archiveJuly 2019

  The naira appreciated marginally against the dollar at the parallel market on Thursday, exchanging at N359 to the dollar. The naira was traded at the segment  at N461 and N407 against the Pound Sterling and the Euro, respectively. At the Bureau De Change (BDC) window, the naira was sold...

  The Statistician-General of the Federation, National Bureau of Statistics (NBS), Dr Yemi Kale said that 41.5 million Micro, Small and Medium Enterprises (MSMEs) were registered in 2017. Kale made this known during the Public Presentation of the 2017 NBS-SMEDAN Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) and...

  The Nigerian equities market dipped further on Thursday with the market capitalisation losing N265 billion within seven hours of trading due to price loses by blue chips. Specifically, the market capitalisation closed lower at N13.993 trillion having lost N265 billion or 1.86 per cent from the N14.258 trillion achieved...

  The Court of Appeal will, on Friday, deliver judgment in a suit filed against President Muhammadu Buhari, challenging his qualification for the 2019 presidential election. A three-member panel of the Court of Appeal presided over by Justice Atinuke Akomolafe-Wilson had, on Monday, July 8, reserved judgment in the suit...

The Department of Home Affairs says the country’s new eVisa system will launch in November 2019, and it has added new nations to the list of countries that can enter South Africa visa-free. According to a report by Business Tech and tweeted via the unverified Twitter handle of Home Affairs...

  The Tertiary Education Trust Fund (TETFund) has disbursed N208 billion as total allocation for 2019 tertiary institutions’ fund. Prof. Suleiman Bogoro, the Executive Secretary, TETFund, made this known at the annual meeting of TETFund beneficiary institutions on Thursday in Abuja, NAN reports. Bogoro said that universities got N826, 684,...

  Former President Goodluck Jonathan has said that President Muhammadu Buhari can get Nigeria out of the woods if he could implement key recommendations of the 2014 National Conference report. He gave the advice at the launching and presentation of the Memoirs of Senator Femi Okurounmu at the University of...

The tenth edition of Global Corruption Barometer (GCB) – Africa, released on African Anti-Corruption Day by Transparency International in partnership with Afrobarometer, revealed that more than half of all citizens surveyed in 35 African countries think corruption is getting worse in their country. Fifty-nine percent of people think their government...

  ... Emefiele meets Service Chiefs to enforce directive   Governor of the Central Bank of Nigeria, Mr Godwin Emefiele has met with Service Chiefs and Heads of Paramilitary agencies to enforce Executive Order 003 mandating all Ministries Departments and Agencies (MDAs) to source their textile needs locally. Speaking at...

  The Peoples Democratic Party (PDP) has cautioned the Presidency and the All Progressives Congress (APC) to perish any contemplation of increasing pump price of fuel from the already excruciating N145 per liter. Our position is predicated on our unwavering stand, as a party committed to the welfare of Nigerians,...