Home Topics Investment and Securities Act
Investment and Securities Act
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.
Shareholders of Oando Plc have demanded the sack of Kemi Adeosun, minister of finance, for allegedly interfering with the stock market.
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.
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.
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
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).
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.
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.
Michy Batshuayi has dismissed speculation his loan from Chelsea to Valencia could be cut short.
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.
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, has declared that the Independent National Electoral Commission (INEC) lacks the capacity to conduct credible polls in 2019.
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.
Banking giants, Zenith International Bank PLC has heaped encomiums on the Nigeria Football Federation for the progress the Federation has made with the Nigeria cadet teams since the signing of the partnership agreement between both establishments a couple of years ago.
The Hope Democratic Party (HDP) has dragged the Independent National Electoral Commission (INEC) to court over the short period given to parties to campaign in preparation for the 2019 general election.
Approximately 30 miles and an hour's train journey south of Portugal's capital, Lisbon, is Setubal. The working-class fishing city, where the Sado River meets the Atlantic Ocean, has a population of 90,000, but its most famous son spends most of his days some 1,500 miles away, working in England as manager of Manchester United.
The Minister of Information and Culture, Alhaji Lai Mohammed, has said that the Federal Government expended N2.7 trillion on agriculture and provision of other critical infrastructure in the 2017 budget.
North Korean leader Kim Jong Un has supervised the testing of a “high-tech” new weapon, Pyongyang’s state media reported Friday, in a move that raises the temperature over denuclearisation talks with United States.