SEC looking to appeal blocked Citigroup settlement: Report
Enforcement staff of the Securities and Exchange Commission may request the commissioners leading the agency that they appeal last month’s rejection by a U.S. district judge of a proposed $285 million settlement with Citigroup, the Wall Street Journal said, citing people familiar with the matter.
Kwara Speaker urges Jonathan to conduct referendum on subsidy removal
Speaker,Kwara State House of Assembly, Rt. Hon. Abdulrazaq Atunwa, has advised President Goodluck Jonathan to conduct a referendum among members of the State Houses of Assembly who are representatives of the people on the issue of the removal of subsidy on petroleum products to enable him get the true feelings of majority of Nigerians.
Lekki: Protests, traffic crisis as tolling begins
Amidst a flurry of protests and counter protests, traffic gridlock and outright disorder, the planned tolling of the Eti-Osa -Lekki Expressway, took off yesterday on a shaky note.
SWF: Prospects and Problems — 1
As the year 2011 comes to an end and the President is getting set to present the 2012 budget before the National Assembly, one of the most contentious aspects of the proposed appropriation bill is the Sovereign Wealth Fund, SWF.
Draft document on COPAZ for review
The draft document on the administration of the Co-Prosperity Alliance Zone, COPAZ, made up of Nigeria, Togo, Benin Republic and Ghana, is to be reviewed by a body of law experts to make the new economic bloc within the ECOWAS sub-region more effective.
Cashless Society: Is Nigeria ready for the information security challenges?
With few days to 2012, the year that the Central Bank of Nigeria intends to implement a cashless society, many question our readiness for this transformation. In the last decade, there has been a significant shift in the way business is conducted in many parts of the world.
Opositions to subsidy removal ignorant, says NAS
National Association of Seadogs, NAS, weekend, said those fighting against removal of fuel subsidy were ignorant, noting that there was nothing like subsidy in the first place.
Viability of off-shore investment worry stakeholders
After the close of consolidation in the insurance sector, some companies went abroad to establish branches. The success of these foreign investments still leaves a lot to be desired
Group tasks EFCC on petition against LG boss
THE Concerned Citizens of Ovia South West Local Government Area of Edo State has appealed to the leadership of the Economic and Financial Crimes Commission, EFCC, not to sweep under the carpet, its recent petition against the chairman of Ovia South West Local Government, Mr. Jonathan Igbinomwanhia.
First Hydrocarbon Nigeria Appoints Bajomo, COO
First Hydrocarbon Nigeria Limited (FHN or the Company) has announced the appointment of Femi Bajomo as Chief Operating Officer.
‘High Customs duty, clearing delays hinder fish imports’
President of the Association of Fish Suppliers of Nigeria (AFISUN), Engr. Ginger Mba, has listed documentation, berthing delays, increase in tariffs, clearing delays, power outage, inspection agents and high cost of duty as the challenges of the industry.
