archiveJuly 2016

The Joint Admissions and Matriculation Board (JAMB) has come out to explain that the point system copied from its website as criteria for admission into tertiary institutions in the country and currently circulating was a mere illustration. This was contained in a statement by the Board and signed by its...

The Civil Society Network Against Corruption (CSNAC) has urged the Economic and Financial Crimes Commission (EFCC) to investigate the Chief of Army Staff (COAS), Tukur Buratai, over alleged diversion of funds to purchase properties in Dubai, United Arab Emirates (UAE). In a petition forwarded to the anti-graft commission and signed...

...say muslims are entitled to one day public holiday in next Eid-el-Kabir celebration A group of Christians in Nigeria led by National Christian Elders Forum (NCEF) have condemned the extension of public holiday by the Federal Government over the non-sighting of the moon during the just-concluded Eid-el-Kabir celebration by the...

Only nine equities appreciated in price during the week on the Nigerian Stock Exchange (NSE), lower than 22 equities of the previous week, 48 equities depreciated in price, lower than 52 of the previous week, while 123 equities remained unchanged higher than 106 equities recorded in the preceding week. The...

In its continued effort to create and preserve wealth and curb unemployment among youths, Heritage Bank Plc in partnership with the Centre for Values in Leadership (CVL) has graduated 100 young entrepreneurs in the CVL Young Entrepreneurship Training Programme (YETP) in Ajegunle, Lagos. The CVL is aimed at identifying young...

Global Credit Ratings (GCR), an international rating agency at the weekend,  affirmed Sterling Bank Plc's national long term and short term ratings of BBB(NG) and A3(NG) respectively, with the outlook accorded as stable. This rating which is valid until July 2017 comes after another global ratings agency, Moody's Investors Service,...

Following the Central Bank of Nigeria (CBN) new foreign exchange guidelines, Lafarge Africa Plc has announced exchange loss of N28 billion arising from Dollar borrowings. The company in a statement signed by its company Secretary, Uzoma Uja, noted that the cement manufacturing company had borrowed in total sum of $395...

The Speaker of Federal House of Representatives, Rt. Honorable Yakubu Dogara,  has pledged to deepen the nation’s capital market using the legislative backing. The speaker who visited the Nigerian Stock Exchange (NSE) alongside Chairman, Committee on Capital Market, Hon. Tajudeen Yusuf; Deputy Chairman, Media and Publicity, Hon. Gaza Gbefwi at...

Market transactions on the Nigerian Stock Exchange (NSE) closed the week negative on Friday after a three-day holiday for Ramadan celebration. Investor recorded a loss of N51 billion as the Market Capitalisation which opened the day trading activities at ₦9.961 trillion closed at N9.910 trillion. Also, the All Share Index...

ABDUL-KHALIQ OLALEKAN National Association of Nigerian Student (NANS), has nominated and conferred National Outstanding Leadership Award 2016 on President, Nigerian Council of Registered Insurance Brokers (NCRIB), Mr. Kayode Okunoren. The award which was presented to Okunoren at the NCRIB Secretariat in Lagos by the NANS President ably represented by NANS...