archiveSeptember 6, 2016

The Divisional Student Affairs Department of Obafemi Awolowo University (OAU), Ile-Ife, Osun State has said in a statement that it has shut down all mosques located in the school hostels over allegations raised against  the local branch of Muslim Students Society of Nigeria (MSSN). The school authority in the statement...

The Central Bank of Nigeria (CBN) has said that it would sanction any of the Deposit Money Banks (DMBs) that contravenes the terms and conditions of the Nigerian Electricity Market Stabilisation Facility (NEMSF). The apex bank gave the warning on Monday (September 5, 2016) in a circular signed by its...

The Central Bank of Nigeria (CBN) would raise about N1.77 billion in Treasury Bills (TBs) in the last three months of the year. According to the CBN fourth quarter Treasury Bill Issue Programme  released on Monday, the apex bank said it plans to raise about N815.37 billion, comprising 91 days,...

The Nigerian Labour Congress (NLC) has advised President Muhammadu Buhari to seek the advice of indigenous economists to generate the necessary ideas and policies that will provide solution to the economic recession in the country. The President of NLC, Comrade Ayuba Wabba, gave this advice yesterday in Abuja,stressing that the...

Shareholders of four banks listed on the Nigerian Stock Exchange (NSE) will receive a sum of N29.7 billion in dividend for the half year ended June 30, 2016 despite the severe macro economy challenges. Given the challenging operating environment and stiff regulatory environment, analysts have expressed that investors in the...