Political tension, sell-off sustain pressure on NSE’s indices

Political tension, sell-off sustain pressure on NSE’s indices

Analyst sees gloomy week, as bargain hunting continues Political tension ahead of the 2019 general elections, persistent sell-offs, as a reaction and bargain hunting by More »

NUT gives 21-day ultimatum to Edo over poor funding on education

NUT gives 21-day ultimatum to Edo over poor funding on education

The Edo State Chapter of the Nigeria Union of Teachers (NUT) has issued a 21-day ultimatum to the State Government to provide adequate funding for More »

Otimayin Queen Morenike, teen hair stylist, schooling and working

Otimayin Queen Morenike, teen hair stylist, schooling and working

My name is Otimayin Queen Morenike. I am a native of Kogi State. I am the second child of my family and I am 19 More »

NSC facilitates N13.5trn export trades says Executive secretary

NSC facilitates N13.5trn export trades says Executive secretary

NSC facilitates N13.5trn export trades, zero rejection in 2017 – Executive Secretary The intervention of the Nigerian Shippers’ Council (NSC) in promoting export trade had More »

Lawmaker calls for forensic audit of NASS budgetary allocations

Lawmaker calls for forensic audit of NASS budgetary allocations

A federal lawmaker, Sen. Abdullahi Adamu (APC-Nasarawa), has called for probe into budgetary allocations to the National Assembly. Adamu made the call while speaking with More »

Average fare by commuters increased in July – NBS

Average fare by commuters increased in July – NBS

The National Bureau of Statistics (NBS) says average fare paid by commuters for bus journey within the city increased to N170.03 from N168.90 recorded in More »

 

Naira closes at N362.30 to dollar at investors’ window

Naira closes at N362.30 to dollar at investors’ window

The Naira on Wednesday closed at N362.30 to the dollar at the investors’ window, with investors trading a total of 147.8 million dollars. At the

MTN, 12 banks sign N200b medium term loan agreement

MTN, 12 banks sign N200b medium term loan agreement

Mobile telephone operator, MTN on Wednesday signed a seven-year N200 billion medium term loan agreement with a consortium of 12 banks. The Chief Executive Officer

Nigeria, India trade hits $12 billion

nigeria-india-trade

The trade volume between India and Nigeria hit 12 billion dollars between April 2017 to March 2018, Indian High Commissioner to Nigeria, Nagabhushana Reddy, has

El-Rufa’i presents N155bn budget for 2019

governor-nasir-el-rufai

Kaduna State Government on Wednesday presented its 2019 budget of N155 billion to the state House of Assembly for approval. The budget, tagged `Budget of

Governor of Kwara orders payment of August salary for Sallah celebration

Governor of Kwara State orders payment of August salary for Sallah celebration

Ahead of the Eld-el-Kabir celebration, Gov. Abdulfatah Ahmed of Kwara has directed the Ministry of Finance to commence the immediate payment of August salary to

Index defies July inflation rate figure, down by 0.60% – NSE

nigerian-stocks

The All-Share Index at the Nigerian Stock Exchange (NSE) on Wednesday dropped further by 0.60 per cent in spite of July inflation rate figure released

NLC urges Bayelsa to pay 3 months’ salary arrears

NLC urges Bayelsa to pay 3 months’ salary arrears

The Bayelsa Chapter of Nigeria Labour Congress (NLC) has urged the state government to pay the three months’ salary arrears to workers to improve their

Sokoto workers to get August salary before Eid-el-Kabir

U.S. jury finds Nigerian guilty of hacking

Gov. Aminu Tambuwal of Sokoto State has directed the state Ministry of Finance to immediately commence the payment August salaries to workers in the including

Ramaphosa proposes new sovereign wealth fund

Ramaphosa proposes new sovereign wealth fund

South African President, Cyril Ramaphosa, has proposed setting up a sovereign wealth fund to help boost economic growth and his ruling African National Congress (ANC)

Fidelity Bank, BoI unveil lending scheme for manufacturers

Fidelity Bank, BoI unveil lending scheme for manufacturers

Fidelity Bank Plc, in a strategic partnership with the Bank of Industry, has launched a lending scheme for manufacturers. The bank, in a statement on

FIRS agrees to refund $2m, other tax overpayments in Arco, GE saga

FIRS-agrees-to-refund-$2m

The Federal Inland Revenue Service (FIRS), has said it will refund the N360million and $2million excess withholding tax (WHT) deducted from Arco Petrochemicals Engineering Company

Meter supply is Discos’ responsibility, says FG

Meter supply is Discos’ responsibility, says FG

The Federal Government on Monday announced that power distribution companies still had the responsibility of providing meters to customers as opposed to the recent position

Group targets 10,000 climate-smart agribusiness farms by 2020

Group targets 10,000 climate-smart agribusiness farms by 2020

A group, Youth Farm Project (Yfarm) has disclosed plans to establish 10, 000 climate-smart agribusiness farms across the country by 2020. The Programme Manager, YFarm

Political turbulence triggers more equity slump

Political turbulence triggers more equity slump

Investors lose 2.2 per cent in one day Turbulence in the political arena has sparked massive dumping and induced sell pressure on the equity sector