archiveOctober 2017

….IMF, World Bank project higher growth for Sub-Saharan Africa, Global Economy in 2018 The Honourable Minister of Finance, Mrs. Kemi Adeosun, disclosed on Sunday that the Federal Government would not be reckless with foreign borrowings as it maintains an expansionary fiscal policy. The Minister also revealed that the International Monetary...

The Managing Director/CEO of Unity Bank plc, Mrs. Tomi Somefun has commended the Breast Cancer Association of Nigeria (BRECAN) as she led this year’s BRECAN Jog for life Charity Walk in Lagos aimed at sensitizing the public and increasing momentum on the multi-sector approach targeted at curbing the spread of...

Claims on social and traditional media that $25 billion worth of oil contracts were awarded by the Nigerian National Petroleum Corporation (NNPC) or that $25 billion NNPC funds is missing are both false. According to Mr. Laolu Akande, Senior Special Assistant to the President on Media and Publicity, Office of...

The Nigerian Stock Exchange (NSE) All-Share Index and Market Capitalization appreciated by 1.45 per cent to close the week at 36,848.17 and N12.684 trillion respectively. Similarly, all other Indices finished higher during the week with the exception of the NSE ASeM Index which closed flat In all, forty-one (41) equities...

"Government alone cannot support universities to the extent that is required....A lot will have to come from the alumni and the private sector. That’s how great universities all over the world are run. Remarks by the Vice President Federal Republic of Nigeria, His Excellency, Prof. Yemi Osinbajo, SAN, GCON, at...

Nigeria has held bilateral discussions with Japan International Cooperation Agency (JICA) power and infrastructure projects as well as some pipeline projects. The Nigerian delegation was led by the Honourable Minister of Finance, Mrs. Kemi Adeosun, while the Senior Vice President of JICA, Mr. Hiroshi Kato, led the JICA delegation. Other...

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...