archiveDecember 2016

President Muhammadu Buhari has commended member countries of the Economic Community of West African States (ECOWAS) for adopting single biometric identity card meant to facilitate free movement of persons within the sub-region. The president gave the commendation at the ongoing 50th Ordinary Session of the Authority and Heads of State...

By Nkem Ndem It’s been a rough year for Nigeria. From the hike in the price of the dollar to increase in the cost of food and living, there have been a lot of reasons to feel discouraged about the giant of Africa. Many have become fixated on big-picture worries...

By Abdul Olalekan The Nigeria Deposit Insurance Corporation (NDIC) has warned Nigerians to desist from dealing with wonder banks as well as online schemes such as,  Mavrodi Mundial Movement (MMM), stating that anybody transacting business with these institutions is doing so at his own risk. The Managing Director/CEO, NDIC, Mr....

By Abdul Olalekan As preparation for Christmas and New Year festivals is gradually entering its peak, Future Unity Glanvills (FUG) Pensions Limited has partnered the Federal Road Safety Corps(FRSC) to sensitise drivers on speed limits, especially, during the festive period. Speaking in an exclusive interview with Business 247 News Online,...

By Abdul Olalekan As the country continues to groan under huge infrastructure deficits, economic experts have charged the Federal Government to adopt Chinese model, to build more roads and effective rail system in the country. The experts, who spoke at a workshop organised by the Nigeria Deposit Insurance Corporation (INDIC)...

The West African Examination Council (WAEC) has released the results of the General Certificate of Education  (GCE) withholding the results of 13,488 private candidates out of the 172,699 who sat for the 2016 West African Senior School Certificate Examination (WASSCE). Head of National Office (HNO) WAEC, Mr Olu Adenipekun, announced...

The Nigerian Stock Exchange All Share Index (NSE ASI) and the Market Capitalization increased by 0.56 per cent, while the Year-to-Date return stood at -6.76 per cent The All Share Index closed at 26,707.10 against the previous close of 26,559.01 while Market Capitalization closed at ₦9.189 trillion against previous close...

The Office of the Accountant General of the Federation has  mandated the Central Bank of Nigeria (CBN) for payment of naira equivalent of US$1,173,820.00 at N305/$  to Nigeria Football Federation to pay outstanding winning bonuses for Super Eagles in the 2018 World Cup qualifying matches and for the Super Falcons’...

A leading lawyer and activist, Ebun-Olu Adegboruwa, has said that the Acting Chairman of the Economic and Financial Crimes Commission (EFCC), Mr. Ibrahim Magu cannot continue in acting capacity despite being rejected by the Senate as substantive chairman of the anti-graft agency, stating that the anti-graft agency is too sensitive...

Forty per cent of men aged about 40 years and above are living with prostate cancer and many are unaware of their status, an expert has said. Dr Ovunda Omudu, Head, Department of Surgery at the Braithwaite Memorial Specialist Hospital, disclosed this on Thursday while delivering a lecture on cancer...