The Department of Petroleum Resources (DPR) on Thursday revoked five oil mining licences (OML) and one oil prospecting licence (OPL) belonging to five companies. According to the regulatory body, the…
Read More FG revokes six oil licences to ‘recover legacy debts’
Ebun Francis| The Securities and Exchange Commission, SEC, has constituted an Interim Management Team to oversee the affairs of Oando Plc, and conduct an Extra Ordinary General Meeting on or…
Read More SEC sets up interim management for Oando Plc
The Central Bank of Nigeria (CBN) on Friday, May 31, 2019, again intervened in the retail Secondary Market Intervention Sales (SMIS) to the tune of $294.7million. Figures obtained from the…
Read More CBN injects $294.7m, CNY 31.43m into Retail SMIS
MTN Nigeria Communications Plc (MTN) on Friday said it has paid the sixth and final instalment of N55 billion to the Nigerian Communications Commission (NCC). With this development, the telecom…
Read More MTN pays N55bn final instalment of N330bn fine to NCC
The Securities and Exchange Commission on Friday ordered the Group Chief Executive Officer of the company, Wale Tinubu, deputy CEO, Bayo Omamofe and other board members to resign. The directive…
Read More SEC bars Wale Tinubu from being director in any public company for 5 years, orders him to resign from Oando