archiveMay 2019

  Emefiele’s term runs out in June and he could be reappointed Female deputy governor seen as a potential new bank chief Nigeria’s central bank governor for the next five years will have to balance fighting inflation and propping up the currency against pressure to boost an economy that’s expanding...

Investors on the Nigerian Stock Exchange (NSE) have been urged to take advantage of prevailing low equities pricing in the stocks market to boost their investments in the market in order to take opportunities of market reversal commencing end of second quarter. Professor of Finance & Capital Market, and Head,...

Chinese direct investment in the United States dropped 83 per cent  in 2018, pushed down by growing mistrust between the world’s two biggest economies. In a report, the Rhodium Group research firm said that Chinasank $5 billion last year into direct investments in America, down from $29 billion in 2017...

  The Federal Road Safety Corps (FRSC) Academy at Udi in Enugu State is to commence the award of degree certificates in September this year, the Corps Marshal, Mr Boboye Oyeyemi, announced on Tuesday in Abuja. Oyeyemi said that the FRSC was making steady progress to ensure that the academy...

  REMARKS BY HIS EXCELLENCY, PROF. YEMI OSINBAJO, SAN, VICE PRESIDENT OF THE FEDERAL REPUBLIC OF NIGERIA, AT THE LAUNCH OF THE HOMEGROWN SCHOOL FEEDING PROGRAMME IN EKITI STATE, MAY 7TH, 2019 I am truly pleased to be here this morning at the flagging off of the Homegrown School Feeding...

  An orthopaedic surgeon at the Obafemi Awolowo University, Ile-Ife, Osun State, Prof Olayinka Adegbehingbe, who was kidnapped on Sunday, said the Fulani herdsmen who kidnapped him were paid N5.045m before he was freed. Adegbehingbe said this on Tuesday in an interview with the News Agency of Nigeria at his...

  The rise in the bill collection efficiency of electricity distribution companies to N438bn without a commensurate improvement in supply and metering has been criticised by consumers. In the latest report on the performance of Discos, it was observed that the power distributors posted a 21 per cent increase in...

Sterling Bank Plc recently supported the 4th Nigeria Energy Forum themed “Upscaling Clean Energy for Sustainable Development” as part of its commitment to the HEART of Sterling initiative to invest in five key sectors of the Nigerian economy namely Health, Education, Agriculture, Renewable Energy and Transportation. Speaking as a panellist...

In line with its mandate to provide employment and entrepreneurship opportunities for Lagos residents, the Lagos State Employment Trust Fund (LSETF), on Tuesday, May 7, 2019 signed a Memorandum of Understanding (MoU) with the United States African Development Fund (USADF) to support 15,000 youth in the State. Through this MoU,...

The vice-presidential candidate of the Peoples Democratic Party in the February 23 presidential election, Peter Obi, has arrived the venue of the Presidential Election Petitions Tribunal in Abuja, which holds its inaugural sitting today (Wednesday). The PDP and its presidential candidate, Alhaji Atiku Abubakar, had jointly filed a petition to...