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Rivers sets up committee on proposed environment university

The Rivers State has approved the setting up of an ad hoc committee to examine and advise the state government on the proposal for the establishment of a University of Environment in the state.

Lagos slashes land use charge, waives penalty for late payment

Following extensive deliberations with stakeholders on the new rates payable by property owners under the Lagos State Land Use Charge (LUC) law, the government on Thursday announced a major reduction in the rates and waived the penalty for late payment across board.

SEC extends e-dividend registration deadline to March 31

The Securities and Exchange Commission has extended its free e-dividend registration deadline to March 31, the News Agency of Nigeria learnt on Wednesday.

Oando drops lawsuit against SEC

Nigerian oil company, Oando, has dropped its lawsuit against the domestic Securities and Exchange Commission, paving the way for a forensic audit of the firm, the regulator announced in a statement on Tuesday.

Deloitte gets go ahead on Oando audit

The Securities and Exchange Commission (SEC) has asked Deloitte can go ahead with the forensic audit of Oando Plc.

2017: Oando to delay release of financial result

This development was short of expectations because of the ongoing SEC forensic audit of the Company. The forensic audit was precipitated by alleged findings of the SEC, following an investigation into the Company which commenced in July 2017.

Senator Ladoja sets to pull out of PDP again

The crisis in the Oyo State chapter of the Peoples Democratic Party (PDP) has taken a worse turn.

SEC targets increased financial inclusion by 2020

The Securities and Exchange Commission (SEC) says it aims to achieve increased financial inclusion of Nigerians by the year 2020.

MTN yet to submit applictaion on initial public offering – SEC

The Securities and Exchange Commission (SEC) on Monday said that it was yet to be notified by the MTN Group on plans to raise about 500 million dollars from the Nigeria’s capital market.

Federal govt won’t lose N1.1 billion revenue to Etisalat transfer – NCC

Executive Vice Chairman of the Nigerian Communications Commission (NCC), Prof. Umar Dambatta, has assured that new investors expected to take over 9mobile telecommunications will pay all outstanding debts, including the N1.1bn spectrum band fee to the federal government.

Governance as a relay race

I first met Mr. Akinwunmi Ambode early May 2014 somewhere in Victoria Island, Lagos. We had just launched TheCable online newspaper. We ran a story — “The man who would be next Lagos governor” — which surprised him, for it was not yet public knowledge that he was going to throw his hat in the ring.

EFCC files fresh corruption charges against senior lawyer Joseph Nwobike

The Economic and Financial Crimes Commission (EFCC) on Thursday at an Ikeja High Court filed fresh corruption charges against Dr Joseph Nwobike, a Senior Advocate of Nigeria (SAN).

MTN to list N153bn shares on Nigerian Stock Exchange

Telecoms operator, MTN Group Limited, is planning to raise about N153bn ($500m) from the sale of shares in its Nigerian business during the first half of this year, fulfilling the terms of a deal struck with the country to settle a record fine, Bloomberg has reported, quoting people familiar with the matter.

How suspended SEC chief Mounir Gwarzo spent N1.7 billion on ‘golden handshake’ – panel

The embattled former Director General of the Securities & Exchange Commission, SEC, Mounir Gwarzo, appears to be in more trouble as fresh allegations emerged Thursday that he spent over N1.7 billion on ‘golden handshake’ to some staff without due process and approval.


Recent Posts

Group lauds withdrawal of policemen attached to VIPs

A socio-cultural group, the Ndigbo Unity Forum (NUF), on Tuesday commended the Inspector-General of Police, Mr Ibrahim Idris, for withdrawing policemen attached to Very Important Personalities (VIPs) in the country.

Expelled Russian diplomats leave UK

Russian diplomats recently expelled from the UK over the case of former Russian spy Sergei Skripal and their families left the Russian embassy in London on Tuesday and are heading to the airport in more than 10 cars, a Sputnik correspondent reported.

Police free Mali consul’s wife after held by man in Barcelona

Police on Monday freed the wife of Mali's honorary consul in Barcelona after a man from the African country seeking to be allowed out of Spain held her for five hours, police said.

China vows to punish Taiwan for separatism

President Xi Jinping of China, on Tuesday, warned self-ruled Taiwan on Tuesday that it would face the “punishment of history” for any attempt at separating from the country.

Another parcel blast reported in Texas

A package exploded early Tuesday at a FedEx distribution facility in Texas, news reports said, two days after the latest in a series of blasts in Austin attributed to a serial bomber.

Most Popular

Maryjane Benson: I can approach a man if I really like him

Budding Nollywood actress and video vixen, Asakomhe Mary, aka Maryjane Benson, has said in a chat that she’s a regular girl next door but one with big dreams.

Ministry: Overloaded heavy duty vehicle owners to pay N10 million fine

Owners of overloaded heavy duty vehicles that ply federal highways will start paying fines ranging from N1m to N10m, the Federal Government has announced.

IOM: AU supports 5,200 migrants return from Libya

The African Union (AU) has supported 5,200 migrants to return home safely from Libya since November 2017, the International Organisation for Migration’s (IOM) Mission in Libya, has said.

#BBNaija: I can’t marry someone like you – Cee-C tells Lolu

Big Brother Naija 2018 housemate Cee-c has said she cannot marry someone like Lolu.

Sky suspends Jamie Carragher until end of football season

The suspension comes after Carragher was filmed spitting towards a father and his 14-year-old daughter from his car window.