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Investment and Securities Act

President Buhari swears In Acting Chief Justice of Nigeria Justice Ibrahim Tanko Mohammed in State House on 25th Jan 2019-6

President Buhari assents to law protecting consumers

The Act establishes the Federal Competition and Consumer Protection Commission as well as the Consumer Protection Tribunal to try violations.
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.

Recent Stories

PDP: INEC released excess result sheets to encourage rigging

The Peoples Democratic Party in Ekiti State on Sunday accused the Independent National Electoral Commission in the state of providing for electoral fraud in last Saturday’s rescheduled presidential and National Assembly elections by releasing excess polling units result sheets, Form EC8A.

Katsina donates N500,000 to parents of deceased corps member

The Katsina State government has donated the sum of N500,000 to the parents of a corps member, Ibrahim Shehu Zango, who died recently in a ghastly motor accident.

Catholic bishop urges Nigerians to keep faith with INEC

Bishop Paulinus Ezeokafor of the Catholic Diocese of Awka, has called on Nigerians to adjust to the inconveniences that the shift in the dates for the conduct of the general elections would cause them.

3000 dump PDP for APGA in Anambra

Over 3,000 members of the People’s Democratic Party (PDP) in Anambra South Senatorial zone at the weekend dumped the party for the All Progressives Grand Alliance (APGA).
Samuel Umtiti Barcelona

Samuel Umtiti set for Barcelona return against Lyon

Samuel Umtiti is set to make his long-awaited return from injury after Barcelona named him in the squad on Sunday to face Lyon in the Champions League.