archiveJune 28, 2018

  The bears continued to dominate the equities market, as the Nigerian Stock Exchange All-share Index (ASI) closed lower, for the third consecutive session, by 0.61 per cent to 37,733.44 points, amidst sell pressures in bellwether stocks. As a result, the Month-to-Date and Year-to-Date losses increased to 0.97 per cent...

  The Asset Management Corporation of Nigeria (AMCON), says that only 350 Nigerians are responsible for more than 80 per cent of the N5.4 trillion debt portfolio of the company. The Managing Director/Chief Executive Officer of AMCON, Ahmed Kuru disclosed this in an interview with the News Agency of Nigeria...

  In a rapidly changing business environment, businesses are under pressure to not only comply with constantly changing regulations but also to modernize their processes and systems. The purpose is to help reduce compliance costs, improve efficiency and effectiveness, stay competitive and drive innovation whilst looking for better ways to...

  I gave an account that I give every month on the balances in our Excess Crude Proceeds Account and the Stabilization Account. Items to note in the Excess Crude Account is that in May 2018, we had an additional credit of $80.6 million that accrued into the excess crude...

  President Muhammadu Buhari has directed that urgent step be taken by all Ministries, Departments and Agencies (MDAs) to activate the nation’s economy following the signing of the 2018 budget into law. The Senior Special Assistant to the President on National Assembly Matters (Senate), Sen Ita Enang, made the disclosure...

  Scores of people  feared dead, while several others were wounded at Otedola –Berger Area of Lagos, as a tanker, said to be fully loaded with petroleum  was said to have burst into flame, in the area, destroying cars and injuring some occupants of the vehicles. The cause of the...

  The Nigeria Customs Service (NCS), Federal Operations Unit (FOU) Zone ‘C’, Owerri says it seized Tramadol and other goods with Duty Paid Value (DPV) of N379.29 million between March and June, 2018. The Comptroller Ahmed Azarewa, made this known on Thursday when he briefed newsmen on activities of the...

  Bishop David Oyedepo of the Living Faith Church,  a.k.a., Winners Chapel, has once again poured out his heart over the ongoing killings in some parts of the country. The fiery preacher lamented how people now value cows more that human lives. Speaking during during one of the church’s programs...

  Commander of the IGP Intelligence Response Team, Abba Kyari, a Deputy Commissioner of Police, has debunked the report that his team arrested some suspects in connection with the recent killings in Plateau State. Kyari said the pictures being circulated online were those arrested by his team few months back...

  The Swiss Ambassador to Nigeria, Eric Mayoraz, has said that with the repatriation to Nigeria of over $1 billion stashed by late Head of State, General Sani Abacha, in Switzerland, there was no more Abacha loot left in the country. The Swiss ambassador made the declaration at a ceremony...