archiveNovember 2016

The names of the 200,000 unemployed graduates selected in the first batch of the Buhari administration’s plan to hire half a million Nigerians will be published this week on the N-Power internet portal, while the participants would start receiving SMS messages informing them of their selection as from today, Monday...

By ABDUL OLALEKAN Insurance industry in the country is losing about N40 billion on a yearly basis to an estimated 8 million tricycles and motorcycles who ply Nigerian roads without genuine insurance cover, Business247 News Online investigations have revealed. Since 2010, there has been an influx of tricycles, popularly known...

The mother of former FIRS boss, Ifueko Omogui-Okauru shot by armed robbers recently in Benin, Edo State capital died on Saturday. Mrs Grace Omogui, aged 82, was said to have been shot severally when she was coming from a bank along Sapele Road recently. She died later at a Lagos...

  By Nkem Ndem Feeling adventurous and have seven days to spare? Why not travel around Nigeria? From the north, east, west to the south, the country is engorged with beautiful and remarkable cities (some untouched by democracy, scandal or progress), rich history, ancient art, enthralling and age-caressed landscapes, delicious...

The National Bureau of Statistic (NBS) has said instant electronic payment hits N9.5 trillion in 38.829 million transactions by the end of third quarter of 2016. The bureau data on its third quarter 2016 (Q3) electronic payment channels in the Nigeria banking sector revealed that 157.105 million transactions were recorded...

The Senator Ahmed Makarfi led faction of the Peoples Democratic Party (PDP) has asked the Independent National Electoral Commission (INEC) to postponed the Ondo State governorship election scheduled for Saturday, November 26, to allow the court to decide on the authentic candidate of the party. The party warned that both...

By ABDUL OLALEKAN Consolidated Hallmark Insurance Plc posted a Gross Premium Income of N4.84 billion in its third quarter,2016 as against N4.65 billion posted in the corresponding period in 2015, representing a marginal rise of 5 per cent. The Total Assets of the insurance firm also grew from N 6.96...

Putting it mildly, this is not the best of time for equities investors on the Nigerian Stock Exchange (NSE) as the value of their investments has continued to depreciate at alarming rate. The market All-Share Index (NSE ASI) and the Market Capitalization which opened the week at 26,170.88 and  ₦9.009...

Niyi Jacobs Governor, Central Bank of Nigeria (CBN), Mr Godwin Emefiele, has asked the Federal Government to invest in some basic infrastructures like road  bridges , airport, railways and information technology as he said this is not only good in terms of immediate job creation, but will act as a...

By Nkem Ndem The current situation of the Nigerian economy has dampened the hearts of so many citizens and curtailed a number of their activities…especially travelling.  Even those who normally would travel in luxury are now thinking twice about hitting the road. A vacation filled with private jets, luxury accommodations,...