Eligibility Criteria
SEC sets deadline for crowdfunding platforms registration
File Photo The Securities and Exchange Commission has directed all existing investment crowdfunding portals/digital commodities investment platforms to note the requirements and eligibility criteria for raising funds through and/or operating a Crowdfunding Portal and comply with the registration requirements or cease operations by the 30th of June, 2021. This was contained in a notice released by the Commission on Wednesday. According to the SEC, the rules governing Crowdfunding business in Nigeria came into effect on the 21st day of January, 2021, which was part of efforts by the Commission to ensure investor protection while encouraging innovation in the conduct of securities business. “In line with the transitional provisions of the Rules, all persons/entities operating an investment cr...
China joins calls for IWF to publish list of election candidates
Nations from around the world have written to the International Weightlifting Federation (IWF) to express their dismay at the governing body’s failure to publish the list of candidates for forthcoming elections. There have been complaints of poor governance, a lack of transparency, and giving an unfair advantage to certain candidates on the current IWF Executive Board who have the information that is denied to others. For the last elections in 2017 the list was published five days after the nominations deadline. This year, eight days have passed already and there is no sign of the IWF naming the candidates for President, first vice-president, vice-president, and a place on the Executive Board. The IWF is entitled, under current regulations, to wait until 30 days before the elections – Febr...
Nigerian governors to meet with President Buhari to address security challenges
Governors of the thirty six states under the aegis of the Nigeria Governors Forum, NGF have resolved to meet with President Muhammadu Buhari to address the security challenges with continued cases of armed banditry, terrorism and kidnapping across the country. The governors are meeting with President Buhari especially to discuss last week’s gruesome beheading of about 43 Farmers in Zarbamari near Maiduguri, Borno State by Boko Haram Insurgents while they were working in their farmland without any form of resistance. The decision was part of the resolutions reached at the end of the 22nd NGF teleconference meeting. In a Communique signed by the NGF Chairman and Ekiti State governor, Dr. Kayode Fayemi, said, ” Members of the forum resolved to meet with Mr. President as soon as possible to ad...
