Ebun Francis| The Securities and Exchange Commission (SEC) has directed Oando Plc to suspend its scheduled Annual General Meeting. The directive was contained in statement made availabe to newsmen on…
Read More SEC orders Oando to suspend AGM
Category: Economy
Economy: Emefiele seeks stronger efforts against global shocks
Mr Godwin Emefiele, Governor of the Central Bank of Nigeria (CBN), on Saturday emphasised the need to strengthen efforts over the coming years to stimulate growth and create jobs in…
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FG revokes six oil licences to ‘recover legacy debts’
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’Oando suffers share price drop after SEC action
The share price of Oando Plc dropped by 9.52 per cent on Monday, the first day of trading after the Securities and Exchange Commission ordered the resignation of the company’s…
Read More Oando suffers share price drop after SEC actionNigeria’s fuel subsidy not helping the poor — World Bank
The Vice President for Sustainable Development, World Bank, Laura Tuck, has warned Nigeria and other countries paying subsidies on fossil fuels to desist from it as such practice was not…
Read More Nigeria’s fuel subsidy not helping the poor — World Bank