archiveSeptember 13, 2017

The Nigerian Stock Exchange (NSE) closed in the positive territory on Wednesday as the market All -share index gained 19 basis points to peg the YTD at 31.96 per cent as the Market Capitalization also closed at 12.330 trillion. The Market breadth tightened as ratio stood at 0.76 with 16...

Nigeria is very unlikely to join OPEC’s cuts in oil production before March, its oil minister said on Wednesday. Emmanuel Ibe Kachikwu also told reporters that an extension to the cartel’s cuts, which are an attempt to stabilise oil prices, was possible since volumes of oil stocks were still a...

The Federal Executive Council (FEC) said it has uncovered massive disparity in the remittance of internally generated revenue by the Joint Admission and Matriculation Board (JAMB) and the Nigerian Maritime Administration and Safety Agency (NIMASA).and has ordered fresh investigation of the organisations. The Minister of Finance, Mrs Kemi Adeosun, disclosed...

Bayelsa Governor, Henry Seriake Dickson on Tuesday led a high powered delegation of Ijaw leaders to Port Harcourt to condole with the families of two key political leaders in Ijaw nation, Chief Gordon Bozimo and Dr. Joseph Egberika who both passed on recently. At the home of Bozimo who was...

The Association of Corporate Affairs Managers of Banks (ACAMB) has appointed a new 13-member Executive Council (Exco) to run the affairs of the body with a view to driving reputation management of the Banking Industry through advocacy that would promote greater engagement with the banking public. The new Exco which...

The promotion of effective credit risk operations through the deployment of quality and robust credit data management has been identified as the major critical factor that would ensure the emergence of a healthy financial services industry in Nigeria. This was the submission of the Chartered Institute of Bankers Centre for...

Over 25 groups in the Peoples Democratic Party (PDP) under the aegis of Coalition of PDP Progressive Forces on Wednesday endorsed a former Commissioner for Information in Taraba State, Emmanuel Bello, as the National Publicity Secretary of the party. The pro-democracy organisations said Bello (45), has remained consisted in his...

The Nigerian National Petroleum Corporation (NNPC) has inaugurated eight committees charged with the responsibility of returning the nation’s three refineries to their capacities by 2019. According to a statement by NNPC spokesperson, Mr. Ndu Ughamadu, the move was in line with the presidential mandate of rehabilitating the nation’s three refineries....

Nigeria plans to sell 140.9 billion naira ($433.5 million) worth of treasury bills at an auction next week, the Central Bank of Nigeria (CBN) said on Wednesday. The bank said it plans to offer 28.12 billion naira of three-month debt, 23.68 billion in six-month bills and 89 billion in one-year...

Human Right and Activist lawyer, Femi Falana has called on President Muhammadu Buhari to direct the soldiers who allegedly invaded residence of Nnamdi Kanu, leader of the Indigenous People of Biafra, IPOB, and Aba town in Abia State to “withdraw and return to their barracks forthwith.” Men of the Nigerian...