archiveJanuary 2021

 The Nigerian Stock Exchange on Tuesday extended growth by N259 billion following interest in Airtel Africa, just as the Monetary Policy Committee (MPC) retained the Monetary Policy Rate (MPR) at 11.5 per cent. Specifically, the market capitalisation which opened at N21.494 trillion rose by N259 billion to close at N21.753...

  Prof. Umar Danbatta, Executive Vice-Chairman, Nigerian Communications Commission (NCC), has said that forensic audit was ongoing on data price deflation in the country.Danbatta made this known at an award presentation to him as `Man of the Year’ by MoneyReport Magazine, on Tuesday in Abuja. The News Agency of Nigeria...

  The Association of Capital Market Academics of Nigeria (ACMAN), on Tuesday said that rates retention by the Monetary Policy Committee (MPC) was in line with market expectations. ACMAN President, Prof. Uche Uwaleke, disclosed this in an interview with the News Agency of Nigeria (NAN) in Lagos, while reacting to...

  calls for support for Amotekun to tackle insecurity in the region The Aare Onakakanfo of Yorubaland, Iba Gani Adams, has alleged that some Yoruba people have been colluding with Fulani herdsmen to commit crimes in the South-West. Adams said this on ARISE Television on Tuesday, stressing that for insecurity...

  The Oyo State Fire and Safety Services has stated that its men were able to timeously arrest the fire incident at the Soka, Ibadan home of Mr. Sunday Adeyemo popularly known as Sunday Igboho at the early hours of today. A statement signed by the Agency's Director of Operations,...

The Lagos Chamber of Commerce and Industry (LCCI) has projected a return to positive growth path for the Nigerian economy in the second quarter of 2021. Mrs Toki Mabogunje, President, LCCI, addressing journalists at the first edition of the chamber’s quarterly news conference, said the projection was subject to the absence...

  The Central Bank of Nigeria (CBN) on Tuesday kept its Monetary Policy Rate (MPR) unchanged at 11.5 per cent after two days of its Monetary Policy Committee (MPC) meeting in Abuja. This will not come as a surprise as analysts in the financial services sector had predicted the CBN...

  President Muhammadu Buhari has sacked the service chiefs in the country with immediate effect. He also appointed new hands to take over the batons of piloting the security affairs of the country. Special Adviser on Media and Publicity to President, Mr. Femi Adesina, made this known in a tweet...

The Federal High Court, Abuja, on Tuesday, ordered the final forfeiture of former Governor of Zamfara, Abdulaziz Yari’s funds domiciled in Zenith and Polaris Banks. The funds include 56, 056.75 dollars in Polaris Bank; N12.9 million, N11.2 million, 301, 319.99 dollars; N217, 388.04 and 311, 872.15 dollars in different Zenith...

  advises candidates to check revised examination time table on its website   The National Examinations Council (NECO) has announced a new date for the 2020 SSCE external examinations. According to NECO in a press statement signed its spokesperson, Mr. Azeez Sanni, on Tuesday, the examinations, which were previously scheduled...