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Share NATIONAL Insurance Commission (NAICOM) says implementation of new corporate governance guidelines for the insurance industry will commence on June 1. In a publication on its website, NAICOM implored all insurance and reinsurance firms to comply with the guidelines along with the Nigerian Code of Corporate Governance 2018. The commission explained that the principal objective of the new guidelines was to ensure effective administration, supervision, regulation and control of the insurance business in Nigeria, adding that Section 11 C and 51 C of the Financial Reporting Council of Nigeria...
Court fixes May 11 for hearing in suit involving Obasanjo’s ex-aide On Kindly Share This Story: The Federal High Court, Abuja, on Tuesday, fixed May 11 for definite hearing in a suit involving Prof. Anthony Adegbulugbe, a former Special Adviser on Energy in the President Olusegun Obasanjo administration, and others. Justice Ijeoma Ojukwu fixed the date after all pending motions relating to the substantive matters had been regularised by counsel to the parties. Recall that Adegbulugbe, the chairman, Green Energy International Limited, and two directors, Dr Bunu Alibe and Mr Ayodele Olojed...
Share A Federal High Court in Abuja on Tuesday slated May 11, 2021, to commence hearing of the suit by Prof Anthony Adegbulugbe, former Special Adviser on Energy to former President Olusegun Obasanjo over ownership of an oil company. The plaintiff, Prof Adegbulugbe, had dragged two directors of the oil company, Green Energy International Ltd to court over the ownership of the oil company. At the resumed hearing of the matter on Tuesday, the two defendants, through their counsel, Alade Agbabiaka (SAN) prayed the court for an order discharging the exparte order granted in favour of the plaintif...
Sometime ago, I published ' Musings I). Originally published in my 'Taxspectives' column in 'Why Government Must Acquire a Business Mindset...'), it is also available as a LeLaw Thought Leadership Insights piece amongst others at: www.lelawlegal.com. Subsequently, the Nigerian Immigration Act, No. 8 of 2015 (IA), was enacted, repealing its predecessor, IA, The Immigration Regulations 2017 issued pursuant to the IA followed; and most recently, the Ministry of Interior (MoI)'s Citizenship and Business Department issued the ' Handbook on Expatriate Quota Administration (Revised 2020)' (the ...