Category: Business
CBN to unveil 5 year economy plan, plans movie, music academies
The governor of the Central Bank of Nigeria (CBN), Godwin Emefiele is set to unveil the five year plan of the apex bank which would be centered on gro [...]
Oando, SEC, urged by stakeholders to settle out of court
Stakeholders in the capital market have urged Oando Plc and the Securities and Exchange Commission (SEC) to opt for an out-of-court settlement of thei [...]
Femi Otedola sells 75% stake in Forte Oil
Businessman and philanthropist, Femi Otedola, has announced his exit from Forte Oil Plc with divestment of 75 per cent stake in the company. Specifica [...]
Buhari appoints Mele Kolo Kyari as new NNPC GMD
President Muhammadu Buhari has appointed Mele Kolo Kyari as the new Group Managing Director of the Nigerian National Petroleum Corporation (NNPC). The [...]
NTA barred indefinitely from UK cable platform, Sky
The Nigerian Television Authority, NTA, at the moment, is no longer transmitting via Sky Limited, the largest digital satellite television service pla [...]
More woes for Oando as two directors resign
As the crisis in Oando Plc worsens, two independent non-executive directors of the company, Sena Anthony and Oghogho Akpata, have tendered their resig [...]
Tinubu battles, gets restraining order against SEC, Sunmonu
The embattled chief executive officer of Oando Plc, Wale Tinubu, yesterday obtained a court injunction against the Securities and Exchange Commission [...]
Oando PLC head office taken over by police
Following an order by the Securities and Exchange Commission, SEC to Oando boss, Wale Tinubu, to hand in his resignation while also barring him as wel [...]
SEC staff shut office to prevent reinstatement of Gwarzo
The staff of Securities and Exchange Commission (SEC) in the early hours of this morning shut down the commission’s office in Abuja, over attempts to [...]
Oando vows to challenge SEC sanction against it
Following an order by the Securities and Exchange Commission, SEC to Oando boss, Wale Tinubu to hand in his resignation and his barring as well as tha [...]