archiveNovember 28, 2019

Trading on the Nigerian Stock Exchange (NSE) rallied on Thursday following renewed positive sentiment in banking and oil and gas stocks after dropping for two consecutive days. Specifically, the All-Share Index which opened at 26,790.10 increased by 34.40 points or 0.13 per cent to close at 26,824.50. Also, the market...

  Financial experts on Thursday said that the Monetary Policy Committee (MPC’s ) decision to retain all rates was aimed at protecting  the nation’s external reserve being threatened by oscillation in oil prices. The experts said this in separate interviews with News Agency of Nigeria (NAN) in Lagos, while reacting...

  The World Bank Group says Nigeria is improving on the provision of digital platforms for services. The bank made this known in a statement issued in Abuja on Thursday. The bank explained that the government created a central portal to improve the delivery and quality of public services. It...

The Federal Mortgage Bank of Nigeria (FMBN) has released about N5.4 billion to some cooperative societies to build 664 houseing units. The Managing Director of the bank, Mr Ahmed Dangiwa made this known at the 4th Annual Conference of Federal Civil Service Staff of Nigeria Cooperatives (FEDCOOP) in Abuja on...

  Prof. Dolapo Lufadeju, the National Coordinator, Rotary International Project on National Family Planning Campaign, says Nigeria is losing 68,000 women yearly as a result of pregnancy and child birth complications. Lufadeju disclosed this on Thursday during the South West Family Planning Campaign Project of Rotary International in Ibadan. He...

  E-commerce will account for 10% of retail sales in Africa by 2025 SMEs, Consumers are the biggest beneficiaries of Black Friday Black Friday campaigns are data driven The chief executive officer of Jumia Nigeria, Mrs Juliet Anammah has stated that Keke Napep (Tricycle) is one of the bizarre things...

  President of the Senate, Ahmad Lawan and his Deputy, Ovie Omo-Agege, led other lawmakers, friends and well-wishers to rejoice with one of their own who was recently elevated as a member of the Nigerian Body of Benchers. Senator Opeyemi Bamidele, Chairman, Senate Committee on Judiciary, Human Rights and legal...

The Senate on Thursday received a request from President Muhammadu Buhari for the approval of the Federal Government’s 2016 - 2018 borrowing plan. The letter, which was dated November 26, 2019, was read on the floor by the President of the Senate, Ahmad Lawan, during plenary. President Buhari, in the...

  The Senate on Thursday mandated its Committee on Housing to urgently work out modalities with the various stakeholders in the National Housing Development sector to ensure the implementation of affordable housing for the poorest Nigerians. The resolution was reached after consideration of a motion on the “Urgent need to...

says Apete-Awotan axis set to witness huge govt presence   Oyo State Governor, Engineer Seyi Makinde, has pledged to rehabilitate the Awotan Dumpsite off Apete/Akufo Road to prevent environmental hazard in the area. The Governor made the pledge while speaking during a visit for an on-the-spot assessment of the site...