archiveSeptember 20, 2017

The bull managed a comeback on The Nigerian Stock Exchange on Wednesday as the market All- Share Index (NSE ASI) and the Market Capitalization increased by 1.04 per cent, while the year-to-date return stood at 31.01 per cent as investors gained N125 billion. The All-Share Index closed at 35,207.89 against...

One of the major highlights of the Federal Executive Council (FEC) meeting on Wednesday was the approval by the Federal Government of N45 billion severance package for workers of the liquidated Nigeria Airways. Minister of State for Aviation, Hadi Sirika, disclosed this while briefing State House correspondents on the outcome...

The Nigerian Stock Exchange and Ciuci Consulting, a leading Strategy and Consumer Intelligence Company are to announce the launch of the Nigeria Business Composite 10 (NiBC 10) which will take place on Tuesday, September 26, 2017 at the Stock Exchange House, Lagos. The NIBC 10 is a selection of 10...

The Federal Government has identified France and the Diaspora as the sources of funding for the activities of the banned the Independent Peoples of Biafra (IPOB) even as President Muhammadu Buhari has approved the group’s proscription as had been previously announced by the Defence Headquarters (DHQ). Minister of Information and...

Former Vice President, Alhaji Atiku Abubakar, has congratulated President Muhammadu Buhari on what he called a successful outing at the 72nd Session of United Nations General Assembly in New York on Tuesday. Atiku, in a statement issued in Abuja by his media office on Wednesday, agreed with Buhari’s message of...

The Central Bank of Nigeria on Wednesday raised more money from an auction of treasury bills than originally planned after it received subscriptions for almost four times the amount of debt initially on offer, traders said. The bank raised N215.88 billion ($686 million) at the auction, 75 billion naira more...

The Nigeria National Petroleum Cooperation (NNPC) has said that it has started the process leading to the exploration of oil and gas in the Sokoto Basin. Its Group Managing Director, Maikanti Kachalla Baru, stated this when he received the Governor of Sokoto State, Aminu Waziri Tambuwal, who paid him a...

As part of the activities lined up to mark this year’s World Tourism Day, Jumia Travel, the leading online travel agency has partnered with Destination Tourism Night (DTN), a brainchild of Travelogue Communications to celebrate the day. The event is slated to hold in Lagos on Friday, September 22, 2017....

Barely a week after it intercepted a 20-foot container load of 1,100 pump action rifles, the Tin Can Island Command of Nigeria Customs Service, Monday, uncovered yet another set of 475 rifles shipped in by the same importer. Vanguard gathered that the guns were discovered after the Customs Area Controller...

The management of Odu’a Investments Limited has ventured into real estate business even as it commissioned a N500 million residential estate in Ibadan on Tuesday. The estate called “Ace Estate” sited on a 4,400 square metre land in Jericho Government Reserved Area (GRA) of Ibadan comprises seven detached duplexes and...