archiveJune 4, 2018

  *Ownership policies will focus on the poor   To maximise its potential, land requires the consistent operation or implementation of considered policies and laws. And when at any point in the life of a nation or a people, the administration of land no longer meets their aspirations, it becomes...

  FMDQ positions to bolster liquidity and financial system stability in Nigeria through the establishment of first-class central clearing and settlement structure. The Nigerian fixed income and derivatives markets have hitherto experienced slow growth due to sustained counterparty, credit and settlement risks. Being Africa's largest economy, the development of the...

  Global auditing firm, KPMG said on Monday that it would sack 400 people in South Africa, in its latest shake-up following a corruption scandal that saw it lose several major clients. The Chief Executive of KPMG South Africa, Nhlamulo Dlomu, said in Johannesburg that KPMG plans to have just...

    The suspended Director-General of Nigerian Securities and Exchange Commission (SEC), Mounir Gwarzo, on Monday filed a suit before the National Industrial Court, Abuja, challenging his suspension by the Minister of Finance, Mrs Kemi Adeosun. It would be recalled that Gwarzo was suspended from office in Nov. 2017 over...

Jordanian Prime Minister Hani Mulki on Monday stepped down following a series of protests in the country’s capital, and other cities in the country. The Prime Minister’s resignation is coming after he was summoned by King Abdullah II over growing protests against his government’s austerity measures. “Prime Minister Hani Mulki...

The bulls resurfaced at the nation’s bourse on Monday after 11 straight days of bearish trend, with some blue chips recording price appreciation. Nigerian Breweries led the bulls appreciating by N3 to close at N106 per share. Further analysis of the gainers’ table indicates that Guaranty Trust Bank followed with...

  …Offers $100m to wholesale segment; …Invisibles, SMEs windows get $55 m each The Central Bank of Nigeria (CBN) has approved an upward review of the trading margin available to operators of Bureau De Change (BDC) in the country.  Consequently, BDC operators are now to buy the United States dollar...

The Office of the Vice President, Prof. Yemi Osinbajo has said that its attention has been drawn to a misleading headline stating that, “Signing the AfCTA will hurt Nigeria’s private sector, Osinbajo says”. It emphasised that the headline was misleading. According to the Senior Special Assistant to the President on...

  ***DG, Akpe explains rationale behind competition ***Peretorugbene lifts gov’s trophy   Bayelsa State Governor, Henry Seriake Dickson, has challenged multinational oil companies operating in the region to champion grassroots sports development as part of their corporate social responsibilities. He gave the task on Sunday while speaking at the grand...

  Ahead of the Osun State Peoples Democratic Party's primary slated for July 14, this year, one of the leading governorship aspirants on the platform of the party, Alhaji Fatai Akinbade, has warned delegates of the dire consequences of swearing on oath before any aspirant. Besides, Akinbade admonished that if...