archiveDecember 2016

United Bank for Africa (UBA) with its influence and reputation as one of Africa’s largest and most successful financial services group, has continued to grow with the latest showing at the keenly contested global banking awards, where it clinched five country awards. UBA won Bank of The Year 2016 in...

The equities market closed on Tuesday on a positive note as Nigerian Stock Exchange All Share Index (NSE ASI) appreciated by 0.97 per cent to close at 26,071.16 basis points from 25,817.69 basis points it closed on Friday. The market only opened for trading on Tuesday as the Federal Government...

...Takes off in 2017…. says Dickson The Bayelsa State Government has entered into an agreement with Oyesis Global Network Nigeria Ltd for the management of the Government House Hospital Complex, towards actualizing its vision of transforming the state to become a major medical tourist destination. Speaking shortly after signing the...

   The Delta State chapter of the Nigeria Union of Pensioners (NUP), has staged a peaceful protest in Asaba, requesting the state government to pay N8.1 billion owed its members.  The state Chairman, Ogbuefi Robert Chukwunyem,  noted that the protest preceded the 2016 Pensioners Day.  He explained that the N8.1...

Nigerian President, Mohammadu Buhari and three other African heads of state are in The Gambia on Tuesday with a mission to persuade President Yahya Jammeh to leave office after his defeat at the ballot box, according to AFP report. Jammeh’s party has vowed to challenge the December 1 vote result...

By Nkem Ndem It’s Christmas, the season to shop for presents. And of course, you definitely want to include your parents on the list when you go shopping. But then…when the holiday season comes rolling around, there’s a good chance the parents on your shopping list need just about everything...

The International Chamber of Commerce Nigeria (ICCN) has expressed commitment to assisting Nigeria in improving foreign direct investment (FDI) inflow into the country. Chairman of ICCN, Mr. Babatunde Savage said this in a statement signed by Secretary-General of the Chamber, Mr. Olubunmi Osuntuyi in Lagos on Tuesday. According to him,...

The Nigerian Senate on Tuesday directed its committees on Finance, Petroleum Upstream and Downstream to investigate the Nigerian National Petroleum Corporation (NNPC) and Nigerian Petroleum Development Company (NPDC) over the allegation of non-remittance of $3.47 billion to the federation account. The Senator representing Kogi West, Dino Melaye, while moving a...

Senate President, Dr Bukola Saraki, will on Sunday in Ilorin honour 71 students from Kwara who graduated with First Class from Nigerian universities during the 2015/2016 academic session. Adeyinka Adekeye, Project Manager, Saraki Employment and Empowerment Centre (SEEC), told newsmen that the Senate President would announce scholarships for the 71...

The Central Bank of Nigeria (CBN) and the Nigerian Deposit Insurance Corporation (NDIC) have commissioned a study on the establishment of an institution that would take after the Asset Management Company of Nigeria at its expiration. The institution, which is being scripted as a private sector-led initiative to avoid the...