archiveDecember 2019

  The board of the Federal Road Safety Commission (FRSC) says it has elevated 2,341 personnel to various new ranks. The Corps Marshal, Dr Boboye Oyeyemi disclosed this in a statement issued by the Corps Public Education Officer, Mr Bisi Kazeem, on Tuesday in Abuja. Oyeyemi said that the promoted...

The Federal Inland Revenue Service (FIRS) has served a seven-day notice to tax defaulters across the country. The Head, Communications and Servicom Department, Mr Wahab Gbadamosi, made this known in a statement in Abuja on Tuesday. Gbadamosi said the Acting Executive Chairman of FIRS, Mr Abiodun Aina, announced this in...

Analysts are worried that the rising headline inflation rate, which was put at 11.85 by November ending has eroded the real yields of local debt and could impact negatively on capital flow into the country. According to analysts at the United Capital Plc, the average yield on short-term securities in...

Gov: ‘Four additional rail projects, eight bus corridors to start’ The integrated mass transportation initiative of the Lagos State Government has recorded a huge progress with the successful completion of an elevated sea-crossing track of the Lagos Blue Line Rail Mass Transit project. Governor Babajide Sanwo-Olu, on Tuesday, led members...

  By Atiku Abubakar.   John Quincy Adams once said “there are two ways to conquer and enslave a nation. One is by the sword. The other is by debt.” He may have very well been referring to Nigeria of the last three years. Barely two weeks ago, I warned...

It is my pleasant duty, today, on my 77th birthday, to sign the 2020 Appropriation Bill into law. I thank the National Assembly, in particular, the Senate President, the Speaker of the House of Representatives, and indeed all the Distinguished and Honourable Leaders, and Members, for passing the 2020 Appropriation...

  Dr Uche Olowu, the Chairman Chairman Chartered Institute of Bankers of Nigeria (CIBN), has urged President Muhammadu Buhari to properly execute economic policies that would uplift the masses from poverty. The News Agency of Nigeria (NAN) reports that the nation waits the signing into law, the 2020 Budget by...

The Nigerian Stock Exchange (NSE) says it delisted no fewer than seven companies in 2019, the News Agency of Nigeria (NAN) reports. Data obtained by NAN from the Securities and Exchange Commission (SEC) showed that the affected companies include the Skye Bank Plc and Fortis Microfinance Bank. Others are the...

  The Nigerian equities market ended Tuesday session in red with the All-Share Index dropping by 0.13 per cent. The News Agency of Nigeria (NAN) reports that the index, which opened at 26,695.18, lost 34.74 points or 0.13 per cent to close at 26,660.44. Similarly, the market capitalisation shed N16...

Ikeja branch Chairman of Nigerian Bar Association (NBA), Mr Dele Oloke, has urged Gov. Babajide Sanwo-Olu  “to put politics aside and fix Lagos State” after 200 days in office. Speaking with the News Agency of Nigeria in Lagos on Tuesday, Oloke said Sanwo-Olu should think of how to move Lagos...