archiveDecember 2016

Investors in the equities market lost N25 billion on Tuesday over profit-taking in some highly capitalised shares. Specifically, the market capitalisation that closed today at N8.831 trillion in contrast to N8.855 trillion recorded after Monday’s trading. Leading market indicator, All Share Index (ASI) closed at 25,671.23 basis points in contrast...

*Winners to present advocacy campaign video at Grand Finale Thursday, in competition where children become advocates against terrorism *Over 3000 entries from Borno, Adamawa & Yobe After rigorous essay writing sessions and validation of submitted entries, 18 finalists have emerged winners of the Essay Writing Competition in the recently announced...

The Seaport Terminal Operators of Nigeria has commended the Federal Government for banning the importation of vehicles into the country through the land borders. The Chairman of the group, Princess Vicky Haastrup, while reacting to the ban announced by the Federal Government on Monday said the move, if well implemented...

The Senate will on Wednesday, December 7th, 2016, begin the public hearing on the Petroleum Industry Governance Bill (PIB), which passed the second reading on Tuesday, November 1st, 2016. The PIB governance legislation, which has been stalled in successive Assemblies, has reached its farthest stage since it started its legislative...

The Governor of  Ekiti State, Mr Ayodele Fayose, on Tuesday presented a budget estimate of N93.4 billion to members of the House of Assembly in Ado-Ekiti. The budget, ‎which is 33 per cent higher than the 2016 Budget of N70.5 billion, was christened “Budget of Higher Height”. Fayose, while appraising...

Anambra State Governor, Chief Willie Obiano, has presented a budget estimate of N115.5 billion for the 2017 fiscal year to the state House of Assembly. Making the presentation in Awka on Tuesday, Obiano said that of this amount, the state expects N56.6 billion to be for recurrent expenditure, while N58.9...

The Police Service Commission (PSC) on Tuesday released the names of the 10,000 successful candidates who took part in the examination into the Nigeria Police Force (NPF). President Muhamadu Buhari had early this year directed that the PSC commence the recruitment of 10,000 young Nigerians into the Force because of...

The European Union (EU) on Monday pledged its support for the ongoing efforts of the Federal Government to rebuild some parts of the North East and Niger Delta regions by earmarking 20 million Euros for the reconstruction of markets and warehouses in Borno and Delta States. The EU Ambassador to...

The Country Senior Partner, PwC Nigeria, Mr Uyi Akpata has revealed that as part of contributing to the success of the Sustainable Development Goals (SDGs), businesses will require new ways of thinking, and adapting skills and resources in order to engage the SDGs. He made this statement during the National...

Report of investigations into the death of a National Youth Service Corps (NYSC) member Miss Ifedolapo Oladepo presented by NYSC DG, Brig-General Suleiman Kazaure on Tuesday revealed that the deceased had untreated urinary tract infection (UTI). The DG statement reads: "As the plans were being made, the deceased called her...