The National Industrial Court in Ikoyi, Lagos state , Southwest Nigeria has slammed N500,000 fine on Mobil Producing Nigeria company for using delay tactics in a suit filed against the company by its former staff, James Nwagbogwu Ebede.

In its bid to further enhance the effectiveness of regulation and investor protection in the Nigerian capital market, NGX Regulation Limited (NGX RegCo) signed a Memorandum of Understanding (MoU) with the Institute of Chartered Accountants of Nigeria (ICAN) on Monday, 10 July 2023.

The Kogi State Government has reiterated its endorsement of the recent joint operation carried out by security agencies in the state, in which a notorious gang leader was neutralised, saying that the operation has reduced crime in the area by over 40 per cent.