archiveOctober 2017

The Bankers Committee comprising the Central Bank of Nigeria (CBN) and Chief Executive Officers of banks in Nigeria has threatened that henceforth, exporters who fail to repatriate export proceeds will be sanctioned. Rising from its meeting on Thursday in Lagos, the committee said the sanction will be by way of...

President Muhammadu Buhari has presented Mrs Aishah Ahmad to the Senate for confirmation as Deputy Governor of the Central Bank of Nigeria (CBN). The President’s Special Adviser on Media and Publicity, Mr Femi Adesina, announced this in a statement on Thursday in Abuja. According to the presidential aide, Ahmad is...

The Federal Government on Thursday released the proceeds of the N100 billion Sukuk bond for 25 road projects across the country. The Minister of Finance, Mrs. Kemi Adeosun, handed over the N100 billion proceeds cheque to the Minister of Power, Works and Housing, Mr. Babatunde Raji Fashola, in Abuja. The...

Unity Bank has charged organizations and Government to pay greater attention to Employee Assistance Programmes to minimize depression, anxiety, excessive stress, worry and addictions in the workspace in order to impact positively on job performance, mental and physical health and emotional wellbeing of their workforce. Writing on its recent partnership...

Barely three days after it launched, new satellite TV provider, TSTV has received its first warning shot in form of a letter alleging illegal pirating of some TV content. A letter purported to have been sent to the Nigeria Copyrights Commission by beIN, a TV content provider, and titled “Illegal...

The Nigerian Stock Exchange All-Share Index (NSE ASI) and the Market Capitalization increased by 0.15 per cent, while the year-to-date return stood at 31.57 per cent. The All-Share Index closed at 35,358.57 against the previous close of 35,306.09 while Market Capitalization closed at ₦12.171 trillion against previous close of ₦12.171...

As part of its commitment to the transformation of the Nigerian debt capital market (DCM) into a world class, properly functioning and globally competitive, FMDQ OTC Securities Exchange, in collaboration with DCM stakeholders on Friday last week launched a Sustainable Finance Sub-Committee in its Debt Capital Market Development Project. According...

Bayelsa State Governor, Henry Seriake Dickson ‎on Wednesday in Yenagoa inaugurated his former Chief Press Secretary, Daniel Iworiso-Markson, as the new Commissioner for Information and Orientation. Iworiso-Markson, a University of Nigeria, Nsukka (UNN)-trained consummate media‎ practitioner and renowned Public Relations Consultant, takes over from Hon. Jonathan Obuebite who has been...

The National Association of Nigerian Students (NANS) will protest against the poor state of health facilities in Nigeria following the death of its former President, Mr Dauda Mohammed, a statement has said. The statement issued by NANS’s President, Comrade Chinonso Obasi, on Wednesday in Abuja said the seven-day protest would...

The Lagos State Government and 10 other stakeholders have agreed to a 14-point resolution to restore order and sanity to Apapa. This agreement comes into being a fortnight after it directed all articulated vehicles to stay away from the state. The stakeholders which comprise the Nigerian Ports Authority (NPA), Nigerian...