archiveFebruary 12, 2020

  A capital market operator, Malam Garba Kurfi, on Wednesday expressed optimism that the Nigerian equities market would witness double digit growth in 2020. Kurfi, the Managing Director, APT Securities and Funds Ltd., stated this at the Capital Market Correpsondents Association of Nigeria (CAMCAN) first quarter forum in Lagos. “The...

  Bureau of Public Enterprises (BPE) says plans are underway to generate N270.79 billion from its 20 transactions in 2020. The Director-General, BPE, Mr Alex Okoh, disclosed this at a breakfast meeting with newsmen on Wednesday in Abuja. Okoh explained that N3.94 billion would be spent out of the money...

  The market indicators of the Nigerian Stock Exchange (NSE) closed marginally on Wednesday with a growth of 0.02 per cent. Specifically, the All-Share Index (ASI) rose by 6.53 points or 0.02 per cent to 27,878.43 against 27,871.90 recorded on Tuesday. Also, the market capitalisation increased by three billion naira...

The Federal Inland Revenue Service (FIRS) has inaugurated a National Intelligence Gathering System to gather data and track tax evaders and defaulters across the country. The FIRS Director, Communications and Liaison Department, Mr Abdullahi Ismaila made this known in a statement in Abuja on Wednesday. Ismaila said the Executive Chairman,...

  The Federal Executive Council (FEC) has approved the appointment of a lead consultant for the forensic audit of Niger Delta Development Commission (NDDC). Sen. Godswill Akpabio, the Minister of Niger Delta Affairs, made the disclosure while briefing State House correspondents after FEC meeting presided over by Vice President Yemi...

As the demutualisation  process of the Nigerian Stock Exchange (NSE) nears completion, the Managing Director, APT Securities and Funds Limited, Mallam Garba Kurfi, said that the exercise would boost economic activities and activate idle capital in the market. The NSE had announced that it would convene a mandatory Court Ordered...

The Senate on Wednesday held a valedictory session to honour late Senator Benjamin Uwajumogu, who until his death represented Imo North Senatorial District in the National Assembly on the platform of the All Progressive Congress. The Session which started at 11:00am and ended 2:35pm, had Senators eulogizing and reliving individual...

  The Director of Finance and Administration, National Examination Council (NECO), Dr. Jacob Ekele, said on Wednesday the body conducted examinations for students in 19 states on credit. He also said Zamfara topped the list of states owing the examination body with over N1billion debt. Ekele stated these at a...

  Boko Haram terrorists have once again carried out a deadly attack on residents of a village in Borno State. The attack was carried out hours after President Muhammadu Buhari paid a condolence visit to the people of the state over the killing of 30 persons on Sunday. Wednesday’s attack,...

The Centre for Africa Liberation and Socio-Economic Rights (CALSER) has urged President Muhammadu Buhari to declare a state of emergency in Borno State. It said the renewed killing in the region was worrisome. At a conference in Abuja, the Convener Princess Ajibola condemned the rising cases of insurgency in the...