archiveNovember 2018

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...

  Professor  Wole Soyinka, the leader of the Ohaneze Ndigbo, Chief John Nwodo, and the Yoruba socio-cultural group, Afenifere, have called for the immediate restructuring the nation. They said this at a programme titled ‘Handshake Across Nigeria’ in Abuja, The Nation newspaper reports. Soyinka, in his keynote address, explained that...

  Nigerian President Muhammadu Buhari’s chances of winning re-election in February are facing a potentially insurmountable hurdle: widening divisions in his own party. Dissatisfied party heavyweights range from his wife, Aisha Buhari, who called on members to “rise against impunity” after her brother lost a gubernatorial nomination, to three influential...

The United Nations Children’s Fund (UNICEF) says over 10 million children in Nigeria are out of school. The fund also said about 60 million children are globally out of the school burden. Mr Mohamed Fall, UNICEF Country Representative in Nigeria, disclosed this in an interview with the News Agency of...

Former president of the Nigerian Bar Association (NBA), Dr Olisa Agbakoba, on Tuesday called for the introduction of a vibrant fiscal, trade and monetary policies to boost the country’s economy. He made the appeal while fielding questions from newsmen in Lagos, on “Practical Solutions to some of Nigeria’s Economic Challenges”....