archiveMay 2020

Capital market operators on Tuesday advised Mr Lamido Yuguda nominated as the Director-General, Securities and Exchange Commission (SEC), to prioritise  investor protection and effective implementation of capital market master plan, if confirmed by the Senate. In interviews with the News Agency of Nigeria  (NAN) in Lagos, the operators said Yuguda...

The Court of Arbitration for Sport (CAS) has set aside three days in June to hear Manchester City’s appeal against a two-year ban from European competition for breaching fair play rules. Updated listings posted on the Switzerland-based court’s website on Tuesday set a June 8 to June 10 date. European...

The Premier League in England said on Tuesday that six people from three different clubs had tested positive for COVID-19 out of a sample of 748 individuals. The novel coronavirus tests were taken on Sunday and Monday ahead of the return to small group training. “Players or club staff who...

Mr Godwin Emefiele, Governor of the Central Bank of Nigeria (CBN), has urged industrial conglomerates operating in the country to support efforts aimed at growing the Nigerian economy. Emefiele gave the advice on Tuesday in a virtual meeting with the Chief Executive Officers (CEOs) of conglomerates in Nigeria. He said...

The Federal Government will give priority attention to long-distance races in the 2021 budget with plans to revamp two training camps in Nigeria. Minister of Youth and Sports Development, Mr Sunday Dare, announced this at a virtual meeting with the coaches, the private sector and other stakeholders on Tuesday in...

  The Chairman, Delta State Investments Development Agency (DIDA), Mr Paul Nmah, says the agency will continue to attract more Foreign Direct Investments (FDIs) as well as Domestic Direct Investments to the state. Nmah gave the assurance when he led the management team of the agency to the site of...

Adamawa State Executive Council has approved a downward review of the 2020 budget by 24 per cent, affecting only the capital expenditure and overhead costs. The Commissioner for Information and Strategy, Dr Umar Pella, disclosed this shortly after an Extraordinary meeting of the council presided over by Gov. Ahmadu Fintiri...

The Chartered Institute of Stockbrokers (CIS) on Tuesday announced Mr Olatunde Amolegbe, as its new President and Chairman of the Governing Council. He succeeded the incumbent President, Mr Adedapo Adekoje at the institute’s maiden virtual Annual General Meeting (AGM). Amolegbe, an accomplished investment analyst, and a Fellow of the Institute...

Justice Philomena Ekpe of the Court of Appeal, Calabar division, Cross Rivers State, on Tuesday, May 19, 2020 set aside the decision of a Federal High Court sitting in Uyo, Akwa Ibom State, which acquitted Edward Odey Oluohu, Frank Asuquo Okon,  Godwin Etim Anwanadung and their companies, Blue Dolphin Limited...

seeks establishment of reserve agency The Senate on Tuesday commenced legislative work on a critical bill to ensure food security for Nigeria with the establishment of the Food Reserve Agency to avert any form of emergency food crises in the future. The bill which scaled second reading on the floor...