Gwarzo: SEC workers have no right to stop court ordered return—Lawyer
Contrary to Monday morning’s closure of the Securities and Exchange Commission (SEC) Abuja secretariat’s main gate to stop possible resumption of the suspended Director General, Mounir Gwarzo, Abuja lawyer and human right activist, Nura Audu, has described the act as…
Nigeria’s tax structure squeezing investors,’ silent on consumers—LCCI decries
The leadership of the Lagos Chamber of Commerce and Industry (LCCI), has again, called for a total restructuring of the nation’s tax system to give breathing space for manufacturers and production entities. In an agenda setting document for the Federal…
SEC ambushes Oando’s court action plot, appoints interim management team
Just as strong indication emerged weekend that the embattled management of Oando Plc has resolved to challenge the Securities and Exchange Commission (SEC) on the outcome of its forensic audit at a competent court of jurisdiction from today (Monday), the…
Honeywell: Ecobank erred to already sealed understanding—Court rules
A Federal High Court in Lagos, last week ruled that Honeywell’s payment of N3.5 Billion between 2013 and 2014 constitutes the full and final settlement of its indebtedness to Ecobank Nigeria Limited. Trouble had started in August 2015, when two…
Transparency’ll help listed firms access long-term sustainable capital—Onyema
The Chief Executive Officer of the Nigerian Stock Exchange (NSE), Mr Oscar Onyema, has observed that promoting transparent disclosures on environmental, social and governance issues can help listed companies access the long-term sustainable capital that will help them contribute their…
Nigeria’s oil sector bleeds up to 92.9% of total illicit flows—NEITI
Fresh report by the Nigeria Extractive Industries Transparency Initiative (NEITI), has decried the jumping yearly losses to Illicit Financial Flows (IFFs) in Nigeria, saying about 92.9 per cent of the total bleeds away from the oil and gas sector. Illicit…
Just in: First two action Govs serious in business of governance emerge
Out of 29 governors sworn in yesterday, two among them have flagged off show of governance in their respective states with far reaching official decisions and actions. The state chief executives are Governor Emeka Ihedioha of Imo and Mr Babajide…
Market makers’ seek to know all brokerage firms handling buying, selling of MTN shares
As industry analysts continue to dig deep into why the listing of MTN Nigeria shares apparently become controversial shortly after the Free Float entry model, stakeholders and key market makers’ are currently seeking to observe the list of all brokerage…
Dangote Cement Plc flags off NSE’s maiden FBSR at Stock Exchange today
Latest accountability innovation introduced by the Nigerian Stock Exchange (NSE), will today launch Facts Behind the Sustainability Report (FBSR), with Dangote Cement Plc (DCP) presenting at the maiden edition at the Stock Exchange House, Lagos. Styled after the NSE’s flagship…
Ghanaian GCB Bank plans Anglo-West Africa expansion, Nigeria, others in view
Before the end of the year, chances of a Ghanaian financial institution entering the already saturated Nigerian banking industry are green very possible. This is coming on the heels of leading Ghanaian banking group, the GCB Bank, disclosing its plans…
