Politics

The Securities and Exchange Commission (SEC) on Friday November 22, 2019, said it has suspended the regularisation deadline put in place for shareholders that opened accounts for the purchase of shares with different names. This was parts of the outcome of the third quarter Capital Market Committee (CMC) that was held in Lagos on Thursday November 21, 2019.

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The Minister of State for Mines and Steel Development, Dr Uchechukwu Ogah, has said that Nigeria doesn’t need “grammar schools” again.

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Chairman, Senate Committee on Banking, Insurance and other Financial Institutions, Senator Uba Sani has said that the committee had resolved to join hands with the Asset Management Corporation of Nigeria to push for the recovery of N5 trillion debts owed by high profile Nigerians.

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According to the NBS, the growth rate in Q3 of 2019 represents the second-highest quarterly rate recorded since 2016.

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The yuletide season comes to life in Lagos as Zenith Bank Plc lights up Ajose Adeogun Street with the theme “LET THERE BE LIGHT”

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Cross section of passenger who troop to the street from Oshodi to Ikeja as a result of the on going Federal Government Road Maintenance of Lagos Abeokuta Expressway which resulted to bad traffic and high fare in Lagos yesterday. Photo ABIODUN OMOTOSHO

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The House of Representatives has resolved to investigate alleged $195, 500.000 contract awarded to an Israeli security firm to secure Nigeria’s waterways by the Ministry of Transportation.

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A Federal High Court sitting in Lagos south west Nigeria in a landmark judgement delivered by the presiding Judge Rilwan Aikawa has not only declared as illegal the engagement of a private company Continental Transfer Technique Limited by Minister of Interior to fix and collect the Combine Expatriates Residence permit and alien card Fees paid by all expatriates in Nigeria as illegal and unconstitutional, but has also ordered, Minister of Interior, comptroller -General of Immigration and Continental Transfer Technique ltd company to account, refund and remit into Federation account all combined Expatriate Residence Permit and Alien card (CERPAC) Fees collected from all expatriates in Nigeria since 2014.

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Photo Caption: From Left— Kasumu Garba Kurfi, Member, Investments and Securities Tribunal (IST); Edward Ajayi, Member, IST; Mr. Kolade T. Olawuni, Babalakin & Co; Ms. Tinuade Awe, Executive Director, Regulation, The Nigerian Stock Exchange (NSE); Mr. Jude I. Udunni Esq. Acting Chairman, IST; Mr. Oghenekevwe Okpobia, Head, Litigation/ADR NSE; Mr. Albert L. Otesile, Member, IST; Mamman Bukar Zargana, Member, IST; …

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Governor of Kano State, Alh. Abdullahi Ganduje has been appointed to head the All Progressives Congress five-member fact-finding committee for the troubled APC chapter in Edo State.

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