archiveJune 2017

The Nigerian Stock Exchange All-Share Index (NSE ASI) and the Market Capitalization increased by 0.59 per cent while the Year-to-Date return stood at 25.76 per cent on Thursday. The All-Share Index closed at 33,797.84 against the previous close of 33,598.20 while Market Capitalization closed at ₦11.687 trillion against previous close...

Nigeria's naira could strengthen against the dollar in the coming week as offshore investors pile into local stocks, while Kenya's shilling is expected to be stable. Nigeria The Nigeria naira could strengthen against the dollar in the coming days as more offshore investors buy up local stocks after MSCI increased...

The Joint Admissions and Matriculation Board (JAMB) has now officially cancelled the results of 59,698 candidates over examination malpractices. JAMB’s Registrar, Prof. Is-haq Oloyede, made the disclosure at the end of an enlarged meeting with external examiners and other stakeholders in the conduct of the 2017 UTME. According to him,...

The Nigerian Communications Commission (NCC) has said that internet users in Nigeria stood at 90 million in April. The country’s telecommunications industry regulator disclosure this in its Monthly Internet Subscribers Data made available in its website on Thursday in Lagos. According to the data internet users on both Global System...

The National Association of Nigerian Students (NANS), has expressed concern over the crisis rocking the Ladoke Akintola University of Technology, Ogbomoso, leading to shut down of the institution for over nine months. NANS President, Comrade Chinonso Obasi, speaking in Abuja when he hosted about 100 students of the institution to...

The European Union (EU) has announced a support package of nearly $160 million for recovery and reconstruction in Nigeria's Borno state, which has been devastated by attacks from homegrown Islamic extremist group Boko Haram. According to Associated Press report monitored by Business247news.com, the EU said Thursday the Northeastern state was...

As part of its commitment to reward participants with exciting prizes in its ongoing ‘Family Fortune Promo’, Access Bank Plc has delighted 20 of its customers who were the first set to take part in the Promo. The families were rewarded with gift items including rechargeable fans, microwave ovens among...

The Minister of Finance, Mrs. Kemi Adeosun, has disclosed that Federal Government is currently recruiting 7,500 graduates as Community Tax Liaison Officers (CTLOs) to raise tax awareness among citizens. According to her, the recruits would be expected to go to schools, churches, mosques, markets and other social places to educate...

The National Bureau of Statistic (NBS) has said that inflation rate dropped to 16.25 per cent in May 2017, 0.99 per cent lower than 17.24 per cent recorded in April. The Bureau explained that headline index increased by 1.88 per cent in May , 0.28 per cent points higher than...

Acting President, Prof Yemi Osinbajo, on Tuesday disclosed that the country’s mining sector will receive $600 million investment fund through the Nigerian Sovereign Investment Authority (NSIA), the Nigerian Stock Exchange (NSE) and others. Osinbajo made the disclosure while declaring open the ongoing three-day National Mining Summit, with the theme, ‘Unearthing...