archiveMay 2017

The Nigerian Stock Exchange recorded a major bounce on Friday as the market All-Share Index (NSE ASI) and the Market Capitalization increased by 2.10 while the year-to-date return stood at 8.15 per cent even as investors recorded price appreciation of The All Share Index closed at 29,064.52 against the previous...

Acting President Osinbajo felicitates with Muslims on commencement of Ramadan Acting President Yemi Osinbajo, SAN, felicitates with the entire Muslim community in Nigeria as they join other faithfuls across the world to commence Ramadan – the holy month of fasting and prayer. The Acting President implores Muslims to seek maximum...

The 2017 Jumia Travel hospitality report on the African continent has identified terrorism as the biggest bane of the continent’s travel and tourism sector, and countries such as Nigeria, Kenya, Tunisia, Mali, Burkina Faso, Côte d’Ivoire and Egypt are the biggest victims. According to the report which was presented to...

The Nigerian Stock Exchange All-Share Index (NSE ASI) and the Market Capitalization increased by 0.64 per cent, while the year-to-date return stood at 5.93 per cent. The All-Share Index closed at 28,467.61 against the previous close of 28,286.43 while Market Capitalization closed at ₦9.841 trillion against previous close of ₦9.779...

*Council commends Acting President, describes him as “system stabilizer.” Highlights of NEC meeting held on Thursday, 25th May, 2017 Report on Excess Crude Account by Accountant General of the Federation The Accountant General of the Federation presented to Council, an update on the Excess Crude Account. He told Council that...

• Says the greatest responsibility of Nigerian leaders today is to give a pathway to unity in diversity. Acting President Yemi Osinbajo, SAN, has underscored the need for Nigerian leaders to give the younger generation the vision on a pathway to unity in diversity. Prof. Osinbajo made the statement today...

Acting President, Prof. Yemi Osinbajo, has warned government Ministries, Departments and Agencies (MDAs) to desist from rejecting corps members posted to them for primary assignment. Osinbajo gave the warning during the Swearing-In Ceremony of the 2017 National Youth Service Corps (NYSC) Batch ‘A’ Stream I corps members at the Permanent...

The Federal NigerianGovernment (FGH) has declared Monday, 29th May as ppublic holiday to celebrate the 2017 Democracy Day. Minister of Interior, Abdulrahman Bello Dambazau, congratulated Nigerians for witnessing yet another Democracy Day, which marks the ssecond year aanniversary of President Muhammadu Buhari administration. Dambazau in a statement signed by the...

Managing Director/CEO, Unity Bank Plc, Mrs. Tomi Somefun (middle), Mr. O.A Oduwole, Director, Frontier Capital Alternative Assets (FCAA) Ltd and Executive Director, Corporate Planning & Compliance, Unity Bank, Mrs Aisha Abraham at the signing of Sales & Purchase Agreement of Legacy Non-Performing Loans (NPL) between the Bank and FCAA Ltd;...

The Nigeria National Petroleum Corporation (NNPC), has been scraped by the Senate. This is following the passage of the controversial Petroleum Industry Governance Bill (PIGB). The Senate had on Thursday passed the PIGB, after its clause by clause consideration. To replace NNPC, the Senate recommended the establishment of three new...