Senate rejects Magu as EFCC chairman

Senate rejects Magu as EFCC chairman

Citing security report, the Senate on Thursday rejected the nomination of Ibrahim Magu as Chairman of Economic and Financial Crimes Commission (EFCC). Spokesperson of the Senate, Aliyu Abdullahi, who emerged from a closed-door meeting where Mr. Magu’s confirmation was discussed...
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Investors get N29b from unclaimed dividend in one year

Investors get N29b from unclaimed dividend in one year

Ongoing campaign by the Securities and Exchange Commission (SEC) for investors to embrace e-dividend mandate has led to the payment of N29 Billion out of N90 Billion unclaimed dividend  between November 2015 and this year.   Briefing Journalists on the...
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SEC unveils capital market journal

SEC unveils capital market journal

The Securities and Exchange Commission is set to improve the financial literacy of Nigerians as poor financial literacy has been identified as one of the factors responsible for the low level of financial inclusion in the country. This was disclosed...
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FRSC proposes night patrol for Lagos axis

FRSC proposes night patrol for Lagos axis

As part of measures to tackle traffic challenges along the Lagos-Ibadan expressway, especially towards the Lagos end of the busy road, the Federal Road Safety Commission (FRSC) is to maintain 24 hour partrol along the axis.   The Corp Marshal...
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New National Counter Terrorism Strategy underway in Nigeria

New National Counter Terrorism Strategy underway in Nigeria

(NAN) The Federal Government on Thursday said it had put in place the needed structures for the full implementation of the National Counter Terrorism Strategy (NACTEST). The National Security Adviser, Babagana Monguno, said this in Lagos at the opening of...
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Sukuk Issuance: SEC lauds CBN’s approval of guidelines for granting liquid assets to States

Sukuk Issuance: SEC lauds CBN’s approval of guidelines for granting liquid assets to States

The Securities and Exchange Commission (SEC) has notified  issuers and investors that the Central Bank of Nigeria (CBN) has approved “Guidelines for Granting Liquid Asset Status to Sukuk Instruments Issued by State Governments”.    In a statement on Fri...
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Emefiele lauds security agencies on prompt rescue of wife from kidnappers

Emefiele lauds security agencies on prompt rescue of wife from kidnappers

The Governor of Central Bank of Nigeria (CBN), Godwin Emefiele has commended security agencies for the prompt rescue of his wife from kidnappers.     Emefiele also vowed that he would not succumb to any intimidation in the course of performing...
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Buhari pledges to end Militancy in Niger Delta

Buhari pledges to end Militancy in Niger Delta

President Muhammadu Buhari has reiterated the resolve of the Federal Government to tackle Niger Delta militancy.   Speaking in Daura, Katsina State on Monday after attending the Eid prayers to celebrate Eid-Ei-Kabir, Buhari said the present administration wil...
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NAF conducts special military exercise in Abuja

NAF conducts special military exercise in Abuja

The Nigerian Air Force (NAF) on Wednesday  simulated a counter terrorist exercise at the Nnamdi Azikiwe International Airport, Abuja.   According to NAF, the exercise followed on the heels of recent terrorist attacks in some major airports around the world.....
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