archiveJuly 4, 2019

Mr Olufemi Lijadu, Chairman, Board of the Securities and Exchange Commission (SEC), says the capital market is important to any nation’s development. A statement by SEC in Abuja on Thursday quoted Lijadu as saying that the capital market had played critical roles in attracting investments. The board chairman made the...

The Senator who assaulted a woman at sex toy shop in Abuja, Mr.Elisha Abbo may spend the night in police custody after turning himself in as part of an ongoing investigation into his assault scandal. Premium Times reports that Abuja police commissioner Mr Bala Ciroma said that Mr Abbo had...

The presidential candidate of the People’s Democratic Party (PDP), Atiku Abubakar, has beefed up his legal team by obtaining the services of foremost constitutional lawyer, Professor Ben Nwabueze SAN, to prosecute his petition challenging the victory of President Muhammadu Buhari at the February 23 election before the election tribunal. Nwabueze...

Activities on the Nigerian Stock Exchange (NSE) sustained negative trend on Thursday with the market indicators dropping further by 0.26 per cent. Specifically, the All Share Index, which opened at 29,375.25, lost 75.16 points or 0.26 per cent to close at 29,300.09. Also, the market capitalisation of listed equities shed...

  Governor Seyi Makinde of Oyo State has alleged that the last administration in the state awarded a contractor with untraceable office address the Moniya-Iseyin road for the sum of N7 billion. The governor who disclosed this after taking a tour of the Moniya-Iseyin road, said N2 billion out of...

The Securities and Exchange Commission (SEC) has cut down the time, processes and costs of the transmission of shares from a deceased investor to their beneficiaries. The capital market regulator said in a statement on Thursday that the decision is to reduce the quantum of unclaimed dividends in the Nigerian...

National Working Committee (NWC) of the People’s Democratic Party (PDP) has summoned Ndudi Elumelu and six other members of the House of Representatives over the minority leadership tussle in the lower chamber. Other members summoned were Wole Oke, Lynda Ikpeazu, Anayo Edwin, Gideon Gwadi, Toby Okechukwu and Adekoya Abdul-Majid. In...

Sterling Bank Plc has been adjudged as the third best place to work in Nigeria and on the African continent at the 2019 edition of the annual Great Place to Work (GPTW) awards which held in Lagos recently. The bank also clinched the Best in Leadership (Large corporate) and Best...

    In the last 12 calendar months, Jumia Nigeria has recorded significant achievements in three major areas of its operations in the country: customer delivery experience, e-commerce reach and expansion, and job creation and empowerment. This is according to the chief executive officer of the company, Mrs Juliet Annamah,...

A pipeline explosion occurred at Ijegun, in the Alimosho Local Government Area of Lagos State in the early hours of Thursday, with two unidentified bodies, as well as many vehicles and shops burnt in a raging fire. This is according to the News Agency of Nigeria (NAN) report monitored by...