archiveAugust 2017

The Nigerian National Petroleum Corporation (NNPC) has called on the members of the Independent Petroleum Producers Group (IPPG) to participate in the forthcoming bid round for about 30 marginal oil fields which would soon be flagged off by the Federal Government. The Group Managing Director of the Corporation, Dr. Maikanti...

President Muhammad Buhari at the State House on Friday met the national caucuses of the ruling All Progress Congress (APC) and the opposition Peoples Democratic Party (PDP). The APC chairman, John Oyegun led his party’s group while their counterparts from the PDP were led by the party caretaker committee chairman,...

The United Bank for Africa (UBA) has placed a restriction on the use of its debit and prepaid cards for purchasing jewellery, pornography, dating and escort services. The bank also forbids the use of its cards for all sorts of betting — including buying lottery tickets, casino gaming chips, off-track...

The African Export-Import Bank (Afreximbank) on Thursday in Lagos met with leading Nigerian investors to push for strong participation in the bank’s $300 million equity offering. Dr Benedict Oramah, the President of Afreximbank, told the investors that the equity offering would be issued through depository receipts backed by its Class...

Trading activities on The Nigerian Stock Exchange closed in negative territory on Thursday as the market All-Share Index (NSE ASI) and the Market Capitalization decreased by 1.30 per cent while the year-to-date return stood at 36.10 per cent as investors recorded value depreciation of N166 billion. The All Share Index...

In order to fulfil Nigeria’s potential of stimulating economic prosperity, a reformulation of the nation’s business paradigm both theoretically and experimentally must be achieved says Dr. Ayodele Ibrahim Shittu. Shittu, an expert in Entrepreneurship and Business Innovation Economics, who lectures in the Department of Economics, University of Lagos, whilst delivering...

The Bayelsa State Government has reaffirmed its commitment to the education sub sector of the State by initiating policies and programmes to sustain and improve on the massive gains already made in the sector. This is coming on the heels of the State’s high ranking performance in the annual West...

As part of efforts aimed at a continuous promotion of the culture and traditions of the people of Southwest Nigeria, Goldberg, Nigeria’s leading culture-centric beer brand, has announced plans to sponsor various cultural festivals across the region. The festivals, which include Osun Osogbo, Udiroko, Oranyan, Ojude Oba, Olojo and Oyemekun,...

President Muhammadu Buhari on Thursday signed nine international agreements meant to strengthen the anti-corruption war of the Federal Government. Ratificating the agreements at the First Lady Wing of the Presidential Villa, Abuja, Buhari said it was an important milestone in the demonstration of the country’s sovereign capacity to fulfil its...

The National Association of Nigerian Students (NANS) under the leadership of Comrade Chinonso Obasi has condemned in very strong terms the recent backwards review of the cut-off marks for admission into tertiary institutions in Nigeria from 180 for universities and 165 polytechnics, now 120 and 100 respectively and describes the...