archiveApril 2017

The National Universities Commission (NUC) has granted the request by authorities of the University of Africa, Toru-Orua in Bayelsa State to commence its foundation programme‎. The Executive Secretary of the NUC, Prof. Abubakar Rasheed gave the approval in a letter dated March 29, 2017 and signed by the commission's Director,...

Wema Bank Plc for the financial year ended December 31, 2016 has announced an increase of 17.56 per cent in gross earnings from N45.79 billion in 2015 to N53.83 billion.. The lender’s profit after tax moved from N2.27 billion in 2015 to N2.56 billion in 2016 while profit before tax...

The Central Bank of Nigeria (CBN) has said the Manufacturing Purchasing Managers’ Index (PMI) moved to 47.7 index points in March 2017, indicating declines in the manufacturing sector for the third consecutive month but at a slower rate. The PMI report by CBN said 13 of the 16 sub-sectors reported...

A total turnover of 3.195 billion shares worth N104.217 billion in 14,674 deals were traded this week by investors on the floor of the Nigerian Stock Exchange (NSE). This figure was in contrast to a total of 1.309 billion shares valued at N10.323 billion that exchanged hands last week in...