Business
Jonathan Appoints SEC Chairman, DG
President Goodluck Jonathan has appointed the former Governor of Anambra State, Dr. Peter Obi, as chairman of the nation’s securities and Exchange Commission (SEC) for the next four years.
This was made known yesterday by the President who acted to fulfill his earlier promise that SEC was not expected to be without permanent leaders due to the sensitive nature of its functions.
President Jonathan also approved the nomination of Mr. Munir Gwarzo as the substantive Director General (DG) of SEC for the next five years.
Gwarzo was appointed the acting Director General at the expiration of the tenure of the former DG, Ms Arunma Oteh.
By the present approval, Gwarzo’s position as the acting DG was now being upgraded to the DG of SEC according to the nomination by market stakeholders and approval of the President of the federation.
It would be recalled that President Jonathan during his visit to the Nigerian Stock Exchange (NSE) earlier this month said the commission would have a DG before the end of April, adding that having an acting DG would not give the sensitive commission an opportunity to perform its duties to the nation as the capital market regulators.
He also said that the commission’s work has a sensitive impact on the economic growth of the nation.
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.
Business
NIS Ends Decentralised Passport Production After 62 Years
Business
FG To Roll Out Digital Public Infrastructure, Data Exchange, Next Year
-
City Crime5 days ago
ECN Commences 7MW Solar Power Project In AKTH
-
News5 days ago
Fubara Begins Afresh, Seeks Spiritual Support
-
Maritime5 days ago
Lagos Ready For International Boat Race–LASWA
-
News5 days ago
Shettima Arrives New York for UN General Assembly
-
Editorial5 days ago
No To Political Office Holders’ Salary Hike
-
Oil & Energy5 days ago
Increased Oil Bunkering: WIPM Seeks Security Agency’s Intervention
-
News5 days ago
WE’VE DUTY TO MAKE PEACE IN RIVERS PERMANENT – FUBARA …..Says He Won’t Take Mr President’s Kindness For Granted
-
Maritime5 days ago
NCS Sensitises Stakeholders On Automated Overtime Cargo Clearance System