archiveOctober 26, 2017

The National University Commission (NUC)‎ has approved the establishment of the full time mode for the take-off of some programmes in the main campus of the University of Africa in Toru-Orua, Bayelsa State. The NUC disclosed this in a letter signed by its Director of Academic Planning, Dr. G. B...

The Nigerian Stock Exchange All-Share Index (NSE ASI) and the Market Capitalization decreased by 0.29 per cent, while the year-to-date return stood at 35.88 per cent on Thursday. The All-Share Index closed at 36,517.48 against the previous close of 36,622.85 while Market Capitalization closed at ₦12.639 trillion against previous close...

  Aminu Babangida, son of former Military Head of State, Ibrahim Babangida has been appointed the Chairman of Unity Bank. Babangida’s appointment was disclosed in a notice posted on the Nigerian Stock Exchange website on Thursday. The notice signed by Mohammed Shehu, the bank’s secretary, said the appointment was approved...

  Islamic State has claimed responsibility for an attack in northeast Nigeria that killed eight soldiers and a civilian and injured five other people on Tuesday, a statement by the group said on Thursday. “The fighters took three four-wheel-drive vehicles and others mounted with rifles and heavy weaponry and various...

  FG releases N450bn for capital projects in 2017 budget The Federal Government has so far released the sum of N750 billion for capital projects under the 2017 budget even as the Federal Executive Council (FEC) has approved the 2018 fiscal estimates of the Federal Government. Speaking while briefing State...

Access Bank Plc has announced six per cent increase in profit before tax to N72.9 billion for the nine months ended September 30, 2017 from N68.99 billion reported in the corresponding period of 2016. The Bank’s profit showed an increase of four per cent from N54.08 billion recorded during the...

  The Federal Executive Council (FEC) on Thursday approved a tax relief scheme to attract private sector involvement in the provision of Federal road infrastructure across the entire country. The approval was the outcome of a Memorandum for the setting up of a Road Trust Fund (RTF) presented by the...

FBN Holdings Plc on Thursday announced an increase of 7.8 per cent in profit to N45.8 billion in its unaudited results for the nine months ended September 30, 2017. The group in its unaudited results to Nigerian Stock Exchange (NSE) reported N42.5 billion profit in prior nine month ended September...

A two-day workshop for information officers and other key officials of the Bayelsa State Ministry of Information and Orientation on Wednesday commenced in Yenagoa the state capital.. Declaring the workshop open, the Commissioner for Information and Orientation, Daniel Iworiso-Markson said it is the first in a series of training that...

  The Kogi State Ministry of Finance and Economic Development has revealed that the state got N3.6 billion as statutory allocation from the Federation Account for the month of September 2017 for both the State Government and the Local Government Councils. The Monthly Federation Account Allocation Committee (FAAC) meeting for...