May 20, 2015/SEC The Executive Management Committee of the Securities and Exchange Commission (SEC) at its meeting held on May 19, 2015 considered the report of a detailed investigation into the various complaints received from investors against subsidiaries of BGL Group and directed as follows: 1.    That BGL Asset Management […]

May 18, 2015/ The Will Employees of the Nigerian Petroleum Development Company (NPDC), a subsidiary of the Nigerian National Petroleum Corporation (NNPC), have been directed to shutdown indefinitely their locations and all oil production facilities nationwide in a bid to force the Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke and […]

The Nigerian Deposit Insurance Corporation has asked a Federal High Court in Lagos to place on the “undefended list” a suit it filed to recover an alleged debt of N34m from the Senior Special Adviser to President Goodluck Jonathan, Dr. Doyin Okupe, and two others. A plaintiff usually applies to […]