archiveApril 18, 2018

  Trading transactions on The Nigerian Stock Exchange (NSE) turned bearish on Wednesday with a marginal dip in the All-Share Index (ASI) by 0.04 per cent to 40,772.26 points. Accordingly, the Month-to-Date and Year-to-Date returns moderated to -1.76 per cent and 6.61 per cent respectively. The Oil & Gas (-1.68%)...

Research work by KPMG Nigeria has revealed how foreign  exchange (forex) management threatens businesses in the economy. On a ten level risk findings, forex was identified as the highest and most disturbing variable slowing down business growth. Head of Risk Consulting at KPMG Nigeria, Olumide Olayinka, said on Tuesday that...

  The House of Representatives has dropped the Electoral Amendment Bill causing trouble in the Senate, the News Agency of Nigeria (NAN) has reported. The House and the Senate amended the bill, changing the election sequence announced by the Independent National Electoral Commission (INEC). The bill sought to amend electoral...

  Nigerian youths just want to sit down and do nothing, banking on the notion that Nigerian is an oil-rich nation President Muhammadu Buhari has said. Buhari speaking at the Commonwealth Business Forum in Westminster on Wednesday, also said a lot of Nigerian youths have not been to school and...

  A recently released report by the Socio-Economic Rights and Accountability Project (SERAP) has revealed that “55 politicians, high-level public officials and leaders allegedly stole N1, 354 trillion between 2006 and 2013 from the nation’s treasury.” “The amount of money embezzled, misappropriated or stolen by public officials and leaders in...

  The House of Representatives has strongly the Wednesday’s attack on the Senate by suspected thugs, who made away with the mace, representing the authority of the chamber. It described the incident as an “act of terrorism.” The Speaker, Yakubu Dogara, who led the lawmakers on solidarity march to the...

The Vice President, Yemi Osinbajo presided over the weekly Federal Executive Meeting, (FEC) held today (Wednesday) in Abuja. The meeting had in attendance 18 out of 36 ministers walking with President Muhammadu Buhari. It would be recalled that President Muhammadu Buhari after announcing his intention to run for the 2019...

*New National Council on Technology coming *Adds: Nigeria has incredible talents in technology and innovation *FG will partner and support growth of tech hubs *Urges young Nigerians to find innovative, creative ways to solve country’s challenges “There is so much going on, so many young people, and so many creative...

  The suspended lawmaker representing Delta Central Senatorial district, Senator Ovie Omo-Agege, has been arrested. The arrest followed his alleged involvement in the snatching of Senate’s mace early on Wednesday when he was alleged to have personally led about seven thugs into the chambers. After the incident, he stayed in...

  Accident Investigation Bureau (AIB) on Wednesday attributed poor co- ordination between the two pilots who operated the Associated Aviation October 3, 2013 as the cause of the crash saying the crew failed to implement principles of crew resource management. The AIB, while releasing the final accident report said the...