archive2018

  Trading activities on the Nigerian Stock Exchange (NSE) rebounded on Wednesday after dropping for eight-consecutive days with the market indicators improving by 1.11 per cent. The All-Share Index appreciated by 463.65 points or 1.11 per cent to close at 42,171.80, compared to 41,708.15 posted on Tuesday. Also, the market...

  The National Bureau of Statistics (NBS) 2017 Multiple Indicator Cluster Survey (MICS) says about 50.8 per cent of Nigerian children, ages between five and 17, are involved in child labour. NBS conducted the survey in conjunction with other partners, including the National Primary Health Care Development Agency (NPHCDA) and...

Security Watch Africa, organisers of the African Security Summit, has named Lagos State Governor, Akinwunmi Ambode, as the “Most Innovative African Leader in Governance in West and Central Africa.” The State Government also bagged a Golden Star Award in recognition of its Exemplary Service in Africa. The awards were presented...

  “As of September 2017, total support (excess crude account loan and Budget support facility) excluding Paris Club refunds, is in the order of N876. 3 billion if we add Paris club refunds we will have disbursed N1.91 trillion.” “Despite 60% less revenue, we have by stopping grand corruption, made...

  The Presidency has reacted to the statement credited to Nobel Laureate, Wole Soyinka, condemning the handling of insecurity challenge in the country by President Muhammadu Buhari led administration. Soyinka had on Tuesday said the Buhari’s government was encouraging the activities of killer herdsmen through his body language. The renowned...

*Says non-FAAC FG remittances to states hit N1.91T The prudent management of Nigeria’s national resources and the firm stand against corruption, amongst others, are what have set President Muhammadu Buhari’s leadership from others, according to Vice President Yemi Osinbajo, SAN. Speaking at the Kogi Economic and Investment Summit in Lokoja...

The Senate on Wednesday passed the conference committee report on amendment to the Independent National Electoral Commission (INEC) Act. The passage of the report was followed by dissenting voices calling for points of order within the chamber. The amendment to the electoral act, if approved by President Muhammadu Buhari, will...

Consumers of premium motor spirit (PMS) also called petrol, paid an average of N190.90 per litre of the product in January, the National Bureau of Statistics,(NBS) has said. According to NBS, when compared with the retail pump price of N145 per litre approved by the Petroleum Products Pricing Regulatory Agency...

TheLeader of the All Progressives Congress (APC) , Asiwaju Bola Ahmed Tinubu, has told former President Olusegun Obasanjo and former Military President Ibrahim Badamasi Babangida to join the retirees club and enjoy their pension. Tinubu said this on Tuesday after a meeting with President Muhammadu Buhari at the Presidential Villa...

  The inflation rate, measured by the Consumer Price Index has further dropped to 15.13 per cent in January from 15.37 per cent recorded in December, 2017, National Bureau of Statistics has said. The NBS disclosed this in its CPI report for January 2018 released on Wednesday in Abuja. The...