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Progressive Shareholders Association of Nigeria

Four banks pay N493.2 million fines in 2 years

Four commercial banks paid fines totalling N493.27 million in two years for contravening the Banks and Other Financial Institutions Act (BOFIA), thereby depleting the shareholders’ funds of the banks.

Economist urges National Assembly to appropriate more funds for infrastructure

An economist, Mr Boniface Ekezie, on Tuesday urged the National Assembly to appropriate more budgetary allocations for the nation’s infrastructure in order to accelerate growth in the economy.

Shareholders task acting SEC chief on market integrity

Shareholders on the Nigerian capital market on Wednesday urged the newly appointed Director-General of the Securities and Exchange Commission (SEC), Abdul Zubair, to step up measures aimed at safeguarding market integrity.

Economist suggests ways to check poverty

The Central Bank of Nigeria (CBN) should reduce the lending rate and take other steps to stimulate the economy, to reduce the suffering of the masses, an economist, Mr Boniface Ekezie, has said.

Capital market shareholders task SEC, NSE on penalties to boost new listing

Capital market shareholders on Saturday called on the Securities and Exchange Commission (SEC) and the Nigerian Stock Exchange (NSE) to review the penalties imposed on quoted companies to attract new listing.

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Philippines concerned about Chinese bombers in disputed South China Sea

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