archiveMarch 8, 2017

A consortium of foreign and Nigerian banks on Wednesday took over Etisalat Nigeria as the telecommunications company failed to pay a loan totalling $1.72 billion (about N541.8 billion) it was granted in 2015. The Nigerian banks are Guaranty Trust Bank, Access Bank and Zenith Bank. A former GTB top management...

• APC congratulates him “I think I am frankly not different from yesterday but I must say that it’s the work of grace and I just feel so blessed: first, that I am sixty and secondly that one is in good health and able to serve one’s country”. The Acting...

The Nigerian Stock Exchange All-Share Index (NSE ASI) and the Market Capitalization decreased by 0.57 per cent, while the year-to-date return stood at -7.03 percent. The All-Share Index closed at 24,986.02 against the previous close of 25,129.27 while Market Capitalization closed at ₦8.647 trillion against previous close of ₦8.697 trillion....

The Federal Government of Nigeria has launched the Economic Recovery and Growth Plan (ERGP), a medium-term plan for 2017-2020. The plan is broadly targeting restoration of growth, human development, globally competitive economy, tackling the current economic recession confronting the nation as well as ensuring economic diversification and inclusiveness. According to...

The Federal Government has said its attention has been drawn to false and fraudulent reports circulating especially in the Social Media that new N-Power applications are now being received on the N-Power portal. According to a statement by Mr. Laolu Akande, Senior Special Assistant on Media & Publicity to the...

...We'll look into the recommendations, says Modu Sheriff The National Reconciliation Committee of the Peoples Democratic Party (PDP) chaired by Bayelsa State governor, Henry Seriake Dickson, in Abuja on Tuesday submitted its report to the chairman of the party, Senator Modu Sheriff, with a proposition that he should to hold...