Day: 25 October 2017

OANDO obtains court injunction to restrain NSE from implementing SEC’s suspension order

Jide Ige

Oando Plc has obtained a court order restraining the Nigerian Stock Exchange (NSE) from implementing the technical suspension of the trading of its shares by the Securities and Exchange Commission (SEC). NewsmakersNG learnt that the ex-parte order from the Federal High Court is restraining NSE and any other party working on their behalf from implementing the SEC directive technically suspending the trading of Oando’s shares, pending the hearing and determination of the matter. The order also restrains the SEC and any other party claiming through or working on behalf of…

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Globacom may drop crisis-ridden PSquare as brand ambassadors

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Psquare, the singing duo of Peter and Paul Okoye, are set to have their contract terminated by Globacom, Nigerian telecommunications company. TheCable Lifestyle learnt from reliable sources that Globacom decided to end their contract due to the public controverses Psquare has been involved in, within the past year. Owing to managerial and creative disputes, Peter and Paul have had series of social media disagreements which led to a temporary split early this year. The pair, a few months ago, announced that they had reunited and settled their differences. Shortly after,…

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Banire, Izamoje, Adeneye, others honour Azuh Arinze at investiture as Ikeja South Rotary Club’s President

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The investiture ceremony of Rotarian Azuh Arinze, KSM, as the 31st President of Rotary Club of Ikeja South, indeed, won on all fronts. Held inside the newly renovated Niteshift Coliseum, on Salvation Road, Opebi, Ikeja, Lagos, the Sunday, October 22, 2017 event attracted dignitaries from nearly all walks of life. Chaired by Dr. Muiz Banire, a Senior Advocate of Nigeria (SAN) and National Legal Adviser, All Progressives Congress (APC), the guest speaker was Brila FM founder, Dr. Larry Izamoje while the special guests of honour included Otunba Dayo Adeneye, Ogun…

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“Female businesses create more benefits for the society,” -Tony Elumelu at Future Investment Initiative Conference, Saudi Arabia

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The Chairman, Heirs Holdings and Founder, The Tony Elumelu Foundation, Mr. Tony Elumelu Elumelu has stressed the importance of supporting women-run businesses to achieve inclusive growth saying “Female businesses create more benefits for the society,” According to Elumelu, who is also the Chairman of the United Bank for Africa Plc, such businesses empower a critical population of the economy. Elumelu joined global private sector leaders at the Future Investment Initiative Conference in Riyadh, Saudi Arabia, to discuss ways to achieve economic diversification in dynamic economies recently. The conference was organised by…

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Salif Keita, Fally Ipupa, Femi Kuti, lead over 700 African Superstars to Converge in Lagos for AFRIMA 2017

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Salif Keita, Fally Ipupa, Femi Kuti, Wizkid, Young Paris, Diamond Platnumz, Sheyi Shay, Bussine, Bebe Cool, 2Baba, Vanessa Mdee, Nasty C, Sarkodie, Fnaire, Eddy Kenzo, Ibitssam Tiskat, Emtee and over 700 African Superstars to Converge in Lagos for AFRIMA 2017 African Music superstars, Salif Keita (Mali), Fally Ipupa (DRC), Femi Kuti (Nigeria), Wizkid (Nigeria), Young Paris (DRC), Diamond Platnumz (Tanzania), Sheyi Shey (Nigeria), Bussine (Gabon), Bebe Cool (Uganda), 2Baba (Nigeria), Venessa Mdee (Tanzania), Sheyi Shay (Nigeria), Nasty C (South Africa), Sarkodie (Ghana), Fnaire (Morroco), Eddy Kenzo (Uganda), Ibitssam Tiskat (Morocco),…

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