Movie: Liz Benson, veteran screen actress, returns

Veteran actress, Liz Benson who mesmerised movie viewers in its early days has staged a comeback in a new movie titled, “Busted’’ The movie was produced by Lisa Onu and Face Onu  would premiere on May 21, at the Oriental Hotel, Lagos It tells the love story of a gay couple also featured veterans like Kate Henshaw, Paul Obazele, TV host, IK Ogbonna and other new talented actors in the movie industry. Busted is the story of a girl, Queen Edwards who was born into a reputable home that the…

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Operators seek collaboration for market awareness

Some operators in the nation’s capital market have called on the Securities and Exchange Commission (SEC) and the Nigerian Stock Exchange (NSE) to collaborate with market operators for a better structured public awareness campaign that will deepen the market in 2017. The Managing Director/ Chief Executive Officer, Crane Securities Limited, Mr. Mike Eze, in a chat with New Telegraph, said that public apprehension of the capital markeåt would substantially be allayed with a better structured public awareness campaign to be jointly anchored by NSE, SEC and market operators for the…

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Building insurance gains traction from regulators, lawmakers

With regulators and lawmakers putting modalities in place to fully implement building insurance in the country, victims of subsequent disasters are set to get paid for losses. Sunday Ojeme reports     Effort by the Federal Government to ensure Nigerians embrace all aspects of Compulsory Insurances is gaining strength following insurance regulators and lawmakers’ synergy on public building insurance. The latest determination, which began two weeks ago with a meeting between the National Insurance Commission (NAICOM), Nigerian Insurers’ Association (NIA) and Federal Fire Service, was given another traction last week…

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Trump tax march: Thousands urge president to release finances

    Protests have been taking place in more than 150 locations across the United States to call on President Donald Trump to release his tax returns. Trump broke a long-held tradition by not releasing his paperwork during his presidential campaign. His critics want to know who he has been dealing with and if there are any conflicts of interest. At least 21 people were arrested in Berkeley, California, in clashes between Trump opponents and supporters. There is no law requiring presidents to release their tax returns, but Trump has…

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Ikoyi billions: Wike, CNPP accuse FG of plotting cover up

Nyesom Wike

Rivers State Governor, Nyesom Ezenwo Wike has described as unfortunate the desperation of the Federal Government to cover corruption simply because her principal financial sponsor is involved. Briefing Rivers Christian leaders on the development at the Government House, Port Harcourt on Saturday, Wike stated that the Rivers State Government is not interested in the prosecution of the immediate past Governor, Rotimi Amaechi, but simply seeking the return of funds belonging to the state. He said that the should the Federal Government return the stolen resources domiciled by the Former Governor…

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Taming the lions from the Villa

T Onwuka Nzeshi he mystical philosopher, Validivar wrote in his book, The Whisperings of Self: “There is no wound as deep as that of a ruptured ego and none that heals more slowly.” It has been many weeks full of drama. Our distinguished parliamentarians had very interesting encounters with men of power from the executive branch of the Federal Government. Two acolytes of President Muhammadu Buhari were special guests at the Red Chamber. One of them was the President’s nominee for the post of Chairman of the Economic and Financial…

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The wedding is off!

It’s been going on for years, maybe three, maybe more or less. Everybody expects the journey to culminate at the usual final bus stop. And true to people’s expectations it looks like the normal thing will definitely happen. The invitation cards are out, the wedding trousseau complete. She has made trips and trips to the fashion designers for fittings and more fittings. The cows have been paid for and a five-tiered cake ordered. His people have chosen their own ‘aso-ebi’ and so have the bride-to-be’s friends and family. The reception…

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Dangote Flour Mills returns to profitability, posts N12bn profit

    Dangote Flour Mills has posted a profit before tax of N11.82 billion for its financial year ended December 31, 2016. According to the results released on the floor of the Nigerian Stock Exchange (NSE), the company has returned to profitability after four years of losses. Review of the results indicated that the group’s operating profit went up to N16 billion compared to a loss of N8.6 billion posted at the preceding year. Profit after tax went up to N10.6 billion in contrast to a loss of N12.5 billion…

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Need for transparency in NSE’s demutualisation

With demutualisation of the Nigerian Stock Exchange (NSE) finally approved, there’s need for transparency in the implementation of the programme. Chris Ugwu writes In charting the course of actualising a world class market and also ensuring that enough time is allowed and due process followed, members of the NSE, after many years of consultations, recently consented to demutualisation of the Exchange. The approval will enable the local bourse to finally achieve its goal of converting from non-profit organisation to profit-making entity. The idea of demutualising NSE was mooted in 2001…

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