archiveApril 2018

  The West African Examinations Council (WAEC) has debunked claims that it collaborated with fraudulent websites to leak question papers through syndicates to candidates. The Council’s Head of Public Affairs, Mr Demianus Ojijeogu, in a press release said the question papers for the ongoing WASSCE for school candidates, 2018 did...

    The Catholic Bishops Conference of Nigeria (CBCN) has strongly condemned the killing of two Catholic priests with their parishioners on Tuesday in Benue state and urged Nigerians to stand up for their right. In a statement jointly signed by the association’s President, Most Rev. Augustine Akubeze and the...

  The Central Bank of Nigeria (CBN) has set the maximum amount a bank customer can transfer via mobile phones using shortcodes at N100,000. In a statement signed by Director, Banking and Payment Systems of CBN, Dipo Fatokun, the decision was made because of the risks associated with mobile banking....

  The Federal Government on Friday accused commercial banks in the country of shielding owners of accounts without Bank Verification Numbers (BVN) in a bid to frustrate the intention of the policy which is to curb the flow of illicit funds and corruption. The federal government stated this at the...

  The market capitalisation of the Nigerian Stock Exchange (NSE) on Friday rose by N170 billion following huge gain posted by Nestle. The News Agency of Nigeria (NAN) reports that the market capitalisation rose to N170 billion or 1.15 per cent to close at N14.940 trillion against the N14.770 trillion...

  The Accountant-General of the Federation, Ahmed Idris said  on Thursday in Abuja that the Federal Government States and Local Governments  shared N626 billion in April. He said this while briefing the press on the outcome of the Federal Account Allocation Committee meeting. Giving a breakdown of the revenue accrued...

  *In speech delivered by VP at ECOWAS meeting in Abuja, FG seeks enforcement of transhumance protocols to avoid escalation of national security challenges Nigeria will follow the regional cooperation model it used in dealing with the threat of Boko Haram to tackle the security threat posed by the escalating...

As part of the process, Diamond Bank has signed a Share Sale and Purchase Agreement with a member of GFG Alliance, for the disposal of its entire shareholding in Diamond Bank UK. Completion of the transaction is subject to approval from the Financial Conduct Authority and Prudential Regulatory Authority –...

  Over 1,000 delegates interested in African capital market to attend Lagos is the host city The Nigerian Stock Exchange (NSE) has emerged the preferred host of the 22nd Annual Conference of the African Securities Exchanges Association (ASEA) scheduled to hold from 25 to 27 November, 2018, at the Oriental...

  Dr. Obadiah Mailafia, former Deputy Governor, Central Bank of Nigeria (CBN) and Professor Akpan Ekpo, Director-General, West African Institute for Financial & Economic Management (WAIFEM) are some of the distinguished guest speakers expected at the Business Journal 10th Anniversary Lecture/Awards scheduled for Thursday, June 7, 2018 at Sheraton Hotel,...