archiveJune 3, 2017

The NSE All-Share Index and Market Capitalization of the Nigerian Stock Exchange (NSE) appreciated by 7.94 per cent to close the week at 31,371.63 and N10.845 trillion respectively. A total turnover of 2.319 billion shares worth N23.813 billion in 22,310 deals were traded this week by investors on the floor...

The National Judicial Council (NJC) has recalled Justice Adeniyi Ademola of an Abuja Federal High Court and other judges suspended along with him on corruption allegations brought against them by the Federal Government. He was one of the judges who operatives of the Department of States Services, DSS, had arrested...

The Nigerian Union of Petroleum and Natural Gas Workers (NUPENG) has condemned the proposed N5 petrol levy by the Senate, describing it as a huge joke. Alhaji Tokunbo Korodo, the South-West Chairman of NUPENG, said in Lagos on Saturday that the proposal was ill-timed and also smacked of insensitivity to...

The African Export-Import Bank has successfully closed a record 632.9 million dollars and 499.6 million Euro dual-tenor dual-currency syndicated term loan facility. Afreximbank, in a statement on Saturday, said that the general syndication stage of the $632.9m and 499. 6 million Euro facility, which the bank raised in the Eurocurrency...

Walter Duru, Ph.D Ecclesiastes 3:1–8 is a popular passage in the Holy Bible that deals with the cyclical nature of life and says that there is time for everything and a season for every activity under the heavens: “a time to be born and a time to die; a time...