archiveNovember 10, 2021

 The Nigerian Exchange Ltd ( NGX) is set to host its fourth retail investor workshop on Nov. 16 aimed at driving investor education. This is contained in a statement by the NGX made available to the News Agency of Nigeria (NAN) on Wednesday in Lagos. The statement said the webinar...

  A bill to amend the Niger Delta Development Commission (NDDC) Act for the inclusion of new oil producing states has passed second reading at the Senate. This followed the presentation of the lead debate by the sponsor, Sen. Solomon Olamilekan (APC-Lagos West) at Wednesday’s plenary. Leading the debate on...

  moves against public servants with unexplained sources of wealth   The Senate on Tuesday considered two critical bills seeking to facilitate the swift prosecution of money launderers and terrorist financiers in Nigeria.   The bills when passed into law would also provide the needed framework for the prosecution of...

  The bears resurfaced on the nation’s bourse on Wednesday snapping the two-day bullish run due to profit taking in Lafarge Africa and 18 others.Thus, the All-Share Index dipped 23.25 points or 0.05 per cent to close at 43,707.30 from 43,730.55 posted on Tuesday. Accordingly, the month-to-date and year-to-date gains...

  The Chairman, National Drug Law Enforcement Agency, (NDLEA), retired Brig.-Gen. Buba Marwa has said that the removal of fine option from NDLEA act would strengthen the deterrence effect of court prosecution and conviction. Marwa said that the clause that allowed for the option of fine for drug offenders from...

Anambra Governor-elect, Prof. Chukwuma Soludo, says his victory is “a by-product” of twelve years of relentless political struggle. Soludo stated this in an acceptance speech after his declaration by the Independent National Electoral Commission (INEC) on Wednesday as the winner of Saturday’s governatorial poll. “For 12 years since the massive...

President Muhammadu Buhari says outlook on Nigerian economy remains bright, with sustained investments in infrastructure, particularly ICT, that favour global businesses and a friendly regulatory environment that supports Foreign Direct Investments (FDI). The president, according to a statement by his spokesman, Mr Femi Adesina, stated this in a keynote remark...

  The Federal Executive Council(FEC) has approved the National Development Plan(NDP) for 2021 to 2025 to succeed the Economic Recovery and Growth Plan(ERGP) which expired in Dec. 2020. Zainab Ahmed, Minister of Finance, Budget and National Planning disclosed this while briefing State House correspondents after a virtual FEC meeting presided...

  As the headline sponsor of the Abeokuta 10 km Marathon, the premium Bigi Table Water brand from Rite Foods is fully prepared to energize athletes who will participate in the long-distance race scheduled to hold on Saturday, November 13, 2021, in the ancient city. The international event with the...

  The Economic and Financial Crimes Commission (EFCC) Maiduguri Zonal Command on Wednesday, November 10, 2021 arraigned one Tope Jimi Fagun before Justice Aisha Kumaliya of the Borno State High Court, Maiduguri on a-two count charge of impersonation and obtaining N70, 000,000.00 (Seventy Million Naira) by false pretence. The defendant...