Dtn 25 10 17

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THE

DAILY

TIMES

NIGERIA INDEPENDENT NEWSPAPER. EST. 1926 WWW.DAILYTIMES.NG https://plus.google.com/+DailytimesNgr/posts

dailytimesnigeria

Senate probes Etisalat’s N1.2bn loan

Ï Moves to avert economic shock

Olufemi Samuel, Abuja

ÏÏÏ The $1.2 billion debt crisis

rocking Etisalat Nigeria took the attention of the Senate on Tuesday as it resolve to investigate the management and utilization

of the loan facility obtained from the 13 Nigerian banks by the telecommunications’ company. The Senate Committees on Banking; Communications; Capital Market, and National Security and Intelligence are to anchor the Continued on page 6

Kogi workers now IDPs – NLC

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7

WEDNESDAY, OCTOBER 25, 2017 VOL. 3. NO. 483

N150

GLOBAL FINANCIAL/COMMODITY MARKETS

CURRENCIES/CBN: CBN: N305.55 PER DOLLAR, Parallel Market: USD N363 POUND N475 EURO N425 NSE: ASI 36, 970.81 MARKET CAP 12.73 FMDQ O/N 79.17 OBB 74.17 COMMODITIES: Wheat US $438.00/MT Rice US $12.12/MT Cocoa US $2,046.00/Bag Coffee US $124.25/Scoop Cotton US $67.61/Unit Sugar US $14.17/Ounce METALS: Gold US $1306.70/Ounce Silver US $17.43/Ounce Copper US $3.12/Ounce ENERGY: Brent US $57.73/PB, N/Gas US $2.94/CB

EFCC traces 5 more houses to Maina in Abuja

Ï Seals off his shopping plaza, houses, firms in Kaduna Ï NASS begins probe over his illegal reinstatement Ï Maina speaks from hiding, denies N100bn pension fraud R-L: Roosevelt Ogbonna, Group Deputy Managing Director, Access Bank Plc; Herbert Wigwe, Group Managing Director/CEO; Bruno Wenn, Chairman of the Management Board, Deutsche Investitions - und Entwicklungsgesellschaft (DEG); Klaus Helsper, Director, German Corporates, DEG and Ingo Herbert, Consul General, German Consulate General in Lagos (standing) during the official signing ceremony of Bilateral Financial Partnership between Access Bank and DEG to launch the ‘German Desk’ at Access Bank Head Office in Lagos …on Tuesday

Olufemi Samuel, Chris Emetoh, Henry Omunu, Tom Okpe, Idu Jude and Myke Uchendu and Oluchi Okoroafor, Abuja

ÏÏÏ Barely 24 hours after

President Muhammadu Buhari ordered the sacking of the former chairman

of the defunct Presidential Task Force on Pension Reforms, AbdulRasheed Maina, operatives of the Economic and Financial Crime Commission (EFCC) have traced five more houses to him. An official of the agency also informed The Daily Continued on page 5

Jonathan, Dasuki must appear, testify for Metuh today, court insists 5 Road crash: 650 people killed daily in Africa- UN 6 Revenue drops by N127bn as FG, states, LGAs share N558bn 6

Convention will show whether PDP will survive or die - BoT Chair 7


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Dtn 25 10 17 by Daily Times of Nigeria - Issuu