archiveDecember 11, 2019

The National Union of Electricity Employees (NUEE) on Wednesday shutdown the headquarters of Ikeja Electric (IE) and Eko Electricity Distribution Company (EKEDC) in Ikeja and Marina, Lagos. The News Agency of Nigeria (NAN) gathered that the union members at the wee hours of the day locked staff of the distribution...

The Nigerian Stock Exchange (NSE) on Wednesday recorded the first gain in December with the crucial market indices appreciating by 0.19 per cent. Specifically, the All-Share Index increased by 49.79 points or 0.19 per cent to close at 26,434.00 compared with 26,384.21posted on Tuesday. Also, the market capitalisation which opened...

  “It is the combined effect of the corrective and coercive powers of State agencies and actors, and the moral authority of the throne that we believe can deal a death blow to this terrible scourge that today destroys the lives of thousands of our young persons” “If the traditional...

law shows we are ready for probity, he says 'we won't witch hunt anyone'   Oyo State Governor, Engineer Seyi Makinde, has signed the Oyo State Anti-Corruption Bill 2019 into Law. The Governor, who assented to the bill passed last week by the State House of Assembly, said that his...

The Senate on Wednesday mandated its Committees on Local Content Legislative Compliance and Petroleum Downstream to investigate the influx of foreign vessels into Nigeria’s coastal region and the level of patronage of Nigerian shipping companies. The upper chamber directed the committees to investigate the flagrant abuse of the NOGICD Act...

  Wants FG to initiate unemployment Fund Calls for revitalization of existing industries The Senate on Wednesday waded into the issue of unemployment in the country and recommended solutions to the executive arm of government for adoption and implementation. Accordingly, the upper chamber while urging the Federal, State and Local...

The Governor of Imo State Rt. Hon. Emeka Ihedioha and his Kano State counterpart, Alhaji Abdullahi Umar Ganduje have been recognized for their pragmatic approach, impactful investments and stellar performances in the infrastructure development of their states. Governor Ihedioha was adjudged the Best Governor in Innovative Infrastructure Solutions while Governor...

  President of the Senate, Ahmad Lawan, has said the Senate will investigate the Petroleum Products Pricing Regulatory Agency over alleged non-remittance of N800 billion to the Federal Roads Maintenance Agency (FERMA) for the maintenance of roads across the country. Lawan stated this in his concluding remarks on a bill...

Nigeria can attract more investments in the capital market if only the Federal Government can consistently work towards creating a sound investment environment devoid of political, social risk as well as maintaining transparency. This was the view of capital market stakeholders at the Capital market Correspondents Asociation of Nigeria (CAMCAN)...

  The Senate on Wednesday passed for second reading a bill which seeks to legalize constituency projects and also dedicate at least 20 per cent of annual budgets for lawmakers’ zonal intervention projects. The bill will enable members of the National Assembly to be allocated N2.1trillion to execute the constituency...