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Companies and Allied Matters Act
A Federal High Court in Abuja has dismissed the suit seeking to stop the confirmation of Justice Tanko Muhammad as the substantive Chief Justice of Nigeria.
Shareholders of Union Bank of Nigeria (UBN) Plc have approved a proposal to cancel N54.46 billion accumulated permanent losses in the books of the commercial bank.
Shareholders of Union Bank of Nigeria (UBN) on Tuesday endorsed the proposed reduction of N54.4 billion from the bank’s share premium account aimed at restructuring its balance sheet for optimal performance.
United Bank for Africa (UBA) has asked Justice Mohammed Liman, presiding over a Federal High Court in Lagos to dismiss a motion filed by a Petroleum Resources firm, Sahara Energy Limited, seeking a discharge of an ex-parte order allowing the bank to advertise a petition it filed to wind-up the firm over alleged N15 billion debt.
Justice Mojisola Olatoregun of the Federal High court in Lagos has struck out a suit filed by ten prominent members of the Church of Nigeria Anglican communion, Lagos Diocese, challenging the election of the new Bishop Humphrey Olumakaiye for lack of jurisdiction.
The Lagos Chamber of Commerce and Industry (LCCI) has called on President Muhammadu Buhari to sign the Companies and Allied Matters (CAM) bill 2018 in order to boost Micro, Small and Medium Enterprises (MSMEs) growth.
A Federal High Court sitting in Ikoyi, Lagos, has struck out a suit filed by 10 prominent members of the Church Nigeria Anglican Communion, Lagos Diocese, challenging the election held by the church to select the new Bishop of the Diocese.
United Bank for Africa Plc (UBA) has filed a winding up petition before a Federal High Court in Lagos against a petroleum resources company, Sahara Energy Resources Limited, over an alleged inability of the firm to pay a debit of $42,282,430.49 (equivalent to N15,221,674,976).
Vice President Yemi Osinbajo says that the Federal Government has implemented no fewer than 140 reforms on ease of doing business in the past three years.
The FMDQ OTC Securities Exchange has commended the efforts of the Risk Management Association of Nigeria (RIMAN) in championing the professionalisation of risk Management in Nigeria, even as it stressed the need for enhanced risk management in the nation’s money market.
The Independent National Electoral Commission (INEC) has inaugurated an inter-agency campaign finance monitoring group ahead of the general election.
The Corporate Affairs Commission (CAC), on Wednesday commended the National Assembly for the passage of the Companies and Allied Matters Bill.
A pro-democracy and civil rights group, Global Integrity Crusade Network (GICN), on Monday threatened legal action against the Attorney-General of the Federation and Minister of Justice, Abubakar Malami, SAN, if he fails to proscribe and declare the Islamic Movement (IMN), a terrorist organization.
The British Deputy High Commissioner to Nigeria, Harriet Thompson, has urged the National Assembly to pass the Petroleum Industry Governance Bill and other critical bills before the expiration of its tenure.
Senate President Abubakar Bukola Saraki, on Monday assured Nigerians that legislative duties in the National Assembly would not be relegated to the background in view of the commencement of the 2019 electioneering campaigns.
Also, it stressed that refinancing of existing loans is prohibited for funding under the programme, saying that any attempt to falsify information would also attract severe sanctions.
Oyo State Governor, Engr Seyi Makinde, has called on men and women of integrity not to shy away from participating in politics, saying that is the only way to sanitise the system.
US President Donald Trump suggested dropping nuclear bombs on hurricanes before they made landfall in the United States, Axios reported Sunday.
The Economic and Financial Crimes Commission (EFCC) has extended its investigation of the laundered 150 million euros cash-for-poll by associates of former vice-president Atiku Abubakar to Olusegun Obasanjo Presidential Library.
Heavy rainfall and flash floods have killed 62 people in Sudan and left 98 others injured, the official SUNA news agency reported on Sunday.
A stray bullet from an unidentified police man, snuffed life out of a man, Sunday night, at Shogunle area of Lagos.
Chris Ekpenyong, the senator representing Akwa Ibom North West District, Akwa Ibom state, has lost his wife.
The president of Nauru has lost his bid to retain power in the tiny Pacific nation, losing his seat in a national election, Australian media reported Sunday.
South-east governors have issued a stern warning to Nnamdi Kanu, self-exiled leader of the outlawed Indigenous People of Biafra (IPOB), over his threats to attack them and other South-east leaders who travel abroad.
Mauricio Pochettino fears the transfer market uncertainty over Christian Eriksen is hurting the player and Tottenham, as he expressed surprise that the situation had not been resolved.
The Kwara state police command on Tuesday arraigned a second class monarch from Odo-Owa, Oke-Ero local government area, Oba Joshua Adeyemi Adimula for alleged trespass to land and threat to life.