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Fiscal Commission to partner NGOs on budget

The Fiscal Responsibility Commission is to collabo rate with the Centre for Social Justice to enhance fiscal transparency and effective budget monitoring This was the outcome of the meeting held between the Fiscal Responsibility Commission led by the Chairman, Alhaji (Dr.) Aliyu Jibril Yelwa and the Centre for Social Justice led by its Lead Director, Eze Onyekpere on Wednesday at the Commission’s headquarters.

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Resort Savings & Loans Plc set for listing at Nigerian Stock Exchange

Resort Savings and Loans Plc, one of the forefront primary mortgage institutions (PMIs) in the country has concluded plans for listing at the Nigerian Stock Exchange. Making this known at the Extra-ordinary General Meeting of the company at the weekend, Mr. Joe Idudu, chairman, board of directors of the PMI noted that the listing of the company’s shares at the Nigerian Stock Exchange will guarantee investors a steady window of opportunity to trade in the shares by buying new shares of the mortgage bank on the floor of the capital market.

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Insurers write N164bn premium in 2008

Underwriters trade group, Nigerian Insurers Association has announced a record total gross premium income of about N164.5 billion during the 2008 operations period of member-companies. The same period saw insurers paying N53.3 billion in claims to policyholders across the country.

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OPS sets agenda for Sanusi Lamido Sanusi, CBN

By OMOH GABRIEL Business Editor THE orgainsed private sector  weekend spoke of their expectation of the new CBN governor, Sanusi Lamido Sanusi. In a statement signed by its president, Asiwaju Solomon Kayode Onafowokan, the body of business men based in Lagos wanted the new CBN governor to pay particular attention to the following areas in
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Nigeria’s tax laws need modification

Mr. Abimbola Odunsanya is the chairman, Lagos chapter of the Chartered Institute of Taxation of Nigeria, a tax practitioner and financial analyst. In this interview, he speaks on how an effective tax system can become an alternative revenue earner for the government and help drive the country’s economy especially with the dwindling fortune of the oil price

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Global economic meltdown: Issues that would reposition the Nigerian capital market— Idika Kalu

Dr. Kalu Idika Kalu, Chairman, BGL Group and Former Honourable Minister of Finance, in this piece stated the causes and effects of the current global economic meltdown that started in the US in the middle of 2007 and through 2008 and has continued unabated and spread to Europe and other parts of the world which Nigeria is not in exception.

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