archiveDecember 4, 2019

Transactions on the Nigerian Stock Exchange (NSE) on Wednesday maintained a negative outlook for the third consecutive trading sessions. The News Agency of Nigeria (NAN) reports that the All-Share Index dropped marginally by 0.02 per cent due to sell-off in banking stocks. The index lost 5.74 per cent or 0.02...

The World Bank says it will continue to collaborate with the National Bureau of Statistics (NBS) to provide information-based statistics for the Nigerian government to lift the citizens out of poverty. Mr Shubham Chaudhuri, World Bank Country Director, said this on the sideline of the launch of the report of...

The Bank of Industry (BOI), on Wednesday in Lagos, urged the banking sector to endeavour to play its part in supporting entrepreneurship in a sustainable way in the country. Mr Olukayo Pitan, Chief Executive Officer of BOI, made the call at the Entrepreneurial Development Programme and Public Presentation of Practice...

The Nigerian Stock Exchange (NSE) on Wednesday awarded three secondary school students with equity investments and university scholarship funds worth N2.3 million. The students were presented with the awards at the 2019 NSE Essay Competition Awards Ceremony, aimed at awakening the interest of youths to learn and understand the rudiments...

The acting Registrar-General of the Corporate Affairs Commission (CAC), Mrs Azuka Obiageli, will on Wednesday, December 18 be arraigned by the Federal Government before the Code of Conduct Tribunal (CCT) on assets declaration-related charges. This was announced in a statement by the CCT’s Head of Press and Public Relations, Ibraheem...

The Edo House of Assembly on Wednesday passed the state 2020 Appropriation Bill of N179.2 billion. This followed a motion by House Leader, Mr Roland Asoro and seconded by Mr Ephraim Aluebhosele, member representing Igueben at plenary in Benin. The News Agency of Nigeria (NAN) recalls that Gov. Godwin Obaseki...

Senate President Ahmad Lawan has said that the National Assembly under his leadership will not pass any anti-people laws. He stated this in response to a protest letter by Human Writers Association of Nigeria (HURIWA) against the hate speech and anti-social media bills that have passed various levels of reading...

The Chairman of the Senate Committee on Establishment and Public Service, Ibrahim Shekarau, has claimed that the federal government currently owes retirees over N400 billion in accrued pension. Shekarau said this at the second annual National Assembly retreat with the Pension Funds Operators Association of Nigeria (PenOp) held in Uyo,...

The Integrated Personnel Payroll Integrated System (IPPIS) has explained that the Central Bank of Nigeria (CBN), the Nigerian National Petroleum Corporation (NNPC), the Federal Inland Revenue Service (FIRS) and a few other agencies are not on their platform because these agencies are revenue-generating entities. IPPIS further stated that these agencies...

  John Cardinal Onaiyekan on Tuesday formally bowed out as the Catholic Archbishop of Abuja and handed over to his successor, Ignatius Kaigama. Onaiyekan, who handed over at a press conference in Abuja, said that Kaigama would be formally inaugurated on Thursday in Abuja. The News Agency of Nigeria (NAN),...