archiveSeptember 2019

    Stakeholders in the power say the involvement of more credible investors and alignment among players were key to resolving Nigeria’s energy crisis. The stakeholders made the input in a survey conducted by the News Agency of Nigeria (NAN) in Lagos on problems and challenges of power generation and...

The National Bureau of Statistics (NBS) says the Nigerian banking sector allocated N15.13 trillion as total value of credit to the private sector in the second quarter (Q2) 2019. The NBS figures, contained on its “Selected Banking Sector Data: Sectorial Breakdown of Credit, ePayment Channels and Staff Strength (Q2 2019)was...

Kenya’s year-on-year inflation fell to 3.83 per cent in September, from 5.0 per cent a month earlier due to lower food prices, the statistics office said on Monday. On a monthly basis, inflation was -0.11per cent from -0.90 per cent in August, the Kenya National Bureau of Statistics said. “In...

The Nigerian equities market recorded 0.16 per cent drop on the last trading day of September. Specifically, the All Share Index (ASI) dipped 44.48 points or 0.16 per cent to close at 27,630.56 against 27,675.04 posted on Friday. Similarly, the market capitalisation shed N22 billion or 0.16 per cent to...

Set to introduce community engagement initiative to safeguard projects Oyo State Governor, Engineer Seyi Makinde, has approved the mobilisation of contractors handling different projects for the Sustainable Development Goals (SDG) Office back to site, charging them to ensure that they deliver the projects to specification and time. This was as...

The Nigerian Stock Exchange (NSE) organized a symbolic Closing Gong ceremony in celebration of the centenary birthday of one of its leaders, Pa. Akintola Williams, CFR, CBE, FCA, on Monday, September 30, 2019. In his welcome remarks, Mr. Oscar N. Onyema, OON, Chief Executive Officer, NSE, said “I am honoured...

Oyo State Governor, Engineer Seyi Makinde, has felicitated with the people of Oyo State and Nigerians in general on the occasion of the nation’s 56th independence anniversary. Governor Makinde, in a message to the good people of Oyo State and his countrymen at large, called for renewed patriotism, perseverance and...

    The Lagos branch of Awba-Ofemili Development Union (ADU) has launched a N100m fund for a multi-purpose civic centre, just as call went out for building of institutions than individuals for the town to thrive. The Chairman of ADU Lagos, Mr. Remmy Chuks Nweke, disclosed this in his address...

  I felicitate with fellow Nigerians at home and abroad on the occasion of the 59th Independence Anniversary of our dear country, Nigeria. As Nigeria comes of age, with its people increasingly asserting themselves in every sphere of life across the globe, there is indeed much to be proud of...

  The Speaker of the Bayelsa State House of Assembly, Mr. Tonye Isenah, has been impeached. The Bayelsa State House of Assembly was on Monday invaded by hoodlums who started shooting indiscriminately. The violence follows an alleged attempt by a faction of the house to impeach Isenah who is expected...