archiveFebruary 28, 2019

  Trading on the Nigerian Stock Exchange (NSE) on Thursday continued to react negatively to the outcome of the presidential election with the market capitalisation losing N196 billion to close below N12 trillion mark in February. The market capitalisation for last trading day in February shed N196 billion or 1.63...

The Federation Accounts Allocation Committee (FAAC) has shared to the three tiers of government a total of N610.368 billion federal revenue generated in the month of January 2019, but shared in February 2019. The Accountant General of the Federation (AGF), Ahmed Idris, while briefing the press at the end of...

  REMARKS BY PRESIDENT MUHAMMADU BUHARI DURING THE PRESENTATION OF CERTIFICATE OF RETURN BY INDEPENDENT NATIONAL ELECTORAL COMMISSION (INEC) AT THE INTERNATIONAL CONFERENCE CENTRE ABUJA 27TH FEBRUARY 2019 Protocol I am grateful to God for sparing our lives to witness another milestone in Nigeria’s democratic development – namely conclusion of...

  RECs, National Commissioners may go in protest THERE are indications that some Resident Electoral Commissioners, RECs, and National Commissioners of Independent National Electoral Commission, INEC, will resign their appointments following alleged intimidation, harassment and threat to life by security agencies during the February 23 presidential and National Assembly elections....

Only 34.75 per cent of registered voters actually voted in the just concluded presidential elections, according data released by the Independent National Electoral Commission (INEC). The News Agency of Nigeria (NAN) reports that the percentage represents 28,614,190 people who cast their votes during the elections. This is 0.91 per cent...

  The latest report of the Central Bank of Nigeria (CBN) on its Purchasing Managers’ Index (PMI) Survey has shown that production level, new orders, supplier delivery time, employment level and inventories grew at a slower rate in February 2019. According to the report, the Manufacturing PMI in the month...

The Vice-President of the Manufacturers’ Association of Nigeria (MAN), Oyo/Osun/Ekiti/Ondo branch, Lanre Popoola, has decried the neglect of local artisans. Speaking at an interactive forum organised by the Ibadan Chamber of Commerce and Industry for governorship aspirants in Oyo State, Popoola blamed the neglect of indigenous artisans to lack of...

The board of the global Extractive Industries Transparency Initiative (EITI) has said that Nigeria and Norway have achieved the highest level of transparency marks against the EITI standard in pushing for transparency and accountability in the operations of their respective extractive sectors. The EITI board said at their meeting in...