archiveApril 2017

The bearish run with which the market opened on Monday continued on Tuesday as the Nigerian Stock Exchange All-Share Index (NSE ASI) and the Market Capitalization decreased by 0.58 per cent, while the year-to-date return stood at -5.20 per cent as invstors recorded a loss of N51 billion. The All...

The Nigerian Stock Exchange (NSE) has revealed that eleven companies listed on the Exchange have led by Conoil Plc have defaulted in meeting the deadline to file their Audited Financial Statements (AFS) for the year ended 31 December, 2016. The companies are: A.G LEVENTIS NIGERIA PLC; AFRICAN ALLIANCE INSURANCE PLC;AUSTIN...

The Acting Executive Secretary of the Petroleum Products Pricing Regulatory Agency (PPPRA), Mr Victor Shidok, on Monday in Abuja said there was no plan to increase the pump price of petrol. Shidok said this at a joint news briefing with the Executive Secretary of the Petroleum Equalisation Fund (PEF), Alhaji...

The Minister of Information and Culture, Alhaji Lai Mohammed, has dismissed as false information on various social media platforms alleging that the Federal Government has put in place necessary measures to monitor and record all phone calls and social media posts made by the citizens. The Minister, in a press...

The Association of Bureau De Change Operators of Nigeria (ABCON) on Monday directed its members to ensure that the Naira appreciated against the Dollar and other major foreign currencies. Its President, Alhaji Aminu Gwadabe, who spoke at the directors’ meeting in Lagos, said that it was important that the members...

If you work in a Nigerian office, there are certain things you know to be true about the way things work in the system. It is an open secret that most outsiders fail to see. So, when you come across a young person aspiring to complete tertiary education, move on...

Trading transactions on the Nigerian Stock Exchange (NSE) opened the week in the red territory as the market All-Share Index (NSE ASI) and the Market Capitalization decreased by 0.47 per cent, while the year-to-date return stood at -4.64 per cent as investors jointly recorded a loss of N42 billion on...

The National Association of Nigerian Students (NANS) on Monday said it had perfected arrangements to donate 10, 000 exercise books to primary school pupils in Gombe State. The decision, according to a statement by its President, Chinonso Obasi, was part of its support for the strides of governor Ibrahim Hassan...

No fewer than 154 million Nigerians are now active subscribers of the General System on Mobile Communications (GSM), the Executive Chairman of the Nigerian Communications Commission (NCC), Prof. Umar Danbatta has said. Speaking at the weekend during the NCC day at the ongoing Enugu International Trade Fair, Danbatta said that...

President Muhammadu Buhari at the weekend hailed the entrepreneurial acumen of businessman Aliko Dangote, who clocks 60 today, even as the President of Dangote Group stated that his faith in Nigeria’s economic potential remained unshaken. Felicitating with the Forbes’-rated Africa’s richest man, business mogul and philanthropist, Buhari hailed Dangote’s patriotism...