yetty, Author at City Business News

June 2, 2019 No Responses

Sunmonu, Ex-Shell Boss To Oversee Oando’s Interim Management Team

The crisis rocking Oando Plc took a new dimension on Sunday as the Securities and Exchange Commission (SEC) appoints an interim management team for the company. According to SEC, the management team headed by Mr. Mutiu Olaniyi Adio Sunmonu CON, is to oversee...

June 2, 2019 No Responses

SEC, EFCC, Seek Prosecution Of Capital Market Offenders, Repatriation Of Stolen Funds

The Securities and Exchange Commission (SEC) and the Economic and Financial Crimes Commission (EFCC) have agreed to collaborate in combating crime in the Nigerian capital market.This agreement was reached when the Management of the SEC met with the Management ...

May 31, 2019 No Responses

SEC Alleges Serious Infractions At Oando, Directs Wale Tinubu, Others To Resign

The Securities and Exchange Commission, SEC, has concluded investigation of Oando Plc and directed among others the resignation of affected Board Members. The commission in a statement on Friday also barred the Group Chief Executive Officer (GCEO), Wale T...

May 30, 2019 No Responses

Sanwo-Olu Extends LASTMA’s Working Hours To 11 p.m., Appoints Jaji SSG

The Lagos State Governor, Babajide Sanwo-Olu, on Thursday signed his first Executive Order to address traffic control and management, fixing of potholes on the roads, sanitation as well as cleaning of drainages in the State.The Order is to also ensure...

May 30, 2019 No Responses

Heritage Bank Empowers ‘Tech Start-Ups’ Winners With $40,000 Grants

As part of its efforts to support Nigeria’s aspiration and roadmap to become a leading Information Communication Technology (ICT) Hub in Africa, Heritage Bank Plc, Nigeria’s most innovative banking service provider has doled out $40, 000 grants to winners ...

May 27, 2019 No Responses

Fiat Chrysler Begins Merger Talks With Renault

Italian carmaker, Fiat Chrysler on Monday confirmed that it has commenced has made a “transformative merger” talk with French peer Renault, in adeal which would create a world leader and help address some of the weaknesses in both Renault...

May 27, 2019 No Responses

Buhari Signs N8.92Tri 2019 Budget

President Muhammadu Buhari, who on Monday signed the 2019 appropriation bill of N8.92 trillion into law, said adjustment of the budget by the National Assembly may affect its smooth implementation.Speaking at the event which took place at the president’s min...

May 27, 2019 No Responses

Photo News

Photo News: L-R, Head of Department, Securities and Investments Services, Securities and Exchange Commission Mr Abbas Abdulkadir, Head of Department, Legal Department SEC Mrs Anastasia Braimoh, Managing Partner, Perchstone and Graeys Mr ...

May 24, 2019 No Responses

ACM Kayode Olagunju: Its No Longer Lucrative To Smuggle Vehicles Into Nigeria

It is no longer lucrative to smuggle vehicles into Nigeria as getting such vehicles validly registered without paying custom duties on them is&n...

May 24, 2019 No Responses

Continental Tyre Mobilises Support For SOS Children’s Village

Continental is extending its support to the disaster relief efforts in Mozambique following the devastation and destruction caused by Cyclone Idai by donating funds to SOS Children’s Village.Continental Tyre South Africa (CTSA) has donated R25 000, while...

May 24, 2019 No Responses

NIMASA Donates Relief Materials To Delta IDPs

The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dakuku Peterside has reiterated the Federal and State government’s concern about providing adequate succour aimed at alleviating the sufferings of the Internally Dis...

May 24, 2019 No Responses

UAC Photo News

May 23, 2019 No Responses

SEC, NSE To Streamline Listing Modalities From June 1

The Securities and Exchange Commission (SEC) and the Nigerian Stock Exchange (NSE) on Thursday unveiled plans to make the modalities involving listing on the NSE more efficient and cost effective by streamlining the approval process between the SEC and the...

May 23, 2019 No Responses

Firm To Power Vessels With Dead Fish

Norwegian expedition cruise company, Hurtigruten has confirmed plans to power its ships with fuel made from dead fish and other organic waste.As informed, Hurtigruten and compatriot firm Biokraft have signed a 7.5-year liquefied biogas (LBG) supply d...