archiveMay 2018

Nigeria’s main stock index fell to its lowest level in more than four months on Friday after shares in banking and consumer goods companies declined. The index which fell for the seventh straight session, recovered some ground but closed down 1 percent. Stocks had fallen 1.28 percent in late trades,...

  President Muhammadu Buhari on Friday alerted Vice President Yemi Osinbajo that his position as Vice President (VP) was being “threatened’’ by Nigerian women in politics. The president stated this while reacting to a request by Nigerian women who asked for the slot of Vice President of Nigeria in subsequent...

About 37,000 Nigerians applicants on Friday sat for an aptitude test in the ongoing police recruitment exercise. The test was conducted the Joint Admissions and Matriculation Board (JAMB). About six thousand are expected to be recruited into the Nigerian Police and JAMB which conducted the examination at 156 computer-based centres...

South African Police on Friday said that the authorities were investigating an alleged cryptocurrency scam that defrauded investors of 1 billion rand ($80 million) in the country. The fraud, involving a company named BTC Global, was said to have been orchestrated with promises of huge returns that never materialised. BTC...

    The Government of Nigeria has signed a Memorandum of Understanding (MoU) with the African Risk Capacity (ARC) to work together to address the impact of extreme weather events in Nigeria, including training support to Government personnel. The signing ceremony, which happened on the margins of the Annual Meetings...

    *Says Buhari administration will continue to implement policies to create more jobs, grow the economy   “Creating an enabling environment for business is another must-do. We have pursued this goal aggressively since 2016, and I’m pleased to note that we’re already started seeing the results. We have reduced...

The Managing Director/Chief Executive Officer of Asset Management Corporation of Nigeria (AMCON), Mr. Ahmed Kuru, has called on Nigerians to join forces with the present leadership in the country especially now that the government is paying improved attention to human capital development, science & technology as a way of moving...

  The All-Share Index of the Nigerian Stock Exchange (NSE) plunged below the 40,000-mark, as it dropped, for the sixth consecutive session, by 1.06 per cent, the highest loss in the month so far – to 39,723.85 points, amidst dampened investor sentiments across major sectors. As a result the Year-to-date...

  Electricity consumers under the Ikeja Electric in Lagos have decried outrageous bills and illegal disconnection of their power supply by the power distribution company. They told the News Agency of Nigeria in separate interviews in Lagos that the bills brought by IE for the month of May tripled what...

    The Nigeria Police Force (NPF) has said that the Joint Admission and Matriculation Board (JAMB) will  conduct a Computer Based Test (CBT) for all successful candidates in the last physical/credentials screening in the on-going recruitment exercise that was held May 07-12, 2018. The Force Public Relations Officer (FPRO),...