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Investment and Securities Act

Justice Adama Iyayi-Lamikanra

Justice Adama Lamikanra suggests alternative dispute resolution of investment, security matters

The Chief Judge (CJ) of Rivers, Justice Adama Iyayi-Lamikanra, has suggested the use of Alternative Dispute Resolution (ADR) mechanisms in resolving matters arising from investment and securities.

Oando shareholders demand Minister Kemi Adeosun’s sack

Shareholders of Oando Plc have demanded the sack of Kemi Adeosun, minister of finance, for allegedly interfering with the stock market.

Minister explains reinstatement of trading on Oando shares

While the shareholder groups have accused Adeosun of “unwholesome interference” in the nation’s capital market and meddling in the operations of SEC, and demanded her immediate sack, the minister has denied the allegations, saying the shareholder groups were speaking out of ignorance.

How suspended SEC chief Mounir Gwarzo spent N1.7 billion on ‘golden handshake’ – panel

The embattled former Director General of the Securities & Exchange Commission, SEC, Mounir Gwarzo, appears to be in more trouble as fresh allegations emerged Thursday that he spent over N1.7 billion on ‘golden handshake’ to some staff without due process and approval.

Minister Kemi Adeosun asked me to stop Oando audit – Munir Gwarzo

The Minister of finance, Kemi Adeosun, and the suspended Director General of Securities and Exchange Commission, SEC, Munir Gwarzo have disagreed over the legality of the controversial suspension of the latter.g

Senator Saraki pledges quick passage of CAMA, ISA Bills

President of the Senate, Dr. Abubakar Bukola Saraki, on Wednesday reiterated the commitment of the 8th National Assembly to swiftly consider and pass required amendments to the Companies and Allied Matters Act (CAMA) and the Investment and Securities Act (ISA).

Court strikes out Oando’s suit to stop forensic audit

A Federal High Court sitting in Lagos has struck out a case filed by Oando PLC against the Securities and Exchange Commission (SEC) seeking to stop SEC from conducting a forensic audit on the company and also lift a technical suspension placed on its shares.

Tax incentives alone will not attract investors – Expert

Mr Taiwo Oyedele, a tax expert, says only tax incentives to industries without addressing other challenges will not bring about the desired economic growth in Nigeria.

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Michy Batshuayi has dismissed speculation his loan from Chelsea to Valencia could be cut short.

Chelsea’s Michy Batshuayi dismisses reports of Valencia departure

Michy Batshuayi has dismissed speculation his loan from Chelsea to Valencia could be cut short.
Suleiman Adamu, Minister Of Water Resources

Suleiman Adamu: Federal government awarded 163 contracts worth N2.6 billion in three years

The Federal Government, on Thursday, announced that it awarded 163 contracts at total sum of over N2.6 billion for the execution of water supply projects across the country over the last three years of the present administration.
French President Emmanuel Macron and Moroccan King Mohammed VI shake hands as they inaugurate a high-speed line at Rabat train station, in Rabat, France November 15, 2018. Christophe Archambault-Pool via Reuters

Morocco inaugurates Africa’s fastest train

King Mohammed VI and French President Emmanuel Macron boarded the train for the inaugural trip from Tangier to the capital Rabat.
Rivers State Governor Nyesom Wike

Nyesom Wike: INEC lacks capacity to conduct credible polls

Rivers State Governor, Nyesom Wike, has declared that the Independent National Electoral Commission (INEC) lacks the capacity to conduct credible polls in 2019.
Itumeleng Khune

Itumeleng Khune banks on good Bafana Bafana defensive record to help beat Super Eagles

Bafana Bafana goalkeeper Itumeleng Khune believes his side’s defensive record of four clean sheets can help the team overcome the Super Eagles of Nigeria.