archiveSeptember 18, 2017

The equities market began the week downbeat. The bourse shed 38 basis points at the close of Monday’s trading session to drop the year-to-date (YTD) to 29.76 per cent and market capitalization also closed at N12.124 trillion. The Market breadth ratio stood at 0.78 with 14 gainers to 18 losers....

Nigerian university teachers have accepted the proposal of government but asked to be given until Tuesday for words on ending their strike. Mr. Biodun Ogunyemi, the National President of the Academic Staff Union of Universities (ASUU) stated this after the fifth open negotiation meeting with representatives of government, which lasted...

The Independent National Electoral Commission (INEC) has released a new timetable for the recall of Senator Dino Melaye who is representing Kogi West Senatorial District in the National Assembly. The first timetable released by INEC, based on the request for his recall by his constituents, became invalid when a Federal...

The Nigeria Army has increased military presence as a measure to prevent any form of reprisal attacks in Zaria, following reports of attacks on northerners resident in parts of South East. A statement by the Assistant Director, Depot Nigerian Army/Nigerian Military School (MNS) Public Relations, Capt. Haruna Mohammed-Sani, said that...

President Muhammadu Buhari will on Tuesday press world leaders to facilitate the repatriation of looted Nigerian funds now in different countries of the world. Convincing the leaders is one of the main thrust of his message during his presentation of Nigeria’s national statement at the 72nd Session of the United...

Cornerstone Insurance Plc is offering its customers a free one month cover on motor insurance policy for their loyalty and patronage. Each year, the company rewards its customers through her “Ember Promo” where customers pay premium for 11 months and get 12 months’ insurance cover (pay for 11 months and...

The Manufacturers Association of Nigeria (MAN), Nigeria Electricity Consumers Advocacy Network (NECAN), and Hotel Owners Forum Abuja (HOFA) on Monday rejected a proposal by the Nigerian Electricity Regulatory Commission (NERC) to review electricity tariff in the country on a monthly basis. The consumers, who were unanimous in their rejection of...

The Murtala Muhammed International Airport has been ertified by the Nigerian Civil Aviation Authority (NCAA) in line with the International Civil Aviation Organisation’s (ICAO) laid down rules. By this award the airport become the first of the four international airports in the country to be so certified. At the reception...

To further empower and educate capital market stakeholders on dematerialisation, direct cash settlement and e-dividend, the Nigerian Stock Exchange has organised an investor clinic, the Exchange has organised investor clinic on the above stated areas. The clinic which took place Wednesday, September 12, 2017 at the Stock Exchange House, Lagos...

Senate President, Dr. Abubakar Bukola Saraki, on Monday said the National Assembly will investigate the crisis in the South East owing to the clash between security agencies and the Indigenous People of Biafra (IPOB), led by Nnamdi Kanu, saying the Military does not have the power to declare IPOB a...