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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.

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Director-General, National Information Technology Development Agency (NITDA), Dr. Isah Pantami

FEC approves name change for Ministry of Communications

The Federal Executive Council on Wednesday approved the renaming of the Federal Ministry of Communications as Federal Ministry of Communications and Digital Economy.
The Minister of Youth and Sports Development, Sunday Dare, Wednesday approved funds to repay IAAF, for the excess fund the World Athletics body mistakenly transferred to Nigeria.

Sports minister approves fund to refund IAAF overpayments

The Minister of Youth and Sports Development, Sunday Dare, Wednesday approved funds to repay IAAF, for the excess fund the World Athletics body mistakenly transferred to Nigeria.
The China Civil Engineering and Construction Company, contractors handling the ongoing Lagos-Ibadan standard gauge rail line, says it has made appreciable progress in Lagos section in spite of impediments.

Lagos-Ibadan rail: We’re overcoming impediments in Lagos section – CCECC

The China Civil Engineering and Construction Company, contractors handling the ongoing Lagos-Ibadan standard gauge rail line, says it has made appreciable progress in Lagos section in spite of impediments.

Police declare four cultists wanted in Lagos

This followed confessional statement of seven Eiye confraternity members who were recently charged to court after men of the Special Anti Robbery Squad, Iju base rounded them up.
Canadian prime minister Justin Trudeau has admitted to wearing brownface makeup during a 2001 event at a school where he was teaching, saying it is something he “regret[s] deeply”.

Prime Minister Justin Trudeau rules out coalition as he forms new Canadian government

Canadian Prime Minister Justin Trudeau on Wednesday ruled out forming a coalition government despite an election victory that left his Liberals short of a majority.