A Federal High Court in Lagos has further reserved ruling till May 27, 2015, on the preliminary objection filed by the founder, Living Faith Church, a.k.a. Winners’ Chapel, Bishop David Oyedepo, against the N1.86bn claim by a stock brokerage firm. The firm, Valueline Securities and Investment Limited, and its Managing […]

The Securities and Exchange Commission has intervened in the operations of BGL Plc, a member of the Nigerian Stock Exchange by suspending its board and appointing an interim management for the group. Our correspondent gathered on Sunday that SEC intervened in the operations of the group after investigating some complaints […]

The World Bank has thrown its weight behind President-elect, Maj.-Gen. Muhammadu Buhari (retd.), to probe the Nigerian National Petroleum Corporation over allegations of missing funds. Speaking in a video conference from Washington to journalists from across Africa on the release of the bank’s analysis of issues shaping the continent entitled, […]