archive2019

A group of civil society organisations (CSOs) in Nigeria’s extractive sectors have developed a mobile application – RemTrack to track the status of missing oil monies and other issues raised in various oil and gas audit reports by the Nigeria Extractive Industries Transparency Initiative (NEITI). The CSOs in a statement...

  Ogun State Governor Dapo Abiodun on Monday disagreed with calls for death sentence for those who abuse the use social media as a tool for information dissemination. He said the proposed social media bill before the National Assembly should not be seen as targeting or gagging the critical media...

The All-Share Index and Market Capitalization on the Nigerian Stock Exchange(NSE) appreciated by 0.04 per cent to close the week at 27,002.15 and N13.033 trillion respectively. All other indices finished lower with the exception of NSE Main Board, NSE-AFR Div Yield, NSE Meri Growth, NSE Consumer Goods, NSE Lotus II...

  Targeting the capital market as panacea to the nation’s infrastructural challenges As the Federal Government makes efforts to solve the infrastructure challenges, investment experts, capital market regulators, operators and other stakeholders will gather on December 7 to proffer ways on how the government can tap into the nation’s capital...

Crucial  indices of the Nigerian Stock Exchange (NSE) rose by 0.66 per cent on the last trading day the week, amid sustained investor confidence. Specifically, the market capitalisation which opened at N12.946 trillion increased by N86 billion to close at N13.032 trillion. Also, the All-Share Index rose by 177.65 points...

  The Federal Government on Friday reassured the business community that Nigeria remained the destination for investment. Otunba Niyi Adebayo, Minister of Industry, Trade and Investment, stated this in a keynote address at a CEO Interactive Session for Consumer Goods sector at the Nigerian Stock Exchange (NSE) in Lagos. The...

  The Federal High Court, Abuja, says Kaduna State Governor, Nasir El-Rufai, cannot stop the Economic and Financial Crimes Commission (EFCC) from investigating him. Justice Binta Nyako said this while delivering the judgment, on Friday, in a suit no: FHC/ABJ/CS/60/09 filed by El-Rufai. The governor was seeking the court’s determination...

  The National Association of Nigerian Students (NANS), has lauded move by the National Assembly to scrap acceptance fees in tertiary institutions nationwide. The Vice-President of NANS (National Affairs), Mr Chidi Ilogebe, said this in a statement made available to the News Agency of Nigeria (NAN) in Enugu on Friday....

The Manufacturers Association of Nigeria (MAN) on Friday urged the Federal Government to provide the necessary guidelines for access infrastructure loan. MAN Director-General, Mr Segun Ajayi-Kadiri, gave the advice in Lagos following the Federal Government’s re-presentation of request for a facility to address the infrastructure deficiencies to the National Assembly....

  The Kwara government on Friday said it had distributed N5,000 each to a total of 8,304 final year students of Kwara origin nationwide. A statement signed by the Permanent Secretary, Ministry of Tertiary Education, Dr Musa Dasuki, said the students were paid N5,000 as bursary straight into their accounts...