archiveApril 11, 2019

The Nigerian equities market sustained its recovery to close on a positive note on Thursday as the benchmark index increased by 0.53 per cent to 29,347.62 points, driven by gains in Banking stocks. Thus, the Month-to-Date and the Year-to-Date losses moderated to -5.46 per cent and -6.63 per cent respectively....

The Nigeria Deposit Insurance Corporation (NDIC) has carved a niche for itself as the leading deposit insurer in Africa according to the Chairman of the House of Representatives Committee on Insurance and Actuarial Matters Hon.OlufemiFakeye. The Chairman made the comment during the appearance of the NDIC Management led by the...

The #BringBackOurGirls (BBOG) advocacy group will on Friday in three continents, commence a three-day event to mark the 5th anniversary of the Chibok schoolgirls’ abduction by Boko Haram. 276 schoolgirls were kidnapped from Government Girls Secondary School, Chibok, Borno State, on the night of April 14, 2014, making Sunday, April...

The Emir of Kano, Muhammadu Sanusi II, has called for policies that would tackle the current socio-economic challenges and ensure better future for the country. The monarch made the call in a keynote address he presented at a roundtable discussion organised by the Manufacturers Association of Nigeria (MAN), in Kano...

Persistent system failure characterised the Joint Admission and Matriculation Board’s (JAMB) Unified Tertiary Matriculation Examination (UTME) in Danbo International School Kaduna. Correspondent of the News Agency of Nigeria (NAN) who monitored the exercise in Kaduna on Thursday,  reports that the examination, which was supposed to last for two hours lasted...

  The Supreme Court for the second time on Thursday dashed the hope of the All Progressives Congress (APC) in Rivers State of participating in the 2019 general election. The Supreme Court dismissed the appeal filed by the APC praying the apex court to set aside its earlier judgment that...

Atletico Madrid Striker Diego Costa has been handed an eight-match La Liga ban by the Spanish Football Federation’s Competition Committee for abusing the referee after he was shown red card during last Sunday’s 2-0 defeat by Barcelona. The official report stated that the 30-year-old swore and shouted at referee Jesus...

  The Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, said on Thursday that the Federal Government was working assiduously to ensure installation of gas filling plants in each of the 774 Local Government Areas in the country. Kachikwu disclosed this in his keynote address at the commissioning of...

Omar Hassan Bashir survived multiple armed rebellions, economic crises and attempts by the West to make him a pariah before he was finally ousted as Sudan’s president by the military on Thursday following protests against his 30-year rule. In an address on state television, Defence Minister Awad Mohamed Ahmed Ibn...

  FG: Our debts are sustainable There is a growing concern about the mounting debt profile of the Federal Government of Nigeria (FGN). Apart from the nation’s main opposing party, the Peoples’ Democratic Party (PDP), both the National Bureau of Statistics (NBS) and the International Monetary Fund (IMF) have been...