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$9bn Damages: The Same Fool and His Money

$9bn Damages: The Same Fool and His Money

THE corporate name “Process and Industrial Developments Limited” (P&ID) was until lately, probably, only known to very few Nigerians in Public Service, and the oil and gas subsector.

Group faults Kanu, IPOB on attacks over igbo leaders

Group faults Kanu, IPOB on attacks over igbo leaders

The Igbo in Nigeria Movement (INM) has faulted the indigenous People of Biafra (IPOB) and its leader, Nnamdi Kanu for declaring attacks on Igbo leaders. The group labeled them enemies of the Igbo nation for clamping down on southeast leaders especially after the attack on former Senate President Ike Ekweremadu. The group said the recent […]

Recapitalisation’ll enhance corporate governance in MfBs — MD Advans MfB

Recapitalisation’ll enhance corporate governance in MfBs — MD Advans MfB

Obinna Ukachukwu is the Managing Director, Advans La Fayette, Microfinance Bank, MfB, which recently opened its first branch in Lagos. In this interview, he spoke on the necessity for recapitalisation in the MfB sub-sector and why it took Advans La Fayette MfB, seven years before it opened its first Lagos branch. He also shares his thoughts on the role of the NIRSAL MfB sponsored by the Bankers Committee.

Non-accreditation of courses: Eruwa Poly students threaten to sue management

Non-accreditation of courses: Eruwa Poly students threaten to sue management

Ola Ajayi – Ibadan ABOUT 1,000 students of the Adeseun Ogundoyin Polytechnic, Eruwa Oyo State have threatened court action against the management of the institution for their alleged non-accreditation of courses they studied in school. The aggrieved students accused the institution of admitting them when it (the institution) was aware that the courses they applied […]

Capital market can provide funds to bridge N3 trn infrastructure gap  — United Capital MD

Capital market can provide funds to bridge N3 trn infrastructure gap — United Capital MD

Managing Director, MD, Investment Banking at United Capital Plc, Babatunde Obaniyi in this interview speaks on fund raising from Nigerian capital market to finance infrastructure deficits , mergers and acquisitions to meet capital requirements of corporate entities, apathy for equities,  need for diversification to fixed income, instruments, power sector challenges,  among  other issues. Excerpts:

Regulatory fines will put banks on their toes – Adebayo

Regulatory fines will put banks on their toes – Adebayo

William Adebayo is the Coordinator of Greenwich Shareholders Association. In this interview, he spoke on some stock market issues as well as penalties on banks imposed by the Central Bank of Nigeria (CBN), saying that the fines will keep the bankers alive to their responsibilities.

SEC, NITDA plan standardised data for capital market transactions

SEC, NITDA plan standardised data for capital market transactions

The Securities and Exchange Information Technology Development Agency, NITDA has commenced move to develop a standardised form that would aid investors to get access to capital market data and information to facilitate their investment decisions in the country.