archiveDecember 5, 2016

The founder, High Chief Aleogho Dokpesi, the Chairman, Board of Directors, Management and Staff of Daar Communications Plc most sincerely express their heartfelt appreciation and gratitude to: The Institutions of State Regulatory Agencies Corporate Nigeria The Advertising Community The Nigerian Media Our Shareholders The General Public & Stakeholders Our International...

Nigeria will maintain oil output at 1.9 million barrels per day (bpd) with all three of its main fields on line, Nigeria's oil minister Emmanuel Ibe Kachikwu said on the sidelines of India's Petrotech energy conference on Monday. According to Reuters’ report monitored by Business247 News Online, Nigeria in October...

At least 1.2 million Nigerians will be given soft loans which attract between two and three per cent interest rate as part of efforts to create jobs under government’s social investment programme. Mr Laolu Akande, the Senior Special Assistant to the Vice President on Media and Publicity, told the News...

By Abdul Olalekan The Akinwunmi Ambode-led administration in Lagos State has, from August, 2015 to date, paid N21.929 billion as accrued pension rights to 5,027 retirees under the Contributory Pension Scheme (CPS). The state government, through the Lagos State Pension Commission (LASPEC), equally paid N941 million retirement benefits to 228...

By Abdul Olalekan The National Pension Commission (PenCom) has charged justices, judges and other senior judicial officers to seek more enlightenment on the rudiments of the Contributory Pension Scheme (CPS) so that they would be able to give fair judgement on pension matters in the country. The Director-General, PenCom, Mrs....

The President, African Development Bank (AfDB), Dr. Akinwumi Adesina has disclosed plans to launch $800 million scheme to support the agriculture sector. Adesina said the initiative called the Technology for African Agriculture Transformation (TAAT) was part of efforts designed to encourage technological innovation in the sector. He made this known...

Two civil rights organisations, International Society for Civil Liberties and the Rule of Law and the South East Based Coalition of Human Rights Organisations, have called on the South East Governors and National Assembly legislators to intervene and stop militarisation and extortion in Igbo Land. They said it was part...

Two Chinese companies, Ningbo  Cgas Valve company Limited and Hangzhou Tianlong Steel Cylinder Company Limited, are set to declare an international trade dispute with Ecobank Nigeria over an alleged non- remittance by the bank of $112,166.00(N52,718.020) being an accrued sales proceeds from goods sold to a Nigerian importer, Mr Ejimofor...

The Nigerian Stock Exchange (NSE) began this week with a marginally gain of 0.01 per cent on Monday to extend uptrend to the fourth day in a row. Leading indicator, the All-Share Index (ASI) rose by 2.21 basis points to 25,743.03 points from 25,740.83 basis points it closed on Friday....

The National Chairman of the All Progressives Congress (APC), Chief John Odigie-Oyegun, has explained that the present economic realities in the country were enough justification for the $29.9 billion external borrowing that the President Muhammadu Buhari administration is seeking. It would be recalled that the Senate had earlier turned down...