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The place of minority investors in capital market operation

The place of minority investors in capital market operation

As regards the formation of shareholders’ associations, there are defined requirements by the regulator that guide the process. But today what we see is a different thing entirely; because today you now see many so- called shareholders’ associations that are there in the market working as if they are recognized by the Act that set up such associations.

Sales of refineries: FG to negotiate with labour, stakeholders

Sales of refineries: FG to negotiate with labour, stakeholders

The Minister of Petroleum Resources, Mrs. Diezani Alision-Madueke has said the government was ready to discuss and negotiate with organised labour in the sector with a view to ensuring smooth sail of the privatisation of the nation’s four refineries.

N4.7bn fraud:  Babalakin, others challenge court’s jurisdiction

N4.7bn fraud: Babalakin, others challenge court’s jurisdiction

LAGOS — Dr. Wale Babalakin, Chairman of Bi‑Courtney Limited, yesterday, challenged the legality of the criminal offence of fraud bordering on illegal transfer of N4.7 billion preferred against him and four others by the Economic and Financial Crimes Commission, EFCC, before an Ikeja High Court.

Oshiomhole presents 2014 appropriation bill

Oshiomhole presents 2014 appropriation bill

BENIN—EDO State governor, Mr. Adams Oshiomhole, will today, present the 2014 appropriation bill to the state House of Assembly for consideration and approval.

Oba’s intervention ends Edo workers’ strike

Oba’s intervention ends Edo workers’ strike

FOLLOWING the intervention of the Benin monarch, Oba Erediauwa, the striking members of Nigeria Labour Congress, NLC, in Edo State, yesterday, called off their strike and gave the state government till the end of January, 2014 to meet their demands.