Culled—Punch Oyetunji Abioye with agency report The Federal Government has proposed an amendment to the Foreign-Exchange Act to enable the imprisonment of anyone who holds foreign currencies, especially the dollar, for more than 30 days. This is the latest measure the government and the Central Bank of Nigeria are considering […]
Frauds & Scandals
Exxon in negotiations with Chad over record $74 bln fine -Bbg
Photo Credit: CNBC.com November 16, 2016/Reuters Exxon Mobil Corp is negotiating with Chad over a record $74 billion fine the U.S. oil company was told to pay by a court in the central African nation over unpaid royalties, Bloomberg reported on Tuesday. Exxon has appealed the Oct. 5 court ruling, […]
NSE Says Trading on IKEJAHOTEL Shares Suspended
November 14, 2016/NSE Dealing Members are hereby notified that pursuant to the Provisions of Rule 15.45: Suspension on Trading of Securities, Rulebook of The Exchange, 2015 (Dealing Members’ Rules) full suspension has been placed on trading in the shares of Ikeja Hotel Plc (“the Company”) with effect from today, 10 […]
