archiveNovember 2016

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...

  By ABDUL OLALEKAN As companies in public and private sectors continue to downsize, with some closing shops due to economic recession in the country, about 28,120 workers, who had lost their jobs, have applied to get 25 per cent of their pension contributions in the current year, Business 247...

Following the recommendation by the National Universities Commission (NUC), the Federal Government on Wednesday gave provisional licences for the establishment of eight new private universities in the country. The Minister of State for Education, Prof Anthony Anwuka, who disclosed this while speaking to newsmen after the Federal Executive Committee (FEC)...

Investors on the Nigerian Stock Exchange (NSE) suffered a loss of N384 billion in the month of October as the market capitalisation dropped by or 3.95 per cent to close at N9.349 trillion, against N9.733 trillion achieved in September. Also, the NSE All-Share Index lost 1,115.31 points or 3.94 per...

The Nigerian Stock Exchange All Share Index (NSE ASI) and the Market Capitalization decreased by 0.11 per cent while the Year-to-Date return stood at -4.95 per cent. The All Share Index closed at 27,223.08 against the previous close of 27,252.48 while Market Capitalization closed at ₦9.351 trillion against previous close...