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archiveOctober 25, 2021

NEWSTOP STORY

“We are ready for Anambra governorship election” -INEC Chairman

  REMARKS BY THE HONOURABLE CHAIRMAN, INDEPENDENT NATIONAL ELECTORAL COMMISSION (INEC), PROF. MAHMOOD YAKUBU, AT A SPECIAL MEETING OF THE INTER-AGENCY CONSULTATIVE COMMITTEE ON ELECTION SECURITY (ICCES) ON THE ANAMBRA GOVERNORSHIP ELECTION HELD AT THE INEC CONFERENCE ROOM, ABUJA, ON MONDAY 25TH OCTOBER 2021 The NSA and Co-Chair of ICCES...
CAPITAL MARKETMARKETSTOP STORY

NGX opens week bullish with N27bn growth

  The nation’s bourse kicked off trading for the week on Monday on a bullish trend with a growth of N27 billion due to investors’ demand for consumer goods and insurance stocks.Specificaly, the market capitalisation inched higher by N27 billion or 0.12 per cent to close at N21.821 trillion from...
CAPITAL MARKETMARKETSTOP STORY

Nestle manages to grow Q3 profit by 5%

  Nestlé Nigeria Plc has posted a profit before tax (PBT) of N51.58 billion for the third quarter ended Sept. 30. This was contained in the company’s unaudited financial statements sent to the Nigerian Exchange (NGX) Limited and signed by the Company Secretary/Legal Adviser, Mr Bode Ayeku, on Monday in...
MANUFACTURINGOTHER BUSINESSESTOP STORY

MAN tasks FG on executive order 005 implementation

  The Manufacturers Association of Nigeria (MAN) on Monday called on the Federal Government to monitor the effective implementation of Executive Order 005, to engender Nigeria’s self-reliance and ensure global competitiveness. President of MAN, Mr Mansur Ahmed, made the call at the opening ceremony of the association’s  3-day Made-in-Nigeria Exhibition...
NEWSTOP STORY

NLC rejects compulsory COVID-19 vaccination

The leadership of the Nigeria Labour Congress (NLC) has rejected Federal Government planned enforcement of COVID-19 vaccination on workers and Nigerians. The NLC President, MrAyuba Wabba, expressed labour position while unveiling the COVID-19 vaccination Advisory for the Federal Civil Servants on Monday in Abuja. It would be recalled that the...
ECONOMYTOP STORY

Privatisation of FG Assets: We need to be more curcusmpect — Fashola

The Minister of Works and Housing, Mr Babatunde Fashola, has called for more circumspection about certain types of assets that were being concessioned or privatised. Fashola said this at the public hearing of the House of Representatives Committee on Privatisation and Commercialisation of Government Assets on Monday in Abuja. He said that it would...
NEWSTOP STORY

Alleged online gay predator docked for $8,420USD scam in Kaduna

  The Kaduna Zonal Command of the Economic and Financial Crimes Commission (EFCC) on Monday, October 25, 2021 arraigned one Abdulrahim Dangana before Justice Darius Khobo of the Kaduna State High Court, Kaduna on one-count charge that borders on obtaining by false pretence. The defendant is an alleged internet fraudster...
CAPITAL MARKETMARKETSTOP STORY

Derivatives to deepen market activity on NGX

  A well-developed Derivatives market in the Nigerian capital market will undoubtedly support the growth of the economy and the market as a whole. Market players recognise that Derivatives are critical in the development and growth of the economy through its crucial role of price discovery, market completeness, risk management...
NEWSTOP STORY

BudgIT raises concern over FG’s 2022 budget

BudgIT raises concerns over Federal Government’s proposed 2022 budget, queries the missing N198.7 billion oil company payments to the Niger Delta Development Commission (NDDC) in the N16.39 trillion spending plan. BudgIT Foundation, a civic-tech organisation leading the advocacy for transparency and accountability in public finance in Nigeria and three other...
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