archiveNovember 2018

  Teleology has announced its ownership of the 9mobile following the issuance of a final approval of no objection by the Board of the Nigerian Communications Commission. The company also said it had satisfied all the regulatory requirements after submitting both technical and financial bids for 9mobile, a statement signed...

  BudgIT decries the cut in Nigeria’s health and education sector budgetary allocation to fund the 2019 elections. According to the body, recent information from the National Assembly suggests that the 2018 budget is undergoing virement that will re-allocate the meagre resources meant to improve the condition of health and...

    The Office of the Vice President, Professor Yemi Osinbajo has said that its attention has been drawn to a report of the House Committee on Emergency and Disaster Preparedness issued on Thursday, November 8, 2018, particularly in respect of funds released for “emergency intervention of food security to...

  The Nigerian equities market started the week negative, as the market All-Share Index (ASI) fell by 0.18 per cent to 32,143.41 points, owing to sell pressure in banking stocks. Accordingly, the Month-to-Date and Year-to-Date losses increased to 0.99 per cent and 15.95 per cent, respectively. The Banking (-1.06%) and...

  The Securities and Exchange Commission (SEC) is working with the Nigerian Educational Research & Development Council (NERDC) to develop a capital market education curriculum for senior secondary schools in the country. The acting Director-General of SEC, Mary Uduk, said this was part of initiatives by the commission to promote...

  Access Bank has said it was not in any discussion with Diamond Bank or any other institution with the aim of buying it. The bank was reacting to a national daily which reported that Access Bank was set to add “Diamond Bank’s portfolio to its assets in the next...

The Islamic Movement in Nigeria (IMN) has described as blatant lie the claim by the Minister of Information and Culture, Alhaji Lai Mohammed that N3.5 million is spent monthly to feed their leader, Sheikh Ibraheem El-Zakzaky, in detention. The group also known as Shiites said that the claim was a...

  The Consumer Protection Council (CPC) on Friday advised consumers to extensively parboil their beans before consumption and to make sufficient enquiries before engaging in purchases. According to the News Agency of Nigeria (NAN), CPC’s Director General, Babatunde Irukera, in a statement, gave the advice on the heels of information...

  Trading on the Nigerian Stock Exchange (NSE) turned bearish on Wednesday as the market All-Share Index (ASI) dropped by 0.14 per cent to 32,108.30 points, amidst sell pressure in stocks across sectors. As a result, the Month-to-Date and Year-to-Date losses increased to 1.10 per cent and 16.04 per cent...

The Bayelsa State Government on Wednesday called on all eligible voters in the state to go to their various polling units and check their names on the displayed voters register. The State Commissioner for Information and Orientation, Daniel Iworiso-Markson made the announcement in Yenagoa, following the commencement of the display...