Business

2027 Budget: FG moves to produce implementable Finance Bill

2027 Budget: FG moves to produce implementable Finance Bill

By Emma Ujah, Abuja Bureau Chief The Federal Government (FG) has commenced preparations for the 2027 budget with the inauguration of a subcommittee to review existing fiscal and tax reforms and develop an implementable Finance Bill. The Subcommittee on Fiscal Policy and Tax Reforms was inaugurated yesterday in Abuja by the Minister of Finance and […]
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Our product makes a difference — Toyin Nwaokolo

Our product makes a difference — Toyin Nwaokolo

Being your own boss might be made to look easy when you are on the outside looking in, but it is not as easy as it may seem. Like a lot of other business women, Mrs Toyin Nwaokolo is one of those women who are set to beat the odds when it comes to her business. Determination to succeed where others might have failedhas made her stand firm in her business even when the economy dictates otherwise. In her chat with Vanguard, she tells more.

Suspension of audit c’ttee rule:  “Shareholders not carried along”

Suspension of audit c’ttee rule: “Shareholders not carried along”

THE Securities and Exchange Commission, SEC approved the suspension of Rule 42 (5)(e) of the Consolidated Rules and Regulations of the Commission for 90 days, effective February 25, 2015. The suspended rule provides: “Membership of an Audit Committee shall be for a term of three (3) years, subject to good performance; Provided, that such Member shall not be eligible for re-election until the expiration of three (3) years after his previous term”. In this interview with Alhaji Gbadebo Olatokunbo, shareholder activist, he said the regulators should listen more to the shareholders.

Crude swap deal: Senate committee clears PPMC

Crude swap deal: Senate committee clears PPMC

The Senate Committee on Drugs, Narcotics, Financial Crimes and Anti-Corruption has apologised to the Pipeline Products and Marketing Company, PPMC, for misrepresentations over its involvement in crude oil swap arrangement and exonerated the company from any allegation of fraud.

DPR chides tank farm operators for compromising safety

DPR chides tank farm operators for compromising safety

Director, Department of Petroleum Resources, DPR, Mr. George Osahon, last week took a swipe at the operators and managers of petroleum tank farms and depots in Akwa-Ibom and Cross River states for allegedly compromising prescribed standards in their operations.

Top 10 performing stocks

Top 10 performing stocks

On the top performing stocks last week were the shares of May & Baker Nigeria Plc, UBA Capital Plc, Cadbury Nigeria Plc, NPF Microfinance Bank Plc, Fidelity Bank Plc and Cutix Plc. Others were International Energy Insurance Company, IEI Plc, FCMB Group Plc, Transnational Incorporation of Nigeria (Transcorp) Plc and Caverton Offshore Support Group Plc.