archiveFebruary 20, 2018

  The Nigeria Stock Exchange All-Share Index closed positive at the end of today’s trading session to peg the YTD at 10.21 per cent. Market capitalization closed at N15.13 billion owing to the market N6 billion gain in Tuesday trading. Despite the moderate gains, Market breadth remains in bear’s camp...

The Nigerian Senate on Tuesday condemned the demolition of the factional secretariat of Kaduna APC, located at Sambo road, newsmen report. Senator Shehu Sani who raised a point of order, expressed his worry over the demolition of the building without prior notification. According to him, “how can a democratically elected...

  The Minister of State for petroleum resources, Ibe Kachikwu, has insisted that the Federal Government will not sell its refineries. The minister speaking on Tuesday at the Nigeria International Petroleum Summit in Abuja said rather than sell, the aim is to make Nigeria the refinery corridor for the rest...

  Nigeria has the 11th highest rate of newborn deaths in the world, a new report by the United Nations Children’s Fund, UNICEF, has said. The report which was released on Tuesday focused on “Newborn Mortality.” The global average newborn deaths per 1,000 births are 29. But with 37 newborns...

About two in five companies privatised by the Bureau for Public Enterprises (BPE) since inception are not performing, the agency has stated. The agency said it has privatised 142 enterprises since inception in 2004 with 37 per cent of them (52) not performing. The Director General of BPE, Mr. Alex...

Registrar, Joint Admissions and Matriculation Board (JAMB), Prof Ishaq Oloyede, has slammed Nigerians that have been making jokes out of the missing N36 million from the board’s office in Makurdi, Benue State. The JAMB boss was reacting to the recent claim by Philomena Chieshe, a sales clerk in JAMB office,...

The Investments and Securities Tribunal (IST), sitting in Abuja, has awarded general damages of N3million in favour of an investor in the capital market for losses and hardship suffered in the hands of his stockbrokers. This is contained in a statement signed by the Acting Director, Corporate Affairs, IST, Kenneth...

  * FG's collaboration with private sector good for economic progress *LCCI commends Buhari administration on the economy The Buhari administration, in line with its Economic Recovery and Growth Plan, would continue to ensure the implementation of policies to drive socio-economic growth and prosperity, according to Vice President Yemi Osinbajo,...

The Federal government has declared hate speech as an act of terrorism and warned that it will, henceforth, prosecute those who indulge in it. Minister of Information and Culture, Alhaji Lai Mohammed, who revealed this, said henceforth, offenders of dangerous comments would be treated in accordance with the 2011 terrorism...

The Nigerian Natural Resource Charter (NNRC) has disclosed that there are currently no clear policies in the award of oil and gas licenses in the Nigerian petroleum industry, stating that the decisions to award or deny licenses are determined by the prevailing socio-political environment. NNRC, in its 2017 Benchmarking Exercise...