archiveJune 2019

The Labour Union of the Securities and Exchange Commission (SEC), on Monday protested at the SEC headquarters, Abuja, over the planned reinstatement of the suspended Director-General of the commission, Mounir Gwarzo. The National Industrial Court (NIC), had on Friday, May 31, discharged Gwarzo of a five-count charge filed against him....

Oando Plc on Monday said that it had yet to receive any letter from the Securities and Exchange Commission (SEC) on the purported appointment of its interim management team for the company. A competent source in the company, who pleaded anonymity, told the News Agency of Nigeria (NAN) in Lagos...

  Veteran investor, Gbadebo Olatokunbo, saw it coming Negative reactions from investors on the Nigerian Stock Exchange greeted the Oando Plc on Monday as they reacted negatively to developments at the company as its share price fell 9.52 per cent to close at N3.80 at the end of Monday trade...

  promises deployment of all govt. machinery to achieve full implementation Lagos State Governor, Mr. Babajide Sanwo-Olu on Monday signed the state 2019 Appropriation Bill and three other bills into law. The new Capital Expenditure stands at N479.691 billion while Recurrent Expenditure is N393.841 billion, which ratio 55-45 per cent....

A panel set up by Presdient Muhammadu Buhari has recommended the establishment of ‘state and local government police.’ The panel, set up by Mr Buhari in August 2018, submitted its report on Monday. The ‘Presidential Panel on SARS Reform (2018)’ was headed by the Executive Secretary of the National Human...

The Mountain of Fire and Miracles Ministries (MFM) has slammed an indefinite suspension on Mr. David Onyekachukwu of its Life Camp branch, Abuja, over a reported indecent relationship he had with a 16-year-old girl. The indefinite suspension, according to a statement issued in Abuja on Monday by the spokesperson of...

  The Securities and Exchange Commission, SEC, has constituted an Interim Management Team to oversee the affairs of Oando Plc, and conduct an Extra Ordinary General Meeting on or before July 1, 2019 to appoint new Directors to the Board of the Company, who would subsequently select a Management Team...

The Nigerian Meteorological Agency (NiMet), has predicted cloudy weather conditions with prospects of rainfall and thunderstorm activities over most parts of the country on Monday. NiMet’s Weather Outlook on Sunday, in Abuja, predicted morning thunderstorms and partly cloudy conditions over the Central States with day and night temperatures of 24...

The Securities and Exchange Commission (SEC) and the Economic and Financial Crimes Commission (EFCC) have agreed to collaborate in combating crime in the Nigerian capital market. The agreement was reached when the SEC management met with the management team of the EFCC at the EFCC corporate headquarters in Abuja at...

  Archbishop Alfred Adewale Martins of the Catholic Archdiocese of Lagos  has admonished the media to recognise its indispensable role in building a progressive society. He said that media practitioners should be cautious of  their  choices  and usages of words, images and the  content of their output. Martins spoke on...