archiveNovember 21, 2018

  The Debt Management Office (DMO) on Wednesday sold N39.52 billion Federal Government bond at the November edition of the monthly auction. Three Bonds in tenors of 5 years, 7 years and 10 years were offered at the Auction. Allotments were made to the successful bidders at 15.20 per cent...

  By Durob DUROB -In accordance with the National Disaster management framework, the function of the NEMA Governing Council which is chaired by the Vice President is as follows: As chairman of the NEMA Council, the Vice President shall ensure that (b)      Subject to the provisions of the NEMA Act,...

It is in this vein that FMDQ OTC Securities Exchange in seeking innovative and plausible ways to resolve some of the identified challenges, partnered the International Finance Corporation (“IFC”) and Family Homes Funds (“FHF”) as part of its Debt Capital Markets (DCM) deepening effort, to hold its Series II Housing...

The National Bureau of Statistics (NBS) on Wednesday released the Consumer Price Index Report which measures inflation with inflation rate dropping from 11.28 per cent in September to 11.26 per cent in the review month of October. The bureau in its report which said that year-on-year, the 11.26 per cent...

The market capitalisation of the Nigerian Stock Exchange (NSE) which opened on Wednesday at N11.763 trillion after the public holiday lost N92 billion or 0.78 per cent to close at N11.671 trillion. The All-Share Index also lost 252.45 points or 0.78 per cent to close at 31,969.79 compared with 32,222.24...

  The National Lottery Regulatory Commission last week temporarily shut down our operations in Abuja and our Corporate Head office in Iganmu, Lagos from the demand for payment of certain disputed fees which the Commission is claiming from our company for our various consumer sales promotions. No Court Order was...

  UBA Foundation, the corporate social responsibility arm of the United Bank for Africa (UBA) Plc, has announced the twelve finalists for the 2018 edition of its annual National Essay Competition. The 12 finalists will sit for the second round of the competition, where three winners will emerge after undergoing...

  The Presidency on Wednesday said that recent attempts to smear the person of Vice President Yemi Osinbajo will not distract him from empowering and protecting Nigerians in line with the President Muhammadu Buhari’s administration. This was contained in a statement issued by the Presidential Aide on Political Matters, Senator...

  Mustapha Maihaja, Director-General, National Emergency Management Agency (NEMA), has denied misappropriating N33 billion as alleged by the House of Representatives Committee on Emergency and Disaster Preparedness. Mr Maihaja denied the allegation while briefing journalists on Wednesday in Abuja, where he shed more light on activities and interventions of the...

  The West African Examination Council (WAEC) Wednesday released its WASSCE results for private candidates in the 2018 November/December Examination, recording 60 per cent failure. Head, Nigeria National Office of WAEC, Mr Olu Adenipekun, Wednesday in Calabar announced that 39, 557 candidates obtained credits and above in a minimum of...