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Investments and Securities Act
The Minister of Finance, Mrs. Kemi Adeosun, on Friday approved the reassignment of portfolios in the Securities and Exchange Commission (SEC).
The Nigerian Stock Exchange, NSE, has commenced moves to curtail the usual free fall in the share prices of newly listed companies.
The Federal Government of Nigeria has appointed Dr Abdul Zubair, the acting Director General of the Securities and Exchange Commission (SEC) with immediate effect. He was before the appointment, the Director in charge of External Relations in the Commission.
PenCom’s representative, Ibrahim Kangiya said the commission has instituted measures towards protecting pensions funds, assuring that, though there were still hitches, appreciable success was being expected soon.
SEC has also withdrawn the operating licences of Partnership Investment Company Plc and Partnership Securities Limited. The Chairman of the companies, Mr. Henry Omoragbon, was also suspended for a period of five years from engaging in capital market activities in Nigeria.
A disbarred Lagos Lawyer, Ephraim Emeka Ugwuonye, has been charged before a High Court in Abuja, alongside four others over their alleged involvement in the alleged killing of Abuja business woman, Charity Aiyedogbon.
South Africa international Percy Tau felt that they were unlucky not get the three points against Nigeria on Saturday.
The Independent National Electoral Commission (INEC) on Saturday night declared the candidate of the All Progressives Congress (APC) as winner of the Ekiti/Irepodun/Isin/Oke-Ero Federal constituency bye-election in Kwara state.
Egypt has sentenced an alleged Islamic State supporter to death for stabbing and killing an 82-year-old Christian doctor in Cairo.
Police in the US state of Ohio arrested a husband and wife and their two sons Tuesday over the “meticulously planned” murder of eight people — seven members of the same family and a fiancee.
The Baale of Ferowa village in Ifo local government area of Ogun state, Chief Muyideen Folorunso, has been arrested by men of Ogun State Police Command for involvement in alleged dubious land deal worth N15.5 million.
The All Progressives Congress governorship candidate for the 2019 election in Enugu state, Senator Ayogu Eze, says he has no case with anti-graft agencies.