archiveDecember 17, 2021

  Sentiments in the domestic bourse turned negative on Thursday with a loss of N46 billion due to profit-taking activities in top cement player – Dangote Cement.Specifically, the market capitalisation shed N46 billion or 0.21 per cent to close at N22.056 trillion from N22.102 trillion posted on Wednesday. Also, the...

  Capital Market Operators (CMOs) will from Jan. 1 begin payment of regulatory fees on bonds for secondary market transactions, the Securities and Exchange Commission (SEC) says. A circular by the management of the Commission in Abuja on Thursday, said it would charge 0.025 per cent of the total value...

 Access Bank Plc shareholders have unanimously approved the bank’s proposed reorganisation into a Holding Company (Holdco) to be known as Access Holding Plc.The shareholders gave the approval at the bank’s Court- Ordered Meeting on Thursday in Lagos. Speaking at the meeting, the President, Association for the Advancement of the Rights...

Democracy remains the best system of establishing governments because it guarantees respect for the fundamental rights of individuals to choose their leaders, according to Vice President Yemi Osinbajo, SAN. Prof. Osinbajo stated this today in Ibadan, Oyo State capital, where he chaired a roundtable discussion, which was held in honour...

The Nigerian Content Development and Monitoring Board (NCDMB) says 53 Nigerian companies have so far accessed loans under its Nigerian Content Intervention Fund (NCIF) scheme. Mr Obinna Ofili, General Manager, Nigerian Content Development Fund and Treasury Management, NCDMB, disclosed this at the 2021 Capacity Building Workshop for Media Stakeholders on...

Chelsea missed the chance to close the gap on Premier League title rivals Manchester City and Liverpool as they relinquished a second-half lead to draw 1-1 with Everton at Stamford Bridge. After the hosts missed a succession of chances, Mason Mount finally found a way past Everton goalkeeper Jordan Pickford...

The House of Representatives has resolved to setup an ad hoc committee to investigate the level of compliance of Information and Communication Technology (ICT) aided Transport Companies with the country’s extant tax laws. The resolution was sequel to a unanimous adoption of a motion by Rep. Ganiyu Abiodun (APC-Lagos state)...

  The Federal Government has rolled out plans to strengthen Nigeria’s agricultural sector so as to ensure food security in 2022. Minister of Agriculture and Rural Development, Dr Mohammed Abubakar, disclosed this on Thursday at the launch of a Rural Rubber Resources Centre at Ndioko Izombe and a 1,000 capacity...

Yaba College of Technology (YABATECH) on Thursday presented a device named Aptus Pi to aid training of apprentices learning Mobilie Phone Repairs, Computer Hardware repairs and maintenance in Computer Village, Ikeja. Mr Joe Ejiofor, Deputy Registrar of the YABATECH, in an interview with the News Agency of Nigeria (NAN), said...

The Debt Management Office (DMO) has called on Nigerian investors to partner with the Federal Government towards the development of road infrastructure. The DMO announced this in its website,  as it opened offer for a new Sovereign Sukuk of up to N250 billion on Thursday. It stated that the Federal...