archiveDecember 20, 2017

Equities market on the Nigerian Stock Exchange (NSE) reversed into the positive zone on Wednesday as it added 40 basis points to the All-Share Index (ASI), leaving the year-to-date return at 41.15 per cent. Also, market capitalisation similarly went up to N13.19 trillion from N13.04 market breadth closed marginally in...

The Federal Government of Nigerian has declared December 25 and 26,2017 as well as January 1, 2018 as public holidays. The holidays are to celebrate the Christmas and New Year. The announcement of the holidays was made in a statement by the Permanent Secretary in the Interior Ministry, Abubakar Magaji....

Benin Republic’s telecommunications regulator has withdrawn the operating licence of Nigerian mobile telecoms company Globacom’s local unit in a dispute over new terms, according to a document seen on Tuesday. The regulator, ARCEP-Benin, said that it took the decision after negotiations with Glo Mobile Benin to renew its licence broke...

  A survey conducted by the Top 50 Brands Nigeria, a research organisation, has picked as Promasidor Nigeria Limited as one of the 2017 top 50 brands in the country. The organiser said the selection was a result of a year-long rigorous research, using Brand Strength Measurement (BSM) index, a...

The Governor of Bayelsa State, Henry Seriake Dickson, has asked the Federal Government to exclude the 13 percent derivation funds accruable to oil producing states from the $1 billion to be deducted from the Excess Crude Account (ECA) for national security. The governor demanded that the 13 percent Derivation component...

As part of his ongoing tour of parastatals under his ministry, the Bayelsa State Commissioner for Information and Orientation, Daniel Iworiso-Markson has visited the state owned newspaper corporation, New Waves. The Commissioner who‎ acknowledged some of the challenges faced by staff of the corporation assured them that very soon the...

The Guild of Corporate Online Publishers (GOCOP) has condoled with the family of a former Editor-in-Chief of the News Agency of Nigeria, Mr James Bello, who died on Monday, December 11, 2017. A statement issued by the Guild’s Publicity Secretary, Olumide Iyanda, in Lagos on Wednesday described Bello’s death as...

    By Prof Tolu Odugbemi A way forward cannot be charted without considering the present situation and the limitations that currently exist. What are the factors hindering good standards in education? These are mainly bad planning of curricula of institutions, misconceptions of what the mission of various levels and...

  The Director General of the National Agency for the Prohibition of Trafficking in Persons (NAPTIP) Ms. Julie Okah-Donli, has disclosed that more than 25,000 Nigerians have been held in slave and sex camps in Libya. Okah-Donli made this known while defending the agency’s 2018 budget before the Senate Committee...

The Nigerian Senate has said that the 2018 budget was “heavily padded, inconsistent, full of errors and inaccuracies.” Senate President Bukola Saraki, who made this revelation at the plenary on Tuesday said the executive arm should sit up, warning that disaster was lurking if the 2017 budget was not rolled...