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Medview Airline listed on the NSE

2017-01-31 10:25 AM | by Nigeria Compliancehub


Medview Airline will be listed on the Nigeria Stock Exchange on the 31st of January, 2017. Medview’s Executive Director, Business Development, Mr Isiaq Na-Allah,said the listing would enable the airline to expand its route network and acquire more aircraft to boost its operations.

Harping on the advantages, Na-Allah said… Read more

Jaiz Bank lists on the Nigerian Stock Exchange

2017-02-13 9:51 AM | by Nigeria Compliancehub


JAIZ Bank Plc, yesterday, joined the league of quoted companies as the Nigerian Stock Exchange, NSE, admitted its 29,464, 249,300 ordinary shares at N1.25 per share, valued at N36.8 billion on its Daily Official List.

The bank has also projected to pay its first dividend after its listing… Read more

EFCC, Stock Exchange strengthen pact to protect investors

2017-08-14 10:11 AM | by Nigeria Compliancehub

Authorities at the Nigerian Stock Exchange (NSE) and Economic and Financial Crimes Commission (EFCC) have renewed their commitments to a Memorandum of Understanding (MoU) that seeks to protect investors from market abuses and forestall the use of the Nigerian stock market as conduit for illicit wealth.

At a high-level meeting at… Read more

FRC, shareholders bicker over waivers

2017-08-28 12:50 PM | by Nigeria Compliancehub

Shareholders in the nation’s capital market have taken a swipe on the Financial Reporting Council of Nigeria, FRCN, over alleged waiver fees it places on Chief Finance Officers, CFOs, and audit committee chairmen of quoted companies, who are not members of the Institute of Chartered Accountants of Nigeria, ICAN.

The waiver… Read more

Oando Shareholders Set To Sack Wale Tinubu, Board

2017-08-30 4:11 PM | by Nigeria Compliancehub

There are strong indications that shareholders of Oando Plc, Nigeria’s major oil marketer, will vote to sack Wale Tinubu, the Managing Director of the company and its board at the forthcoming annual general meeting (AGM), which will hold in Uyo, Akwa Ibom State on September 11, 2017.

The AGM is expected… Read more

SEC orders suspension of Oando shares, audit of firm

2017-10-20 9:35 AM | by Nigeria Compliancehub

The Nigerian Stock Exchange, on Wednesday, suspended trading on the shares of Oando Plc as directed by the apex regulator, the Securities and Exchange Commission. SEC also said it planned further investigation and audit of the firm.

Some shareholders of Oando, in separate interviews, called for the suspension of the management… Read more

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