archiveJune 16, 2017

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 25.81 per cent. The All-Share Index closed at 33,810.56 against the previous close of 33,797.84 while Market Capitalization closed at ₦11.692 trillion against previous close of ₦11.687...

Central Bank of Nigeria (CBN) on Friday held two auctions to sell treasury bills worth 286.8 billion naira ($939.56 million), traders said, as the regulator moved to tighten liquidity and curb speculation on the local currency. Traders said the debt sale reduced the level of naira liquidity in the money...

Mrs Kemi Adeosun, the Minister of Finance, said the Federal Government invested the sum of N200 billion on roads in 2016. According to the minister, the amount is part of N1.2 trillion earmarked for capital projects to ensure ease of doing business. Adeosun said this on Friday at the Nigerian...

The Industrial Training Fund (ITF) on Friday said the agency is owing SIWES supervisory and students allowances running into billions of naira. The agency has appealed to the National Assembly to assist in appropriations for the aforementioned. The Director General of ITF, Joseph Ari, made the disclosure when the Senate...

Nigerian migrant workers sent home $18.956 billion as remittances in 2016, representing a growth of 5.2 percent in nine years, a United Nation’s (UN) agency’s report has shown. According to the UN report titled Sending Money Home: Contributing to the SDGs, One Family at a Time and published on Wednesday,...

The World Bank Group is to assist state governments improve their fiscal sustainability by strengthening and consolidating the Fiscal Sustainability Plan (FSP). The plan was confirmed by a press statement issued on Friday by the Director of Information in the Federal Ministry of Finance, Salisu Dambatta. The FSP was introduced...

Consistent with its commitment to build the next generation of sustainable Nigerian businesses, Fidelity Bank Plc in partnership with Empretec Nigerian Foundation has just concluded a graduate entrepreneurship training programme for 200 youths in Cross River State. This initiative is part of the next phase of the Bank’s entrepreneurship support...

Femi Fani-Kayode Most columnists, writers and public commentators have shied away from doing so but today yours truly will treat a matter and pose a question that is in the hearts and minds of many both within and outside Nigeria. The question is whether President Muhammadu Buhari (remember him?) is...

• To train 12, 000 students on entrepreneurship, employability skills The Lagos State Government on Thursday opened its website to register intending applicants for the 2017 edition of Ready.Set.Work (RSW) scheme which is an entrepreneurship and employability initiative designed to equip final year students of tertiary institutions in the State...

The Christian Association of Nigeria (CAN) led by its President, Rev Dr Samson Olasupo Ayokunle on Thursday met Acting President Yemi Osinbajo behind closed doors at the Presidential Villa, Abuja. At the meeting, CAN made five demands in a letter delivered to Osinbajo. The demands bothered on “Change of obnoxious...