archiveOctober 13, 2017

Diamondbnk, Access,Transcorp, Fcmband, Zenithbank were the most active stocks by volume on The Nigerian Stock Exchange on Friday, while Champion, Diamondbnk, NEM, Redstarex and Intbrew emerged the highest price gainers on the chart even as CCNN, UPL, FO, Firstalum and Unitybnk topped the losers chart. The market All-Share Index (NSE...

The former Director-General of the Securities and Exchange Commission of Nigeria and current Treasurer of the World Bank, Ms Arumah Oteh in an exclusive interview Euromoney, talks about the difference the capital markets can make and her previous career fighting corruption in Nigeria. “I’m always interested in how you can...

The Presidency on Friday said the reported discussion between President Muhammadu Buhari and the World Bank Group President, Jim Yong Kim, was deliberately twisted by those who it said specialise in such acts. It was reported in the media on Friday that Kim disclosed in Washington DC, United States of...

...asks parents to stop withdrawing children The Bayelsa State Government on Friday announced the suspension of all forms of medical outreach program in public and private schools throughout the state. The decision, according to the Commissioner for Information and Orientation, Daniel Iworiso-Markson, at a joint press briefing with his Health...

Nigeria has asked the World Bank Group and the International Monetary Fund (IMF) to scale up the provision of and access to renewable energy in order to deliver development results and meet global climate goals. Nigeria’s position on renewable energy and regional integration was presented by the Honourable Minister of...

The Federal Government says the privatised power sector will open up for new investment process to enable new investors invest further in the development of the sector. The Minister of State for National Planning, Mrs Zainab Ahmed, said this in Abuja. Ahmed said the plan by government became necessary given...

South Africa’s Supreme Court of Appeal on Friday upheld a ruling by the High Court that reinstated corruption charges against President Jacob Zuma. Mr. Zuma approached the court seeking to have a Pretoria High Court judgment in April 2016 that ordered a review of a decision by the National Prosecuting...

Arewa Consultative Forum (AGF), has called on President Muhammadu Buhari to impartially probe the allegations of impropriety in contract award levelled against the Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mr. Maikanti Baru by the Minister of State for Petroleum Resources, Dr.Ibe Kachikwu. The body gave the...

The Senate has passed the Electoral Act No. 6 (2010 Amendment) Bill 2017 into law and below are the details of the bill: 1. There shall now be full biometric accreditation of voters with Smart Card Readers and/or other technological devices, as INEC may introduce for elections from time to...

The Chief Executive Officer of Union Bank Plc, Mr. Emeka Emuwa has said that the bank, which is currently on breach of regulatory prescribed 20 per cent share flotation may sustain the tempo until trends in the market improves. The bank’s CEO disclosed this on Wednesday at the Nigerian Stock...