archive2018

    The Central Bank of Nigeria (CBN) has released its Purchasing Managers Index (PMI) survey for the month December which indicated continuous rapid expansion of economic activities during the month. The report released by the nation’s apex bank on Wednesday showed that the Manufacturing PMI and Non-Manufacturing PMI rose...

Nse Asi Monthly chart The chart above highlights the monthly changes in the NSE ASI for 2017, with up months represented by green and down periods, red. January and February were down while March to July were up markets, while there were corrections in August and September before the rebound...

The Federal Government of Nigeria has agreed a $550-million deal to buy two Chinese communications satellites and hopes to sign the contract before the end of the month, the Communication Minister, Adebayo Shittu, said on Wednesday. He said China Exim Bank and the manufacturer, China Great Wall, have agreed to...

Trading activities on the Nigerian Stock Exchange (NSE) closed negative on Wednesday with the All-Share Index dropping by 0.21 per cent. The index closed lower at 38,187.28 compared to 38,264.75 achieved on Tuesday, indicating a loss of 77.47 points or 0.21 per cent even as the market capitalisation which opened...

The Nigeria Sovereign Investment Authority (NSIA) has announced the issuance of N10 billion to a private group to enable it expand its captive electricity generation capacity. The issue which was announced on Wednesday is the first infrastructure bond facilitated by the agency in the nation’s debt capital markets. The inaugural...

  India’s Power Minister, R. K. Singh has sai by March 2019, all homes in India will be provided with uninterrupted 24-hour power supply throughout the year. Singh said by December 2018, 1,694 villages, which are yet to be electrified, will have electricity connection and works in this regard has...

  The Securities and Exchange Commission (SEC) has announced that the e-dividend registration exercise would continue seamlessly in spite of the December 31st 2017 free registration deadline. Acting Director General of SEC, Dr. Abdul Zubair, said that all Investors that were yet to enrol, are enjoined to continue with the...

The President, Christian Association of Nigeria (CAN), Rev. Samson Ayokunle, has urged Nigerians to return to God in repentance with a view to heal the land and restore all losses in the past years. Ayokunle made the appeal in a statement signed by the CAN Head of Media, Pastor Bayo...

The Serving Overseer of the Latter Rain Assembly, Pastor Tunde Bakare, has said God has told him not to end his political career as he had earlier contemplated. Specifically, Bakare, who contested as the vice-presidential candidate on the platform of the defunct Congress for Progressive Change in the 2011 presidential...

The Registrar of the Joint Admissions and Matriculation Board (JAMB), Prof. Ishaq Oloyede, has said about two million candidates would be register for this year’s Unified Tertiary Matriculation Examinations (UTME). Oloyede who said this during the holiday to newsmen in Ilorin, the Kwara State capital, also revealed that JAMB remitted...