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If the SEC goes ahead with this action it will be in clear violation of the interim injunction obtained by Oando’s principals Adewale Tinubu, the Group Chief Executive and Omamofe Boyo, the Deputy Group Chief Executive which restrains SEC, its servants and agents from directing or requesting any agency of the Government to act upon its decisions contained in its letter of 31st May pending the hearing.
The Nigeria Extractive Industries Transparency Initiative (NEITI) on Thursday hailed the appointment of Mele Kyari as the new Group Managing Director (GMD) of Nigerian National Petroleum Corporation (NNPC).
In the Oando versus the Securities and Exchange Commission (SEC) crisis it seems the SECs strategy is to use silent warfare and third parties to achieve one objective - the destruction of Oando PLC.
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 federal government on Monday inaugurated the members of the governing boards of five professional health regulatory bodies.
In an effort to restore sanity and order in public spaces across the state, the Edo State Government has intensified its clean up exercise, starting from the Benin metropolis with a campaign to rid the streets and parks of debris and dirt.
The Board of the Federal Road Safety Corps (FRSC) has approved the elevation of four Assistant Corps Marshals (ACM) to the rank of Deputy Corps Marshals (DCM).
President Muhammadu Buhari has approved the appointment of members of the Board of the Nigeria Social Insurance Trust Fund, a parastatal agency of the Federal Ministry of Labour and Employment.
The Civil Defence, Fire, Immigration and Prisons Services Board (CDFIPB) has approved the promotion of 51 officers to the rank of Assistant Controller General in Civil Defence, Immigration and the Nigerian Prisons.
The Guaranty Trust Bank (GTB) has congratulated President Muhammadu Buhari on the renewal of his mandate by the electorate.
Whoever came up with the wise saying that Nigerian politics is dirty deserves an award for perspicacity. I have just returned from that dirtied, muddled up, confused, uncertain, unpredictable zone of Nigerian life and society with truck loads of stories in my head and enough impressions in my mind to last me another life-time.
The Joint Admissions and Matriculation Board (JAMB) has disclosed that the slash of the registration fee for the 2019 Unified Tertiary Matriculation Examination (UTME/DE) examination from N5000 to N3500 by the Federal government was responsible for the 159,252 difference in the number of candidates registered for the examination.
The Nigeria Deposit Insurance Corporation, NDIC, said that decision to liquidate the defunct Fortis Microfinance Bank was taken after efforts to resuscitate the bank proved abortive.
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A faction of suspended members of Association of Local Governments of Nigeria (ALGON), Ogun State chapter, has called on the anti-graft agencies – Economic and Financial Crimes Commission (EFCC) and Independent Corrupt Practices and other related offences Commission (ICPC) – to look into the how councils funds were expended from October 2016 till date.
Two middle-aged men working at a quarry site in Ibadan, Oyo State, lost their lives yesterday when the excavation suddenly caved in on the workers at Ologuneru, on Eleyele-Eruwa road.
Lagos State Government on Monday advised residents to patronise only certified estate agents while seeking accommodation.
The Board of the Federal Road Safety Commission (FRSC) on Monday, approved the promotion of 64 Assistant Corps Commanders (ACCs) to Deputy Corps Commanders.
Lagos State Government, in collaboration with the National Veterinary Research Institute, Vom, Plateau State, is to undertake a participatory rural appraisal and collection of farmers’ perception on pig phenotype.
Edwards, who took to Instagram handle @frankrichboy to celebrate, also expressed gratitude to God for the healing.
Kunming customs in southwest China’s Yunnan Province had detected the province’s first case of imported Zika virus in a traveler returning from abroad, local health authorities said Friday.
Forty-year old Filipino legend Manny Pacquiao has become the oldest welterweight champion in boxing history with a thrilling split decision victory over WBA champion Keith Thurman on Saturday.
A cleric, Rev. Maxwell Onyia, has called on Christians to show exemplary leadership qualities that radiate the positive light of Christ in them, adding that the mentality of get-rich-quick and get-rich-anyhow syndromes adopted by youth must be corrected through good mentorship from Christian leaders.
Abia state deputy governor, Sir Ude Oko Chukwu, has urged mothers in the state to ensure that their children were adequately administered with poliomyelitis vaccines to guard against the disabilities arising from polio.