archiveJuly 2019

President Muhammadu Buhari has finally ordered the sack of Prof. Usman Yusuf, Executive Secretary of the National Health Insurance Scheme (NHIS). Announcing the sack, Mrs. Boade Akinola, Director, Media, Federal Ministry of Health, said in a statement that the President had approved his termination of the appointment of Prof. Usman...

  as petitioners line up 400 witnesses The Presidential Election Petition Tribunal sitting in Abuja, on Monday, allocated 10 days to the Peoples Democratic Party (PDP) and its candidate, Atiku Abubakar, to prove their allegation that the February 23 presidential election was rigged in favour of President Muhammadu Buhari. The...

The Nigerian Stock Exchange (NSE) has announced the results of the biannual review for the NSE and co-branded indices. The composition of these indices after the review will be effective on Monday July 1, 2019. The Nigerian bourse began publishing the NSE 30 Index in February 2009 with index values...

The United States of America has sought the views of the Aare Onakakanfo of Yorubaland, Iba Gani Adams, on the security situation in the country. A two-man team of officials from the US Embassy in Lagos, led by the Political Officer, Shashank Iyer, met with Adams on Monday in his...

Sterling Bank Plc has opened a new branch at the popular Computer Village in Ikeja, Lagos. The computer village is a marketplace designed to offer trusted, speedy and happy shopping experience to technology consumers as well as a servicing hub for both retailers and wholesalers of technology products in Nigeria...

The Governor of Oyo state, Engineer Seyi Makinde on Monday performed the swearing-in ceremony of the Secretary to the Government of the State, Mrs. Olubamiwo Adeosun, saying that his government targets supersonic performances that would dwarf the returns of some past government’s eight year record. The Governor, according to a...

Mr Mohammed Kari, the Commissioner for Insurance National Insurance Commission (NAICOM), has stressed  the need to reform and digitise the country’s insurance industry to boost the economy. Kari said this at the National Insurance Industry Consultative Council’s 2019 National Conference in Abuja on Monday. The theme of the conference is:...

  The Chairman, Joint Tax Board (JTB), Mr Tunde Fowler, said on Monday that the Internally Generated Revenue (IGR) of the 36 states and FCT rose from N800 billion in 2016 to N1.16 trillion in 2018. Fowler made this known at the Go-Live Ceremony for the New National Tax Identification...

  The Nigerian Institution of Civil Engineers (NICE), Lagos Chapter, on Monday urged operators in the building construction industry to continually be updated with new technologies and practices of the profession. Mrs Omolola Adetona, Chairman of NICE, gave the advice during a ‘Project Management Training for Engineers’ organised by the...

The Federal Government has offered for subscription two-year savings bond at 11.19 per cent and three-year savings bond at 12.19 per cent per annum, the Debt Management Office (DMO) said. According to the offer circular obtained from the DMO website, the two-year bond will be due in June 2021, while...