archiveJuly 19, 2017

The Nigerian Stock Exchange All-Share Index (NSE ASI) and the Market Capitalization increased by 0.23 per cent, while the year-to-date return stood at 24.71 per cent. The All-Share Index closed at 33,514.93 against the previous close of 33,436.61 while Market Capitalization closed at ₦11.551 trillion against previous close of ₦11.524...

On February 16, 20178:45 pmIn NewsComments A Federal High Court Lagos on Thursday ordered the final forfeiture of the sum of N34 billion (153 million dollars) linked to a former Minister of Petroleum Resources, Mrs Diezani Allison-Madueke. Justice Muslim Hassan issued the order while delivering judgment in a suit by...

The All Progressives Congress (APC) has set-up a 10-man committee to articulate the party’s position on restructuring Nigeria. In a statement signed by its National Publicity Secretary, Bolaji Abdullahi, the ruling party noted that since “the concept of restructuring has assumed different meanings across the six geo-political zones of the...

...He describes Borno abduction "atrocious and cowardly" Acting President Yemi Osinbajo, SAN, has ordered further security reinforcements in Kaduna State following reports of communal clashes that resulted in the loss of lives earlier this week in Kajuru, Kajuru Local Government Area of the State. Osinbajo commiserates with families of the...

The Bayelsa State Governor, Henry Seriake Dickson on Wednesday announced the donation of patrol vehicles to the state-owned security outfit, “Operation Doo Akpo” to enhance their operations, towards improving on the prevailing peace and stability. Dickson, who addressed operatives of the security outfit during a ‘Show of Force’ in Yenagoa,...

The Honourable Minister of Labour and Employment, Chris Ngige, at the 30th anniversary celebration of the Transcorp Hilton Abuja, commended the relentless efforts of the chairman of Transnational Corporation of Nigeria Plc, Tony O. Elumelu (CON) towards job creation as a strategy for poverty alleviation in Nigeria and Africa. 

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Shares in Nigeria's Skye Bank climbed 5 per cent on Wednesday after the lender said it had secured Central Bank of Nigeria (CBN) guarantees for another year and submitted its recapitalisation proposal to the regulator for approval. According to Reuters report monitored by Business247News, the bank's shares rose to 0.63...

Bayelsa State Governor, Henry Seriake Dickson, has expressed displeasure over the absence of federal projects in the state, particularly in the area of road infrastructure. According to him, the situation should not be so because Bayelsa, for many decades, have been contributing to the economic growth of Nigeria. Governor Dickson...

Remarks by the Acting President, His Excellency, Prof. Yemi Osinbajo, SAN, Wednesday at the palace of the Emir of Gusau, Alhaji Ibrahim Bello, during a one-day visit to Zamafara State. Protocols Let me begin by saying that am very honoured by this warm welcome that has been given me and...

The Nigerian government has released details of payments to the 36 states as refund of “over-deductions on Paris Club, London Club Loans and Multilateral debts on the accounts of States and Local Governments (1995-2002).” The latest payment is the second tranche of the refunds to the states. A total of...