archiveDecember 14, 2017

  Nigerian Equities market maintained its position in the red zone on Thursday as a loss of 100bps at the close of the previous trading session worsened to 156bps points today. The NSE All-Share Index closed at 37,933.70 points and market capitalization similarly dropped to 13.19 trillion naira from 13.40...

Governor Ibukunle Amosun of Ogun on Thursday said that the state would access the Nigerian Stock Exchange (NSE) with bond issuance for infrastructure development. Amosun said this at the exchange while addressing market participants in Lagos. The governor led a delegation of his administration to the NSE to begin initial...

  The Independent National Electoral Commission (INEC) on Thursday announced the registration of 21 new political parties. This brings the total number of registered political parties in Nigeria to 67.     All Blending Party                 =          ABP All Grassroots Alliance         =           AGA Alliance for New...

State governors i the country on Thursday approved the release of $1 billion from the country’s excess oil account to the government to help fight the Boko Haram Islamist insurgency. The account holds foreign reserves from excess earnings from sales of crude. It currently totals $2.3 billion, according to Nigeria’s...

Access Bank Plc has emerged the winner at the inaugural Nigeria Sustainable Banking Awards convened by the Central Bank of Nigeria (CBN) in recognition of its outstanding success and leadership in Nigeria’s sustainable development. The award  which took place in Lagos recently cut across four categories and were all won...

  ...S/West has accepted outcome of convention - Ladoja ...It's too late to quit PDP, says Daniel The Peoples Democratic Party (PDP) would need the full support of its members in the South West to effectively execute its plan to regain political power in 2019, Chairman of the party's National...

  *Receives update on audit of revenue generating agencies & awaits final report next month An update of the ongoing forensic audit of revenue accrued from revenue generating agencies and meant for the Federation Account was given today at the National Economic Council, NEC meeting presided over by Vice President...

The House of Representatives Committee on Oil and Gas has threatened to issue warrant of arrest on the Managing Directors of Aiteo Energy, Neconde Energy, Frontier Energy and seven indigenous oil companies if they fail to appear before it to account for    unremitted $250million to the purse of the Federal...