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Senator Saraki pledges quick passage of CAMA, ISA Bills

President of the Senate, Dr. Abubakar Bukola Saraki, on Wednesday reiterated the commitment of the 8th National Assembly to swiftly consider and pass required amendments to the Companies and Allied Matters Act (CAMA) and the Investment and Securities Act (ISA).

CSOs, other stakeholders oppose NGO Bill amid protests

Almost all representatives of Non-Governmental Organisations (NGOs), Civil Society Organisations (CSOs) and Faith Based Organisations (FBOs) Wednesday vehemently denounced the proposed establishment of a regulatory commission for supervision, co-ordination and supervision of the groups’ activities in the country.

Oando drags SEC to appeal court

Oando Plc has headed for the Court of Appeal in its bid to lift the technical suspension imposed on its shares on the floor of the Nigerian stock market by the Securities and Exchange Commission.

Senate to partner NBA to ease passage of bills – Senator Saraki

The Senate President, Dr. Abubakar Bukola Saraki, has pledged the cooperation of the Senate with the Nigerian Bar Association to ensure easy passage of bills before the Upper House.

SEC urges shareholders to key into capital market initiatives

The Securities and Exchange Commission (SEC) has enjoined all shareholders to take advantage of the initiatives introduced in the capital market aimed primarily at strengthening the market and accelerating economic development.

PANDEF faults Presidency’s handling of Kachikwu-Baru feud

Pan Niger Delta Forum, PANDEF, yesterday, criticized the Presidency over the manner it handled the rift between the Minister of State for Petroleum Resources, Dr. Emmanuel Kachikwu and Group Managing Director, GMD, of Nigeria National Petroleum Corporation, NNPC, Dr. Maikanti Baru.

Ethnic pride and prejudice in Nigeria

Even the gateman, the cook and the cleaner will be from their own part of the country. When one of them starts a line of business, sooner than later they will populate and dominate that space with their kith and kin. Any guesses? Yoruba? Hausa/Fulani? Igbo?

Dangote, GBCHealth forge African health coalition

Dangote Foundation and GBCHealth have joined forces to forge a new model of partnership, African Business Coalition on Health (GBCHealth) in Africa.

Shareholders seek postponement of Oando’s AGM

The majority shareholders in Ansbury Investment Inc. have sent a petition to the Securities and Exchange Commission, seeking the postponement of Oando Plc’s Annual General Meeting (AGM).

CAC delists 44,000 firms, registers 1.5mn

About Forty-four thousand (44,000) companies have so far been delisted from the database of the Corporate Affairs Commission (CAC) while 1.5 million companies have been registered, the Economic Confidential has learnt on good authority.


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NBA rejects Lagos government’s 50% reduction of land use charge

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Kremlin: Britain’s claim Vladimir Putin ordered ex-spy poisoning ‘unforgiveable’

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