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Stock market continues to bleed as 25 equities record price losses

THE bearish trend in the stock market continued unabated last week as 25 quoted companies witnessed different degrees of price losses, thereby resulting in decrease in investors’ wealth by N61 billion.

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Why electricity sector is challenged now – Eko Disco boss

When we signed the performance agreement, it was signed by BPE on behalf of the Federal Government. The basic thing, although they are so many, during the first five years is to first reduce aggregate technical commercial and collection (ATC& C) lost trajectory, then to meter all customers, to improve services to customers, to ensure that all our networks are in good shape within the five years, that’s on our side.

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Mobile payments will soon dominate epayment – Ecobank

The statistics though still high shows a reduction in ATM withdrawals from 2015, the truth is that this initiative will not change consumer behaviour overnight. It is a process. 15 years ago, ATMs or debit cards were not even in use but today they have become a way of life. We project a steady growth in the migration to alternative channels as they become more stable and reliable with new technology.

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Why Insurance stocks should trade below 50kobo per share – Foresight Securities

There are reasons that will make investors to invest. They are looking for certain things; may be dividend, capital appreciation or just prestige that ‘yes, I owe shares in this company’. Now, they are not seeing dividend. There is no motivating factor compelling them to invest in these shares and the companies themselves are not even telling the investing public what is happening to them.

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Skye Bank customers complain over disrespectful staff, failed money transfers

It is better for you to be checking your workers regularly. They have to respect customers. Sorry I’ll not mention names but please keep eyes on workers in Jimeta branch. They have to be disciplined. But not all of them, there is a woman in customer care, fair, tall. She listens to all kinds of people in a polite way and solves their problem. Please you can take a good care of that woman she knows her job.

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IEI shareholders petition House of Reps over audit report, questionable loans

SHAREHOLDERS of International Energy Insurance, IEI, Plc have petitioned the House of Representatives over the failure of the interim Board and management team appointed by the National Insurance Commission, NAICOM, in 2015 to audit the company’s 2012, 2013, 2014 and 2015 accounts to publish and implement the audit report before conducting an Annual General Meeting, AGM.

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