archiveJune 2017

Nigerian stocks slipped for the first time in two weeks after some investors decided to take profits from a rally that had pushed the market index to a 23-month high. The index dropped 1.16 per cent to 32,200 points as Dangote Cement and First Bank shed some of their gains...

The Debt Management Office (DMO) has said that the Federal Government of Nigeria (FGN) currently owes N19.16 trillion to its foreign and local creditors. According to DMO statistics, the total debt was N12.06 trillion before President Buhari took over the reign of government two years ago, meaning that over N7...

A Professor of Entomology at the University of Ilorin, Adeolu Ande, has decried killing mosquitoes, saying the insects are friends to humans that deserved to be properly managed. Ande made the statement on Monday in Ilorin in a paper he presented at a public seminar organised by the university. In...

The Nigeria’s unemployment situation got worsened by 4.2 percent at the end of 2016, As against the figure of 10.0 per cent at the end of fourth quarter of 2015, the figure came to 14.2 per cent at the end of 2016. The National Bureau of Statistics (NBS) revealed this...

The Senior Special Assistant to the President on Media and Publicity, Malam Garba Shehu has said there was no constitutional crisis in Nigeria, with President Muhammadu Buhari’s medical leave in London. Shehu in a statement on Monday dismissed an article by a so-called Nigerian historian, Max Siollun, which speculates that...

The Federal Government has posted 44 career Ambassadors-designate to their respective countries of accreditation. This was disclosed by the Permanent Secretary in the Ministry of Foreign Affairs, Olusola Enikaolaye, in Abuja. According to him, the envoys would, however, not resume in their countries of assignment until agreements have been obtained...

With pomp and pageantry, the 2017 World No Tobacco Day was celebrated last week. The theme of this year’s day is tagged: “Tobacco-A Threat to Development.” In Africa, Nigeria has made a substantial progress with the enactment and passage of National Tobacco Control Act, NTCA, (2015). This Act is a...

Bayelsa‎ State Governor, Henry Seriake Dickson, has called on parents in the state to take advantage of the robust policies of his administration in the education sector and ensure their children obtain sound and formal education. The governor made the call on Monday in Yenagoa while inaugurating an eight member...

The market continued on Monday with the positive sentiment that dominated the market for some time as the Nigerian Stock Exchange All-Share Index (NSE ASI) and the Market Capitalization increased by 3.85 per cent, while the year-to-date return stood at 21.22 per cent. The All-Share Index closed at 32,578.38 against...

Acting President Yemi Osinbajo, SAN, has expressed shock and he is profoundly saddened on the death of Prof. Babatunde Osotimehin, Executive Director of the United Nations Population Fund (UNFPA), and a former Minister of Health in Nigeria who died on Monday at 68years. On behalf of the people and Government...