archiveNovember 8, 2021

  Transactions on the Nigerian stock market closed on a positive note with the market capitalisation gaining N644 billion to hit N22 trillion mark, amid gains by telecommunication companies.Specifically, the market capitalisation inched higher by N644 billion to close at N22.569 trillion from N21.925 trillion recorded on Friday. Similarly, the...

 The FMDQ Group on Monday launched Africa’s first green exchange known as the FMDQ Green Exchange to promote economic development through green and sustainable financing.The Chief Executive Officer, FMDQ Group, Mr Bola Onadele, described the launch as a milestone at the hybrid launch ceremony held on Monday in Lagos. Onadele...

Ikeja, Nov. 8, 2021 (NAN) Lagos House of Assembly has called on Gov. Babajide Sanwo-Olu to compensate families of the victims of the collapsed 21-storey building in Ikoyi. The lawmakers also urged the governor to direct relevant agencies to ensure that all requirements for buildings, as stipulated in the extant laws...

The Nigeria Governors’ Forum (NGF) on Monday described plans by Federal Government to deduct $418 million Paris Club from the Federation Account as unlawful and contrary to public policy and morality. The position of the Forum was contained in a statement titled: ‘Re: Paris Club refund: FG counters states, insists...

  Following the suspension of collation of results in respect of the 2021 Anambra State Governorship election as announced yesterday, November 7, 2021 by the State Collation/Returning Officer and the decision of the Commission to hold election in Ihiala Local Government Area on Tuesday, November 9, the Commission in line...

The National Communications Commission (NCC), on Monday, said its projected revenue for the 2022 fiscal year was around N632billion. It insisted that the proposed deployment of the Fifth Generation (5G) network in the telecommunications sector would have no effect on the safety and health of Nigerians. The Executive Vice Chairman...

An independent election observer, Yiaga Africa through its Parallel Vote Tabulation (PVT) methodology, has validated the results of the 20 Local Governments so far released by the Independent National Electoral Commission (INEC) in the Anambra governorship election. In its preliminary report released on Monday in Abuja, it said for 18...

as GMD wins 2020 Zik Leadership Award GMD/CEO of NNPC Ltd, Mallam Mele Kyari has been commended for transforming the fortunes of the NNPC from a position of loss-making into a profit- making venture. The Public Policy Research & Analysis Centre (PPRAC) gave this commendation while conferring its "2020 Zik Prize...

 The Securities and Exchange Commission (SEC) has stressed the need for standardisation of the country’s commodities to enhance global acceptance and boost the Gross Domestic Product (GDP). The Director-General of SEC, Mr Lamido Yuguda, said this at the Commodities Standards Sensitisation workshop organised by the commission in partnership with the Standards...

  The general public has been adviced not to engage in panic buying of Premium Motor Spirit, more commonly known as petrol. According to a press statement by the Group General Manager, Group Public Affairs Division, NNPC, Garba Deen Muhammad NNPC has over 1.7 billion litres of petrol in stock...