archiveSeptember 19, 2017

Former President, Goodluck Jonathan says it is an impolite statement by the Minister of Information and Culture, Lai Mohammed to point fingers on the opposition of sponsoring the activities of the Indigenous People of Biafra (IPOB). Jonathan stated on his Facebook page on Tuesday that Lai Muhammad should be mindful...

President Muhammadu Buhari has assured the international community of Nigeria’s firm and unshaken commitment to democracy in the country and the African continent. Delivering Nigeria’s national statement during the General Debate of the 72nd Session of United Nations General Assembly (UNGA 72) in New York, Tuesday, the President said this...

The Minister of Finance, Mrs. Kemi Adeosun has inaugurated the fourth Investments and Securities Tribunal (IST) to enhance effectiveness and efficiency in handling the rising number of the new cases of operational misconduct in the nation’s capital market. The 10-man team tribunal which was inaugurated in Abuja on Tuesday has...

The Securities and Exchange Commission (SEC) has banned the Managing Director of Partnership Investment Company Plc and Partnership Securities Limited, Mr Victor Ogiemwonyi for life from engaging in capital market activities in the Nigerian Capital Market, he is also banned from holding directorship positions in any public company in Nigeria...

The Executive Chairman, Federal Inland Revenue Services (FIRS), Tunde Fowler Tuesday disclosed that the agency’s innovative strategies, with focus on non-oil sources has enabled the government rake in N2.5 trillion between January and August, despite the harsh economic climate. Speaking at a public lecture organized by Abuja Finance Correspondents Association...

The Nigerian Stock Exchange All-Share Index (NSE ASI) and the Market Capitalization decreased by 0.08 per cent on Tuesday trading on The Exchange while the year-to-date return stood at 29.66 per cent. The All Share Index closed at 34,846.82 against the previous close of 34,873.07 while Market Capitalization closed at...

The N50bn Rights Issue of Union Bank Plc will open for subscription from tomorrow, Wednesday September 20 and will close on October 30, 2017. A statement from the bank says the bank offers 12.1 billion Ordinary Shares of 50 kobo each at N4.10 per share, on the basis of five...

To increase awareness on the critical role of market data in making sound investment decisions on both the buy and sell sides, The Nigerian Stock Exchange (NSE) has concluded arrangements to host its Second Market Data Workshop According to the Exchange, the workshop is specifically designed for investors, market data...

• Holds 56th AGM on Monday The Nigerian Stock Exchange (NSE) Group recorded a total income decline of 33 per cent to N4.46 billion for the year ended 31st December, 2016 even as The Exchange’s made a profit after tax of N27.45 million for the review period. The Exchange will...

Dangote Foundation and GBCHealth have joined forces to forge a new model of partnership, African Business Coalition on Health (GBCHealth) in Africa. Chairman of Dangote Foundation, Aliko Dangote, shared plans to build an African Business Coalition on Health (ABCHealth), during the Bloomberg Global Business Forum, he was co-hosting, and which...