archiveSeptember 21, 2017

*Partners with Red Cross to attract innovative solutions, ideas to region’s challenges *Set to launch innovation hub in Yola In line with the Buhari administration’s policy of promoting the use of technology as a critical tool for public service delivery, the Federal Government, through the Presidency’s National Social Investment Office,...

The Nigerian Stock Exchange All-Share Index (NSE ASI) and the Market Capitalization decreased by 0.05 per cent while the year-to-date return stood at 30.94 per cent. The All-Share Index closed at 35,188.97 against the previous close of 35,207.89 while Market Capitalization closed at ₦12.130 trillion against previous close of ₦12.137...

The Tin-Can Island Command of Nigeria Customs Service (NCS) has intercepted 2,671 pump action rifles imported from Turkey through profiling approach. The Comptroller-General of NCS, retired Col. Hameed Ali, told journalists in Lagos on Thursday that the seizure was the fourth at the Lagos port within eight months. He said...

When I concluded plans to visit London this week, it was for the purpose of making a presentation on primary health care at Chatham House. But about a week ago, I received a request to also speak here about the restructuring debate in Nigeria. I accepted with reservations, because I...

The two-week strike action embarked by upon by the non-teaching staff of Nigerian Universities under the auspices of the Joint Action Committee has been suspended. The three non-teaching staff bodies of Nigerian universities began an indefinite strike action on Monday, September 11 as a result of government failure to meet...

Africa’s richest man and Nigerian business mogul, Alhaji Aliko Dangote has told a packed room in New York that he was hoping that oil prices will remain low to wean Nigeria away from its dependence, stressing that agriculture should be the focus of government, as well as gas and minerals,...

Oil prices rose on Wednesday in spite of a rise in US crude inventories with the market heading for its largest 3rd quarter gain in 13 years after the Iraqi oil minister said OPEC and its partners were considering extending or deepening output cuts. Brent crude futures rose to 56.20...

A 17-year old student of Unique Heights Secondary School, Omole Estate, Lagos, Joseph Lambo, who scored A1 in the nine subjects he wrote in the just released Senior School Certificate Examination, (SSCE) has attributed his success to hard work and God. Lambo who was named after his late grandfather, Dr...

A member of the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN), Dr. Doyin Salami, has said that the CBN is acting like a “piggy bank” with its funding of the Federal Government. Salami said he was struggling to understand the CBN’s economic rationale for such action....

Forte Oil Plc has decided to suspend its bid to raise new equity funds. The company had earlier secured regulatory approval to float a supplementary capital raising through a book building. The company in a statement signed by its Company Secretary, Mr. Akin Olagbende and released at the Nigerian Stock...