Home Topics Corporate Affairs Commission

Corporate Affairs Commission

Nigerian National Petroleum Corporation (NNPC)

House of Reps grills NNPC, contractors, summon BPP over $2.6 billion AKK pipeline project

House of Representatives has begun investigation of the alleged breach of Nigeria’s laws on local content in the execution of the Federal Government project to construct a gas pipeline from Ajaokuta to Kano.
House of Representatives has elected to set a limit and timeframe for any person appointed as the Chairman of the Economic and Financial Crimes Commission, EFCC on acting capacity.

House of Reps probes AKK gas pipeline contract over local content act ‘violation’

The House of Representatives Committee on Nigerian Content Development and Monitoring yesterday met with the management of the Nigerian National Petroleum Corporation, Brentex/CPP Consortium and Bablink Resources Ltd over alleged breach of Local Content Act.

Court grants NDLEA permission to destroy explosive laden container

Justice Ayokunle Faji of the Federal High Court in Lagos has granted leave to the National Drugs Law Enforcement Agency (NDLEA) to destroy a 1×20 feet container loaded with 381 bags of Ammonium Nitrate, a Chemical used in producing explosives.
The newly-elected President-General of Ohanaeze Ndigbo, Prof. George Obiozor, has listed security and education as well as guaranteeing a robust economic growth for the Igbo people as some of the immediate priorities of the socio-cultural organisation.

Court dismisses suit seeking arrest of new Ohaneze Ndigbo president

The Federal High Court in Abuja, on Friday, declined to issue an order of mandamus to compel the Inspector General of Police and the Attorney-General of the Federation to arrest, investigate and prosecute the new President-General of Ohaneze Ndigbo, Prof. George Obiozor.

Lekki estate landlords sue AMCON over ‘disregard’ for court orders

Residents and landlords of Victory Park Estate, Lekki, Lagos State, have accused the Asset Management Corporation of Nigeria AMCON, of harassment over their property despite pending court cases and orders.
The Lagos State Government has hinted of intensive efforts being made to abort the planned #OccupyLekkiTollGate protest as well as a competing #DefendLagos rally.

LCC decries bank debts, fate of over 500 workers

The Lekki Concession Company (LCC) has again appealed for the understanding of aggrieved youths who are bent on preventing the company from commencing the evaluation of the extent of the damage done to its assets on the night of Tuesday, October 20, 2020, citing the subsisting bank debts and the fate of its over 500 workers as compelling reasons the process ought to begin now.
Newsmen report that the meeting is being presided over by President Muhammadu Buhari at the Council Chambers of the Presidential Villa, Abuja, on Wednesday.

SERAP wants President Buhari stopped from using ‘draconian’ law against activists

The Socio-Economic Rights and Accountability Project (SERAP) has filed a lawsuit asking the Federal High Court, Abuja, to “stop President Muhammadu Buhari from implementing draconian and unlawful provisions of the Companies and Allied Matters Act, 2020 which allow the Federal Government to arbitrarily merge a new association with an already registered association; to suspend and remove trustees of any association; and to take over funds belonging to any association, and transfer such funds to another association on the pretext that the account is dormant.”
The Minister of State for Trade and Investment, Mrs Mariam Katagum, confirmed that Kano had the highest number of applicants who had registered for the funds.

Nigerian government lists conditions for new MSMEs support

The federal government announced that the registration for the Guaranteed Off-take Stimulus scheme (GOS) and the general micro, small and medium enterprise (MSME) grant will commence on February 9.

Court ratifies Nigerian government appointment of liquidator for P&ID Nigeria

Justice Inyang Ekwo of the Abuja Division of the Federal High Court on Friday ratified the appointment of a liquidator for Process and Industrial Developments (Nigeria) Limited (P&ID Nigeria), a company registered in Nigeria.
The House of Representatives on Tuesday reprimanded the Minister of Foreign Affairs, for the continuing maltreatment of Nigerians in the Diaspora.

Loan: House of Reps uncover N5 billion illegal waivers for Chinese firm

The controversy around the loans obtained from China assumed a disturbing dimension as the House of Representatives yesterday uncovered N5bn waiver illegally obtained by a Chinese firm.
Fulani herdsmen

MACBAN can’t represent Fulani in Nigeria – GAFDAN

The Gan Allah Fulani Development Association (GAFDAN) has faulted the agreement reached between the South West Governors and the Miyetti Allah Cattle Breeders Association of Nigeria (MACBAN) in Akure, Ondo State.

EFCC presents first witness against ex-SGF Babachir Lawal in ‘N544 million fraud’ trial

The Economic and Financial Crimes Commission (EFCC) has opened its case against Babachir Lawal, a former secretary to the government of the federation (SGF), accused of N544 million fraud.
The Registrar-General-Chief Executive, Corporate Affairs Commission (CAC), Alhaji Garba Abubakar, yesterday said all accredited customers must revalidate their accreditation with the commission before the end of March or have their accounts suspended.

CAC asks customers to revalidate accounts before April 1

The Registrar-General/Chief Executive, Corporate Affairs Commission (CAC), Alhaji Garba Abubakar, yesterday said all accredited customers must revalidate their accreditation with the commission before the end of March or have their respective accounts suspended.
SIM Cards

Nigerian government urged to lift ban on sales of SIM sales, others

Association of SIM Registration Agents (ASREG) has urged Federal government to lift suspension order placed on sales, registration and activation of SIM cards in the country.
Vice President Yemi Osinbajo.

MSME survival fund: We must find ways of doing more – VP Osinbajo

With the kind of impact and interest already generated among Nigerians by the ongoing implementation of the Survival Fund under the Economic Sustainability Plan, there is now a need to expand the scope and reach of the benefits to an even larger number of the populace, according to Vice President Yemi Osinbajo, SAN.
Speaking at a press conference on the violence that trailed the EndSARS protests in Abuja, the Minister of Information and Communication, Alhaji Lai Mohammed said social media was used to spread fake news and disinformation that catalyzed the violence that was witnessed across the country.

Lai Mohammed: My only regret as minister

Nigeria’s Minister of Information and Culture, Lai Mohammed, has said his only regret as a minister is that some Nigerians have failed to appreciate that the administration of President Muhammadu Buhari is doing so much with little resources.

Court declines to stop Ohanaeze Ndigbo’s election

The Federal High Court in Abuja, on Monday, declined to issue an interim injunction to restrain apex Igbo socio-cultural group, Ohanaeze Ndigbo, from going ahead with its planned election.
House of Representatives has elected to set a limit and timeframe for any person appointed as the Chairman of the Economic and Financial Crimes Commission, EFCC on acting capacity.

House of Reps to investigate alleged award of N19.2 billion contract to ghost company

The House of Representatives is set to investigate the N19.2 billion railway rehabilitation contract awarded to Eser Contracting Industry Company Incorporated in March 2011.

NDIC: Why deposits in closed banks remain unclaimed

The Nigeria Deposit Insurance Corporation (NDIC) on Friday explained why failed banks retain high volume of unclaimed deposits, long after they have closed.

NIMC insists on deadline for linking of NIN to mobile numbers

Despite criticisms from many Nigerians of the two-week ultimatum for the registration and linking of National Identity Number (NIN) to mobile numbers, the federal government has insisted on the deadline.

Two directors drag Green Energy chairman to court for alleged unlawful removal, injustice

Two directors of an oil and gas company, Green Energy International Ltd., have taken their business partners to court, alleging injustice, cheating and demanding N250 million in damages.
The Economic and Financial Crimes Commission (EFCC) on Thursday in an FCT High Court in Maitama, re-arraigned a deputy director with the National Emergency Management Agency (NEMA), Emenike Umesi, for alleged misappropriation of N54.3 million.

‘Polytechnic rector’ jailed for defrauding students of N1.1 million

The federal high court in Enugu has convicted Isidore Nwankwo, who was said to have paraded himself as the rector of Enugu Polytechnic, Ndeabor, for defrauding students of the institution of N1,153,700.

Recent Stories

FILE PHOTO - A worker looks on as the second delivery of the Johnson & Johnson coronavirus disease (COVID-19) vaccine is offloaded at the O.R Tambo International Airport in Johannesburg, South Africa, February 27, 2021. Kim Ludbrook-Pool via REUTERS

South Africa signs J&J vaccine deal, eases restrictions

South Africa has signed an agreement with Johnson & Johnson to secure 11 million COVID-19 vaccine doses and will ease restrictions due to a decline in new cases, President Cyril Ramaphosa said on Sunday.
Manchester United’s Norwegian manager Ole Gunnar Solskjaer (L) congratulates players on the pitch after the English Premier League football match between Chelsea and Manchester United at Stamford Bridge in London on February 28, 2021. – The game finished 0-0. (Photo by Ian Walton / POOL / AFP)

Manchester United rages at penalty talk as team draw another blank

Ole Gunnar Solskjaer believes Manchester United are being negatively influenced by opposition managers referring to their penalty record after being denied a spot-kick in a 0-0 draw at Chelsea on Sunday.
Gov. Bello Matawalle of Zamfara has said that construction work on the Gusau Airport project would commence this month.

Zamfara governor: Abducted schoolgirls will be released soon

Governor Bello Matawalle of Zamfara State has said that the abducted students of Government Science Secondary School, Jangebe, will be released very soon.

Primate Ayodele: President Buhari has broken Nigeria’s unity

The Leader of INRI Evangelical Spiritual Church, Primate Elijah Ayodele, has once again knocked the President of Nigeria, Muhammadu Buhari, over the unsecured state of the country.
NANS National President, Comrade Sunday Asefon

NANS asks Nigerian government to declare abductors of students terrorists

Following the gale of abductions of school children in the Northern part of the country, the National Association of Nigerian Student (NANS), has advised the federal government to list bandits perpetrating such horrendous crime as terrorists.

Most Popular

The Minister of State for Petroleum Resources, Chief Timipre Sylva, has said that more private and public sector collaboration will be encouraged as Nigeria steps up effort to realise its target of boosting domestic gas utilisation.

Niger Delta group dismisses $27 million bribe allegations against Timi Sylva, Simbi Wabote

An advocacy group, Niger Delta Peace Dialogue Initiative, NDPDI, has described as tissues of lies the allegations of $25 million and $2 million bribe taking against the Minister of State for Petroleum Resources, Chief Timipre Sylva, and Executive Secretary, Nigerian Local Content Development and Monitoring Board, Chief Simbi Wabote, respectively.
Fernandinho has denied reports he has been offered a role on Pep Guardiola’s coaching staff at Manchester City, and has insisted he will not make a decision on his future until the end of the season.

Fernandinho denies being offered Manchester City coaching role

Fernandinho has denied reports he has been offered a role on Pep Guardiola’s coaching staff at Manchester City, and has insisted he will not make a decision on his future until the end of the season.
The Nigeria Centre for Disease Control (NCDC) says 75 healthcare workers tested positive for COVID-19 in the last week across the country. Its Director-General, Dr Chikwe Ihekweazu, made this known at the national briefing of the Presidential Task Force on COVID-19 on Monday in Abuja.

NCDC: Coronavirus infection higher in males than females in Nigeria

A survey has found infection rates of COVID-19 to be higher among males than females in the country.
Ms. Amina J. Mohammed was Minister of Environment of the Federal Republic of Nigeria from November 2015 to December 2016, where she steered the country’s efforts on climate action.

UN deputy chief: Nigeria’s economy has shown resilience, on the right path

Deputy secretary-general of the United Nations, Amina Mohammed said Nigeria’s economy has shown resilience and is on the path of growth though its pace is slow.

Wizkid, Fireboy set new record with wins at the Headies

Nigerian artistes, WizKid and Fireboy DML, set a record new records at the 14th edition Headies Award which was held on Sunday in Lagos.