archive2018

  Bearish sentiments resurfaced strongly on the Nigerian bourse on Wednesday with the All-Share Index dropping 1.49 per cent  to 34,414.37 points, as foreign players intensified sell pressure in value stocks, amidst lingering selloffs across emerging markets. As a result, the Month-to-Date and Year-to-Date returns moderated to -1.25 per cent...

  Internet users in Nigeria increased marginally to 103.6 million in July, the Nigerian Communications Commission (NCC)  has said. The NCC disclosed this on Wednesday in its Monthly Internet Subscribers Data for July posted on its website. According to the data, Airtel, MTN and Globacom gained more internet subscribers during...

  Huma right lawyer, Femi Falana, has advised the government to improve welfare of the citizenry to effectively fight corruption the country. Speaking while delivering the 19th Mike Okonkwo annual lecture titled ‘Nigeria’s Unity: Matters Arising’, at the MUSON Centre, Onikan on Wednesday, he said: “If the government genuinely wants...

  The Central Bank of Nigeria (CBN) has made available $210 million, to meet customers’ requests in various segments of the foreign exchange market. The CBN  offered $100 million to authorised dealers in the wholesale segment of the market, while the Small and Medium Enterprises (SMEs) segment got boosted with...

  The Senate President, Dr. Abubakar Bukola Saraki, has said that the ruling All Progressives Congress (APC)  as a party is scared of his possible emergence as presidential candidate of the Peoples Democratic Party (PDP) come 2019 election. Saraki equally challenged the party to a national debate to argue issues...

  The Federal Government of Nigeria has asked MTN Nigeria to pay taxes of $2bn (N700bn), six days after the Central Bank of Nigeria (CBN) ordered it to repatriate $8.13 billion ‘illegally taken out of the country’. The telecom company said in a brief statement that the Attorney General’s office...

  A former Vice-President,  Alhaji Atiku Abubakar, has expressed the fear that the 2019 presidential election may not be free with President Muhammadu Buhari, a retired military man, now leading the country. According to Atiku who is running for presidency under the platform of the Peoples Democratic party (PDP), unlike...

  Kindly permit me a response to a piece in your publication, titled "Osinbajo got it wrong on Restructuring," written, we are told, by my illustrious predecessor in office, Alhaji Atiku Abubakar. First, let me say that I really would have expected Alhaji Abubakar to at least get the full...

  Osun State governorship candidate of the African Democratic Congress(ADC), Alhaji Fatai Akinbade has promised not to abandon any of the ongoing projects embarked upon by the administration of Ogbeni Rauf Aregbesola. In addition, Akinbade assured that an ADC led administration in the state would work round the clock to...

  ... application closes September 30, 2018 In line with its mandate to provide access to financial and institutional support to Micro, Small and Medium Enterprises (MSMEs), the Lagos State Employment Trust Fund (LSETF), has announced the opening of its loan application process for small businesses and startups operating in...