archive2020

  The Profit after Tax (PAT) of First City Monument Bank (FCMB) Plc rose by 18 per cent for the financial year ended 31 December, 2019.The improved profit rode on the back of improvement in its gross earnings for the year. The detailed financial performance was contained in its Unaudited...

NLC, TUC express trust in Gov Makinde   Oyo State Government and the Organised Labour on Wednesday reached an agreement on the N30,000 minimum wage passed into law by the Federal Government in 2019. A statement signed by the Chief Press Secretary to Governor Makinde, Mr. Taiwo Adisa, confirmed that...

President of the Senate, Ahmad Ibrahim Lawan, on Wednesday disclosed that the National has started consultation with the Executive arm of government on a new version of the Petroleum Industry Bill to be introduced in the ninth National Assembly. Lawan made the disclosure during a meeting with representatives of the...

  …As Gov charges Commissioners to leave indelible marks on current assignment Former Governor of Anambra State and the Vice-Presidential candidate of the Peoples Democratic Party (PDP) in the 2019 presidential election, Mr. Peter Obi, has commended Governor Seyi Makinde on his eight months of purposeful and focused leadership in...

  The Senate has given Ministries, Departments and Agencies of government a two-week window period to appear before the Senate Committee on Local and Foreign Debts to defend President Muhammadu Buhari’s loan request presently before the National Assembly. The call on MDAs to appear before the Panel was made by...

Following the recent re-positioning of the company for optimum growth in the years ahead, Jumia Nigeria has said it is opening up its logistics and marketing services to third parties and partners because it has a technology and data-driven approach to solving the logistics challenges on the continent. The company’s...

  There is the need for Nigeria’s policy elites to raise their voices loud enough in matters of national concern and public discourse, especially regarding issues of national unity, according to Vice President Yemi Osinbajo, SAN. According to Prof. Osinbajo, while politicians will be in office for a time, the...

Operatives of the Lagos State Command of the National Agency for the Prohibition of Trafficking in Persons (NAPTIP) have arrested a Lebanese who hoodwinked and trafficked a mother of three to Lebanon after promising her a whooping monthly salary of $2000. The victim, simply identified as Olayide, said the suspect...

Sell pressure on the Nigerian Stock Exchange (NSE) persisted on Wednesday with the market capitalisation shedding N175 billion. Specifically, the market capitalisation, which opened at N14.645 trillion, dipped N175 billion or 1.19 per cent to close at N14.470 trillion. Similarly, the All Share Index (ASI) decreased by 338.51 points or...

The Peoples Democratic Party (PDP), on Wednesday, declared what it called President Muhammadu Buhari’s resort to religious coloration and classification of wanton killings in the country by insurgents, as “totally horrendous, unpresidential, scandalous, discriminatory, divisive and a huge spat on the grave of the victims.” PDP described as highly insensitive...