archive2018

  Price of Kerosene increased by 12.40 % year-on-year Nigeria’s Consumer Price Index (CPI), otherwise referred to as inflation rate for goods and services, rose for the second time in two months after 18 months of consecutive deceleration. The National Bureau of Statistic (NBS), in its latest CPI report made...

  The UN Conference on Trade and Development (UNCTAD) says Egypt remains the top destination of foreign direct investment (FDI) in Africa. UNCTAD, in its “Investment Trends Monitor H1 2018’’, reports that FDI has dropped 41 percent in the first half of the year to $470 billion. This was from...

Former Minister of Solid Minerals, Dr. Kayode Fayemi, has been sworn in as the Ekiti State Governor by Justice Ayodeji Simeon Daramola, the Chief Judge of the state at around 12.20pm on Tuesday. Fayemi, who was a former governor of the state between 2010 and 2014, regained the seat on...

  The Special Presidential Investigation Panel for Recovery of Public Property (SPIP) says it has recovered over N4 billion and 7 million dollars in cash as well as physical assets in its various operations. SPIP Chairman, Mr. Okoi Obono-Obla, disclosed this in a statement made available to the News Agency...

  The presidential candidate of Nigeria’s main opposition People’s Democratic Party (PDP), Alhaji Atiku Abubakar has announced Peter Obi as his running mate for the 2019 general election. The former Anambra governor had earlier today arrived at Abubakar’s residence in Asokoro neighbourhood around 3:00 p.m. A source in Abubakar campaign...

  “A guild is a society of gatekeepers; to you belongs the enormous task of defining the ethos, mores and ethics of your profession; upon you is the burden of setting the acceptable rules, conventions and practices of the profession. “This burden is made greater by a society where corruption...

    The people of Okitipupa, an oil rich Local Government Area in Ondo State, have lauded the wife of Ondo State Governor, Her Excellency, Chief Mrs Betty Anyanwu-Akeredolu, for her transformational leadership through the Forum for Wives of Ondo State Officials (FOWOSO) women empowerment program across the state. The...

The All Progressives Congress (APC) on Thursday advised Nigerians on the right candidate to cast their votes for in 2019. The APC in a statement by its National Publicity Secretary, Yekini Nabena, in Abuja said Nigerians must go for the candidate that could pass the integrity and anti-corruption test. It...

The National Insurance Commission (NAICOM) has dissociated itself from a Ponzi scheme, which was recently ascribed to it and is currently trending on the social media. The NAICOM spokesman, Mr Abdulrasaq Abdulsalami, said in a statement on Thursday in Lagos that the scheme, which was tagged “National Insurance Commission Newly...

  Proceedings in the Nigerian equities market turned positive on Thursday as the market All-Share Index (ASI) inched up 0.11 per cent to 32,417.82 points, following interest across major consumer goods counters. As a result, the Month-to-Date and Year-to-Date losses moderated to -1.06% and -15.23%, respectively. The Consumer Goods (+0.39%)...