archiveSeptember 2016

MTN is targeting to raise about N330 billion ($1 billion) in an Initial Public Offering (IPO). This is said to be a condition tied to the settlement of a fine imposed on the company by government. According to Bloomberg report monitored by Business247 News Online, minority shareholders may sell down...

  Says we can’t run economy on hope   In the press statement it called the "State of the Nation Address"; KOWA Party criticized the present administration of President Muhammadu Buhari, condemning its attitude to the economy, alleged human rights violations, the war on corruption among others. The party, however,...

The Registrar/Chief Executive of Joint Admissions and Matriculation Board, Prof. Is-haq Oloyede, would repeat the wonders he performed at the University of Ilorin (UNILORIN), where he was Vice Chancellor. This was the position of the Non-Academic Staff Union of Educational and Associated Institutions (NASU), an affiliate of the Nigeria Labour Congress...

The plan by the Nigerian Stock Exchange (NSE) to introduce depository receipts that would allow investors to purchase foreign company shares in naira has been put on hold for now. The Chief Executive Officer (CEO) of the Exchange, Mr Oscar Onyema disclosed to Bloomberg in an interview. According to the...

Governor Seriake Dickson of Bayelsa State has warned those who encroach on government lands and properties to desist from the unwholesome practice as anyone found culpable would be prosecuted. Dickson gave the warning when the State Special Task Force on Identification and Recovery of Government Lands, headed by Chief Ige...

The Peoples Democratic Party (PDP), the main opposition party in Nigeria, has called on President Muhammadu Buhari to resign, accusing his administration of incompetence as the nation has been confirmed by the latest statistics from the National Bureau of Statistics (NBS) to be in economic recession. The party on Wednesday...