archiveMay 2017

Social commentator and leading legal practitioner, Ebun-olu Adegboruwa, has called for a shutdown of Nigeria until President Muhammadu Buhari resigns Adegboruwa made this call in a statement on Friday which he titled ‘Let us paralyse the system’. He warned that the country may go through another ‘Yar’Adua experience’ judging by...

*Meets MSMEs in Jos, urges sustenance of peace in Plateau State Vice President Yemi Osinbajo, SAN has assured Nigerians that doing business in the country is becoming easier going by the recent reforms undertaken by the Presidential Enabling Business Council (PEBEC) and currently being implemented by the relevant agencies. The...

Oil giant, Royal Dutch Shell, has announced plans to invest about $25 billion this year in Nigeria and all its oil and gas operation across the world. The leading oil exploration company made the announcement in its first quarter 2017 financial results released on Thursday. The report shows that the...

President of the Christian Association of Nigeria (CAA), Rev. Samson Olasupo Ayokunle, has tasked President Muhammadu Buhari to prove he is not a sectional leader as being peddled in some quarters. Ayokunle who spoke in Kafanchan, Kaduna State on Thursday, during a solidarity visit to the victims of Fulani herdsmen...

The board Chairman of Fidelity Bank Plc, Mr. Ernst Ebi, has said that the bank was ready to put in place measures to reduce its Non-Performing loans (NPLs). He said this on Thursday at the 29th Annual General Meeting (AGM) of the bank held in Lagos. He noted that the...

The Nigerian Stock Exchange All-Share Index (NSE ASI) and the Market Capitalization increased by 0.19 per cent while the year-to-date return stood at -2.63 per cent on Thursday as investors gained N18bn The All-Share Index closed at 26,166.80 against the previous close of 26,116.79 while Market Capitalization closed at ₦9.045...

Keystone Bank was yesterday readmitted into the spot and wholesale forwards segment of the foreign exchange (FX) market by the Central Bank of Nigeria (CBN) sequel to the provision of evidence of sales of FX to Small and Medium scale Enterprises (SMEs) since the introduction of the special window for...

The Securities and Exchange Commission (SEC) has announced the dissolution of the board of Ikeja Hotels Plc due to unresolved internal crisis involving some majority shareholders of Ikeja Hotels Plc. The Commission said this proactive measure has become necessary in order not to allow the warring parties take certain actions...

Governor Seriake Dickson of Bayelsa State has sounded it loud and clear that ‎anyone who is opposed to the relocation of Oil companies to the Niger Delta as directed by the Federal Government, is clearly against the peace and stability of the region. A statement issued on Thursday by his...

The Joint Admissions and Matriculation Board (JAMB) says it has released results of the Mock Unified Tertiary Matriculation Examinations (UTME) conducted on Saturday. `` The Head, Information and Media of the board, Dr Fabian Benjamin, told the News Agency of Nigeria (NAN) in a telephone interview on Thursday in Lagos...