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