archiveNovember 3, 2016

The Nigerian Stock Exchange All Share Index (NSE ASI) and the Market Capitalization continued its downward movement on Thursday as they decreased by 0.66 per cent, while the Year-to-Date return stood at -5.58 per cent. The All Share Index closed at 27,044.36 against the previous close of 27,223.08 while Market...

As Bayelsa State marks its 5th Annual Thanksgiving Day celebration, Governor Seriake Dickson has called on the people of the state to jettison all divisive tendencies and join forces with his administration to build the state. Speaking at the well-attended event on Wednesday, at the State Ecumenical Centre at Igbogene,...

  As Adeosun restates FG’s commitment to PPP model Vice-President Yemi Osinbajo, on Thursday, explained that the current administration decided to invest heavily in infrastructure because it is convinced the effort would translate into economic growth for the country. Speaking at the African Development Bank Knowledge Sharing Forum in Abuja,...

  By Niyi Jacobs The Minister of State, Ministry of Budget & National Planning, Mrs. Zainab Ahmed, has said that the 2017-2019 Medium Term Expenditure Framework (MTEF) has been prepared and approved by the Federal Executive Council (FEC) and is currently before the National Assembly for consideration . The minister...

The Nigerian National Petroleum Corporation says pipeline vandalism across the country has reduced by 28 per cent. According to news Agency of Nigeria (NAN) report, the corporation made this known in its 13th publication of Monthly Financial and Operations Report released on its website on Thursday. The report said that...

The National Youth Service Corps (NYSC), an organization set up by the Nigerian government since 1973 to ensure Nigerian students give a mandatory one-year service upon graduation, recently issued out call-up letters to certain individuals who have qualified to join the last batch for the year. However, while these individuals...

The Chairman, Federal Inland Revenue Service (FIRS), Mr Tunde Fowler, has disclosed that the organisation received more than 700,000 applications from the recent job advert it placed. Fowler made this known on Wednesday in Abuja when he appeared before the House of Representatives Committee on Public Petition. The FIRS boss’...

Standard Bank Group, to which Stanbic IBTC belongs, has clinched two awards at the Global Private Banking Awards for 2016 by Professional Wealth Management (PWM) and The Banker Magazine. The bank was named the ‘Best Private Bank (Wealth and Investment) in Nigeria’ and the ‘Best Private Bank in Kenya,’ an...

The battle for the 2016 Cowbellpedia Mathematics crown will be won and lost this weekend as twelve finalists roll up their sleeves in preparation for the final ‘battle’. The finalists are spread across three states in the south west, while three schools in Ota, Ogun State produced nine of the...

The African Development Bank’s (AfDB’s) board on Wednesday approved a $600 million loan for Nigeria to solve the problem budget deficit brought on the country as a result of economic recession. A senior official of the development bank explained that the facility was the first tranche of the $1 billion...