Abbey Mortgage Bank Plc has been cleared of allegations regarding insider trading during a closed period, as initially stated in the Nigerian Exchange’s X-Compliance Report. After a review of the circumstances surrounding the case, the Nigerian Exchange (NGX) has decided not to enforce any penalties against the bank. The initial …

Emirates will resume services to Nigeria from 1 October 2024, operating a daily service between Lagos and Dubai, and offering customers more choice and connectivity from Nigeria’s largest city to, and through, Dubai. The service will be operated using a Boeing 777-300ER. EK783 will depart Dubai at 0945hrs, arriving in …

NAHCON logo The National Hajj Commission of Nigeria (NAHCON) Amendment Bill on Wednesday scaled second reading in the Senate. This followed the presentation of the lead debate on the general principles of the bill by the sponsor, Senator Abbas Iya (PDP-Adamawa) on Wednesday during plenary. Iya said the bill sought …

Nnamdi Kanu in court with his lawyers A Federal High Court, Abuja on Wednesday, fixed July 1 for judgment in a N1 billion suit filed by Nnamdi Kanu, leader of the proscribed Indigenous People of Biafra, against the Federal Government and Department of State Services. Justice James Omotosho fixed the …

It was earlier reported that Governor Alex Otti of Abia State had unveiled a forensic report revealing how the sum of N12.8 billion was paid by the former governor of the state, Ikpeazu, to ghost contractors and other financial misconduct under the previous administration. Former Abia State Governor Okezie Ikpeazu …

As reported on this page last week , the National Pension Commission (PenCom) recently issued the maiden Consumer Protection Framework for the Nigerian pension industry. Previously, we highlighted pension consumer rights and enforcement mechanisms as captured in the Framework. In this publication, we continue the discussion on the key highlights of the …

Governor of Osun State Governor, Senator Ademola Adeleke, has advised Globacom and other telecoms companies to strengthen ties with the states, which he describes as subnational entities  where the company’s market lies. The Governor  who made the remarks when he received a Globacom team in his office in Osogbo, also …

Group reports best-ever financial performance with record profit of AED 18.7 billion (US$ 5.1 billion), up 71% from last year, record revenue, and record level of cash assets. Group revenue increased 15% to a new high of AED 137.3 billion (US$ 37.4 billion), driven by strong customer demand across its businesses. …

LAUTECH Convocation lecture 1: Bode Ojeniyi, Group Managing Director, Sky Capital & Financial Allied Company Limited, representative of Dr. Taiwo Afolabi, Chairman, SIFAX Group delivering the 16th LAUTECH Convocation Lecture recently. LAUTECH Convocation lecture 2: L-R: Prof. Funke Olagunju, Head of Department, Agric Economics and Extension, LAUTECH; Oliver Omajuwa, Deputy Director, Strategic …

Uzochukwu Davis Igboanugo, a son of businessman and founder of I.K.B Industries Limited,  Chief I.K.B. Igboanugo, has been reportedly killed by a drunk driver in the United States of America. The 32-year-old US-based Nigerian doctor was fatally injured three weeks ago, while driving home from work. The aggrieved father confirmed …