archive2018

    In a bid to ensure a smooth application process for its loans and as well provide adequate financing for Lagos businesses, the Lagos State Employment Trust Fund (LSETF) has launched an upgraded online portal embedded with loan tracking capabilities for improved application experience for applicants of its loan...

  The Nigerian Stock Exchange (NSE) has migrated Access Bank Plc, Lafarge Africa Plc, Seplat Petroleum Development Company Plc and United Bank for Africa Plc to its Premium Board on Monday, April 16, 2018 sequel to them applying and meeting the Exchange’s listing requirements for the board. The Premium Board...

  Wife of President Muhammadu Buhari of Nigeria, Mrs Aisha Buhari, has said her criticisms of the actions and inactions of the administration by her was “a result of my sense of justice”. She spoke at the 2017 Vanguard Awards where she was honoured as Vanguard Personality of the Year...

  A statistician, Dr. Olusanya Olubusoye, has advised politicians and government at all levels against reckless fiscal spending to prevent inflation ahead of the 2019 elections. Olubusoye, a lecturer at the Department of Statistics, University of Ibadan, gave the advice in an interview with the News Agency of Nigeria (NAN)...

Yoruba socio-cultural organisation, Afenifere, has demanded the resignation of the Attorney General of the Federation (AGF), Abubakar Malami, for asking the International Criminal Court (ICC) not to escalate its investigation against the Boko Haram sect. The group, in a reaction by its spokesperson, Yinka Odumakin, on Friday, stated that Malami...

  The US, UK and France have bombed multiple government targets in Syria in an early morning operation targeting alleged chemical weapons sites. The strikes were said to be in response to a suspected chemical attack on the Syrian town of Douma last week. According to BBC reports, explosions hit...

The Federal Government of Nigeria (FGN) on Friday reversed the suspension of the Director-General, National Women Development Centre (NWDC), Mrs. Mary Eta. The FG said the suspension carried out by the centre’s recently inaugurated Governing Board was illegal. This was contained in a statement by the Permanent Secretary (General Services...

  The Minister of Finance, Mrs Kemi Adeosun, on Friday announced the removal of Dr. Abdul Zubair as the acting Director-General of the Securities and Exchange Commission (SEC). Mrs Mary Uduk has been appointed as his replacement. The far reaching reassignment of portfolios in the Securities and Exchange Commission was...

  The Obafemi Awolowo University (OAU) has given reasons Professor Richard Akindele, accused of demanding sex from a student of the institution in exchange for mark, may not be punished. Akindele was said to have asked a female student for sex in order to help her pass exams. According to...

    Nigeria’s issuance of $2.5 billion Eurobond in the first quarter of this year is expected to raise the country’s debt service cost and refinancing risks, Fitch Ratings, said on Wednesday. According to its report titled: Sub Saharan Africa Sovereign Debt Steadies but Refinancing Risk May Rise,  Fitch said...