archiveNovember 2018

Trading activities on the Nigerian Stock Exchange (NSE) on Tuesday posted marginal growth of 0.03 per cent even as the All-Share Index rose by 9.49 points or 0.03 per cent to close at 32,152.90 compared with 32,143.41 posted on Monday. Also, the market capitalisation which opened at N11.734 trillion, grew...

  The Nigeria Deposit Insurance Corporation (NDIC) said it saved about N949.6 billion depositors’ funds in failed Skye Bank. Managing Director of the Corporation, Alhaji Umaru Ibrahim, disclosed this in Benin City on Tuesday at the opening of a workshop for financial journalists organised by the NDIC. He said that...

  MSSN applauds the move The Lagos State Government on Tuesday ordered the Tutor-General and Permanent Secretaries and Principals to immediately permit use of Hijab, (Muslims headscarf) in public schools. According to Vanguard newspaper report,  the circular  which contained the directive titled: ‘Re: The Use of Hijab in Lagos State...

  Vice-President, Prof. Yemi Osinbajo, has said the N-Power programme of the Federal Government will be expanded to accommodate one million beneficiaries in the next phase. Osinbajo said this on Tuesday while responding to questions at a town-hall meeting in Abuja. The vice-president said that N-Power was borne out of...

  The Federal Government on Tuesday applied to the Federal High Court in Abuja to continue the trial of the former National Security Adviser, Sambo Dasuki in absentia. The News Agency of Nigeria (NAN) recalls that Dasuki is standing trial on alleged illegal possession of firearms. Mr. Oladipupo Okpeseyi (SAN),...

    Vice President, Prof. Yemi Osinbajo, has restated that he is an advocate of fiscal federalism, stronger state governments and state police. Osinbajo made this submission while delivering the 40th Anniversary Lecture of the Association of Friends on Monday in Lagos. He reiterated his stance that good governance was...

  The management and directors of the defunct Skye Bank Plc are under investigation by both the Central Bank of Nigeria (CBN) and the Nigeria Deposit Insurance Corporation (NDIC). The managing director of NDIC, Umaru Ibrahim, in Abuja on Monday said the two financial sector regulatory authorities were monitoring closely...

The Lagos State Employment Trust Fund (LSETF) has embarked on a comprehensive community engagement across the Lagos Divisions to share its impact and update on its various programmes, with residents and small business owners in the State. The grassroots engagement which is scheduled to take place within the IBILE (Ikorodu,...

  The Minister of Education, Mallam Adamu Adamu, has said that all teachers in the nation’s educational system without basic qualifications will be sacked by December 31, 2019. Adamu, who was represented by the Executive Secretary, Universal Basic Education Commission (UBEC), Prof. Hamid Boboyi, disclosed this on Monday in Benin...

  Highlights her economic policies, plans The presidential candidate of the Allied Congress Party of Nigeria (ACPN), Dr. (Mrs) Obiageli Ezekwesili, has expressed the confidence that if elected Nigerian president, her programme will lift 80 million Nigerians out of poverty. Ezekwesili, fondly called Madam Due Process made the promise while...