archiveJuly 8, 2019

The Securities and Exchange Commission (SEC) has urged members of the Chartered Institute of Stockbrokers (CIS) to uphold tenets of the profession in order to promote the capital market. Mrs Mary Uduk, the Acting Director-General, SEC said this during her induction as an Associate Member of the CIS in Lagos...

  The Naira on Monday traded at N359.3 to the dollar at the parallel market in Lagos. The Pound Sterling and the Euro closed at N463 and N407 respectively. At the Bureau De Change (BDC) segment, the naira exchanged at N360 to the dollar, while the Pound Sterling and the...

The losing streak in the local bourse was halted in the first trading session of the week as buying interest in FLOURMILL (+10.0%), FBNH (+2.4%) and WEMABANK (+8.2%) drove the All-Share Index 0.07 per cent northward to 29,292.66 points. Consequently, YTD loss moderated to -6.8 per cent while market capitalisation...

  The Organised Private Sector (OPS) has lauded President Muhammadu Buhari for including Nigeria in the African Continental Free Trade Agreement (AfCFTA) at the just concluded Africa Union Summit on Sunday in Niamey. The sector’s chieftains told the News Agency of Nigeria (NAN) on Monday in Lagos that Nigeria has...

The Secretary General of ECOWAS Parliament, Mr John Azumah, has said that 40 per cent of the total 70 million refugees in the world are drawn from the 16 West African nations with Boko Haram insurgency displacing 1.2 million Nigerians alone. Azumah, who spoke Monday at the launch of the...

    A financial expert based in the United Kingdom, Mr Rowland Adeleke, on Monday said that government at all levels need to demonstrate strong political will for 2030 SDGs to be fully achieved. Adeleke told the News Agency of Nigeria (NAN) in Omu-Aran that the SDGs would solve the...

  All Progressives Congress (APC) National Leader,  Sen. Bola Tinubu, on Monday urged Nigerians to recognise the value of diversity and use it for the prosperity of the country. Tinubu made the call at a  public presentation of a book entitled:  ‘Battlelines: Adventures in Journalism and Politics’, a memoir of...

    Bars interim management from implementing decisions   The Federal High Court in Lagos has restrained the Securities and Exchange Commission (SEC) from enforcing a fine of N89, 675,000 against Oando Plc. The court also restrained the Commission from enforcing its decision to appoint an interim management team for...

    To say the least, the past two weeks in Nigeria have been nothing short of a beehive of dramatic revelations which set off a cascade of unending discussions transcending the social media space into a seemingly united Calvary of patriotic Nigerian people, who had become too tired of...

      As 2,210 NYSC members conclude orientation exercise in Imo   Imo State Deputy Governor, Rt. Hon. Gerald Irona has urged members of the National Youth Service Corps (NYSC) posted to the state to eschew every form of criminality, even as he charged them to be law abiding...