archiveOctober 2016

Former Vice President and a leading member of the ruling All Progressives Congress (APC), Alhaji Atiku Abubakar has commended President Muhammadu Buhari for withdrawing criminal charges against the Senate President, Dr. Bukola Saraki, and his deputy, Mr. Ike Ekweremadu, describing the action as “a wise and timely move”. According to...

Ekiti State Governor, Mr. Ayodele Fayose, has condemned the attack on Asiwaju Bola Tinubu, describing it as humiliation of Yoruba race. The governor said allowing the National Leader of the All Progressives Congress (APC) to be embarrassed like past Yoruba leaders would not be in the interest of the race....

The Nigerian Equities market on Friday relapsed from previous trading session’s marginal growth following 0.70 percent decline in the Nigerian Stock Exchange (NSE) All-Share Index (ASI) to close at 27,835.22 basis points Consequently, investors on the Nigerian equities market lost N67.6 billion as market capitalization closed at N9.561 trillion against...

With the expected rise in foreign exchange (forex) demand by importers in December, the prospects of the naira in the months ahead do not look bright. NIYI OLAOYE, therefore,  writes on the fall of naira at the parallel market last week, exchanging at N490/dollar. December is usually characterized with fanfare,...

Colombia’s President, Juan Manual Santos, has won The Nobel Peace Prize for this year. Santos won the award for his efforts in ending the 50-year-old conflict between the Colombian government and FARC rebels. Santos was selected out of 360 nominees who were initially considered by the Nobel committee. Announcing the...

  ...want him prosecuted Another civil rights organisation, Nigerian Youths Collective Against Violence and Terrorism in Abuja on Thursday protested against the role played by the Islamic Movement of Nigeria led by Ibrahim El-Zak Zakky during the attack on Chief of Army Staff, General Tukur Buratai by members of his...

  There is a disagrement between the  Nigeria Employers' Consultative Association (NECA) and the the nation's  apex capital market regulator, the Securities and Exchange Commission (SEC)  as NECA has cried out against the sanctioning of some quoted companies by SEC for failing to file their fourth quarter unaudited results. NECA...

The  National Competitiveness Council of Nigeria (NCCN) has urged the government to take into consideration the recommendations made in the World Economic Forum’s Global Competitiveness Index  to improve the level of competitiveness and business productivity in the country. It would be recalled that on September 28th, 2016, the World Economic...

The Central Bank of Nigeria (CBN) has issued the guidelines for granting liquid asset status to Sukuk instruments issued by state governments. The details of the guidelines are contained in the CBN circular FMD/DIR/GEN/CIR/07/006 issued today, Thursday, October 6, 2016 and signed by Dr. (Mrs.) Angela Sere-Ejembi for Director, Financial...

The Senate has agreed with the House of Representatives to invite President Muhammadu Buhari to appear before a Joint Session of the National Assembly in Abuja to explain steps the Executive is taking to end economic recession in the country. The decision was taken on Thursday plenary and awaiting the...