archiveOctober 10, 2017

Trading activities on the Nigerian Stock Exchange on Tuesday reverted to negative territory as the All-Share Index (NSE ASI) and the Market Capitalization decreased by 0.15 per cent while the year-to-date return stood at 36.85 per cent. The All-Share Index closed at 36,776.60 against the previous close of 36,831.93 while...

The Minister of Budget and National Planning, Mr. Udoma Udoma, has said that the Federal Government was committed to the faithful implementation of the Economic Recovery and Growth Plan (ERGP) 2017-2020. The ERGP was launched by President Muhammadu Buhari on April 5. Udoma said this on Tuesday in Abuja at...

The Senate on Tuesday praised the nation’s male football team, Super Eagles, for being the first to qualify in the African continent for 2018 World Cup in Russia and thereby urged the Federal Government to ensure they are funded with the recovered looted funds to be able to perform well...

Oando Gas & Power Limited (OGP), the erstwhile Midstream business subsidiary of Oando PLC, has formally announced the change of its corporate identity and branding to Axxela Limited (Axxela). The rebranding effort follows last year’s acquisition of a controlling equity stake in the business by Helios Investment Partners LLP (“Helios”),...

Polling stations have opened across Liberia as the nation elects its next president and 73 members of the House of Representatives. This is the first transition election in Liberia in 70 years. The News Agency of Nigeria (NAN)team covering the election in Monrovia, the nation’s capital, reports that the elections...

The foreign exchange supply by the Central Bank of Nigeria (CBN) interbank foreign exchange market on Monday rose to $195 million, with the naira exchanged at 363 against the United States dollar. It would be recalled that the CBN on Tuesday, last week, intervened in the interbank forex market with...

• Says FG will raise capital expenditure further in 2018 budget The Vice President, Federal Republic of Nigeria, Prof Yemi Osinbajo, SAN, has identified African ingenuity, resilience and incredible opportunities as factors that make the continent work. He said this in his Keynote Address at the Financial Times Africa Summit,...

Former Governor of Cross River State, Donald Duke, has expressed disapproval of the zoning of the Presidency. He raised strong objection to this while speaking on Hard Copy hosted by Maope Ogun on Channels TV on Tuesday. According to him, “I have never subjected myself to zoning, when I ran...

Iyanuoluwa Osewa and Abiodun Bello both from The Ambassadors College, Ota, Ogun State last weekend repeated the feat of their respective students who won last year’s Cowbellpedia Secondary School Mathematics TV Quiz Show, sponsored by Cowbell, the flagship brand of Promasidor Nigeria Limited. In the Teachers’ edition of the competition,...

The Nigerian Army has launched Operation Crocodile Smile II in Lagos and Ogun states. According to a statement signed by the spokesman of the 81 Division, Lieutenant Colonel, Olaolu Daudu, the exercise will end on October 28th, 2017 and that it will help troops sharpen their combat skills on land...