archiveMarch 2019

  Chelsea legend Didier Drogba will make an emotional playing return to Stamford Bridge this summer as part of Soccer Aid 2019. The Blues hero, who won 12 major honours with Chelsea, is set to be confirmed as one of the former professionals to play in the annual charity match,...

  …First time in two years   As against the prediction of most analysts, the Central Bank of Nigeria (CBN) has reduced the Monetary Policy Rate (MPR) from 14 per cent to 13.5 per cent, the first reduction since 2016. Announcing the slight drop in interest rate at a media...

  Sterling Bank Plc has won the Innovative Bank of the Year Award at the 2019 edition of the Electronic Payment Incentive Scheme (EPIS) Efficiency Awards organised by the Central Bank of Nigeria (CBN) and the Nigeria Inter-Bank Settlement System (NIBBS). The CBN EPIS Efficiency Awards, now in its fourth...

The Nigeria’s equities market closed the first trading session of the week on a negative note as the benchmark index declined by 0.31 per cent to close at 31,042.32 points, driven by sell-off across major counters. Thus, the Month-to-Date and the Year-to-Date losses increased to 2.13 per cent and 1.24...

  Prime Minister Theresa May on Monday battled to keep control of Britain’s exit from the European Union as some in her party called on her to quit. The parliament, however, plotted to wrest the Brexit process away from her government. At one of the most important junctures for the...

  The European Union Election Observation Mission (EU EOM) has raised concern over cases of violence in the just concluded supplementary elections. The union in a statement issued by its press officer, Sarah Fradgley said there was violence and intimidation of voters during Saturday’s rerun in parts of Kano, Bauchi...

The Acting Chairman of the Economic and Financial Crimes Commission (EFCC) Ibrahim Magu on Monday said public funds stolen by 32 entities (human and corporate) between 2011 and 2015 was well over N1.3 trillion. Magu disclosed this in his keynote address at the opening ceremony of the 2019 First Batch...

  ...to announce successful MAP next week The Nigerian Electricity Regulatory Commission (NERC) Monday insisted that obligation of ensuring that electricity consumers are metered, remains with the Electricity Distribution Companies (DisCos) under Meter Asset Provider (MAP) Regulations 2018. This is consistent with their respective Licensing Terms & Conditions and Section...

The All Progressives Grand Alliance (APGA) on Monday scored President Muhammadu Buhari high on his economic policies. APGA said Nigerians with the result of Buhari’s economic initiative will soon begin to enjoy stable economy and better living standard. Briefing reporters in Abuja, its chairman, Victor Oye, said the President deserves...

  The Peoples Democratic Party (PDP) has asked President Muhammadu Buhari and the All Progressives Congress (APC) to stop their unnecessary fabrications, smear campaign and prepare to face its legal team at the Presidential Election Tribunal. The party says President Buhari is overweighed by the burden of illegitimacy, following overwhelming...