archiveMarch 26, 2017

Capital releases to Federal Ministries, Departments and Agencies (MDAs) for the 2016 budget, have reached a record N1 trillion, the highest ever budgetary releases in Nigeria’s annual funding for capital projects, Minister of Finance, Mrs. Kemi Adeosun has revealed. “So far, N1 trillion has been released on capital and this...

A total turnover of 1.309 billion shares worth N10.323 billion in 13,042 deals were traded this week by investors on the floor of the Exchange in contrast to a total of 1.029billion shares valued at N7.980 billion that exchanged hands last week in 13,441 deals. The Financial Services Industry (measured...

The Attorney-General of the Federation and Minister of Justice, Mr. Abubakar Malami (SAN), has insisted that only President Muhammadu Buhari has the utmost power to determine the fate of the embattled acting Chairman of the Economic and Financial Crimes Commission (EFCC), Ibrahim Magu. Malami said this on a national television...

Former President Goodluck Jonathan on Saturday threw his weight behind the Governor Seriake Dickson-led Peace and Reconciliation Committee of the Peoples Democratic Party (PDP). According to him, a political solution remains the best option to tackling the ongoing crisis in the PDP. The ex-Nigerian leader who received the governor and...

United Bank for Africa (UBA) Plc has released its audited 2016 full year results, showing significant growth in gross earnings and profits, an attestation to its resilience, enhanced productivity and geographic diversification, as evident in the impressive contribution from its African subsidiaries. The banking Group recorded an impressive 22 per...