The Securities and Exchange Commission, SEC, has warned entities engaging in illegal fund management activities to desist forthwith or be ready to face the law. The Director-General of the Commission, Dr Emomotimi Agama, issued the warning in Abuja on Sunday ahead of the World Investor Week (WIW). Agama said the Commission’s enforcement mechanisms would be fully deployed to fish out anyone perpetrating illegal activities within the investment climate of the country. Agama said that Section 13(a) of the Investments and Securities Act 2007, gave SEC powers to regulate Investments and securities business in the country. “What we are doing is…
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The National Drug Law Enforcement Agency (NDLEA), has arrested a wanted drug kingpin, Damilare Ajiboye aka ‘Na God’, after 12 months of evading arrest. The arrest followed a raid on his warehouse in Akala, Mushin area of Lagos. The NDLEA spokesman, Femi Babafemi said in a statement on Sunday in Abuja that the suspect was arrested on Wednesday. Babafemi said that 1,101kg of Ghana Loud, a strong strain of cannabis was recovered at the warehouse on Sept. 4, 2023. He, however, said the arrest of Ajiboye in a bank in Ogun, followed well-coordinated efforts by the agency’s Directorate of Assets…
The Premier League has revealed Manchester United captain, Bruno Fernandes, was sent off against Tottenham Hotspur for “serious foul play”. Fernandes was showed a straight red card following a tackle on James Maddison. The incident happened in the 42nd minute of the match with United 1-0 down, thanks to Brennan Johnson’s finish. In a tweet during the game, the Premier League Match Centre confirmed that the red card was reviewed by VAR. It read: “The referee issued a red card to Fernandes for a challenge on Maddison. “The VAR checked and confirmed the referee’s call of serious foul play.” Man…
The Governor of Ogun State, Dapo Abiodun has said that the subsidy on fuel, if not removed by President Bola Tinubu, would have cost the country N5.4 trillion by the end of 2024. Abiodun said that it would have been devastating for Nigeria to pay such a huge amount in comparison to the Federal Government’s budget of N6.7 trillion for the same fiscal year. The governor who spoke during a Special Church Service to mark the 64th National Day celebration at the Cathedral Church of St. Peter, Ake, Abeokuta, said the money is now available for the development of infrastructure…
Deputy Speaker of the Nigerian House of Representatives, Benjamin Kalu, has revealed that only collective effort from stakeholders in the continent can guarantee the African Union’s Agenda 2063. DAILY POST reports that the AU’s agenda is a blueprint designed by the union to transform the continent into a global powerhouse by 2063. Kalu, who spoke while addressing the Conference of Speakers of African Parliament in South Africa, assured the union that Nigeria remains committed to the agenda. Kalu represented the Speaker of the lower chamber, Tajudeen Abbas, at the conference. The lawmaker in his speech, expressed belief that Nigeria’s growth…
Mental health experts have advised Nigerians not to take suicide attempts for granted. They made this declaration while speaking at the weekend during a webinar on the topic, ‘Suicide prevention: warning sings, risk factors and intervention strategies’. The experts who spoke at the webinar organised by FriendnPal, MyMedicare and Olive Community Development Initiative (OCDI), maintained that suicide is the third leading cause of death among 15-29 year olds, with 73 percent of global suicides occurring in low and middle-income countries. The key risk factors according to the experts include depression, post-traumatic stress disorders, financial problems, social isolation, and drug abuse.…
The family of the leader of the Indigenous People of Biafra, IPOB, Nnamdi Kanu, has urged President Bola Tinubu to release the agitator. Prince Emmanuel Kanu urged Tinubu to release the IPOB leader as a mark of respect for the late Ohanaeze Ndigbo President-General, Emmanuel Iwuanyanwu. Parts of a statement by Kanu reads: “The current judicial reality of the case has thrown up opportunity for a political dialogue and solution for the release of MNK and the South-East political leaders must seize the moment and take advantage of it. “We request the President to be fair and apply the same…
Crystal Palace winger, Eberechi Eze says he is happy at the London club. The England international has been consistently linked with a move away from Selhurst Park. Eze however remained at the club despite another top talent, Michael Olise, leaving for Bundesliga giants, Bayern Munich. The 26-year-old said he won’t force a move away from the Eagles. “I really want to enjoy my football where I am right now. The things I can control,” he told the Mirror. “I really want to become as good a player as I possibly can. If it then takes me to another club or…
Former Manchester United striker, Louis Saha has urged the Red Devils to sign Paris Saint-Germain attacking midfielder Xavi Simons. Saha believes Simons, who currently plays on loan at RB Leipzig, is very hard to play against. Man United tried to sign Simons in the summer transfer window but the Netherlands international snubbed Erik ten Hag’s men for RB Leipzig. “I think Manchester United should target Xavi Simons. He showed up during Euro 2024,” Saha told Casino Hawks. “He is very hard to defend against because he is always on the move. “[Manchester] United still need legs in midfield and more…
Nigeria’s Vice President Kashim Shettima is back in Abuja after representing President Bola Tinubu at the just concluded 79th session of the United Nations General Assembly, UNGA, in New York. His arrival was announced by his spokesperson, Stanley Nkwocha, in a statement on Sunday. While in New York, the Vice President presented Nigeria’s National Statement at the General Debate. He was engaged in bilateral meetings and numerous sideline events that took place at the General Assembly. “VP Shettima will proceed to join President Bola Tinubu to mark some events put together as part of activities commemorating Nigeria’s 64th Independence Anniversary,”…