archiveJune 20, 2018

SPEECH BY HIS EXCELLENCY, MUHAMMADU BUHARI, PRESIDENT OF THE FEDERAL REPUBLIC OF NIGERIA, AT THE SIGNING INTO LAW, THE 2018 APPROPRIATION BILL, PRESIDENTIAL VILLA, ABUJA WEDNESDAY, JUNE 20TH, 2018 PROTOCOLS I would like to thank the leadership of the National Assembly, particularly the Senate President and the Speaker of the...

The Central Bank of Nigeria (CBN) has boosted the foreign exchange market with $210 million to meet customers’ requests in various segments Acting Director, Corporate Communications of the apex bank, Mr. Isaac Okorafor said this in a statement on Wednesday. According to him, the bank, in its desire to meet...

  The Christian Association of Nigeria (CAN) on Wednesday debunked claims that it had endorsed President Muhammadu Buhari for the 2019 presidential election. It dissociated itself from the endorsement of Buhari by a political group, Change Advocates of Nigeria, using similar CAN acronym with the Christian body. Speaking on the...

Proceedings on the Nigerian Stock Exchange (NSE) on Wednesday remained bearish as the benchmark index dipped, by 0.15 per cent to 38,605.07 points, for the fourth consecutive session, amidst continued profit taking. The Month-to-Date and Year-to-Date returns moderated to 1.31 per cent and 0.95 per cent respectively. The Oil &...

  The Obafemi Awolowo University (OAU), Ile Ife, has dismissed a lecturer of the institution, Professor Richard Akindele, who demanded sex from a female student to help her improve her grades. The dismissal was disclosed during a press conference by the Vice Chancellor, Professor Eyitope Ogunbodede, on Wednesday. Ogunbodede said...

***say it’s dividend of public service reforms The Bayelsa State Unemployed Graduates Forum has commended Governor Seriake Dickson for directing the employment of 1,000 Bayelsans into the state civil service. The governor made the prouncement recently at a live media chat in Yenagoa and on Tuesday the process for the...

  The Nigerian Stock Exchange (NSE) has sanctioned 20 companies N81.2 million for late submission of 2017 results. Of the 20 companies, Academy Press Plc has the highest amount fined by NSE, followed by Great Nigeria Insurance Plc and Diamond Bank Plc. The Exchange fined Academy Press N35 million for...

*Earlier in Abuja, VP receives German business delegation *Nigeria an investor’s delight, says delegation Thousands of cheering supporters welcomed Vice President Yemi Osinbajo, SAN, on Tuesday to Ekiti State where he attended, as the special guest of honour, the flag-off of the governorship campaign of the All Progressives Congress (APC)...

  The Nigeria Customs Service (NCS), Seme Command in Badagry, says it has destroyed expired and seized medicaments in its warehouse with a Duty Paid Value (DVP) of N102.4 million. The command’s spokesperson, Mr Saidu Abdullahi, made the disclosure in a statement released in Lagos on Wednesday. He said the...

  The Nigerian Electricity Regulatory Commission (NERC) on Wednesday suspended the entire management board of the Ibadan Electricity Distribution Company (IBEDC) for failing to recover about N6 billion loan the Disco allegedly transferred to its core investor, the Integrated Energy Distribution and Marketing Group (IEDMG) Ltd, from a loan the...