New trading platform: NSE suspends bonus, dividend payment

Quoted companies on the Nigerian Stock Exchange, NSE, will not be allowed to announce fresh dividend payment, bonuses or engage in mergers in the next three weeks. According to a notice obtained from the NSE’s website, there will also not be market actions like splits, rights issues and listing.
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Mall Attack: FG to offer assistance to Kenya

President Goodluck Jonathan on Sunday in Abuja said Nigeria would give support and render assistance to Kenya in its efforts to curtail the scourge of terrorism.

Airtel named most Innovative telecoms operator

Leading Telecoms services provider, Airtel Nigeria, has been named the Most Innovative Telecoms Operator in Nigeria at an Industry Award’s event that attracted regulators, telecoms pundits, top politicians and seasoned journalists.

CRFFN refutes NCMDLCA’s claim

THE Council for Registered Freight Forwarders of Nigeria, CRFFN, refuting the claims by the President of National Council of Managing Directors of Licensed Customs Agents, NCMDLCA, that CRFFN are transporters, and should be asked to quit the premises of Nigerin ports Authorit, NPA.

Merkel wins absolute majority in Germany

Chancellor Angela Merkel clinched a surprise absolute majority in her winning bid for a third term in German elections Sunday, estimates on public television indicated.

Boy, 13, has no reproductive organs

SINCE he was born March5, 2000, 13-year-old Uchenna Ekezie has lived with a genital deformity. He was born with what is described in medical parlance as maldeveloped external genitalia. In lay terms, he has no visible external male reproductive organs whatsoever. All he has to show is a rudimentary stump that is less than an inch long.

Insurance sector can enhance economic growth — NAICOM

The National Insurance Commission, NAICOM, has said that the country is much likely to attain a sustained economic growth and development if it can adapt its insurance industry with innovative ways that will bring on board the generality of the country’s population.

Kenya troops hunt Somali militants in mall siege

Kenyan troops have launched an assault on cornered Somali militants holding hostages inside a Nairobi shopping mall to end a deadly siege, the government crisis team said Sunday.

Stakeholders move to form mortgage asset registry

Stakeholders in the Nigerian mortgage finance sector comprising operators, supervisory, and regulatory organs as well as key government officials have commenced moves to create an integrated web-based central mortgage asset registry system that will reveal properties on which loans have been obtained.

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