archiveJuly 2019

The Nigerian Stock Exchange, in collaboration with Chapel Hill Denham, organized a training on alternative investments titled “Listed Real Assets: A Teach-In on Alternative Investments” on Wednesday, July 3, 2019. The training covered core concepts of alternative investments, as well as applicable techniques for valuation, trading and investments in the...

  By Grace Ketefe The issue of rape as a prevailing social scourge in Nigeria once again took the front burner of public discourse within past few days on the heels of disclosure by Busola Dakolo, the wife of the talented musician, Mr. Timi Dakolo, that she had been raped...

The senator representing Adamawa North senatorial district, Senator Ishaku Elisha Abbo Wednesday wept as he begged for forgiveness for slapping a sales girl at an Abuja sex toy shop on May 11. Speaking at the national secretariat of the People’s Democratic Party (PDP), the embattled senator begged Nigerians not to...

Edo State Governor, Mr Godwin Obaseki, has reshuffled his cabinet, dropping eight Commissioners, nominating six replacements and appointing five Special Advisers. The cabinet reshuffle was contained in a statement issued Wednesday and signed by the Secretary to the State Government, Osarodion Ogie Esq., In the statement, Ogie said: “The Edo...

Governor Dave Umahi of Ebonyi State has said the suspension of the Ruga settlement plan was because of its lack of consistency. President Muhammadu Buhari had earlier suspended his administration’s plan to build Rural Grazing Area (RUGA) settlements in some states across Nigeria. However, briefing State House correspondents at the...

Attainment of zero new HIV cases in Nigeria may be a mirage given that at least 10 per cent of blood passed as “good” for transfusion when analysed using PCR machine, a more sophisticated test contains HIV, an expert has warned. Professor Georgina Odaibo who stated this in her inaugural...

Fidelity Bank Plc is collaborating with PricewaterhouseCoopers (PwC) to provide funding for Small and Medium Enterprises (SMEs) operating in Nigeria. Mr Nnamdi Okonkwo, Managing Director, Fidelity Bank, said in Lagos on Wednesday that the bank came up with the initiative tagged, ‘SME Funding Connect,’ to deepen funding, which remained the...

    Lagos Chamber of Commerce and Industry (LCCI) on Wednesday urged Federal Government to show more commitment to measures aimed at stabilising food prices through improved food production, post-harvest management and transportation. Mr Babatunde Ruwase, LCCI President, made the plea at the 2nd edition of the chamber’s quarterly state...

  The Lagos State Government (LASG) has released N784,690 million to offset the Accrued Pension Rights (ACR) of its retirees. This was disclosed in a statement released by Mrs Ajoke Lawal, the Lagos State Pension Commission (LASPEC) spokesperson, on Wednesday in Lagos. She said the state government released funds every...

  The bearish performance of the Nigerian equities market extended into the third consecutive sessions on Wednesday as sale pressures in high capitalised stocks dragged the benchmark index by 0.07 per cent lower. Specifically, the All Share Index (ASI) shed 19.89 points, representing a dip of 0.07 per cent to...