archiveNovember 2016

By Nkem Ndem Gone are the days when most Nigerians relied on cables for internet access. With the introduction of Wi-Fi, internet access is seemingly easier, faster and much more convenient. Although the almighty Wi-Fi is one of the most useful and important aspects of using a computer, it can...

Green party presidential candidate Jill Stein seeks donations to fund efforts in Michigan, Pennsylvania and Wisconsin over ‘compelling evidence of voting anomalies’. According to the guardian report monitored by Business247 News Online, Stein to formally file for Wisconsin recount as fundraising effort nears $5m Stein said she was acting due...

The President of the African Development Bank (AfDB), Akinwumi Adesina, has announced the appointment of five Director Generals for the pan African organisation. Adesisa said: “I am pleased to announce the appointments of five Directors General. With the completion of the appointments of the Directors General and the Country Managers...

The Nigeria Labour Congress (NLC) has called on the Federal Government to find a way to halt the free fall of naira against other international currencies to save millions of Nigerians devastated by high inflation. The NLC in a press statement signed by its President, Ayuba Wabba, and General Secretary,...

Niyi Jacobs Traders in Lagos have been lamenting over the drastic low patronage of items and products at their stores even as Christmas season is fast approaching. Investigation by Business247 News Online shows that there has been a sharp decline in trading activities in Lagos Island,  Ikeja and Iyana Ipaja...

First City Monument Bank (FCMB) Group Plc has reported N140.7 billion in gross earnings for the third quarter ended September 2016, 29 per cent above N109.3 billion recorded in the same period prior year. The group non-interest income stood at N44.8 billion, for Q3 2016, an increase of 128 per...

...says 102 killed, 215 injured, 50,000 houses burnt in six months The Christian Association of Nigeria (CAN) has expressed concern over the killing of 102 villagers in Godogodo and Gidan Waya communities in Jema'a Local Government Area of Kaduna State by Fulani herdsmen, saying both President Muhammadu Buhari and Kaduna...

The House of Representatives on Thursday described former President Olusegun Obasanjo as the “most corrupt” Nigerian on the record. According to the lawmakers the “greatly corrupt” and “morally bankrupt” former leader is effectively plotting to derail the government of Muhammadu Buhari in the same manner he allegedly did to successive...

The Securities and Exchange Commission (SEC) is set to improve the financial literacy of Nigerians as poor financial literacy has been identified as one of the factors responsible for the low level of financial inclusion in the country. This was disclosed by Director General of the Securities and Exchange Commission...

The equities market resumed its downward trajectory on Thursday following Wednesday’s positive close that ended eight consecutive losing sessions as the  market capitalization declined at the end of the day transactions by N10 billion Market capitalisation dropped by 0.1 per cent to N8.77 trillion from N8.78 trillion with which it...