archiveMay 14, 2019

President Muhammadu Buhari has frowned at the inability of the Nigerian elites to address the welfare and educational needs of the less-privileged members of the society. The president made his feelings known when he hosted Vice President Yemi Osinbajo, ministers, service chiefs, heads of security agencies and chief executives of...

  Violation attracts N10m penalty The Securities and Exchange Commission (SEC) is planning a new sub-rule specifically seeking to reduce the cost of organising meetings, by making the distribution of gifts to shareholders, observers, and any other persons at annual and extraordinary general meetings, illegal. According to SEC, the move...

The Central Bank of Nigeria (CBN) has fined Stanbic IBTC Bank about N2 billion for violating the CBN guidelines and for committing other sundry offences in 2018 accounting year, details of which are contained in the bank’s financial statement for the year ended December 2018. The group said it was...

  Commemorates new Democracy Day Buhari takes oath of office on May 29 President Muhammadu Buhari is set to formalise the declaration of June 12 as Democracy Day, earmarking the day for the celebration of his second term of office inauguration. The Minister of Information and Culture, Alhaji Lai Mohammed,...