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Lekki tollgate: Gbajabiamila calls for thorough investigation, urges calm

Lekki tollgate: Gbajabiamila calls for thorough investigation, urges calm

The Speaker of the House of Representatives, Hon. Femi Gbajabiamila, has described the event of the reported casualties of protesters at the Lekki Tollgate in Lagos on Tuesday night as disturbing and not reflective of…

NGE to Buhari: Address the nation to calm frayed nerves

NGE to Buhari: Address the nation to calm frayed nerves

The Nigerian Guild of Editors (NGE), has asked President Muhammadu Buhari to address the nation to calm frayed nerves, stating that there is nothing wrong with actively engaging in dialogue with the aggrieved youths.  …

CBN reviews requirements for merchant, regional banks’ CCO appointments

CBN reviews requirements for merchant, regional banks’ CCO appointments

Revise Merchant, regional banks can now appoint COOs not below AGM status   The Central Bank of Nigeria (CBN) has reviewed the requirements for the appointment of Chief Compliance Officers (CCOs) by merchant banks and…

Shareholders endorse delisting of 11 Plc from NSE

Shareholders endorse delisting of 11 Plc from NSE

Shareholders of 11Plc (formerly Mobil Oil Nigeria Plc) have approved the company’s proposals to voluntarily delist from the Nigerian Stock Exchange. The approval was part of the resolution at the company’s Annual General Meeting (AGM)…

Stanbic IBTC pledges continued support for host communities

Stanbic IBTC pledges continued support for host communities

Stanbic IBTC Holdings PLC, a member of Standard Bank Group, has reiterated its commitment towards creating a positive impact within its host communities through its Corporate Social Investment (CSI) initiatives.   The lender recently touched…

Fintech: NDIC hosts virtual conference on bank supervisors’ challenges

Fintech: NDIC hosts virtual conference on bank supervisors’ challenges

The Nigeria Deposit Insurance Corporation (NDIC) has said that it is organising an international virtual conference as part of its efforts to drive public discourse on the impact, risks, challenges and opportunities of financial technology…

#EndSARS: Stock market down by N113bn

#EndSARS: Stock market down by N113bn

Transactions on the floor of the Nigerian Stock Exchange yesterday closed negative as market sentiment following fear of insecurity occasioned by escalating #EndSARS protests across the nation.   The protest on Tuesday evening took a…

APC: PDP sponsoring #EndSARS protests

APC: PDP sponsoring #EndSARS protests

As the #EndSARS protesters continued across the country, the ruling All Progressives Congress (APC) yesterday accused the opposition Peoples Democratic Party (PDP) of sponsoring the protest directly or indirectly.     According to the APC,…

Lawan meets IGP, DG DSS, seeks end to protests

Lawan meets IGP, DG DSS, seeks end to protests

President of the Senate, Ahmad Lawan, yesterday met with the Inspector General of Police , Mohammad Adamu and Director General of the Department of State Services , Yusuf Magaji Bichi, to explore ways of quelling…

FG owes road contractors N392bn –Fashola

FG owes road contractors N392bn –Fashola

…Senate seeks funding from PENCOM Fund     Minister of Works and H o u s i n g , Babatunde Fashola, yesterday, disclosed that the Federal Government was currently owing construction firms handling 711…