archiveOctober 2017

Activities on the Nigerian Stock Exchange (NSE) sustained positive trend as the All-Share Index improved further by 0.25 per cent on Wednesday. The index rose by 91.23 points or 0.25 per cent to close at 36,622.85 compared with 36,531.62 achieved on Tuesday while the market capitalisation which opened at N12.574...

The Federal Government of Nigerian  has ordered the National Agency for Food and Drug Administration and Control (NAFDAC) to reduce products’ registration period. Vice President, Yemi Osinbajo, gave the directive in Abuja on Tuesday at the NAFDAC stakeholders’ consultative forum on the ease of doing business in Nigeria. Osinbajo, who...

SEC says Oando declared dividends from unrealised profits, released false financial statements Oando Plc has obtained an ex-parte order from the Federal High Court restraining the Nigerian Stock Exchange (NSE) from implementing a technical suspension on its shares. The company’s Head, Corporate Affairs, Alero Balogun, said on Tuesday that the...

The Accountant-General of the Federation, Ahmed Idris, said on Tuesday that the Federal Government, States and Local Governments shared N558.082 billion in October as against N637.704 shared in September. He revealed this at the end of the monthly Federal Accounts Allocation Committee meeting in Abuja on Tuesday. According to him,...

  ...say they should be dismissed, tried A team of human rights lawyers under the aegis of Public Interest Defenders (PID), has demanded that the Attorney-General of the Federation and Minister of Justice, Abubakar Malami (SAN) and the Minister of Interior, Abdulrahman Dambazzau be fired from office with immediate effect...

  The Bayelsa State Government has called on its citizens to see obtaining the National Identity Card as necessity and their basic right as citizens. The government also expressed concern over their apathy to the collection of the card. The Bayelsa State Commissioner for Information and Orientation, Daniel Iworiso-Markson, made...

A coalition of 25 pressure groups, under the aegis of United Middle Belt Professionals (UMBP), on Tuesday in Jos revealed how politicians in Benue State have allegedly been conniving with local government officials to steal salaries of dead pensioners. The organisation also claimed that its independent investigation has showed that...

During the APC Governorship campaign flag-off in Onitsha, Anambra State, on Friday, October 20, 2017, Vice President Yemi Osinbajo, SAN, had reiterated the Buhari administration’s commitment to keeping its promises to the Nigerian people. One of these promises is the construction of the second Niger Bridge. In the official press...

The Nigerian Stock Exchange closed in the positive territory on Tuesday as the market indicators rose by 0.33 per cent after dropping a two-day loss even as the All-Share Index improved by 118.89 points or 0.33 per cent to close at 36,531.62 against 36,412.73 recorded on Monday. Also, the market...

  …Says entrepreneurship & gender equality will drive economic diversification in the Middle East and Africa Chairman, Heirs Holdings and Founder, The Tony Elumelu Foundation, Tony O. Elumelu, CON joined global private sector leaders at the Future Investment Initiative Conference in Riyadh, Saudi Arabia on October 24 2017 to discuss...