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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.
A total of 33 places in the boxing tournament at Tokyo 2020 will be up for grabs at the African Olympic qualifier beginning in Dakar tomorrow.
Mr Emmanuel Atama, the Executive Secretary of the National Cooperative Financing Agency of Nigeria (CFAN), has appealed to the Central Bank of Nigeria (CBN) to use appropriate monetary policy tools to check rising inflation rate in the country.
Imo State Governor, Hope Uzodinma, has sought a refund of over N32billion his predecessors spent on Federal Government’s projects, especially on roads in the state.
South Korea reported its first death from the new coronavirus on Thursday, with 53 new cases of the coronavirus confirmed in a single day to bring the total to 104.
Thailand’s Constitutional Court has ruled that existing laws criminalising abortion are unconstitutional and ordered them to be amended, paving the way for clearer regulation for reproductive rights.
Delta governor, Sen. (Dr) Ifeanyi Okowa, has decried renewed attacks by suspected herdsmen on Avwon, Agadama, Ohoror and other communities of Uwheru Kingdom, Ughelli North Local Government Area of the state.
The Trump administration said on Tuesday said it will begin treating five major Chinese state-run media entities with U.S. operations the same as foreign embassies, requiring them to register their employees and U.S. properties with the State Department.
Two persons who came into Nigeria from China have tested negative to coronavirus.
The National Youths Service Corps (NYSC) has warned prospective corps members to be wary of fraudsters posting adverts on social media assuring them of favorable postings.
The British government on Wednesday presented tougher post-Brexit immigration plans, aimed at reducing the flow of “low skills” labour.