archiveApril 16, 2018

President Muhammadu Buhari said in London on Monday when speaking with the British Prime Minister, Theresa May, that though the country will be having elections in 2019, his primary concern was to tackle insecurity and also put the nation’s economy in a better position. President Buhari stated this when he...

The Nigeria Communications Commission (NCC) will not approve the sale of 9mobile to any bidder without technical competence, the Executive Vice-Chairman of the commission, Mr Umar Danbatta, said on Monday. Danbatta gave the assurance at an interactive session with journalists in Lagos. He said that a preferred bidder for 9mobile...

  Faults in the distribution network of eight distribution companies resulted in the death of 22 persons in three months, the latest report from the Nigerian Electricity Management Service Agency (NEMSA) shows. As stated in the report, distribution defects in the systems of Benin, Eko, Enugu, Ibadan, Jos, Kaduna, Kano,...

  The Peoples Democratic Party (PDP), on Monday called for an immediate inquest into the alleged violent clash between security forces and members of the Shiite movement, in the Federal Capital Territory (FCT), Abuja. The clash which was said to have rendered human and vehicular movement cumbersome, lasted for several...

  The former Minister of Education and social crusader, Dr Oby Ezekwesili, has traced the high level of corruption in the Nigeria to the discretionary allocation of oil blocks. She said this while speaking in Lagos on Monday at the Oil & Gas Trainers Association of Nigeria (OGTAN) National Educational...

  Trading transactions on the Nigerian Stock Exchange (NSE) started the week on a positive note, as the market All-Share Index (ASI) inched higher by 0.14 per cent to 40,987.77 points on Monday. Accordingly, the Month-to-Date and Year-to-Date returns improved to -1.25 per cent and 7.18 per cent respectively. Performance...

    In a bid to ensure a smooth application process for its loans and as well provide adequate financing for Lagos businesses, the Lagos State Employment Trust Fund (LSETF) has launched an upgraded online portal embedded with loan tracking capabilities for improved application experience for applicants of its loan...

  The Nigerian Stock Exchange (NSE) has migrated Access Bank Plc, Lafarge Africa Plc, Seplat Petroleum Development Company Plc and United Bank for Africa Plc to its Premium Board on Monday, April 16, 2018 sequel to them applying and meeting the Exchange’s listing requirements for the board. The Premium Board...

  Wife of President Muhammadu Buhari of Nigeria, Mrs Aisha Buhari, has said her criticisms of the actions and inactions of the administration by her was “a result of my sense of justice”. She spoke at the 2017 Vanguard Awards where she was honoured as Vanguard Personality of the Year...

  A statistician, Dr. Olusanya Olubusoye, has advised politicians and government at all levels against reckless fiscal spending to prevent inflation ahead of the 2019 elections. Olubusoye, a lecturer at the Department of Statistics, University of Ibadan, gave the advice in an interview with the News Agency of Nigeria (NAN)...