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Minister of Finance, Kemi Adeosun, says she cannot be blackmailed over her suspension of the Director-General of the Securities and Exchange Commission (SEC), Mr. Mounir Gwarzo due to alleged fraud, saying that the suspended SEC boss awarded contracts to companies related to him and members of his family.
The Minister of Finance, Kemi Adeosun, on Thursday said her decision to suspend the embattled Director General of the Securities and Exchange Commission, Mounir Gwarzo, followed his attempt to blackmail her over the ongoing probe of Oando Plc.
Federal workers under the auspices of the Association of Senior Civil Servants of Nigeria on Wednesday thrown its weight behind the Federal government over the suspension of Mr Mounir Gwarzo as Director-General Securities and Exchange Commission.
Festus Keyamo, Senior Advocate and Human Rights lawyer, on Wednesday warned against politicizing the investigation of suspended Director General of the Securities and Exchange Commission, SEC, Mounir Haliru Gwarzo.
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.
The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr Maikanti Baru, has pledged to deepen support to indigenous companies in Nigeria’s oil and gas industry.
The Nigerian National Petroleum Corporation (NNPC) has pledged to provide more support to indigenous companies in Nigeria’s Oil and Gas Industry.
Across Africa, the Public Private Partnership (PPP) model has become increasingly critical as both a funding and operational mechanism for social and economic infrastructures
The economic recovery is also evident in the third-quarter results of the financial sector. Access Bank declared N365 billion earnings, a 33% increase from N275 billion in same period in 2016 while FBN Holdings declared N45.8 billion, up by 5.2% from N417.4 billion in Q3 2016 amongst others.
The Nigerian Stock Exchange, NSE, on Monday placed shares of Oando Plc on technical suspension.
The Nigerian Stock Exchange (NSE) says it has partially lifted the suspension placed on shares belonging to Oando Plc.
The Economic and Financial Crimes Commission (EFCC) says it has recovered N329.150billion from 10 oil marketers from 2016 to date.
Nigeria's Forte Oil said on Friday it was in talks with a major refinery to form a strategic partnership for local refining of petroleum products in Africa's top oil exporter, its chief executive said.
The House of Representatives Committee on Public Accounts on Monday summoned the Minister of Finance, Zainab Ahmed; Director-General, Budget Office of the Federation, Ben Akabueze; and other officials of the Ministry of Finance to shed light on duty waivers granted to some companies.
Vice-President Yemi Osinbajo has said think-tanks play an important role in national development to unlock the mystery of failed or poorly implemented policies and projects, but more importantly, promote a practical, nitty-gritty guide to implementing projects and policies.
Thomas Tuchel has urged Tammy Abraham to fight for his Chelsea place after leaving the England striker out of Sunday's squad to face Manchester United.
The World Trade Organization’s new director-general said on Monday the trade body needs to work with companies to open up more manufacturing sites for COVID-19 vaccines in developing countries.
Residents of Nsukka town in Nsukka Local Government Area of Enugu State have expressed worry over the recent hike in the price of cooking gas.
President Muhammadu Buhari has expressed sadness over the death of former Saudi Arabia’s longest serving Oil Minister, Sheikh Ahmed Zaki Yamani, who died at a London hospital at 90.
Kabiru Mohammed, the driver of Adamawa United FC, who was kidnapped along Benin-Lagos highway, has been released by his abductors.
The Abuja Division of the Federal High Court, on Tuesday, discharged and acquitted the former Chief of Air Staff, Air Marshal Mohammed Umar Dikko, on six out of the seven-count money laundering charge the Economic and Financial Crimes Commission, EFCC, preferred against him.
The Premier League title holders have endured an injury-ravaged 2020-21 campaign, with inability to name a settled starting XI leading to uncharacteristic, but not all that surprising, inconsistency.
The Court of Appeal sitting in Lagos, Tuesday, dismissed Facebook’s appeal challenging the judgment of a Federal High Court, Lagos, which awarded N10 million against it (Facebook) in favour of a Nigerian firm, Double Paws Enterprise, as damages for unlawfully interfering with the use of the firm’s trademark.