archiveNovember 2016

Clifford University, Owerrinta, Imo State (owned by the Seventh Day Adventist Church), on Tuesday made another history when it secured provisional licence from the National Universities Commission (NUC) in Abuja. Other recipients of the licenses are Anchor University, Ayobo, Lagos State (owned by the Deeper Christian Life Ministry); Arthur Jarvis...

Bayelsa Caucus of the National Assembly has restated its commitment to collaborate with the Dickson-led administration to attract various development projects and programmes to the state. Chairman of the Caucus, Senator Foster Ogola stated this on Monday, when he led members to pay a solidarity visit to Governor Seriake Dickson...

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has retained the benchmark interest rate at 14 per cent on and maintained existing Cash Reserve Ratio (CRR) for Deposit Money Banks (DMBs) at 22.5 percent, the apex bank Governor, Mr. Godwin Emefiele disclosed on Tuesday. Rising from...

  The latest data of the National Bureau of Statistics (NBS) has revealed that  the Real GDP growth of the manufacturing sector slowed by 2.63 per cent points in the third quarter of 2016, to -4.38 per cent (year-on-year) from –1.75 per cent growth recorded in third quarter of 2015....

A socio-political organisation and prominent political arm of the All Progressives Congress (APC) in Ondo State, Owo Totality, described as fake an opinion poll purportedly conducted by a Lagos-based firm which gave the Alliance for Democracy (AD) candidate, Olusola Oke, an edge over all the other candidates in the governorship...

The Senate has rejected the recommendation by the Nigerian Law Reform Commission on the review of the Nigerian Foreign Exchange Act, which will empower the Central Bank of Nigeria (CBN)to jail people for up to two years or fine them for 20 per cent of the amount of the foreign...

Urges board to publish unutilized admission slots The Federal Government on Monday gave approval to the demand of the board of the Joint Admissions and Matriculation Board (JAMB) to enable tertiary educational institutions to set different cut-off points for universities, polytechnics and colleges of education as against the unified mark...

The Central Bank of Nigeria (CBN) says it has no plans to amend the Foreign-Exchange Act to provide for the imprisonment of anyone who holds foreign currencies, particularly the United States dollars, for more than 30 days. A statement from the CBN on Monday said the apex bank “has nothing...

The stock market  activities  resumed on the Nigerian Stock Exchange (NSE) on  negative territory where it was for the whole of last week as the market  All-Share Index (NSE ASI) and the Market Capitalization decreased by 0.15 per cent, while the Year-to-Date return stood at -10.97per cent. The All Share...

With less than one week to the Ondo State governorship election, 20 political parties on Monday in Abuja demanded that the Independent National Electoral Commission (INEC) should postpone exercise because of security reasons. Rising from an emergency meeting held at the national secretariat of Labour Party (LP), the 20 parties...