archiveFebruary 1, 2017

The Equities market dropped for the third consecutive trading session to record a decline of 0.51 per cent. Consequently, the Nigerian Stock Exchange All-Share Index (NSEASI) and Market Capitalization depreciated by 0.51 per cent, bringing the Year-to Date return to -3.61 per cent. Market Capitalization closed at N8.927 trillion against...

Moved by the need to enhance affordability of food prices across country, the Buhari administration has constituted a Presidential Task Force to urgently consider measures that would ensure a steady flow of produce to the market and reverse recent price increases. Giving the directive today (Wednesday) at the Federal Executive...

By Abdul Olalekan There are strong indications that the pension industry may have succeeded in snatching away annuity business from insurance industry, as some life insurance firms in the country have remitted their annuity fund to Pension Fund Custodians (PFCs) as earlier directed by the National Pension Commission (PenCom), Business...

By Abdul Olalekan 148 retirees from the Lagos State civil service were paid N597 million as their pension entitlements. The beneficiaries are retired civil servants of the Mainstream Civil Service, Local Governments and State Universal Basic Education Board (SUBEB), Teachers Establishments and Pensions Office (TEPO) and other parastatals of the...

….Investors in Guinness Nigeria loses 22.8% About 54 per cent of listed companies on the main board and premium board of the Nigerian Stock Exchange (NSE) remained unchanged in first trading month of 2017. Investigation by Business247 News Online revealed that 90 out of 169 companies share prices were unchanged...

Guaranty Trust Bank Plc has been awarded ‘Best Corporate Governance, Africa’, in the Financial Services Category at the 2017 Corporate Governance Awards. The event, organized by the Ethical Boardroom Magazine, recognizes outstanding companies who have exhibited exceptional leadership in the area of governance and professional ethics. Over the years, Ethical...

About 200 protesters under the aegis of Coalition of Civil Society Groups on Tuesday stormed the Headquarters of the Nigerian Television Authority (NTA) and the Central Bank of Nigeria (CBN) in Abuja in solidarity with President Muhammadu Buhari, saying his rumoured death was the handiwork of blackmailers and mischief makers....