archiveDecember 2016

The Nigerian Communications Commission (NCC) has revealed that Globacom was the only network that recorded an increase in its internet subscriber base in the month of October, 2016. According the Monthly Internet Subscribers Data for October, published on the website NCC, the industry added 297,623 new internet subscribers in the...

By Nkem Ndem Packing is one of the most tedious aspects of travelling. You have to make sure you pack everything you need and it has to fit within a definite space. It is no secret that a majority of Nigerians travel to their hometown during Christmas and most of...

As the year comes to an end, and the financial markets wind down to a somewhat inconspicuous close, reflecting the tension in the economic system and hopes for renewed policies and reforms to boost economic activities, come 2017, the FMDQ OTC Securities Exchange continues to lend its practicable and efficient...

Equities segment of The Nigerian Stock Exchange (NSE) managed to reverse long session of losses as a gain of N7 billion was recorded on Friday. The All-Share Index (NSE ASI) and the Market Capitalization increased by 0.08per cent, while the Year-to-Date return stood at -7.53 per cent.  The All Share...

Nigerian authorities are involved in negotiations aimed at securing the release of some of the more than 200 girls kidnapped by Boko Haram in 2014 in the northeastern Nigerian town of Chibok, the president's spokesman said on Thursday. According to Reuters report, his comments, posted on Twitter, came in response...

As Christians celebrate the birth of Jesus Christ, Governor Henry Seriake Dickson of Bayelsa State has admonished Christians to continue to uphold the universal attributes of peace, love and sacrifice, which Christ stood for, propagated and died for. In his Christmas message signed by his Spokesman, Daniel Iworiso-Markson, the Bayels...

The Federal Government has declared Monday 26th, Tuesday 27th December, 2016 and Monday 2nd January, 2017 as Public Holidays to mark the Christmas, Boxing Day and New Year 2017 Celebrations respectively. In making the declaration on behalf of the Federal Government, the Minister of Interior, Lt Gen Abdulrahman Bello Dambazau...

…Says CBN’s forex policy encourages round tripping The Director General of the West African Institute of Financial and Economic Management (WAIFEM), Prof. Akpan Ekpo, has warned the current administration of Muhammadu Buhari not to allow the economic situation deteriorate to the level of Zimbabwe. In an interview with TheCable in...

Governor of Ekiti State, Mr. Ayodele Fayose has predicted a tumultuous 2017 for Nigeria, emphasising that the year would see an uprising against the ruling All Progressives Congress (APC) and its government due to economic hardship. According to him in a statement on Friday, “2017 will be a defining year...

Equities segment of the Nigerian Stock Exchange (NSE) recorded fourth consecutive loss on Thursday  as The NSE All-Share Index and Market Capitalization which opened the week’s trading activities on Monday at 26,707.10 basis points and N9.189 trillion respectively closed at 26,464.82 basis points and N9.106 trillion, translating to a loss...