archive2020

The Supreme Court on Tuesday voided the election of Emeka Ihedioha of the Peoples Democratic Party(PDP)  as the Governor of Imo State. In Ihedioha’s place, the court declared Hope Uzodinma of the All Progressives Congress as the winner of the March 9, 2019 election. Justice Kudirat Kekere-Ekun, who read the...

  The Federal Government through the office of the attorney general of the federation has declared the newly formed ‘Amotekun‘ security outfit as illegal. It urged its conveners to discontinue the out stating that no other authority at the state level, whether the executive or legislature has the legal authority...

  Mr Timothy Olawale, the Director-General, Nigeria Employers’ Consultative Association (NECA), has lauded the Finance Bill which was signed into law by President Buhari, saying the Act had led to an increment to 7.5 per cent of Value Added Tax (VAT). Olawale made the commendation in a statement issued and...

As part of programmes marking its 30th anniversary, Home Science Association Secondary School, Ajegunle-Alakuko, Lagos will be ringing the bell at the Nigerian Stock Exchange in Lagos. According to Investopedia, the ringing of the opening bell refers to the moment a securities exchange opens for its normal daily trading session....

The nation’s bourse resumed trading for the week on Monday still on a bullish trend following investors’ interest in MTN Nigeria Communication due to the tax debt reprieve. The News Agency of Nigeria (NAN) reports that MTNN appreciated further with a gain of N11.60 to close at N127.60 per share,...

A Chief Economist  at the  PricewaterhouseCoopers International Ltd. (PwC), Andrew Nevin says  Nigeria needs more investment to grow its economy at a higher rate, to be able to lift 100 million people out of poverty. Nevin made this known during the UK-Africa Pre-Summit Media briefing held at the British Deputy...

The Nigerian Stock Exchange (NSE) has obtained the Securities and Exchange Commission (SEC) final approval termed ‘no objection’ for the demutualisation of the nation’s bourse, the News Agency of Nigeria (NAN) reports. Mr Oscar Onyema, the NSE Chief Executive Officer, said this on Monday at the 2019 Market Recap and...

  The Federal Government has rescued a 23-year-old teacher, Omolola Ajayi, who was trafficked to Lebanon. The Nigerians in the Diaspora Commission disclosed on Monday, that Ajayi has been rescued from the home of her captor and is now safely in Beirut with the Nigerian Ambassador to Lebanon. The NIDCOM...

  The Central Bank of Nigeria (CBN) has shifted its first Monetary Policy Committee (MPC) meeting of the year, earlier scheduled to hold on January 20-21, 2020 to January 23-24. In a tweet, the CBN said it regrets the shift and “any inconvenience this change may have caused its stakeholders...

  Nobel Laureate, Prof. Wole Soyinka has commended the South West governors over the idea of the Western Nigeria Security Network, which has been code-named ‘Operation Amotekun’. Reactions have continued to trail Amotekun , the South West Security Network, launched on January 9, 2019 and which has since commenced operations...