archiveDecember 19, 2018

    Reporting becomes effective January 1, 2019 Joins 39 SSEI members with ESG reporting Guidance In fulfilment of its desire to champion sustainable capital market practices in Africa, The Nigerian Stock Exchange has announced that its Sustainability Disclosure Guidelines has been approved by The Securities Exchange Commission (SEC). The...

  Access Bank Plc on Wednesday said it had finalised plans to issue 250 million dollars Tier 11 capital in January 2019. Herbert Wigwe, the bank’s the Chief Executive Officer, said this at a news conference by Access Bank Plc and Diamond Bank Plc on details of the proposed merger...

NIPCO Plc has said its recent investment in its Liquefied Petroleum Gas (LPG), popularly called cooking gas, storage facility will help deepen the use of the product across the country. Managing Director of the company, Sanjay Teotia, stated this at the 8th annual international conference and exhibition organised by Nigerian...

The Universal Basic Education Commission (UBEC) said it would soon commence the disbursement of N142.6 billion to states and the Federal Capital Territory (FCT). This is to ensure the provision of needed facilities in public primary and junior secondary schools in the country. The Executive Secretary, UBEC, Hamid Bobboyi, made...

  The Federal Government, States and Local Governments have shared N812.76 billion as revenue for the month of November. The Permanent Secretary, Ministry of Finance, Mr Mahmoud Isa-Dutse said this on Wednesday in Abuja, while briefing newsmen on the outcome of the Federal Account Allocation Committee (FAAC) meeting. Giving a...

  Two political institutes in the United States of America have expressed worries over the 2019 general elections. The institutes said Nigeria’s persistent insecurity and the perception about the lack of neutrality on the part of security forces could undermine voter participation and confidence in the outcome of next year’s...

  President Muhammadu Buhari on Wednesday presented a federal budget of N8.83 trillion for the 2019 fiscal year. The president presented 2019 Appropriation Bill to a joint session of the National Assembly in Abuja. According to Buhari, N4.04 trillion or 50.31 per cent is earmarked for recurrent expenditure while N2.03...