archiveNovember 2016

  Dedicates victory to God, promises not to fail people The Independent National Electoral Commission, INEC, has declared the All Progressives Congress (APC) governorship candidate in yesterday’s governorship election in Ondo State, Chief Rotimi Akeredolu, as the winner of the poll. The Returning Officer, Prof Abdul-Ganiyu Ambali, on Sunday in...

The market All-Share Index (NSE ASI) and the Market Capitalization which opened the week at 25,537.54 and N8.791 trillion depreciated by 0.80 per cent to close the week at 25,333.39 and N8.721 trillion respectively as investors record a joint loss of N70 billion. Similarly, all other Indices finished lower during...

By Nkem Ndem Lagos taxi cab drivers are huge lifesavers for commuters in the city ,especially when the commuters are first-time visitors, who do not have the muscle required to navigate Lagos city via public transport systems. With the constant traffic and bustling around the city, however, the job of...

Fidel Castro, Cuba's former president and leader of the Communist revolution, has died aged 90, his brother has said, according to BBC report monitored by Business247 News Online. "The commander in chief of the Cuban revolution died at 22:29 hours this evening (03:29 GMT Saturday)," President Raul Castro said. Fidel...

No fewer than 200 Civil Society Organisations are to meet in Abuja and Enugu, respectively, next week on increased use of Nigeria’s Freedom of Information (FOI) Act. The 2-day roundtables are being put together by the Media Initiative against Injustice, Violence and Corruption (MIIVOC), in collaboration with the Freedom of...

President Muhammadu Buhari is being represented this weekend in Abu Dhabi by Vice President Yemi Osinbajo, SAN, as Nigeria and the United Arab Emirates seek to build closer relationship and economic ties. According to a press statement by Senior Special Assistant on Media & Publicity to the Vice President Mr....

Trading activities on the Nigerian Stock Exchange (NSE) ended the week on a negative note on Friday as investors in  the market made a loss of N54 billion. The market capitalisation which opened trading at N8.774 trillion lost N54 billion or 0.62 per cent to close at N8.720 trillion even...

First City Monument Bank Limited (FCMB) plans to raise 7.5 billion naira ($25 million) in so-called Tier-II supplementary debt by year-end to strengthen its capital base, it said on Friday. According to Reuters report monitored by Business247 News Online, the bank had said in August it will raise between 10...

The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dakuku Peterside, has identified quality of governance, anti-corruption, institutional integrity, education as well as sound economic policies as factors that could transform a nation to greatness. Peterside, who was the speaker at this year’s University of Nigeria...

...Says let's be guided by history Following the end of campaigns in Ondo State, ahead of Saturday’s Governorship Elections, Bayelsa State Governor, Hon. Henry Seriake Dickson, on Friday called on stakeholders and critical actors in the process to ensure that nothing is done to undermine peace, security and stability. He...