archive2018

  The Nigerian Stock Exchange (NSE)  All-Share Index depreciated by 0.63 per cent while Market Capitalization depreciated by 0.58 per cent to close the week at 30,672.79 and N11.204 trillion respectively. Similarly, all other indices finished lower with the exception of the NSE ASeM, NSE Banking, NSE Insurance and NSE...

  Deputy Governorship candidate of the All Progressives Congress (APC) in Lagos State, Dr. Obafemi Hamzat has said that the Babajide Sanwo-Olu administration, if elected, will sustain and expand the Lagos State Employment Trust Fund's initiative put in place by the current administration. Hamzat also reiterate that the Security Trust...

    Vice President Yemi Osinbajo, SAN, would be participating in the Africa-Europe High Level Forum with other African and European Heads of States or Government holding in Vienna, Austria on Monday, December 17, and Tuesday, December 18. At the High-Level Forum, hosted by the Austrian government on behalf of...

  Access Bank Plc has finally acquired Diamond Bank Plc. According to insiders, the official announcement of the transaction will be made in the course of the week by the Central Bank of Nigeria, CBN, according to TheCable. Another source said confirmed that the deal has been sealed, awaiting final...

Minister of Budget, Senator Udoma Udo Udoma said on Wednesday that Nigeria’s economy is expected to grow by two per cent this year and by three per cent next year. The World Bank expects growth at slightly less than two per cent this year, even as the Central Bank of...

  An overwhelming majority of U.S. chief financial officers say the economy will sink into a recession by the end of President Donald Trump's first term in 2020, and about half say it will happen next year. Almost half of corporate CFOs, 49 percent, say the U.S. economy's decade-long growth...

The Executive Chairman, Federal Inland Revenue Service (FIRS), Mr Tunde Fowler, has said the service has generated N5 trillion by the second week of December 2018, adding that the agency is at the verge of making N5.3 trillion at the end of the year which will be the highest revenue...

  The Peoples Democratic Party (PDP) presidential candidate, Atiku Abubakar, has pledged to give women a strong representation in his government, if elected in 2019. Abubakar made the pledge during an interactive session with Nigerian women on Wednesday in Abuja. He said that he decided to have his first interaction...

Lagos State Commissioner of Police, Mr Imohimi Edgal has warned Lagosians against having sex in a car in a public space, whether the act is consensual or not. This position is in contrast to the stance of police spokesman Abayomi Shogunle who said on Tuesday that having sex in a...

The Economic and Financial Crimes Commission (EFCC) has taken into custody the surety of the Managing Director of Fidelity Bank Plc, Nnamdi Okonkwo, after the suspect jumped the administrative bail granted him by the commission. According to the Premium Times report monitored by Business247News, Chris Ezem, who stood as surety...