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Sixty-Two debtors are owing the Asset Management Corporation of Nigeria (AMCON) N10 billion and above each, the agency has said.
The Securities & Exchange Commission (SEC) and Oando saga is generating commentary from all quarters. There have been appeals for SEC to follow due process in the Oando case from groups as divergent as minority shareholder groups to NGOs to the Institute of Directors and even reputable voices such as Atedo Peterside. The international community has been draweninto the fray with the US–Nigeria Trade Council (UNSC) echoing the same tune, but this time the same message.
Following what can now be termed the longest forensic audit in the history of the Nigerian Securities & Exchange Commission (SEC) they published far reaching pronouncements and sanctions against Oando PLC’s principals said to be the outcome of the investigation into the company’s business.
The Oando and SEC saga just got more interesting. In their personal capacities, Oando PLC’s boss, Wale Tinubu and his Deputy, Omamofe Boyo, have obtained an injunction under presiding Judge C M A Olatoregun of Federal High Court (FHC), Lagos, restraining the SEC from implementing the sanctions contained in its 18 month long forensic audit report.
Stakeholders in Rivers State on Tuesday has called on the National Judicial Commission (NJC) to ensure justice is meted out to perpetrators of violence during and after the 2019 general elections.
Some stakeholders in Rivers state have called on the federal government to investigate every single death recorded during the elections in the state.
A presidential pre-election opinion poll commissioned by ANAP Foundation, a non-profit organisation, has put President Muhammadu Buhari in the lead .
Shareholders of Cadbury Nigeria Plc on Friday approved N301.51 million as total dividend for the financial year ended Dec. 31, 2017.
Former Finance Minister, Dr Ngozi Okonjo-Iweala, has said former President Goodluck Jonathan acknowledged that he did not know economics but had a clear direction of where he wanted to take Nigeria to.
Lagos residents heading for their workplaces and other destinations on Thursday were stranded after the state government blocked some major roads over the visit of President Muhammadu Buhari to the state.
The Governorship, National Assembly and House of Assembly Election Petitions Tribunal in Katsina State has shifted its sitting venue to Abuja.
Indications emerged on Monday that workers in the country may carry out their planned industrial action against the government over discrepancies in the National Minimum Wage implementation.
Former Emir of Bakura in Zamfara, Alhaji Hassan Marafa has emerged as the Deputy Chairman of the state chapter of the Peoples Democratic Party (PDP).
Oyo State Governor, Mr Seyi Makinde, has described his victory at the Governorship Election Petitions Tribunal as the triumph of truth over falsehood.
Google on Monday sent out invitations to an October 15 event starring “things Made by Google,” with a new Pixel smartphone expected in the line-up.
Nigeria is losing $600 million annually to illegal and unreported fishing by foreign vessels as a result of lack of equipment such as Automatic Identification System (AIS) and Vessel Monitoring System (VMS), and adequate manpower to police the country’s vast coastline, investigation has revealed.
Dangote Tomato plant in Kano has been shut again, six months after it resumed operations from an almost three-year shut down.
Musa, a 17-year-old living in northeastern Nigeria, has a grim story. He said when he was eight years old, members of the armed Islamic group Boko Haram attacked and burned down his village.
Governors elected on the platform of the Peoples Democratic Party (PDP) on Sunday threw their weight behind the decision of the party’s presidential candidate, Atiku Abubakar, to challenge Wednesday’s judgment of the Presidential Election Petitions Tribunal (PEPT) which upheld INEC’s declaration of Muhammadu Buhari as winner of the 2019 presidential poll.
The Lafia Diocesan Chaplain of the Catholic Lawyers Association of Nigeria (CLAN), Rev. Fr. Paul Eze, has urged the association members to dedicate part of their time to offering legal services to the poor.