archiveDecember 6, 2019

  The market capitalisation of the Nigerian Stock Exchange (NSE) lost N28 billion or 0.22 per cent to close at N12.961 trillion on Friday as against N12.989 trillion recorded on Thursday. In the same vein, the All-Share Index dipped by  58.18 points or 0.22 per cent to close at 26,855.52...

Nigerians in the Diaspora can contribute more to the growth of the nation’s economy and other sectors through the sharing of ideas and investment opportunities with relevant agencies of government, according to the Vice President Yemi Osinbajo, SAN. Speaking during a meeting on Thursday at the Presidential Villa, Abuja, with...

African Development Bank President (AfDB), Dr. Akinwumi Adesina, on Thursday won the African of the Year Award by the All Africa Business Leaders Awards. This, according to the organizers of the award, was in recognition of his bold leadership and the innovation of the Africa Investment Forum which, in their...

The British Standards Institute (BSI) has signed a Memorandum of Understanding (MoU) with the Standards Organisation of Nigeria (SON) to improve Nigeria’s trading capabilities. The two agencies signed the agreement on Wednesday at a training workshop in Abuja. The agreement intends to share good practice between the two organisations, promote...

The Peoples Democratic Party (PDP) says the “furious invasion of the sanctity of the Federal High Court” by the officers of the Department of State Services (DSS) has confirmed that Nigeria, under the Buhari Presidency, “is finally sliding into a frightening dictatorship.” The main opposition party was reacting to the...

  The death of Eze Israel Kanu, father of the leader of the Indigenous People of Biafra (IPOB), Mr Nnamdi Kanu, has been announced. This is coming four months after his mother, Ugoeze Sally Kanu, also died. Eze Kanu was the traditional ruler of Afara Ukwu Umuahia community till his...

Democratic freedom is shrinking in Nigeria, a global index report has stated. The report published by CIVICUS, a coalition of civil society groups has lamented. According to the report, Nigeria has slipped from being an “obstructed” nation in 2018 to a “repressed” nation — the second worst rating a country...

The Federal Government has raised fresh attack against the $9.6billion award made against it in respect of the alleged gas supply contracted purportedly awarded to an Irish firm, Process and Industrial Development (P&ID) Limited. The FG, in this instance, has filed a fresh suit challenging the process leading to the...

Former Nigeria vice president Atiku Abubakar on Friday the invasion of the Federal High Court, Abuja, to arrest Sahara Reporters publisher Omoyele Sowore was a violation of democratic norms. “Nigeria is not a dictatorship,” Atiku tweeted. “We are a democracy, no matter how inconvenient this fact is to the powers...

    Financial experts on Friday commended the National Assembly for ensuring early passage of the 2020 budget, just as they expressed concern on the oil production benchmark. The expert spoke with the News Agency of Nigeria (NAN) in Lagos, while reacting to 2020 budget which was passed by NASS...