archiveJanuary 24, 2019

  Trading activities on The Nigerian Stock Exchange (NSE) was positive – for the third consecutive session – as the market All-Share Index (ASI) notched higher by 0.36 per cent to 30,989.60 points, driven by buying sentiments across major counters. Set against the foregoing, the Month-to-Date loss declined marginally to...

The Nigerian Stock Exchange (NSE), joined the rest of the world on Thursday, January 24, 2019, to commemorate the first-ever International Day of Education with a special excursion programme and a Closing Gong ceremony on the floor of the Exchange in Lagos. This is in line with the commitment of...

  Access shareholders to vote on deal in March Diamond Bank had been hit by loan losses Access says no need to sell shares for deal Nigeria’s Access Bank aims to complete its 72 billion naira ($235 million) takeover of Diamond Bank by April 1, once it secures shareholder approval....

The Executive Chairman, Federal Inland Revenue Service (FIRS), Mr Babatunde Fowler on Thursday assured Nigerians that his agency would surpass the N5.3 trillion revenue generated in 2018. In a chat with finance journalists on Thursday in Abuja, Fowler said the Service will leverage on robust IT platforms to ensure maximum...

A new report has ranked Lagos ahead of Abuja and fourth among the 10 wealthiest cities in Africa with a cumulative wealth of $108 billion. The report published on property news outlet africapropertynews.com was based on the The AfrAsia Bank Africa Wealth Report 2018. The report said though Lagos is...

The Managing Director/Chief Executive, Mallam Umar Ibrahim of the Nigeria Deposit Insurance Corporation (NDIC) said the corporation has remitted N7billion into Consolidated Revenue Account as its operating surplus for 2018 operations. TheNDIC boss disclosed this on Thursday in Abuja at the inauguration of newly appointed board of Director of the...

The Igbo socio-political group, Ohaneze Ndigbo, on Thursday endorsed the presidential candidate of the Peoples Democratic Party (PDP) Atiku Abubakar. Abubakar, a former vice president, has as his running mate, Peter Obi, a former governor of Anambra State. The President General of Ohaneze, John Nwodo, announced the endorsement in a...

Alhaji Atiku Abubakar, the PDP Presidential Candidate, has promised to bring prosperity to Nigerians if voted into power on Feb. 16. Abubakar, who addressed a campaign rally on Thursday in Kaduna, said that there was no hunger and poverty among Nigerians when the PDP was in power. He alleged that...

  Threaten poll riggers, perpetrators of violence with visa ban The United Kingdom and the United States of America on Thursday warned that there will be consequences for any attempt by individuals or group to interfere with the forthcoming general election in the country. While both countries threatened to place...

A report by the Association of Chartered Certified Accountants (ACCA) and Institute of Management Accountants, on Global Economic Conditions, have said that Nigeria faces its lowest economic confidence scores in a year, after a fall in the final quarter of 2018. In a statement on Wednesday, the group said, “In...