archiveJune 2017

Lagos Business School in partnership with Duke Corporate Education (South Africa) is hosting an International Executive Development Programme (IEDP) for the Banking Sector Education and Training Authority (BANKSETA), in Lagos, Nigeria. The programme, which started on Monday, June 19, 2017, is currently immersing the participants through an action-based learning intervention...

The Federal Government has declared Monday, 26th and Tuesday 27th June, 2017, as public holidays to mark Id-El Fitr celebration. The Minister of Interior, Lt Gen. (Rtd) Abdulrahman Bello Dambazau, who made the declaration in a statement on behalf of the Federal Government, enjoined all Muslim faithful and Nigerians in...

The Central Bank of Nigeria (CBN) has explained why it would not succumb to pressure to further devalue or float the Naira. CBN Acting Director, Public Communications, Mr. Isaac Okora­for gave the explanations in Umuahia, Abia State during a sensitization forum on CBN intervention programmes for young entrepreneurs, farmers, traders,...

No fewer than 38 universities across Nigeria have jerked up tuition fees paid by their students. The increment which cut across the federal, state and private higher institutions might be attributed to poor funding by the federal and state governments. It would be recalled that Academic Staff Union of Universities...

Acting President Yemi Osinbajo on Thursday inaugurated the National Council on Privatisation (NCP), the body responsible for making decisions on the sale and liberalisation of government’s interests in national assets and companies. Head of Public Communications of Bureau of Public and Enterprises (BPE), Chukwuma Nwokoh, in a statement on Thursday...

The Independent National Electoral Commission (INEC) has written to Senator Dino Melaye, notifying him that it has received a petition for his recall. It would be recalled that INEC on Wednesday received over 188,000 eligible voters in Melaye’s Kogi West constituency signing for his recall. INEC in a statement on...

• World Bank to lend $500m for conditional cash transfers Nigeria is rolling out its first national social-welfare program modeled partly on Brazil’s Bolsa Familia in a bid to boost a weak economy and curb poverty by giving cash to its poorest citizens and ensuring their children go to school....

Equities trading on the floor of The Nigerian Stock Exchange continued on the negative lane on Thursday when the twin-indicators, the All-share Index and Market Capitalisation depreciated by 1.64 per cent respectively. The All-Share index shaded 549.45 basis points to close at 32,928.44 basis points from 33,477.89 basis points it...

The Arewa Consultative Youth Assembly has appealed to Prof. Pat Utomi to push forward his leadership mentoring by helping set the course for a rejuvenated Nigeria as part of ACYA campaign for quality leadership across the 36 states of the federation. A delegation of Arewa Consultative Youth Assembly made the...

The Securities and Exchange Commission (SEC) has commended the Debt Management Office (DMO) on arrangements to issue the maiden N100billion Sukuk in the Nigerian Capital Market. In a statement by the SEC, “This is a major milestone for Nigeria as it will catalyze the development of non-interest capital market products....