archiveFebruary 2018

The Catholic Bishops Conference of Nigeria (CBCN) has called on President Muhammadu Buhari to use his background as a farmer and cattle rearer to find a `civilized solution’ to farmers/herdsmen clashes across the country. The President of CBCN, Rev. Ignatius Kaigama, made the call on Thursday after a closed doors...

All Share Index (NSEASI) and the Market Capitalization of the Nigerian Stock Exchange decreased by 0.49 per cent while the Year-to Date return stood at 13.29 per cent on Thursday. The All-Share Index closed at 43,326.89 against the previous close of 43,538.16 while Market Capitalization closed at ₦15.548 trillion against...

Lagos State Governor, Mr Akinwunmi Ambode on Thursday signed Lagos State Electric Power Reform Law into law a bill into law to guarantee 24-hour power supply in line with the vision to attain a 24-hour economy and make the state globally competitive. Giving details of  the benefits of the law,...

Ninety per cent of households in Nigeria consume contaminated water and other impure substances, the Multiple Indicator Cluster Survey (MICS) has revealed. Mrs Maureen Zubie-Okolo, a Monitoring and Evaluation Specialist with UNICEF, told the News Agency of Nigeria (NAN) that the water and sanitation situation in the country was worrisome....

  *Says President is very concerned & working hard to resolve the crisis *"I do not know of any one issue that has given him more concern or on which he has spent more time with Security Chiefs as this particular issue." *No one is giving land to anyone, as...

…Predictable revenue will lead to more investment in infrastructure, job creation …56m economically active Nigerians not tax compliant The Honourable Minister of Finance, Mrs. Kemi Adeosun, on Thursday declared that regular payment of taxes by Nigerians was fundamental to the growth and development of the country. Adeosun affirmed that predictable...

  Nigerian bond yields rose 50 basis points across maturities on Wednesday to a level last seen five months ago, traders said. Investors, worried that rising global inflation could trigger a rate hike in developed economies and lead to a capital flight in emerging markets, were closing out their bond...

... despite not presenting financial reports for two years Skye Bank has emerged the best performing stock in January, with a growth of 194 per cent in spite of not presenting its financial reports for two years. Statistics obtained by the News Agency of Nigeria from the Nigerian Stock Exchange,...

  MTN Group Ltd. plans to raise about $500 million from the sale of shares in its Nigerian business during the first half of the year, fulfilling the terms of a deal struck with the country to settle a record fine, according to people familiar with the matter. Standard Bank...

  As part of efforts to deliver superior and innovative banking solutions to its customers, Keystone Bank has announced the launch of a brand new mobile banking application with many user friendly features which can be accessed from the convenience of a mobile phone. According to the Group MD/CEO, Obeahon...