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ICPC asks court to dismiss no-case-submission by suspended SEC chief

The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has asked the Federal Capital Territory (FCT) High Court to overrule a No-Case Submission filed by the suspended Director-General of the Securities and Exchange Commission (SEC), Mounir Gwarzo, and a former Executive Commissioner of the agency, Zakawanu Garuba.
Dr Herbert Wigwe, Managing Director of Access Bank Plc

Access, Diamond Banks get final approval to merge

Access Bank Plc and Diamond Bank Plc have gotten final merger approvals from the Central Bank of Nigeria (CBN) and the Securities and Exchange Commission (SEC).

N115 million fraud : No prima facie against me – Ex-SEC chief tells court

The suspended Director-General of the Securities and Exchange Commission (SEC), Dr Mounir Gwarzo, on Monday, told an FCT High Court Maitama that the prosecution did not establish any prima facie case against them to enter any defence.
Nigerian Stock Exchange NSE

NSE, GRI to host sustainability reporting workshop

The Nigerian Stock Exchange (NSE) in partnership with the Global Reporting Initiative (GRI), supported by UK aid, hosts a half-day workshop on sustainability reporting where the NSE Sustainability Disclosure Guidelines will be unveiled.

ADC suspends officials alleged anti-party activities

The Oyo State chapter of the African Democratic Congress (ADC) on Friday announced the suspension of its Chairman, Dr. Ahmed Ayinla, Publicity Secretary of the party, youth leader and five other executive members on “anti-party” grounds.
Zainab Ahmed

Federal government urges national savings to boost capital market liquidity

The Minister of Finance, Mrs. Zainab Ahmed, has said that the Federal Government is willing to set up a National Savings Committee that will make recommendations to the government on the best ways to mobilise savings that would lead to economic growth.

Yobe earmarks N6.2 billion for roads, education

The Yobe State Executive Council (SEC) has approved and earmarked the sum of N6.2 billion for the execution of capital projects in roads and education sectors of the economy.
Simon Lalong Plateau

Plateau NLC chairman resigns, appointed Governor Lalong’s special adviser

Comrade Jibrin Banchir, Chairman, Nigeria Labour Congress (NLC), Plateau Council, on Wednesday resigned his position as the Chairman of the labour movement.

SEC approves Access Bank’s book build for proposed green bond subscription

Securities and Exchange Commission (SEC), the institution in charge of regulating the Nigerian Capital Market has approved the book build in respect of the proposed Green Bond, issued by Access Bank Plc.

CACOL tasks new ICPC chair to revisit corruption case against Gwarzo

Centre for Ant-Corruption and Open Leadership (CACOL) has called on the newly sworn-in Independent Corrupt Practices and Other Related Offences Commission (ICPC) chairman, Bolaji Owasanoye, to probe the alleged high-level corruption against former Director-General of the Securities and Exchange Commission (SEC), Mounir Haliru Gwarzo.
Magnus Abe

Rivers APC crises: Senator Magnus Abe heads to Supreme Court

The Senator representing Rivers South-East Senatorial District in the National Assembly, Magnus Ngei Abe, has said he and others would approach the Supreme Court for proper interpretation of the merits of a suit which he brought before the Court of Appeal seeking a declaration that he and 42 others be affirmed as authentic candidates of the party but was struck out by the Appeal Court sitting in Port Harcourt.

SEC shuts firm over illegal management fund operations

The Securities and Exchange Commission’s (SEC) recent onslaught against companies engaged in illegal fund management has claimed its second casualty – Growing Circle, a Lagos-based firm.

Delta APC factions unite ahead of elections

Ahead of the March 9, 2019 governorship election in Delta State, leaders of the various factions of All Progressive Congress (APC) in Delta State have signed an agreement, resolving to work together to deliver the party’s candidates.
The logo of Apple is seen at a store in Zurich, Switzerland January 3, 2019. REUTERS-Arnd Wiegmann

Ex-Apple lawyer accused of $600,000 insider trading gains

A lawyer who oversaw Apple's insider trading safeguards is facing charges of using confidential information to earn $600,000 (£466,000).

Stockbrokers reiterate call for reconstitution of SEC board

The stockbroking community has reiterated the need to re-constitute the board of the Securities and Exchange Commission (SEC) and accord the commission a status of independence like the Central Bank of Nigeria (CBN), in line with global best practices.

SEC shuts down Ponzi scheme in Kano

The Securities and Exchange Commission (SEC) has sealed off the premises of Dantata Success and Profitable Company, Kano for engaging in illegal capital market activities,

Governor Dickson swears in four new commissioners

Seriake Dickson, the Bayelsa State governor, at the weekend swore in four newly appointed commissioners into the State Executive Council (SEC), decrying neglect of the state by the Federal Government.

Merger: Access Bank announces shareholders meeting

Pursuant to its planned acquisition of Diamond bank PLC, Access Bank Friday announced the schedule for the court-ordered shareholders meeting for March 5, 2019.

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Kazakhstan has renamed its capital Nur-Sultan, in honour of the country's longtime president who resigned in a surprise move earlier this week.

Kazakhstan renames capital to honour ex-leader

Kazakhstan has renamed its capital Nur-Sultan, in honour of the country's longtime president who resigned in a surprise move earlier this week.

Police arrest three suspects over ‘humiliating’ nude woman in viral video in Anambra

The Police Command in Anambra has arrested three persons allegedly involved in production and circulation of a viral video where a nude woman was humiliated.
Mrs Iyabo Toluhi (nee Adesanmi), the elder sister of the late Prof. Pius Adesanmi, on Saturday described the death of his brother as a great loss to the family and community.

Pius Adesanmi’s demise a great loss to our family – sister

Mrs Iyabo Toluhi (nee Adesanmi), the elder sister of the late Prof. Pius Adesanmi, on Saturday described the death of his brother as a great loss to the family and community.
All Progressives Congress (APC) Nigeria

Lagos elections: APC wins Ibeju-Lekki supplementary polls

The Independent National Electoral Commission (INEC) has declared the All Progressives Congress (APC) candidate for Ibeju-Lekki State Constituency I, Mr Fatai Mojeed, winner of the supplementary election in the area.

Senator-elect Ifeanyi Ubah backs Ahmed Lawan for Senate President

Anambra South Senator-elect, Mr Ifeanyi Ubah, has pinched tent with a group of elected lawmakers in the incoming 9th Senate led by Sen. Ahmed Lawan.