archive2018

  The Nigerian equities market started the week negative, as the market All-Share Index (ASI) fell by 0.18 per cent to 32,143.41 points, owing to sell pressure in banking stocks. Accordingly, the Month-to-Date and Year-to-Date losses increased to 0.99 per cent and 15.95 per cent, respectively. The Banking (-1.06%) and...

  The Securities and Exchange Commission (SEC) is working with the Nigerian Educational Research & Development Council (NERDC) to develop a capital market education curriculum for senior secondary schools in the country. The acting Director-General of SEC, Mary Uduk, said this was part of initiatives by the commission to promote...

  Access Bank has said it was not in any discussion with Diamond Bank or any other institution with the aim of buying it. The bank was reacting to a national daily which reported that Access Bank was set to add “Diamond Bank’s portfolio to its assets in the next...

The Islamic Movement in Nigeria (IMN) has described as blatant lie the claim by the Minister of Information and Culture, Alhaji Lai Mohammed that N3.5 million is spent monthly to feed their leader, Sheikh Ibraheem El-Zakzaky, in detention. The group also known as Shiites said that the claim was a...

  The Consumer Protection Council (CPC) on Friday advised consumers to extensively parboil their beans before consumption and to make sufficient enquiries before engaging in purchases. According to the News Agency of Nigeria (NAN), CPC’s Director General, Babatunde Irukera, in a statement, gave the advice on the heels of information...

  Trading on the Nigerian Stock Exchange (NSE) turned bearish on Wednesday as the market All-Share Index (ASI) dropped by 0.14 per cent to 32,108.30 points, amidst sell pressure in stocks across sectors. As a result, the Month-to-Date and Year-to-Date losses increased to 1.10 per cent and 16.04 per cent...

The Bayelsa State Government on Wednesday called on all eligible voters in the state to go to their various polling units and check their names on the displayed voters register. The State Commissioner for Information and Orientation, Daniel Iworiso-Markson made the announcement in Yenagoa, following the commencement of the display...

Presidential candidate of the Young Progressives Party (YPP), Dr. Kingsley Moghalu, said President Muhammadu Buhari’s administration is not transparent, and deceitful. “The illegal payment of fuel subsidy shows the President Buhari administration is not transparent. His government is also deceitful and acting contrary to its claims of fighting corruption,” Moghalu’s...

The presidential candidate of the Peoples Democratic Party (PDP), Atiku Abubakar has explained why President Muhammadu Buhari cannot be trusted to implement the ‘new’ minimum wage of N30, 000 which the tripartite committee recently   forward to the Federal Government. According to a statement issued by Atiku Media Office, the PDP...

The United States Institute of Peace (USIP) has said it never predicted the outcome of Nigeria’s 2019 general election. It denied ever saying that President Mohammadu will be re-elected  in 2019. It said that the report which was misinterpreted is a report of a thorough study based on the interviews...