archiveFebruary 2020

The Standard Organisation of Nigeria (SON) has called on Nigerian manufacturers to maintain high standard quality of their products to boost consumers’ confidence and position themselves for global competitiveness. Mr Osita Aboloma, the Director-General of SON, made the call on Wednesday in Awka, when he issued Mandatory Conformity Assessment Programme...

Coronation Merchant Bank on Wednesday expressed optimism that the nation’s currency would not be devalued in 2020 as being speculated in some quarters. This, among others, were the resolutions reached at the Coronation Breakfast Session with the theme: “Re-risking the financial system,” held in Lagos. Speaking at the event, Mr...

The All Progressives Congress (APC) has disassociated itself from the protest at the Abuja residence of a Justice of Supreme Court, Mrs Mary Odili. The party’s Deputy National Publicity Secretary,  Mr Yekini Nabena, who said this at a news conference on Wednesday in Abuja, said that some protesters who identified...

The Senate on Wednesday considered a bill seeking to establish the National Commission Against the Proliferation of Small Arms and Light Weapons. Sponsor of the bill, Senator Smart Adeyemi (APC – Kogi West), said the functions of the Commission when established will among others include: identifying sources and routes of...

Safer payment solutions will drive adoption of prepayment for ecommerce transactions By Olukayode Kolawole Since the debut of e-commerce in Nigeria, a great number of consumers have always preferred paying for their products upon delivery, due to doubt on the quality of the product that the merchants might deliver. The...

Federal, states and local governments in Nigeria on Wednesday shared  N647.35 billion for the month of January as the Federation Account Allocation Committee (FAAC) meeting ended in Lagos. The News Agency of Nigeria (NAN) reports that the N647.35 billion shared is 9.63 per cent lower than the N716.29 billion shared...

The Nigerian Stock Exchange (NSE) has published the maiden edition of StockTown, a comic book aimed at promoting financial literacy in Nigeria. StockTown makes use of illustrated characters story to educate readers of all ages about the importance of savings and investment. In its first issue, readers are introduced to...

Nollywood Actress Patience Oseni has passed on. She was said to have died on Monday, February 17, 2020 in Calabar, Cross River State, following a battle with stroke and weight. She was said to have relocated to Calabar with hope that her daughter would take adequate care of her, unfortunately,...

    The Speaker of the Bayelsa State House of Assembly, Monday Bubou-Obolo, has stepped down to pave the way for the emergence of a new Speaker. The development followed the inauguration of Governor Douye Diri, who is from the same Bayelsa Central Senatorial District as Bubou-Obolo. Members, therefore, elected...

The Minister of Labour and Employment, Dr Chris Ngige, has said the United States of America’s to include Nigeria in the list of countries under the US travel ban was a shock to the country. He described the ban as unwarranted because of the contribution of Nigerian professionals to the...