archiveJune 21, 2017

Nigerian stocks fell 2.4 percent on Wednesday after index provider MSCI said it would leave the country in its frontier index until at least November, when it will again assess investor access to the market. It said Nigeria would remain a frontier market, with the possibility of being downgraded to...

The Nigerian Stock Exchange has announced the expected review of the NSE 30, and the six sectoral indices of the Exchange, which are NSE Consumer Goods, NSE Banking, NSE Insurance, NSE Industrial, NSE Oil & Gas and the NSE Lotus Islamic Indices. These indices are normally reviewed bi-annually (June and...

Constituents of Kogi West Senatorial District on Wednesday submitted a petition to the Independent National Electoral Commission (INEC) demanding the recall of Dino Melaye from the Senate. Melaye, a member of the All Progressives Congress (APC), represents the district at the upper chamber of the National Assembly. Leader of the...

Conoil Plc on Wednesday announced a total dividend of N2.15bn for the financial year ended Dec. 31, 2016, in spite of challenging operating environment. The dividend translated to N3.10 per share when compared to N2bn or N3 per share paid in the comparative period of 2015. The proposed dividend would...

Acting President, Professor Yemi Oainbajo, SAN, has commended rulers from the North and South on their openness during his consultations with them. The Acting President who met with state governors in continuation of consultations with leaders of thought sad this on Thursday during his consultation with the governors in Abuja....

The latest Africa Investment Index (AII) 2016 by Quantum Global’s independent research arm, Quantum Global Research Lab. has ranked Nigeria 19th most attractive destination for investments flowing into the continent’s 54 countries. The country, alongside Algeria, Tunisia, Equatorial Guinea and Seychelles, among others, showed a worsening of their positions in...

Nigeria is projected to be the world’s third most populous country by the year 2050, according to a report released by the UN Department of Economic and Social Affairs. The report, titled ‘World Population Prospects: The 2017 Revision’, said with such development, Nigeria would overtake the United States in terms...

The Minister of education, Adamu Adamu has said that Christian Religious Knowledge (CRK) is compulsory for all Christian students, while Islamic Religious Studies (IRS) is also compulsory for Muslim counterparts. He said this during a press briefing at the end of the Federal Executive Council meeting presided over by Acting...

The Bayelsa State Governor, Henry Seriake Dickson, has said that the State Volunteer Service would be empowered to recruit a minimum of 8,000 youths to work closely with the security agencies to consolidate on the gains already achieved in the security sub sector. Governor Dickson, who stated this on Wednesday...

General Overseer of Omega Fire Ministries International, Apostle Johnson Suleman was on Thursday, conferred with the award and key of the State of South Carolina which is a Honorary Citizenship by the state of South Carolina, United States of America. The event took place at the Faithful Centre Bible Church,...