archiveMarch 17, 2017

Background Arising from the recent court judgement on the case filed by Fijabi Holdings and another versus Nigeria Bottling Company and NAFDAC (joined as a nominal party), the Honourable Minister of Health summoned a meeting of the Department of Food and Drug Services, Federal Ministry of Health, National Agency for...

The Nigerian Stock Exchange All-Share Index (NSE ASI) and the Market Capitalization increased by 0.92 per cent on Thursday, while the year-to-date return stood at -4.55 per cent as investors gained N91 billion. The All-Share Index closed at 25,653.16 against the previous close of 25,418.08 while Market Capitalization closed at...

• FG will keep its promises of a new vision • Presidency holds mid-way inter-ministerial follow-up meeting after several visits to oil-producing communities • Progress in Ogoni Clean-Up, as programme coordinator now in place. While past leadership and governance failures explain the worrying conditions of Nigerians in the oil-producing communities,...

The National Bureau of Statistics (NBS) has said that the Federation Account Allocation Committee (FAAC) disbursed N430.16 billion to the three tiers of government in January from the revenue generated in December 2016. The report by NBS said the amount disbursed comprises of N248.72 billion from the Statutory Account; N52.85billion...

The Federal Ministry of Health has said that Coca-Cola products manufactured in Nigeria are safe for consumption. The Ministry stated this on Friday in a statement signed by its Director, Media and Public Relations Mrs, Akinola Boade on behalf of the Minister after a meeting with the Department of Food...

The Consumer Protection Council (CPC) says it has launched a “detailed investigation” into the alleged danger of CPC’s Director-General, Mrs Dupe Atoki, announced this in Abuja on Thursday. “The Consumer Protection Council is keenly interested and extremely concerned about the questions that have arisen from and on account of this...

The World Bank Group says Nigeria will soon recover from economic recession. Country Manager, International Finance Corporation, a member of the World Bank Group, Mrs Eme Essien-Lore, made the observation in an interview with the News Agency of Nigeria (NAN) in Lagos on Thursday. ”In our perspective and with the...

The Managing Director/CEO of First Bank of Nigeria Limited & Subsidiaries, Dr. Adesola Adeduntan, has been named Banker of the Year in the Leadership Persons of the Year Award, 2016. The awards recognise and celebrate the significant performance of individuals, corporate, private and public organisations across sectors, with huge contribution...

The Vice-President, Nigerian Bar Association (NBA), Monday Ubani, has advised the Comptroller-General of Customs, Hamed Ali for refusing to obey the Senate which asked him to appear before it in official uniform. Ubani said, although no law compelled the Customs boss to appear before the Senate in uniform, Ali must...

Governor of Bayelsa State and Chairman, Peoples Democratic Party’s (PDP) National Reconciliation Committee, Henry Seriake Dickson, has commended party leaders and elders in the north for opting to support a political solution to the current crisis in the party. He also commended them for their recommendations on his committee's efforts...