archiveMay 2017

*Ag President holds interactive session with a large cross section of public, civil servants this week The Buhari administration will drive the new executive orders signed last week vigorously in its determination to significantly transform the business environment and how government business is done in the country. The Spokesperson of...

Fresh trouble appears imminent in the Republic of Cameroon as Southern Cameroon, an English-speaking people on Friday demanded restoration of their sovereignty. They also raised the alarm over alleged planned genocide against their people by citizens of the Republic of Cameroon. Speaking in Abuja at a press conference, representatives of...

*FG renames Federal University after him Acting President Yemi Osinbajo (SAN) has announced the decision of the Federal Government to rename the Federal University Oye-Ekiti, The Adeyinka Adebayo Federal University, Oye-Ekiti. This disclosure was made today by the Acting President at the funeral service held at the All Saints Anglican...

Financial regulating bodies, Central Bank of Nigeria (CBN), Securities and Exchange Commission (SEC) and Nigerian Stock Exchange (NSE) sectioned First Bank of Nigeria Holdings Plc (FBN) N102 million for 17 market infractions in 2016. According to Business247New online checks, the Holdings company fines and penalties in two years reached N2...

The Nigerian Stock Exchange All-Share Index (NSE ASI) and the Market Capitalization increased by 0.04 per cent, while the year-to-date return stood at 4.61 per cent. The All Share Index closed at 28,113.38 against the previous close of 28,101.63 while Market Capitalization closed at ₦9.719 trillion against previous close of...

The CFAO group has launched its latest project: Euracare a Multi-specialist hospital with the ambition to provide Nigerians with the world-class medical services they have too often had to obtain overseas. According to a press statement from the company, Euracare offers a full range of advanced diagnostic modalities (1.5 Tesla...

The Joint Admissions and Matriculation Board has asked candidates who wrote the Unified Tertiary Matriculation Examination (UTME) to disregard any information of deduction of marks by the board. Its spokesperson, Dr. Fabian Benjamin, in a statement on Friday in Abuja, said the rumour was false, devilish and intended to cause...

The Central Bank of Nigeria (CBN) will keep monetary policy tight as dollar shortages persist, Deputy Governor Joseph Nnanna said Now is not the time to ease policy, he said in an interview Thursday in the capital, Abuja. Inflation slowed for a third month in April, but at 17.2 percent...

The Federal High Court, Lagos, has ordered the formal forfeiture of N449,597,000 (about N450 million) found by the Economic and Financial Crimes Commission (EFCC) in LEGICO Shopping mall, Victoria Island, Lagos to the Federal Government of Nigeria. Justice Rilwan Aikawa of the court gave the judgement on Friday. It would...

The Bayelsa State Government has declared N4.1 billion revenue surplus for March, 2017. Governor Seriake Dickson disclosed this on Thursday in Yenagoa, the state capital at the monthly transparency media briefing for March. He said that the state declared N983 million as internally- Gener­ated Revenue in February. Dickson, who was...