Business
SEC Contract Staff Denied Access To Premises
Contract staff of the Securities and Exchange Commission (SEC) were on Tuesday in Abuja barred from the commission’s premises.
The 15 affected staff are believed to be those engaged by the Director-General of the Commission, Ms Arunma Oteh, who has been sent on compulsory leave.
A correspondent who visited SEC’s headquarters in Abuja, reports that security was beefed up around the office.
A staff, who spoke on condition of anonymity, said that only “confirmed staff” were allowed into the office.
Earlier, a statement signed by Secretary to the commission Mr Edosa Aigbekaen, said that the board after its 66th meeting held on Monday directed Oteh to proceed on compulsory leave.
The statement said that the compulsory leave was for an independent investigation of SEC’s Project 50 programme.
It said that the Executive Commissioner Operations, Ms Daisy Ekineh,will be the acting director-general.
According to the statement, the board suspended Oteh after considering the report of its audit and finance committees which investigated the sources and uses of funds for the Project 50 event.
The board also directed the Interim President of the Council of Nigerian Stock Exchange to commence the disengagement process.
Business
Kenyan Runners Dominate Berlin Marathons
Kenya made it a clean sweep at the Berlin Marathon with Sabastian Sawe winning the men’s race and Rosemary Wanjiru triumphing in the women’s.
Sawe finished in two hours, two minutes and 16 seconds to make it three wins in his first three marathons.
The 30-year-old, who was victorious at this year’s London Marathon, set a sizzling pace as he left the field behind and ran much of the race surrounded only by his pacesetters.
Japan’s Akasaki Akira came second after a powerful latter half of the race, finishing almost four minutes behind Sawe, while Ethiopia’s Chimdessa Debele followed in third.
“I did my best and I am happy for this performance,” said Sawe.
“I am so happy for this year. I felt well but you cannot change the weather. Next year will be better.”
Sawe had Kelvin Kiptum’s 2023 world record of 2:00:35 in his sights when he reached halfway in 1:00:12, but faded towards the end.
In the women’s race, Wanjiru sped away from the lead pack after 25 kilometers before finishing in 2:21:05.
Ethiopia’s Dera Dida followed three seconds behind Wanjiru, with Azmera Gebru, also of Ethiopia, coming third in 2:21:29.
Wanjiru’s time was 12 minutes slower than compatriot Ruth Chepng’etich’s world record of 2:09:56, which she set in Chicago in 2024.
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