archiveApril 15, 2019

The Nigerian equities market resumed trading for the week on Monday, closing with a decline of 0.22 per cent as the All-Share Index (ASI) shed 64.56 points or   0.22 per cent to close at 29,495.91 compared with 29,560.47 on Friday. Similarly, investors’ wealth reduced by N24 billion or 0.22 per...

Pan-African e-commerce platform, Jumia Technologies, has officially announced its listing on the New York Stock Exchange (NYSE) with shares beginning trading at $14.50 under ticker symbol JMIA. By the listing, Jumia became the first startup from Africa to list on a major global exchange. According to the SEC filing, Jumia...

  The Nigerian National Petroleum Corporation (NNPC) says that the national average daily crude oil production stood at about 2.019 million barrels in 2018. The NNPC Group Managing Director, Dr Maikanti Baru, disclosed this at the 12th International Conference of the Nigerian Association for Energy Economics (NAEE), in Abuja, on...

The National Universities Commission (NUC) says it is currently processing applications for 303 new private universities to cater for the demand of tertiary education in the country. NAN reports that the Executive Secretary of NUC, Prof. Abubakar Rasheed made this known at a two-day National Summit on Private Universities on...

  The Peoples Democratic Party (PDP) on Monday urged President Muhammadu Buhari to tender his West African Examination Council (WAEC) certificate, which he claimed he has, to the Presidential Election Petition Tribunal. The PDP National Publicity Secretary, Kola Ologbondiyan, said such was necessary instead of allowing his campaign spokesperson, Mr....

  The Lagos State House of Assembly has recommended a fine of N250, 000 or six months imprisonment for any individual who obstructs members of the Lagos State Neighbourhood Safety Corps (LNSC) from carrying out their duties. This followed the adoption of the report of its Committee on Information, Security...

  The Joint Admissions and Matriculation Board (JAMB) has explained how candidates who took part in the 2019 UTME as the exam body releases the result. This is assist candidates who are already worried over the accessibility of their respective results. In view of this, however, JAMB via its official...

Nigerians have responded to Festus Keyamo’s (SAN) statement that anyone running as president or governor in Nigeria does not need a WAEC certificate. Keyamo had argued, “Yes. Section 318 of the 1999 Constitution defines ‘School Certificate or its equivalent’ to mean Primary 6 School Leaving Certificate plus the ability to...

A civil society organisation, Socio-Economic Rights and Accountability Project (SERAP), has sent Freedom of Information requests to President Muhammadu Buhari and the governors of the 36 states of the federation, requesting them to provide information on specific details of spending of appropriated public funds as security votes between 2011 and...