The Securities and Exchange Commission (SEC) is to revoke the registration of about 400 Capital Market Experts or Professionals who do not comply with the directive to provide updated information of their companies/firms by July 31, 2017.   According to a circular from SEC, “any firm whose response is not received within this time frame would be considered inactive and …

PayU has rolled out strategies to intensify efforts to connect businesses to Nigeria’s online payment market. Annual online payments in Nigeria is estimated to surpass N200 billion this year from N167 billion in 2016. Country Manager of PayU Nigeria, Ms Juliet Nwanguma,  says, “In order to pursue PayU’s aggressive expansion in the online payment market in Nigeria, we have identified businesses …

Dayo Emmanuel   Nigeria’s former Health Minister, Professor Babatunde Osotimehin is dead. Advertisement Osotimehin, 68 was also the Executive Director of the United Nations Populations Fund, UNFPA. Osotimehin was a former Provost of the College of Medicine, University of Ibadan who was re-appointed Executive Director of UNFPA in 2014, the post he first got appointed to hold in 2010.

As the Super Eagles of Nigeria prepare to play host to their South African counterparts in the AFCON qualifier scheduled for Uyo stadium, the players are optimistic of payment or their outstanding allowances. Outstanding payments will top the agenda when top officials of the Nigeria Football Federation (NFF) led by President Amaju Pinnick meet today with the team’s head coach …

Dayo Emmanuel Nigerian Union of Petroleum and Natural Gas Workers (NUPENG) has kicked against the proposed N5 petrol levy. The proposed bill by the Senate has generated concern even as the House of Representatives open public hearing on alleged $17bn stolen crude on Monday 5th June. NUPENG has also called on influential Nigerians to prevail on the leadership of the …

Chairman of Zinox Group, Leo Stan-Ekeh has raised the spectre of an impending digital disruption in Africa occasioned by the challenges of mass unemployment and the failure of most African states to match the rapid pace of digital revolution. He sounded the alarm during a breakfast talk with select entrepreneurs from Africa and Asia in Dubai Marina on Sunday. Ekeh, …

The Acting President, Prof. Yemi Osinbajo, on Monday said banks and other financial institutions holding illicit funds should be made “to face the consequences of engaging in criminal conduct.“ Osinbajo said this in an address at ‘Conference on Promoting International Co-operation in Combating Illicit Financial Flows and Enhancing Asset Recovery to Foster Sustainable Development,’ in Abuja. Osinbajo said the transfer of …

Tayo Olanipekun The Lagos State Government has suspended indefinitely the activities of the National Union of Road Transport Workers (NURTW) in the seven branches of the Union within the Oshodi axis of the state. This is the fallout of a stakeholders’ meeting which held in Alausa, Ikeja, on Monday following the continued violence that attended the death of Alhaji Rasaq …

The Chairman of the Presidential Advisory Committee Against Corruption (PACAC), Prof. Itse Sagay, on Monday said a study has shown that 55 top Nigeria government officials and private businessmen illicitly diverted a total of N1.35 trillion between 2006 and 2013. He also said at least one trillion naira was lost to fuel subsidy scam in the country and millions of …

The management of Obafemi Awolowo University, Ile-Ife, has locked up two halls housing mosques over crisis rocking the Muslim students’ body of the university. The university has also suspended religious activities in all its halls of residence. This was confirmed in a circular dated June 4 and signed by the university’s Dean of Student Affairs, Prof. Grace Akinola, of which …