archiveOctober 27, 2016

The Minister of Finance, Mrs. Kemi Adeosun on Wednesday told the visiting Director, African Department of the International Monetary Fund (IMF), Mr. Abebe Aemro Selassie that the Federal Government was leaving no stone unturned in its bid to make infrastructure development a priority. Taking the visiting IMF chief through some...

The Senate Committee on Customs and Excise has commenced a probe into the activities of the Nigerian Customs Service (NCS) in order to block all revenue leakages. It was learnt that the committee would look into ways of increasing revenue generation capacity. The Chairman of the Committee, Sen. Hope Uzodimma,...

Union Bank Plc has declared 39.3 per cent increase in profit after tax to N13 billion in nine month period ended September 2016 from N9 billion in September 2015. The bank in its report to the Nigerian Stock Exchange (NSE) said its profit before tax grew by 39 per cent...

The Nigerian Stock Exchange All Share Index (NSE ASI) and the Market Capitalization increased by 0.08 per cent on Wednesday while the Year-to-Date return stood at -5.31 per cent, as investors managed to recoup only N7 billion out  of much they have lost of recent. The All Share Index closed...

Despite its earlier proposal to amend the act establishing the Joint Admissions and Matriculation Board (JAMB), the Nigerian Senate has suspended the idea to allow for adequate consultation with experts. A statement issued in Abuja on Wednesday by spokesperson of JAMB, Dr. Fabian Benjamin, said the Chairman, Senate Committee on...