archiveJuly 2018

    Representing 15th consecutive growth The latest report from the Central Bank of Nigeria (CBN) has indicated that the Manufacturing Purchasing Managers' Index (PMI) stood at 57 index points in June from 56.6 index points in May. The expansion in June 2018 translates to 15th consecutive month growth in...

  The Lagos State Government has released initial findings into the fatal accident that happened on the Otedola Bridge, near the Lagos-Ibadan expressway on Thursday. The accident caused by a petrol tanker, led to the death of nine people, while over 50 cars were also burnt. While addressing journalists on...

Plateau State Initiative for Development and Advancement of the Natives (PIDAN) has said that over 2,000 people were killed and about 52 villages wiped out in the various attacks carried out in the state in 2018. Addressing newsmen in Jos, its president, Dr. Aboi J. K. Madaki, said twenty villages...

  Professor Moghalu, who is a presidential aspirant of the Young Progressive Party (YPP) and former Deputy Governor of the Central Bank of Nigeria (CBN), in a press statement on Sunday said his attention has been drawn to the misreporting in some media platforms of some of the views he...

FMDQ OTC Securities Exchange, the foremost debt capital, foreign exchange and derivatives over-the-counter securities exchange in Nigeria, and S&P Dow Jones Indices, the world’s leading provider of financial market indices, had in 2017 announced the signing of a cooperation agreement to create and launch co-branded fixed income indices, the successful...

The Central Bank of Nigeria (CBN) said in its latest Balance of Payments Report that direct investments into Nigeria in the first quarter of 2018 declined by 15.7 per cent to about $808.56 million,. The decline was in relation to direct inflows in the last quarter of 2017 which stood...

  Nigeria’s former Minister of Education, Dr. Obiageli Ezekwesili, on Saturday revealed that she returned to Nigeria from Harvard University to "fix the public procurement system" of the country. She said this at the launch of the Red Card Movement in Lagos, stressing that she did not come home to...

  The Socio-Economic Rights and Accountability Project (SERAP) has said that the Federal Government of Nigeri’s plan to share the $350 million (around N115 billion) loot recovered from former military ruler, late Gen. Sani Abacha among estimated 300,000 households, with each getting around $14 (around N5,000) a month is “mis-targeted...

  A political scientist and former Special Assistant to ex-President Shehu Shagari, Prof. Pat Utomi, has suggested that had Gen. Muhammadu Buhari and some military officers not overthrown the democratic government of Alhaji Shehu Shagari, Nigeria would have made significant progress as a nation, claiming that the former dictator ousted...