archiveSeptember 2019

  The Nigerian equities market on Tuesday sustained bearish outing for the second day running with sell-offs in 28 stocks. Consequently, the All-Share Index closed southwards, dropping by 298.04 points or 1.08 per cent to close at 27,352.24 against 27,650.28 achieved on Monday. Also, investors’ networth dipped N146 billion in...

  President of the Senate, Ahmad Ibrahim Lawan, said on Tuesday that all standing committees of the upper chamber will be inaugurated on Wednesday. Lawan, who made this known at the resumption of the plenary session of the Senate, explained that the decision to inaugurate the committees was taken by...

The National Association of Nigerian Students (NANS) has rejected the new policy on cash deposits and withdrawals recently announced by the Central Bank of Nigeria (CBN). The National President of the association, Mr Danielson Akpan, disclosed this in a statement made available to newsmen on Tuesday in Abuja, saying that...

The President of Women Arise for Change Initiative, Dr Joe Okei-Odumakin, has called for the establishment of a National Gender-Equity Commission in Nigeria. Okei-Odumakin made the call on Tuesday in Enugu while delivering a lecture at the Big Ideas Podium Conference, with the theme, “Gender Disparity and Underdevelopment in Nigeria’’,...

    “We must also address the concerns of young entrepreneurs and startups, and the small traders, the millions at the bottom of the economic value chain, the millions at the bottom of the pyramid, those who sell from their trays and tabletops all over the markets in our country....

The Chief Executive Officer (CEO), First Bank Nigeria PLC, Dr Adesola Adeduntan, said the bank will engage 500,000 agents across the country to ensure that its services were made available to people in every nook and cranny. Adeduntan made this known on Tuesday at opening of the 12th Annual Banking...

  Why TraderMoni won AfDB prize for financial inclusion The Federal Government’s policies and programmes aimed at promoting financial inclusion remain key to the actualization of President Muhammadu Buhari’s promise of lifting millions of Nigerians out of poverty, according to Vice President Yemi Osinbajo, SAN. Prof. Osinbajo stated this in...

  President of the Senate, Ahmad‎ Lawan, said on Tuesday that the resumption of the Senate from the two months recess is a time for action. In his welcome address, Lawan told his distinguished colleagues in the upper chamber that "this resumption is a time for action." "It is time...

Stakeholders in the private sector on Tuesday identified regulatory risk as the biggest challenge of businesses in Nigeria and called for national strategy in policy formation. They said this at the Regulatory Conversations 4.0 with the theme `Foreign Exchange Restrictions on Food Imports and Implications for Regulating and Growing the...

    Oyo State Governor, Engineer Seyi Makinde, has approved the appointment of a seasoned Economist from the Department of Economics, University of Ibadan, Dr. Musibau Adetunji Babatunde, as his Chief Economic Adviser. The Governor, in a statement endorsed by his Chief Press Secretary, Mr. Taiwo Adisa, confirmed that Babatunde’s...