archiveSeptember 15, 2017

FMDQ OTC Securities Exchange (FMDQ has approved the registration of the ₦50.00 billion Commercial Paper (CP) programme of Wema Bank PLC to its platform. According to FMDQ OTC, the CP programme registration strategically positions Wema Bank PLC to easily and quickly raise short-term finance from the debt market at a...

The Nigerian Stock Exchange closed red on Friday as All-Share Index (NSE ASI) and the Market Capitalization decreased by 1.84 per cent while the year-to-date return stood at 30.26 per cent even as investors on the Exchange recorded price depreciation of N226 billion. The All-Share Index closed at 35,005.57 against...

*Goals will help reduce poverty, unemployment The Buhari administration will work towards achieving the Sustainable Development Goals (SDGS) in Nigeria because it will help reduce poverty and unemployment in the country, Vice President Yemi Osinbajo, SAN, has said. Prof. Osinbajo stated this while speaking on Friday during the inauguration of...

Former President Olusegun Obasanjo has advised President Muhammadu Buhari to dialogue with the leader of the Indigenous People of Biafra, Nnamdi Kanu, to curb the secessionist agitations instead of the deployment of soldiers to the South-East. Obasanjo said this during an interview with Newsweek Magazine. Ironically, Kanu, had in the...

• South-east Governors, Ohanaeze proscribe IPOB The Nigerian military has declared the pro-Biafra separatist group, IPOB, a “terrorist organisation.” The military made the declaration in a statement on Friday by the Director of Defence Information, John Enenche. Clashes between soldiers on a military operation and IPOB members in Abia State...

Vice President Yemi Osinbajo, SAN, has urged financial institutions to uphold a high level of integrity and forthrightness in the discharge of their duties. Prof. Osinbajo made this remark when a delegation from the Association of National Accountants of Nigeria (ANAN) paid a courtesy call on him at the Presidential...

President Muhammadu Buhari is to leave Abuja on Sunday for New York to join other world leaders at the 72nd session of the United Nations General Assembly (UNGA 72). The President’s Special Adviser, Media and Publicity, Mr Femi Adesina, said this in a statement issued in Abuja on Friday. Adesina...

Nigeria's annual inflation has recorded seventh consecutive decline at the end of August as the Consumer Price Index (CPI) which measures inflation stood at 16.01 percent in August, a decline of 0.04 per cent compared with 16.05 percent in July. National Bureau of Statistics (NBS) revealed in a report on...

Interswitch Ltd., a Nigeria-based payments-processing company, expects to complete its delayed dual listing in London and Lagos before the end of 2019. The Initial Public Offering (IPO) to raise as much as $1 billion had been scheduled for 2016 and was delayed because equity markets were not as “favorable as...

• Urges the public to disregard Gov.Ikpeazu as operation continues in Abia The Nigerian Army has said that it would launch Operation Python Dance II (Egbu Eke 11) in all the South East states, including Abia, and Cross River State on Friday as scheduled. The Director, Army Public Relations, Brigadier...