archiveFebruary 19, 2018

The Nigerian equities market began the week bearish. The index and the market capitalization closed lower at 41988.18 and N15.07 billion respectively. Similarly, Market breadth closed in favour of bear, with 16 gainers and 32losers. Sectoral indices grounded the NSEASI as all indices closed downbeat save for NSEBNK and NSEINS...

  The Nigerian Computer Society (NCS), has commended President Muhammadu Buhari for signing the Executive Order 5 to improve local content in public procurement with science, engineering and technology components. Mr Rex Abitogun, the Chairman of NCS, Abuja chapter gave the commendation in an interview with the News Agency of...

President Muhammadu Buhari on Monday said all unclaimed looted assets including landed properties recovered by the Federal Government would be sold and the proceeds deposited into government treasury. The President made this known when he addressed members of Daura Emirate coalition who paid him a condolence visit at his country...

The Central Bank of Nigeria (CBN) has provided fresh 210 million dollars to meet customers’ requests in various segments of the foreign exchange market. The Bank’s Acting Director, Corporate Communications Department, Mr Isaac Okorafor in a statement on Monday in Abuja, said that 100 million dollars was offered to authorised...

  A former Nigeria’s Chief of Army Staff, Lt. Gen. Alani Akinrinde (retd), on Monday lamented that the past two years of President Muhammadu Buhari government has been characterized by cruelty and complete bad governance. General Akinrinade spoke in Akure, Ondo state at the lecture organised to mark the first-year...

Pan-African financial services group, United Bank for Africa (UBA) Plc, on Friday, 16th of February, treated its esteemed clients to an evening of fun glamour and glitz at the screening of the most anticipated movie of the year ‘ Black Panther’. The movie premier, powered by UBA, which celebrates black...

A total of N11.43 billion accrued as earnings from the sales of shares to the three major players in the Nigerian equities in 2017, according to findings by business a.m. The Securities and Exchange Commission (SEC), the market regulator, the Nigerian Stock Exchange (NSE), the market platform provider and the...

    The National Bureau of Statistics (NBS) says 1,306 persons died in road accidents across Nigeria in the fourth quarter of 2017. In a report  on its website, NBS said the major cause of the high number of road casualty was violation of speed limit, while loss of control...

  The Federal Government has issued a query to the Acting Chairman of the Economic and Financial Crimes Commission, Ibrahim Magu, and a Senior Advocate of Nigeria, Festus Keyamo, over the corruption charges filed against the Chairman of the Code of Conduct Tribunal, Danladi Yakubu Umar, in the name of...

Minister of Finance, Mrs Kemi Adeosun, has called for the designation of tax malpractices by multinational corporations in Nigeria and other developing countries as “foreign corrupt practices”. Adeoson made the call at the Platform for Collaboration on Tax Conference in New York, United States of America, which came to an...