Posted on November 2, 2008 by Fortune&Class
Businessman extra ordinaire, Alhaji Aliko Dangote has engaged his lawyers to sue some media houses for maligning his name and putting him in bad light before the public.
Dangote’s determination to hit at these media houses under the soft sell genre is because he believes that the tilt of the story over his recent face-off with [...]
Filed under: Uncategorized | Tagged: aliko dangote, bad light, face-off, femi otedola, greek gift, media houses | Leave a Comment »
Posted on November 2, 2008 by Fortune&Class
When on 19 September, 2008 the media relations unit of Chevron Corporation USA circulated a press announcing that its subsidiary, Chevron Africa Holdings Limited had agree to sell Chevron Nigeria Holding to Corlay Global SA, the press release carried a caveat in compliance with the Cautionary Statement Relevant to Forward-Looking Information for the Purpose of [...]
Filed under: Uncategorized | Tagged: 19 percent, 19 September, 2008, 60 percent, africa petroleum chairman, ap, backs out, caltex, Cautionary Statement Relevant, chevron, Chevron Africa Holdings Limited, Chevron Corporation USA, Chevron Nigeria Holding, Corlay Global SA, dantata, defiance to court order, energy regulatory commission, erc, femi otedola, forward-looking, Gulf Africa Petroleum Corporation, head of petroleum, injuction, kenya, Kenya Petroleum Refinery Limited, Kenya's energy act, KPRL, lagos federal high court, legal process in nigeria, legally, minority share, mombasa, MRS, national oil, National Oil Corporation of Kenya, nse, Oil Libya, peter nduru, private securities litigation reform act of 1995, Safe Habor, sale, san ramon, sayyu dantata, uganda, united state, zenon oil and gas | 4 Comments »
Posted on November 2, 2008 by Fortune&Class
Chairman of the Senate Committee on Capital Market, Senator Ganiyu Solomon has no soothing description for the nation’s capital and money markets regulatory authorities. In an interview monitored on AIT, Senator Solomon said the Securities and Exchange Commission have been at cross purpose with each directing and dispensing policies that are parallel to each other.
Senator [...]
Filed under: Uncategorized | Tagged: ait, CBN, cbn governor, ganiyu solomon, gos, indepedent manners, interview, meltdown, minister for national planning, money market regulatory authorities, nigerian market, nse, SEC, senate committee on capital market, senator, ssupervisory role | Leave a Comment »
Posted on November 2, 2008 by Fortune&Class
The tax exemption status of religion based organizations and non government organisations are to be reviewed to align with international standards. This, according to a source in the Presidency, is to appropriately integrate otherwise tax exempt organizations into the taxable entities mainstream so as to drive the new impetus to fund the growth of the [...]
Filed under: Uncategorized | Tagged: accounts, bakeries, business income, business income tax, charitable activities, churches, competitors, delineate, factories, framework, fund the growth, hotels, income, mosques, NASB, national economy, new thinking, newspaper, next year, NGO, nigerian accounting standard board, nigerian standard board, non government organisation, non oil revenue, organisations, parking lots, presidency, profit earning, publishing houses, radio, religion, restaurants, status, tax, tax exempt organisations, tax exemption, tax reform, tax-free, taxable, tv stations, UBIT, United States of America's Internal Revenue Service Code | 2 Comments »
Posted on November 2, 2008 by Fortune&Class
Perhaps some ETB staff that were in the know of the negotiation of the acquisition of the bank by FirstBank were excited at the prospect of changing boss from the authority of Otunba (Dr.) Mike Adenuga to the structured management of FirstBank. Feelers from the bank owned by Adenuga indicated that some staff members were [...]
Filed under: Uncategorized | Tagged: adenuga's wish, banking giant, business empire, concentrating, ETB, First Bank, FirstBank, Mike Adenuga, momentary set back, setback, some of the staff | Leave a Comment »
Posted on November 2, 2008 by Fortune&Class
Away from our beleaguered stock market and the yet roiling global financial markets. At least, a little bit of sanity is returning to the Nigerian stock market though not by way of positive market activities, thankfully, the management of the Nigerian Stock Market has finally discerned the wisdom that informs free market activities by removing [...]
Filed under: Uncategorized | Tagged: access, american political scene, Arizona, barrack obama, Clintons, crashing prices, economic structural adjustment programme, finance sector, financial players, FirstBank, global financial market, good president, Halloween, height of the economy, international monetary funds, John McCain, management, manufacturing, military inspired, miraculous, national banking sector, nigeria, Nigerian stock market, obama, peak price, presidency, property, sector, turbulence, UAC, United States, USA, USA presidential election | 3 Comments »
