stated this during a media parley at the company’s office in Lagos, noted that the mission of the company is to achieve optimum return on invested funds while ensuring safety of both returns and contributions for the ultimate benefit of contributors.

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Lagos unveils housing policies for low income earners

Lack of affordable housing affects particularly the low income citizens as they pay a disproportionate share of income for housing or live in inadequate housing that is cut-off from employment and access to health and other social services”, according to Lagos state Commissioner for Housing, Prince Gbolahan Lawal at a press conference at the weekend to announce the formal launch of the Rent-to-Own/Rental Housing policies of state billed for this Thursday.

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Model of a house in Maccido Royal Estate, Abuja

UPDC boosts housing delivery in Lagos with 198 unit apartments

When UACN Property Development Company, UPDC Plc acquired the former Durbar Hotel, Festac, Lagos in 2002 under the privatisation programme of the Federal Government, the company’s objective according to the Managing Director of UPDC Plc, Mr. Hakeem Ogunniran, was to turn the abandoned hotel and its premises into a tourist destination that will reshape the entire landscape of Amuwo-Odofin, Lagos.

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Engr Lamu Audu

Gencos are choking – Mainstream MD, Engr Audu

The nation’s power sector privatisation, is in jeopardy, with a looming major power crisis as investors have threatened to shut power generation plants over unpaid invoices. The Managing Director (MD) of Mainstream Energy Solutions Limited , Engr. Lamu Audu, told journalists after a facility visit to Jebba and Kainji Hydro Power Plants that his company was being owed N44 billion for energy produced and consumed.

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Children affected by poverty

The entrepreneurial revolution and poverty alleviation

The economic hardship in Nigeria is unprecedented. Our solely dependence on oil has cost us economic recession. A new born baby knows that things are hard; recently a 7 year old boy was killed just for stealing Garri. Some families now eat twice a day, some once; many do not have what to eat. This hardship and poverty level demands a revolution in Entrepreneurship to bring succour to our dying economy.

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Market women with their wares...visible price increases

FG says committed to local content development

Meanwhile, the NNPC has reiterated its determination to maximise the participation of Nigerians in local projects to raise the bar of Nigerian content policy. Baru gave the assurance at the 11th Oil Industry Achievement award, organised by the Petroleum Technology Association of Nigeria (PETAN) in Lagos. The theme of the paper was: “Local Content Compliance in an Extended Low Price Environment.”

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