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Forte Oil shareholders task new management on sustainable dividends

Some shareholders of Forte Oil (FO) Plc on Tuesday tasked the new management of the company on continuous payment of dividend and adherence to good corporate governance.

Shareholders condemn SEC’s suspension of Oando annual general meeting

The Pramatic Shareholders Association of Nigeria (PSAN) has condemned the Securities and Exchange Commission's (SEC) suspension of the 42rd Annual General Meeting of Oando Plc which was scheduled to take place on Tuesday, June 11, 2019.

Oando saga: Operators seek federal government intervention, laud SEC’s audit outcome

Capital market operators on Wednesday called for urgent intervention of the Federal Government in the conflict between the Securities and Exchange Commission (SEC) and Oando Plc.

Shareholders task SEC on minority investors’ protection

Shareholders have urged the Securities and Exchange Commission (SEC) and the Nigerian Stock Exchange (NSE) to introduce policies that would enhance minority shareholders’ protection in 2019.
national assembly abuja

Muhammadu Buhari’s 2019 budget presentation under threat as National Assembly workers go on strike

The 2019 budget presentation by President Muhammadu Buhari next week is under serious threat as the Parliamentary Staff Association of Nigeria has vowed to embark of four days warning strike over unpaid allowances.

Insurance industry loses N74 billion to 14 million uninsured automobiles

The number of uninsured automobiles on Nigerian roads have increased to about 14.7 million, making the insurance industry to lose about N73.5 billion annually, LEADERSHIP can exclusively reveal.

Four banks pay N493.2 million fines in 2 years

Four commercial banks paid fines totalling N493.27 million in two years for contravening the Banks and Other Financial Institutions Act (BOFIA), thereby depleting the shareholders’ funds of the banks.

Economist urges National Assembly to appropriate more funds for infrastructure

An economist, Mr Boniface Ekezie, on Tuesday urged the National Assembly to appropriate more budgetary allocations for the nation’s infrastructure in order to accelerate growth in the economy.

Recent Stories

HRW: Gambian ex-dictator Yahya Jammeh ‘handpicked’ women for rape

Former Gambian president Yahya Jammeh "handpicked" women whom he would rape or sexually coerce, offering cash, gifts and other privileges in exchange, international rights groups said on Wednesday.
Gernot Rohr

Afcon bonus row: Super Eagles accept to play Guinea after Gernot Rohr’s pleas

Super Eagles’ technical adviser Gernot Rohr came to the rescue of the nation when he pleaded with the protesting Super Eagles’ players who refused to attend morning training session as a result of unpaid allowances and match bonus.
Ghana captain Andre Ayew and Benin captain Abdou Adenon with match officials the 2019 Africa Cup of Nations Finals game between Ghana and Benin at Ismailia Stadium in Ismailia, Egypt on 25 June 2019 © Ryan Wilkisky-BackpagePix

Afcon: Ghana could have lost against Benin – Jonathan Mensah

Ghana defender Jonathan Mensah is delighted to see Ayew brothers, Andre and Jordan up and running at the Africa Cup of Nations (Afcon) in Egypt.
Ogun state governor Prince Dapo Abiodun has tweeted his real official portrait, as against the image that is being circulated by street traders in Abeokuta, the capital.

N7 billion loan: APM raises alarm, slams Governor Abiodun

The Ogun chapter of Allied Peoples’ Movement (APM) Ogun State has described Gov. Dapo Abiodun’s claim that he borrowed N 7 billion to pay May salary as suspicious.

Gunmen kidnap 10 passengers on Akure-Ikire expressway

Some passengers, including the driver of a commercial eighteen-seater bus, were reportedly abducted along Akure/ Ikere Ekiti road by unknown gunmen.