archiveMay 2018

The bearish sentiment continued on the Nigerian Stock Exchange (NSE) on Wednesday  as the All-Share Index (ASI) declined by 1.05 per cent  to 38,606.41 points even as the market capitalization fell below N14 trillion to NGN13.98 trillion. Accordingly, Month-to-Date loss surged to 6.45 per cent, the highest seen so far...

Senate President, Dr. Bukola Saraki, has reacted to the alleged defection of Kogi West Senator, Dino Melaye from the All Progressives Congress (APC) to the Peoples Democratic Party (PDP) on Wednesday. There were media reports that the lawmaker had on Wednesday decamped from the APC to the PDP on the...

  ...Invite OAU authorities to explain outcome of their internal investigation   The Nigerian Senate has begun investigation on the case of sexual harassment at the Obafemi Awolowo University (OAU) involving a postgraduate student, Miss Monica Osagie, and a lecturer at the Accounting Department of the institution, Prof. Richard Akindele....

The Securities and Exchange Commission, Nigeria (SEC) has raised an alarm that its attention has been drawn to an electronic message being circulated to investors on behalf of Partnership Investment Company Plc and its subsidiaries captioned “Re Partnership Investment Company Plc. Restructuring and Re-organization: A Plan to Pay All Creditors/Customers”....

    ...Accuses him of sponsoring mass protest in Abuja, Yenagoa to blackmail government, security agents   The Bayelsa State Governor, Henry Seriake Dickson, on Wednesday accused a chieftain of the All Progressives Congress (APC) and a former Governor of the State, Chief Timipre Sylva, of sponsoring acts of destabilisation...

A Federal Capital Territory High Court on Wednesday sentenced a former Taraba State Governor, Jolly Nyame, to 14 years in prison without an option of fine for misappropriating state funds. Nyame was found guilty of 27 out of 41 counts of alleged diversion of public funds while he served as...

As the “World No Tobacco Day 2018″ is commemorated globally, the World Health Organisation (WHO) has called on countries to raise taxes on tobacco products to make them less affordable. WHO, in a message on Wednesday to commemorate the day celebrated annually on May 31, also urged countries to enforce...

  All Progressives Congress (APC) governorship flag bearer in Ekiti State, Dr. Kayode Fayemi has resigned his appointment as Minister of Mines and Steel Development to concentrate on the July 14, 2018, governorship election in the State. Fayemi tendered his resignation letter to President Muhammadu Buhari three weeks ago, but...

The National Pension Commission (PenCom) has said that pensioner’s contribution has hit the N8 trillion mark. The Commission said that the contributions moved from N7.779 trillion in March 2018 to N8 trillion in April. Speaking in a television programme, the Head of Research and Corporate Strategy Department at PenCom, Dr....

As Nigerians celebrate the 19th anniversary of the country's return to democracy, on Tuesday, a front- line politician and governorship aspirant,  Hon.Nich Opara-Ndudu has assured Imo State citizens of a better future and urged them to be ready for real democracy dividend next year, when a better government committed to...