Jurisdictions

The Securities and Exchange Commission on Thursday warned the investing public to tread with caution as there are several unregistered online investment and trading platforms facilitating access to trading in securities listed in foreign markets.

Finnish telecom equipment maker, Nokia Corp., said on Wednesday it had concluded a multi-year multi-technology patent cross-license agreement with Chinese personal computer and mobile maker Lenovo Group Ltd.

A Civil Society Organisation, CSO, Yiaga Africa, Wednesday, expressed worry, kicked and called for the amendment of the controversial Companies and Allied Matters Act 2020.

The Chairman of Benue State Traditional Council and paramount ruler of the Tiv tribe, Tor Tiv His Majesty, Prof. James Ayatse has assured Governor Samuel Ortom of adequate protection by the Tiv Traditional Council despite threat to his life by a Fulani group.

Speaking at the Securities and Exchange Commission yearly Budget Seminar with the theme “Financing Nigeria’s Budget and Infrastructure Deficits through the Capital Market” held virtually Thursday, the minister said, “experiences have shown that the Nigerian capital market has been quite supportive in providing the necssary funds needed to finance government’s needs”.

The African Development Bank (AfDB) has been named the “Best Multilateral Financial Institution in the world for 2021”. The prestigious US magazine, Global Finance, specialising in financial markets and investment banking, did the assessment and announced the award.

Some civil society groups have raised concerns about spike in criminal activities ranging from armed banditry, abductions and killings, especially in the northern and central parts of the country.

Australian police said on Tuesday an investigation into a rape allegation against an unidentified cabinet minister was closed after authorities concluded there was insufficient

Stakeholders in the oil and gas industry, Thursday demanded a raise of the oil operating expenditure from 2.5 per cent to 10 per cent for host communities in the new petroleum industry bill (PIB).

The Chairman of the Independent Corrupt Practices and Other Related Offences Commission (ICPC), Prof. Bolaji Owasanoye, SAN, on Tuesday said virtual assets and cryptocurrencies are risky for implementation in Nigeria.

Thirty–six State Governors under the aegis of the Nigeria Governors’ Forum, NGF, has said that Nigeria as a country cannot sustain open grazing, just as they stressed the need to strengthen the National Livestock Transformation Plan.

A coalition of 27 human rights and advocacy groups has petitioned 31 Embassies, including European Union (EU), United Kingdom, and many African countries, urging them to reject the posting of former Chief of Army Staff, Lt General Tukur Buratai (rtd), and others over human rights abuses and extra-judicial killings perpetrated under his leadership as army chief.

Adoke, in his petition dated February 5, claimed that the evidence presented against him at the Italian court was “forged” with the intent to interfere with the course of justice.

Mr Boss Mustapha, Chairman, Presidential Task Force (PTF) on COVID-19 and Secretary to the Government of the Federation, said Nigeria recorded four cases of COVID-19, B117 variant strain, first reported in the UK.

Kebbi Governor, Alhaji Atiku Bagudu, on Tuesday, observed that Nigeria had always been disposed to maintaining peace with her neighbours, especially on thorny boundary issues.

The United States says it will hold off slapping tariffs on French cosmetics, handbags and other imports in retaliation for a digital services tax (DST) Washington says will harm US technology firms, while it investigates similar taxes elsewhere.

More than a million people have received their first dose of a Covid-19 vaccine in the United States, Centers for Disease Control and Prevention (CDC) director Robert Redfield said Wednesday.

President Muhammadu Buhari says his administration will embark on a comprehensive health sector reform aimed at providing a world class 21st century health care system, capable of responding effectively to future pandemics.

Nigeria is advising its sub-regions to limit public gatherings, close bars and night clubs over the next five weeks amid a spike in new Covid-19 cases, a government coronavirus task force said on Monday.

The Federal Government has ordered the closure of bars, nightclubs, and restaurants across the country, just as it reduced the number of guests at weddings, conferences, among others, to 50, following the second wave of COVID-19.

As investors’ confidence is gradually returning to the Nigerian capital market despite the lull in economic activities, the United Capital Plc, leading fund manager in Nigeria has recorded another landmark with the launching of the nation’s first designated mutual fund for N1.0 billion Sukuk Fund.

The Economic and Financial Crimes Commission (EFCC) on Wednesday arraigned a hacker, Chris Ihebuzor, before at an Ikeja Special Offences Court for alleged stealing, cyber stalking and extorting money from Access Bank Plc.