archiveSeptember 2016

The Institute of Chartered Accountants of Nigeria (ICAN) on Friday  renewed its support for the various economic policies of the administration of President Muhammadu Buhari, saying there is hope for Nigeria. President of ICAN, Deacon Titus Soetan, who led a delegation of the institute’s executives to the Minister of Finance,...

  A Federal High Court in Ikoyi, Lagos State, has dismissed an application filed by two major oil firms, Chevron Plc. and Total Plc., seeking to stop the companies’ trial on allegation that they under-declared the quantity of crude oil they lifted from Nigeria. Justice Mojisola Olatoregun struck out the...

No fewer than 4,466 retirees of the Lagos State civil services were paid N18.598 billion as pension accrued rights by the state government. The state government, through Lagos State Pension Commission (LASPEC) said the aforementioned sum was paid within 14 months, stating that the beneficiaries are from the Mainstream Civil...

The Lagos State Governor, Akinwunmi Ambode, Honourable Kehinde Odeneye of the House of Representatives, Bank of Industry (BOI) and Orlean Invest African, would join one other prominent Nigerian and companies that would be recognized at the sixth edition of the yearly Crystal Nite of Excellence of the Commerce and Industry...

The Federal Government has on Thursday ordered the reintroduction  of History as a taught subject across basic schools nationwide. The Minister of Education, Adamu Adamu, who called for the disarticulation of Social Studies in the current curriculum of basic schools and reintroduction of History as a subject, said this had...

The current fall in crude oil prices in the international market has been identified as an indispensable opportunity to revamp the ailing Nigerian economy. This revealed by the Development Finance Director, Central Bank of Nigeria (CBN), Dr. Mudashiru Olaitan in a seminal paper “Real Sector Financing for Inclusive Growth and...

Nigeria's inability to improve on the quality and standard of it exported primary products has constituted an impedimenttoimprovement in earnings and volume of its non-oil exports. The Executive Director and Chief Executive Officer of Nigerian Export Promotion Council (NEPC), Olusegun Awolowo disclosed this on Thursday, September 29, 2016 at the...

The Federal Government has declared Monday, October 3, 2016, as Public Holiday to mark Nigeria’s 56th Independence Anniversary. The Minister of Interior, Lt-Gen. (rtd) Abdulrahman Bello Dambazau, made the declaration on Thursday. On behalf of the Federal Government, he congratulates Nigerians at home and abroad on the commemoration of this...

Investors on the Nigerian Stock Exchange (NSE)  traded 365.37 million shares on Thursday valued at N2.09 billion exchanged in 2,905 deals as against the 159.05 million shares worth N1.45 billion traded in 3,237 deals on Wednesday. The Financial Service Sector remained the toast of investors as Continsure emerged the most...

The Minister for Industry, Trade and Investment has on Thursday dismissed the accusation that he was involved in an alleged illegal transfer of $13.92 billion MTN. A parliamentary motion named Okechukwu Enelamah earlier this week, saying MTN had used him and some Nigerian banks to move the money out of...