The Securities and Exchange Commission (SEC) has said neither MTN Nigeria Limited nor any of its advisers or representatives has filed any application with the SEC regarding an Initial Public Offering (IPO). The Commission in a Circular in Abuja weekend signed by its Management, said its attention has been drawn to a publication in pages 1 & 38 of Business …

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Nigeria’s fully integrated telecommunications company, Globacom, has lent its support to the Chartered Institute of Personnel Management (CIPM) to organise a capacity-building forum for top-level human resource professionals in the country. The forum, co-sponsored by Globacom, featured one of the world’s most renowned executive coaches, John Mattone, among other resourceful persons who addressed an august audience of Nigeria’s foremost human …

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The President of a Mapo Customary Court in Ibadan, Ademola Odunade, on Friday dissolved the 19-year marriage between one Kehinde Anthony and husband, Samuel, over threat to life and irreconcilable differences. Odunade said that the court had no other option than to dissolve the union as a result of irreconcilable differences. He ordered that the petitioner and the respondent be …

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For failing to file their accounts and results to the Nigerian Stock Exchange (NSE), Cornerstone Insurance and seven others have been suspended from trading. The seven others are Royal Exchange Insurance Plc, African Alliance Insurance Plc and R. T. Briscoe Plc, STACO Insurance Plc, Standard Alliance Insurance Plc, Universal Insurance Company Plc and Veritas Kapital Assurance Plc. The Exchange in a …

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Kwara State Governor, Dr Abdulfatah Ahmed, has hailed the Supreme Court verdict on Senate President, Dr Bukola Saraki’s assets declaration and sundry charges instituted against him before the Code of Conduct Tribunal. The Governor, in a statement by his Chief Press Secretary, Abdulwahab Oba described the apex court as a bastion of democracy in the country. According to the governor, …

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Following the turnaround witnessed by Cadbury Nigeria Plc in the financial year ended December 31, 2017, in which the company erased the losses it recorded in 2016, shareholders has commended the board of directors chaired by Atedo Peterside for proposing 16 kobo dividend amounting to N301,512,314. This was made known on Friday July 6, 2018 at the company’s 53rd Annual …

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Mr Adeoye Fadeyibi, the Chief Executive Officer and Managing Director, Eko Electricity Distribution Company (EKEDC) on Friday said the company was recording huge revenue losses in Lekki due to meter bypass and energy theft. Fadebiyi said, at company’s Customers Engagement Town Hall Meeting with electricity consumers in the Lekki area, Lagos, only 11,000 out of 30,000 electricity consumers recharge their …

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The Supreme Court on Friday finally laid to rest the trial of a Senate President, Dr. Bukola Saraki, on assets declaration and sundry charges instituted against him before the Code of Conduct Tribunal. A five-man panel of the apex court led by Justice Dattijo Muhammad unanimously upheld Saraki’s appeal, by dismissing the remnant three counts, declaring the evidence led by …

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…Pledge Brings Elumelu’s Investment In Nigerian Entrepreneurs To N4.4 Billion The Tony Elumelu Foundation (TEF) Founder and Chairman of United Bank for Africa (UBA), Tony Elumelu has pledged N500 million to create an entrepreneurship programme exclusive to indigenes of Delta State. He made the commitment on Thursday during his visit and after presenting 50 beneficiaries of the TEF Entrepreneurship Programme to Governor Ifeanyi …

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The police officers seen in a video assaulting a young lawyer said to be demanding for his salary and posted on the Instagram with the caption “SARS officers assault young lawyer allegedly demanding for his salary in Lagos,” had caught the attention of the Commissioner of Police, Lagos State, CP Edgal Imohimi who constituted an investigation panel to look into …

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