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15 companies flout NSE’s financial reporting requirements

MORE companies quoted on the Nigerian Stock Exchange, NSE, flouted the post listing requirement of the Exchange as fifteen of them across the sub-sectors missed regulatory filling of their results to the Exchange in 2016 as against three in the financial year 2015.

BoI dragged to court over Lord Rumens’ N5.6bn Estate

THE children of a Lagos socialite, late Chief Olatunji Ajisomo Alabi, a.k.a, Lord Rumens, have filed a suit against the Bank of Industry Investment and Trust Company Ltd before a Lagos State High Court, over alleged mismanagement of their father’s N5.6billion estate. The children who are Babatunde, Oladipo, Subuola, Awojuola, Rukayat, Olukemi and Adeola Alabi, had on May 9, 2017 filed a suit before the court stating that their late father appointed BoI Investment and Trust Company Ltd as trustees of his estate in his will dated July 30, 1996.

Salutary Executive Orders

A watershed in transforming the workings of government was reached on Thursday, May 18, 2017, when the Acting President, Professor Yemi Osinbajo, signed three executive orders with the combined aim of promoting the ease of doing business.

Investigate death of late Kano INEC REC, Group tells IGP

The Inspector General Police, Ibrahim Idris has been urged to order investigation into the death of late Kano Resident Electoral Commissioner of INEC, Alhaji Munkaila Abdullahi who died with his wife and two daughters in a fire outbreak widely considered ‘strange’, ‘suspicious’ and ‘mysterious’ in 3rd April 2015.

CBN to mop up N1.2trn in 12 weeks

THE Central Bank of Nigeria (CBN) will, this week, commence plans to mop up N1.23 trillion in the next 12 weeks. The apex bank disclosed this through its third quarterly Treasury Bills Issuance programme released on Friday.

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