archiveAugust 15, 2016

Trade transactions on the Nigerian Stock Exchange (NSE) started on a bright note on Monday as the twin-market indicators closed positive as the All-Share Index and Market Capitalisation recorded 27,316.52 basis points and N9.382 trillion respectively from 27,246.88 and N9.358 trillion with which it began the week transactions respectively. This...

African Central Bank governors have commenced week-long discussions in Abuja on how to better deploy monetary policies to deliver price stability for the continent rattled by low commodity prices under the auspices of Association of African Central Banks (AACB). Nigeria is hosting the meeting for the first time in 17...

For building confusion, fomenting trouble, misunderstanding and division in the country, the Christian Association of Nigeria (19 Northern States and the Federal Capital Territory), on Monday called on security agencies to arrest members of "two dissident groups",  Concerned Christians of Nigeria (CCN) and Northern Nigerian Christians (NNC), which have allegedly...

A Federal High Court in Abuja has suspended the PDP National Convention due to hold in Port Harcourt on Augus. 17, pending the determination of a suit filed by factional Chairman Ali Modu Sheriff. The embattled factional PDP Chairman, Sheriff, had approached the Federal High Court Abuja to apply for...

As manufacturing businesses in Nigeria contend with various economic, political and social uncertainties, the British Prime Minister’s Trade Envoy to Nigeria, Hon. John Howell, has urged manufactures to stay the course and maximize the scale of the opportunities that abound in the country Howell made this call during a courtesy...

The Lagos State Government has signed into law the Properties Protection Law. Its Governor, Mr Akinwunmi Ambode on Monday has fulfilled his pledge of making the menace of land grabbing in the state a thing of the past with the signing of the law. Ambode also signed the Lagos State...

  Corroborates Dangote’s position KPMG, a professional service company, disagrees with reports that South Africs has overtaken Nigeria as Africa’s largest economy in dollar terms, saying the calculations behind this assertion are methodologically incorrect. The company states that the reported dollar estimates were based on Gross Domestic Product (GDP) data...

In line with its tradition of bolstering Nigeria’s marketing industry using innovative platforms, the Advertisers Association of Nigeria (ADVAN), the umbrella body for all advertisers in Nigeria is set to bring together industry stakeholders and supporters to celebrate marketing teams that have made outstanding contributions to the industry. The event,...

No fewer than 159,361 disengaged Nigerian workers were paid N49.55 billion pension entitlement after they were unable to secure a new job, four months after their disengagement. The aforementioned amount was paid to the beneficiaries since the inception of the Contributory Pension Scheme (CPS) till the end of the first...

Economic intelligence group at Access Bank Plc has predicted 17.2 per cent inflation rate in July from 16.5 per cent posted in June. The hike in inflation rate, according to the group,  is on the background of National Bureau of Statistics (NBS) scheduled release of inflation figure for July 2016....