archive2018

Oil prices fell for a third day on Wednesday after data from an industry body showed U.S. crude stocks rose more than expected last week, while a selloff in other commodities, stocks and bonds added to investors’ bearish mood. Brent crude, the global benchmark, was down 22 cents, or about...

In furtherance of its reform agenda to boost the business environment in the country, the Federal Government will be commencing a 60-day National Action Plan (NAP 3.0) starting from 5th February to 5th April 2018, to drive the ease of doing business initiative of the Buhari Presidency. The Presidential Enabling...

President of the Senate, Bukola Saraki, on Tuesday, said that full adherence to the principle of Separation of Powers was crucial to the survival of the democracy, good governance and enhanced national security. Saraki also commented on the refusal of the Senate to confirm nominees sent by President Muhammadu Buhari....

  Nigerian bourse continued the bullish rally that began on Monday on Tuesday as investors on the Exchange gained N67 billion on Tuesday as the market capitalisation rose from N15.882 trillion on Monday to  N15.949 trillion on Tuesday while the All-Share Index rose from 44,306.48 basis points  to 44,493.79. The...

  My suspension illegal —Gwarzo insists Minister of Finance, Mrs. Kemi Adeosun said on Tuesday that the suspension of the Director-General of the Securities and Exchange Commission, Mr. Mounir Gwarzo was in order while Gwazo insisted it was not. While the Minister claimed that the suspension of Mr Gwarzo was...

The Senate on Tuesday asked the Central Bank of Nigeria, Nigeria Deposit Insurance Corporation and the Nigerian Stock Exchange to begin campaign against investment in Bitcoin by Nigerians. The decision followed a motion sponsored by Senator Benjamin Uwajumogu, who requested for immediate action against continuous investment in Bitcoin. In his...

  ...Politicians should desist from violence, says Commissioner Bayelsa Govt reiterates commitment to zero tolerance to crime, criminality, ..as state security outfit discloses arrest of 8,500 suspects in six years Over 8,500 suspects have been arrested in the last six years for various criminal offence by Bayelsa State Security outfit...

An Administrative Panel of Inquiry set up by the Ministry of Finance has recommended the dismissal of the suspended Director-General of the Securities and Exchange Commission, Mounir Gwarzo, from the Public Service. The Panel also recommended that the suspended SEC director-general be referred to the Independent Corrupt Practices and other...

*Bachama, Batta leaders commend Buhari administration’s efforts in resolving crisis Although the herdsmen-farmers’ clashes predate this administration, indications are the Buhari presidency has promised to an end to the clashes and the violence associated with it. This was stated by the Vice President, Prof. Yemi Osinbajo, SAN, today while receiving...

  ...say Fulani herdsmen want to strike again A group of statesmen in Taraba State under the aegis of Concerned Elders Forum (CEF), on Tuesday said they have uncovered fresh plans by Fulani herdsmen to strike in some communities in Takum Local Government Area of the state. The organisation said...