Business

The Securities and Exchange Commission (SEC) has suspended till further notice,  Oando Plc’s Annual General Meeting (AGM) scheduled to hold on Tuesday. The suspension  followed an order by a Federal High Court in Lagos due to an…

Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele,  has said the apex bank has blocked the accounts of some smugglers sabotaging Nigeria’s economy in the textile, rice and palm oil industry. Emefiele said this during an…

Two non-Executive Directors of Nigerian Oil firm Oando Plc, have resigned. The two directors are Sena Anthony and Oghogho Akpata. Their resignations was believed to have taken effect on June 3. Their resignation details…

MTN Group on Friday announced the unveiling of Africa’s first Mobile Money (MoMo) Artificial Intelligence (AI) service or “chatbot”. The MTN Group President and Chief Executive Officer, Rob Shuter, in a statement said that the chatbot…

An Agricultural expert, Mr. Fidelis Ozor, on Thursday advised farmers to control the army worms also known as caterpillar in their farms, to have quality and bountiful harvest. Ozor, the Director of Agricultural Services, Enugu State…

Dakuku Peterside, director general of the Nigerian Maritime Administration and Safety Agency (NIMASA), says the country will be able to lift its own crude for export immediately the national fleet begins operation. Speaking at a media…

By Emeka Okoroanyanwu and Babajide Okeowo Financial crimes have assumed a frightening dimension in Nigeria. No day passes in the country without cases of financial crimes being reported or hitting the headlines. Perpetrators of financial…

Babajide Okeowo Oando Plc has reacted to the investigation carried out by the Securities and Exchange Commission (SEC) into its affairs which, among other things, recommended the resignation of the company’s Chief Executive Officer, Wale…

Babajide Okeowo Nigeria’s Pension Fund Index closed the Month of May in negative territory posting a return of -4.12%. The index has so far returned a whopping -11.96% year to date May 2019 (2019 so far). Nigeria’s Pension Fund…

Babajide Okeowo In the aftermath of imminent Security Exchange Commissions (SEC) ruling on the Oando Plc crisis, the share price of the company fell 9.6% to N4.20, on Friday. The stock closed the month 13.4% down and is now the lowest…