archiveMarch 2021

 The Oyo State Government on Wednesday approved the implementation of a mini-grid scheme to the tune of N575  million for rural communities to provide them with electricity supply.Mr Seun Ashamu the State Commissioner for Energy and Mineral Resources disclosed this in Ibadan while briefing newsmen alongside the Commissioner for Information,...

 Stockbrokers have expressed optimism that the completion of the long-awaited Demutualisation of the Nigerian Stock Exchange (NSE) would herald a new vista in the nation’s bourse. The stockbrokers said this in interviews with the News Agency of Nigeria (NAN) in Lagos, while reacting to the completion of the demutualisation after...

The Economic and Financial Crimes Commission (EFCC), has  approached the Federal High Court Abuja, seeking to amend the charge filed against a former Group Managing Director of the Nigerian National Petroleum Corporation (NNPC),  Andrew Yakubu. The News Agency of Nigeria (NAN) recalls that Yakubu was arraigned before Justice Ahmed Mohammed...

 The Nigerian Export-Import Bank (NEXIM) has called on entrepreneurs in the South East to take advantage of its N50 billion debenture to support export oriented enterprises in the region.The South East Regional Manager of the bank, Mr Kingsley Usifo made the call on Wednesday in Enugu during a sensitisation workshop...

The Nigerian Stock Exchange (NSE) has received final approvals of its demutualisation plan from the Securities and Exchange Commission (SEC) and Corporate Affairs Commission (CAC) respectively. With these approvals, The Exchange has now completed its demutualisation process. Under the demutualisation plan, a new non-operating holding company, the Nigerian Exchange Group...

 Gov. Nasiru El-Rufai of  Kaduna State has urged those operating Almajiri schools in the state to relocate to other states. El-Rufai said during the inauguration of the Kaduna State Child Protection and Welfare Committee on Tuesday in Kaduna that the government would not condone their operation in the state. He...

 Investors on the Nigerian Stock Exchange (NSE) on Tuesday lost N317 billion in a trading session amid sell pressure on bellwethers.Specifically, the market capitalisation which opened at N20.612 trillion shed N371 billion or 1.80 per cent to close at N20.241 trillion. Also, the All-Share Index dipped 709.72 points or 1.80...

  Yaba College of Technology, Lagos, says no fewer than 14,500 candidates registered for its Post-UTME, holding from March 16 to March 22.The institution’s Head of Public Relations, Mr Joe Ejiofor, confirmed this in an interview with the News Agency of Nigeria (NAN) on Tuesday in Lagos. Ejiofor, a Deputy...

  The organised labour has rejected the partial implementation of the minimum wage by Kwara Government.The unions comprised the Nigeria Labour Congress (NLC), Trade Union Congress (TUC) and Joint Negotiating Council (JNC). They criticised the planned partial implementation of minimum wage for workers on Grade Levels one to six by...

  The Manufacturers Association of Nigeria (MAN) on Tuesday said that the sector’s Foreign Direct Investment (FDI) increased to $400 million in the 3rd quarter of 2020, from $153.77 million recorded in the corresponding quarter of 2019. The $246.23 million increase indicates a rise of 160.13 per cent, the association detailed...