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International Institute of Journalism academic activities suspended

The National Headquarters of the Nigeria Union of Journalists (NUJ) has suspended academic activities at the Minna study centre of the International Institute of Journalism (IIJ).

Why we suspended trading of Oando shares – NSE

The Nigerian Stock Exchange, NSE, on Wednesday clarified the suspension of trading in the shares of Oando plc for two days.

SEC suspends sales of Oando shares

The Securities and Exchange Commission on Wednesday instructed the Nigerian Stock Exchange to implement a full suspension in the trading of the shares of Oando Plc.

Capital market shareholders task SEC, NSE on penalties to boost new listing

Capital market shareholders on Saturday called on the Securities and Exchange Commission (SEC) and the Nigerian Stock Exchange (NSE) to review the penalties imposed on quoted companies to attract new listing.

Fidelity Bank to launch $500m Eurobond

Fidelity Bank Plc recently announced plans to launch up to $500 million Senior Unsecured Medium Notes (Eurobond) as well as a tender offer to purchase the banks’ outstanding $300 million 6.875 per cent Notes due May 9, 2018.

NLC, TUC set to shut down Benue over unpaid salaries

Leaders of the organised labour in Benue State including the Nigeria Labour Congress (NLC), the Joint Public Negotiation Council (JPNC) 1,11 and 111 and the Trade Union Congress (TUC) has resolved to embark on “a total, comprehensive and indefinite strike action” in protest against non-payment of workers salaries in the state.

Oando: Reps give SEC two weeks to complete enquiry

The House of Representatives Committee on Capital Market and Institutions on Tuesday held a closed door meeting with the Director-General of Securities and Exchange Commission (SEC), Mounir Gwarzo, regarding the SEC’s lingering enquiry on Oando, following petitions brought by Ansbury Inc. and Mangal.

NLC announces conditional suspension of strike in Zamfara

The Nigeria Labor Congress (NLC), Zamfara chapter, on Monday announced a conditional suspension of the indefinite strike it embarked upon a fortnight ago.

Capital market: SEC bans Ogiemwonyi for life over alleged unprofessional conduct

SEC has also withdrawn the operating licences of Partnership Investment Company Plc and Partnership Securities Limited. The Chairman of the companies, Mr. Henry Omoragbon, was also suspended for a period of five years from engaging in capital market activities in Nigeria.

Union Banks opens subscription of N50bn rights issue

Union Bank has announced that the subscription period for its N50 billion Rights Issue will commence on Wednesday, September 20 and close on Monday, October 30, 2017.

SEC clears Oando, approves 40th AGM

The Company remains committed to act in the best interests of all its shareholders and will continue to fully co-operate with the SEC in the discharge of its duties as the Capital Markets regulator.

Anambra Labour Party sacks chairman

The State Executive Committee (SEC) of the Labour Party (LP) in Anambra State has passed a vote of no confidence on the chairman of the party, comrade Luke Ezeanokwasa.

SEC in discussion with MTN over listing on NSE – official

The Securities and Exchange Commission, SEC, has opened discussions with MTN to ensure successful electronic listing of the telecoms company on the Nigerian Stock Exchange (NSE).

Cryptocurrency surge stirs Bitcoin bubble fears

Bitcoin and other “cryptocurrencies” are big money, virtually as big as Goldman Sachs and Royal Bank of Scotland combined.


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Uganda police hold opposition leader Kizza Besigye over attempted murder

Ugandan police have detained the country's most prominent opposition leader over allegations of attempted murder.

Web giants vow to remove online extremist content within hours

Tech companies including Google, Facebook and Twitter will work with G7 countries to block the spread of extremist content online.

Boko Haram kills three Nigerian soldiers in Borno ambush

At least three soldiers were killed when Boko Haram fighters ambushed a military convoy in northeast Nigeria, security and civilian sources told AFP on Thursday.

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Police kill one protester in Kenya opposition stronghold

A young protester was shot dead in western Kenya on Monday as hundreds of opposition supporters again took to the streets demanding reforms ahead of a presidential election, witnesses told AFP.

Fifty-year-old rapes three-year-old to death in Katsina

A 50-year-old man and father of seven, Abdullahi Sani, has been arraigned before a Katsina State Senior Magistrates’ Court for allegedly raping a three-year-old daughter of his neighbour to death.

N500 million suit: Lai Mohammed, Olisa Metuh fail to reach settlement

The N500 million libel suit filed by Lai Mohammed, the Minister of Information and Culture, against Olisa Metuh, a former Peoples Democratic Party, PDP, spokesperson, is set to proceed to trial at the Ikeja High Court.

Kogi govt debunks alleged monkey pox vaccination rumour

The Kogi State Government has debunked the rumour making the rounds that some unidentified men are infecting children with Monkey pox virus in the name of vaccination.

North Korea readies missile launch ahead of United States-South Korea drill

North Korea is believed to be preparing to launch a ballistic missile ahead of an upcoming joint naval drill by the US and South Korea, a news report said Saturday, citing a government source.