archiveJanuary 2017

The Nigerian Stock Exchange All-Share Index (NSE ASI) and the Market Capitalization decreased by 0.69 per cent, while the Year-to-Date return stood at -3.12 per cent at the end of Tuesday transactions. The All-Share Index closed at 26,036.24 against the previous close of 26,217.18 while Market Capitalization closed at ₦8.973...

Nigeria's Trans Forcados Pipeline which has been shut for most of the last year could reopen "towards the end of the second quarter", Seplat Chief Executive Austin Avuru said. The pipeline, operated by the Nigerian Petroleum Development Company (NPDC), has been hit by several militant attacks, the first on a...

President Muhammadu Buhari on Monday placed a telephone call to the Minister of Youth Development and Sports, Barrister Solomon Selcap Dalung, to condole with him over the death of his wife, Briskila. The President, who is currently away on vacation, implored Barrister Dalung to take solace in the testimonies of...

The Federal government of Nigeria has asked Goldman Sachs and Stanbic IBTC Bank, the local unit of South Africa's Standard Bank, to advise it on the sale of a debut "diaspora bond" targeted at Nigerians living abroad, Stanbic said on Monday. Nigeria first announced plans to sell bonds targeting Nigerian...

Businesses in Lagos have said that the unorthodox foreign exchange allocations system of the Central Bank of Nigeria’s (CBN) would continue to hamper economic growth. The Director-General, Lagos Chamber of Commerce and Industry (LCCI),  Muda Yusuf expressed the worry in an interview with the News Agency of Nigeria (NAN) in...

A civil rights movement under the aegis of Coalition for Good Governance and Change Initiative (CGGCI), on Tuesday called on President Muhammadu Buhari to ignore request by Socio-Economic Rights and Accountability Project (SERAP) to refer the allegation of corruption made by the Senate against the Secretary to the Government of...

...demands professionalism, integrity from security agencies Bayelsa State Governor, Henry Seriake Dickson has commended the Federal Government for the establishment of the 6th Division of the Nigerian Army in Port Harcourt, Rivers State covering four states in the Niger Delta to enhance security. A statement by his Chief Press Secretary,...

Governor Henry Seriake Dickson of Bayelsa State has described the untimely passage of Chief Pere Ajuwa as sad, shocking and a monumental loss to the Government and people of Bayelsa State. Dickson, in a condolence message to the bereaved family, also described the death of Chief Ajuwa as a great...

The National Bureau of Statistic (NBS) has said the Federation Account Allocation Committee (FAAC) disbursed the sum of N426.88 billion to the three tiers of government in December 2016 from the revenue generated in November. Breaking down the disbursement, the bureau in its December report disclosed that the amount disbursed...

...say wicked rulers should repent or face divine judgement of God ...they’ll be voted out in 2019 The Christian youths throughout the country on Monday held a solidarity rally against alleged persecution of Christians in Nigeria, saying its members in government and politics have betrayed Christendom, especially at a time...