archive2018

  The Presidency on Wednesday said that recent attempts to smear the person of Vice President Yemi Osinbajo will not distract him from empowering and protecting Nigerians in line with the President Muhammadu Buhari’s administration. This was contained in a statement issued by the Presidential Aide on Political Matters, Senator...

  Mustapha Maihaja, Director-General, National Emergency Management Agency (NEMA), has denied misappropriating N33 billion as alleged by the House of Representatives Committee on Emergency and Disaster Preparedness. Mr Maihaja denied the allegation while briefing journalists on Wednesday in Abuja, where he shed more light on activities and interventions of the...

  The West African Examination Council (WAEC) Wednesday released its WASSCE results for private candidates in the 2018 November/December Examination, recording 60 per cent failure. Head, Nigeria National Office of WAEC, Mr Olu Adenipekun, Wednesday in Calabar announced that 39, 557 candidates obtained credits and above in a minimum of...

  Professor  Wole Soyinka, the leader of the Ohaneze Ndigbo, Chief John Nwodo, and the Yoruba socio-cultural group, Afenifere, have called for the immediate restructuring the nation. They said this at a programme titled ‘Handshake Across Nigeria’ in Abuja, The Nation newspaper reports. Soyinka, in his keynote address, explained that...

  Nigerian President Muhammadu Buhari’s chances of winning re-election in February are facing a potentially insurmountable hurdle: widening divisions in his own party. Dissatisfied party heavyweights range from his wife, Aisha Buhari, who called on members to “rise against impunity” after her brother lost a gubernatorial nomination, to three influential...

The United Nations Children’s Fund (UNICEF) says over 10 million children in Nigeria are out of school. The fund also said about 60 million children are globally out of the school burden. Mr Mohamed Fall, UNICEF Country Representative in Nigeria, disclosed this in an interview with the News Agency of...

Former president of the Nigerian Bar Association (NBA), Dr Olisa Agbakoba, on Tuesday called for the introduction of a vibrant fiscal, trade and monetary policies to boost the country’s economy. He made the appeal while fielding questions from newsmen in Lagos, on “Practical Solutions to some of Nigeria’s Economic Challenges”....

  The Nigerian Electricity Regulatory Commission (NERC) on Monday disclosed that in every 10 users of grid generated electricity supplied by the 11 electricity distribution companies (Discos) in Nigeria, six of them have remained unmetered, thus stating that the practice of estimated billings by the Discos is still prevalent. NERC...

The Nigerian equities market started the week positive, as the ASI rose 0.51 per cent to 32,222.24 points, owing to interest in Consumer Goods stocks. Accordingly, the Month-to-Date and Year-to-Date losses moderated to 0.75 per cent and 15.74 per cent, respectively. The Consumer Goods (-1.37%) index was the top gainer,...

  The Debt Management Office (DMO) and major oil marketers are to meet this week to resolve issues surrounding subsidy arrears. The meeting, which is at the instance of the DMO is designed to provide an opportunity for the debt management agency to explain the process for the issuance of...