archiveSeptember 2019

Oil rose on Monday on expectations that Saudi Arabia, the world’s largest oil exporter, will continue to support output cuts by OPEC and other producers to prop up prices under new Energy Minister Prince Abdulaziz bin Salman. Prices climbed for a fourth day and were also supported by comments from...

Dr Aminu Usman, Dean, Faculty of Social Sciences, Kaduna State University says the Federal Government should find ways of exploiting the nation’s natural resources to speed up the Gross Domestic Products (GDP). Usman said this in an interview with the News Agency of Nigeria (NAN) on Sunday in Abuja. GDP...

  The Nigerian Stock Exchange (NSE) reopened for the week on Monday still on a bearish trend, amid persistent sell pressure. Specifically, the All-Share Index dipped 56.73 points, representing a decline of 0.21 per cent to close at 27,089.84 against 27,146.57 posted on Friday. In the same vein, the market...

  The Abuja Chamber of Commerce and Industry (ACCI) says the forthcoming 2019 Abuja International Trade Fair will feature 45 foreign companies to strengthen businesses, trade and investment opportunities in the country. The ACCI Director General, Chief Tonia Shoyele, while briefing newsmen on Monday in Abuja said that the foreign...

The Special Adviser to the President (Media & Publicity), Femi Adesina, on Monday said President Muhammadu Buhari has received the report of the special envoy he sent to South Africa in the wake of xenophobic attacks on Nigerian living in the country. In a statement released on Monday, Adesina stated:...

  Celebrity Photographer and wife of celebrated singer, Busola Dakolo has denied making any claim for compensation from founder of Commonwealth of Zion Assembly (COZA) Pastor Biodun Fatoyinbo who she accused of raping her as a 17-year-old. Counsel to Dakolo and public interest lawyer, Pelumi Olajengbesi, made the clarification in...

The Securities and Exchange Commission (SEC) and the Federal Competition and Consumer Protection Commission (FCCPCC) have agreed to continue to work together in a bid to simplify the processes of company mergers in Nigeria. The SEC acting Director General, Ms. Mary Uduk, made the disclosure during the signing of a...

  Nigeria’s leading financial institution, Zenith Bank Plc, is set to light up the social and entertainment scene this month with the announcement of the Bank’s“Aspire Music Festival”. Dubbed as the most anticipated entertainment event of the year, the music festival holds on Saturday, September 21, 2019 by 8.00pm at...

The Code of Conduct Bureau (CCB) said investigation had commenced to verify the N48 billion assets declared by Oyo State Governor Oluseyi Makinde to the bureau. The Director of the bureau in the state, Mr. Bisi Atolagbe, revealed this on Sunday while fielding questions from newsmen during the meeting of...

The South Africa’s Defence Minister, Nosiviwe Mapisa-Nqakula, said on Monday that the attacks against foreigners in South Africa were planned by criminals and that government can’t prevent it. Mapisa-Nqakula, who said this in an interview with eNCA, a local channel, described South Africa as an angry nation and insisted that...