archiveJune 26, 2019

Trading activities on the Nigeria equities market extended its bearish run for the third consecutive day on Wednesday, with the market indices depreciating further by 0.20 per cent. The market capitalisation shed N26 billion or 0.20 per cent to close at N13.048 trillion compared to N13.074 trillion on Tuesday as...

The National Pension Commission (PenCom) on Wednesday said over N3.4 billion pension contribution fund deducted by states from employees’ salaries was yet to be remitted into the employees’ Retired Savings Accounts (RSAs). The Acting Director-General, PenCom, Mrs Aisha Dahir-Umar disclosed this at the 2019 second quarter consultative forum consisting of...

    The Institute of Chartered Secretaries and Administrators of Nigeria (ICSAN) on Wednesday urged its newly inducted members to develop their skills for professional advantage. Mr Babatunde Busari, Past President and Guest Speaker, gave the advice in a speech titled: “Making your mark as a professional in Nigeria: Issues...

The President of the Senate, Sen. Ahmad Lawan on Wednesday said the Senate was committed to ensure a healthy banking and other financial institutions in the country. Lawan gave the assurance while addressing management team of the National Deposit Insurance Corporation (NDIC) let by its Managing Director, Umar Ibrahim, in...

  Super Eagles beat Guinean opponents 1-0 to maintain Group B leadership with six points from two matches and qualify for Round of 16 at 2019 AFCON in Egypt. The result makes the Nigerian side the first team to progress from the first round at the competition. -NAN...

  The United Nations on Drug and Crime (UNODC) said cannabis is the most widely used drug globally with an estimated 188 million people having used the drug in the previous year. Mr Oliver Stolpe, UNODC, Country Representative disclosed this at the 2019 World Drug Day on Wednesday in Abuja....

  The Federal Ministry of Agriculture says the Federal Government has made agriculture a pivot for growth and development in response to the need to accelerate economic growth of the country. The Permanent Secretary of the Ministry, Dr Mohammed Umar said this on Wednesday in Abuja at the national validation...

The Association of Bureaux De Change Operators of Nigeria (ABCON) on Wednesday advised the Governor of Central Bank of Nigeria (CBN), Mr Godwin Emefiele, to sustain all strategies used to stabilise the foreign exchange market. The APCON President, Alhaji Aminu Gwadabe, gave the advice in an interview with the News...

The Securities and Exchange Commission (SEC) says it has commenced the implementation of the report of its Technical Committee on Commodities Trading Ecosystem. The Acting Executive Commissioner (Operations) of SEC, Mr Isyaku Tilde, disclosed this when a delegation of the Commodity Brokers Association of Nigeria (CBAN) led by its Registrar,...

A 48-year-old pastor, Abayomi Adegboyega, is seeking dissolution of his 16-year-old marriage, alleging that his wife always demands `bribe’ from him before sex. Mr Adegboye told an Igando Customary Court in Lagos State on Wednesday to end the marriage on grounds that his wife, Risikat, denied him sex. “My wife...