Economic Confidential

Buhari Assents to Anti-Piracy Bill on Maritime Safety

Buhari Assents to Anti-Piracy Bill on Maritime Safety …. Act Will Deter Maritime Criminalities – Dakuku President Muhammadu Buhari has given his assent to the Suppression of Piracy and other Maritime Offences Bill, 2019, in an unprecedented move billed to bring...

NNPC Ends $833.57m Payment of Cash-Call Arrears to Mobil

NNPC Ends $833.57m Payment of Cash-Call Arrears to Mobil The Nigerian National Petroleum Corporation (NNPC) has concluded the payment of $833.57m cash-call arears to Mobil Producing Nigeria. This is barely two years after the Nigerian National Petroleum Corporation (NNPC) signed a...

Wages Commission Seeks Review of NOSDRA Act.

Wages Commission Seeks Review of NOSDRA Act. The Executive Chairman, National Salaries, Incomes and Wages Commission, NSIWC, High Chief Richard Onwuka Egbule, has called for a review of act establishing the National Oil Spill Detection and Response Agency(NOSDRA). He explained that...

Revisiting the SEC-Oando Plc Raging Controversies

Revisiting the SEC-Oando Plc Raging Controversies By Joshua Afolabi People who are dishonest, or rash, or stupid will inevitably suffer the penalties of dishonesty, or rashness, or stupidity -- Herbert Spencer Quite amusingly but with great lessons to learn from, the recent...

SEC Reduces Cost, Timelines for Transmission of Shares

SEC Reduces Cost, Timelines for Transmission of Shares The Securities and Exchange Commission(SEC) in its effort  to reduce the quantum of unclaimed dividends in the Nigerian Capital Market and encourage beneficiaries of deceased investors to step up efforts to claim...

CAC Urges Quick Assent to CAM Bill 2019

CAC Urges Quick Assent to CAM Bill 2019 The Ag. Registrar-General of the Corporate Affairs Commission(CAC), Lady Azuka Azinge has emphasized the imperatives of a Presidential assent to the Companies and Allied Matters (CAM) Bill. LadyAzinge stated this while briefing newsmen...
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