archiveOctober 2016

  The wife of President Muhammadu Buhari says she may not back her husband at the next election unless he shakes up his government. According to Reuters’ report monitored by Business247 News Online, Aisha Buhari told the BBC in a interview published on Friday that her husband did not know...

Reprieve may soon come the way of businesses that have been crippled by some of the 41 items placed on forex prohibition list by the Central Bank of Nigeria (CBN) as the Nigeria Economic Summit Group has resolved at the just concluded 2016 summit that the Central Bank of Nigeria...

  By Chief Wole Olanipekun SAN (OFR) Some people don’t know and some pretend not to know that law has its technicalities-both civil and criminal proceedings. They talk of technicalities and say that lawyers delay cases, look, without being immodest; I have been involved in a lot of cases in...

  By Sufyan Abbas Mohammed   It has been sixteen months of President Buhari’s administration which translates into exactly one third of tenure of four years. Buhari therefore has only two-third of his tenure left, but it is yet to dawn on the administration and its supporters that the focus...

The Nigerian Stock Exchange All-Share Index (NSE ASI) dipped for the second day in a row, shedding 0.62 per cent to close at 27,854.78 basis points from 28,027.23 basis points, dragged by profit-taking in Banking and Oil & Gas shares. Investors on The Exchange lost N60 billion as market capitalisation...

The Minister of Finance, Mrs. Kemi Adeosun on Thursday disclosed that the Federal Government would soon issue a new template on approved expenses for state-owned enterprises as efforts were being intensified to control the nation’s recurrent expenditure. The Minister gave the hint at a workshop on Cost Management on Overhead...

The Nigerian Customs Service (NCS), Tin-Can Island port command, Apapa, seized a suspected 20 feet container belonging to a Lagos-based company, Nigerite on Thursday. The container was laden with 200 piece of the substance The company, Nigerite engages in the manufacturing, marketing and installation of new technology cement fibre roofing...

...warm detractors About 500 protesters under the aegis of Coalition of Civil Society Groups (COSG) on Thursday trooped to the streets in Abuja with a call on fifth columnists "who are sabotaging the efforts of Federal Government", in addressing the current economic recession in the country to desist from the...

The full text of Minister of Information and Culture, Alhaji Lai Mohammed’s speech on the release of 21 of about 300 kidnapped Chibok girls. Gentlemen of the press, good afternoon. We have called this press conference at a very short notice to brief you on the latest development in the...

The Centre for Social Justice, Equity and Transparency (CESJET) has called on the Federal Government to descend heavily on Islamic Movement in Nigeria (IMN), for masterminding the violent protests which led to the death of many persons in several cities Northern Nigeria. The organisation in a statement issued in Abuja...