Chairman of Action Congress of Nigeria (ACN), Chief Adebisi Akande, has described the proposed removal of fuel subsidy as a sign of the inability of the Peoples Democratic Party (PDP) and President Goodluck Jonathan to govern the country. The for...
The Nigeria Labour Congress (NLC) yesterday said the bombing of a church in Madala, Niger State, during Christmas celebration was as a result of bad leadership that failed to tackle security challenges in the country. NLC, in a statement si...
The Federal Road Safety Commission (FRSC) arrested and arraigned 600 motorists before mobile courts between December 20 and 23 for contravening various traffic regulations. This was contained in a statement signed by Mr Nseobong Akpabio, the organisati...
The Chairperson of the African Union Commission (AUC), Dr. Jean Ping, has strongly condemned the bombings of churches across Nigeria on Christmas Day. In a statement, Ping expressed his most sincere condolences to the bereaved families of the victims, ...
The National Drug Law Enforcement Agency (NDLEA) has announced the arrest of a 38-year old South African woman, Nene Fikil, for alleged drug trafficking. Mr Mitchell Ofoyeju, the spokesman for the anti-drug agency, told the News Agency of Nigeria (NAN)...
Some Islamic scholars in Kano have condemned the bomb attacks in churches around the country on Christmas Day. Some religious fanatics bombed churches in Madalla, Niger and Jos as well as Damaturu, killing many and injuring others. Islamic scholars in ...
No fewer than 143 people have died and 424 others injured in motor accidents in Katsina State since January, according to the Sector Command of Federal Roads Safety Commission (FRSC). The Sector Commander of FRSC, Alhaji Habu Dauda, made the disclosure...
When President Goodluck Jonathan announced plans to raise tariff on certain imported food components in the proposed 2012 budget, most people gave it a fleeting thought. But when Saunsi Lamido Sanusi, Central Bank of Nigeria (CBN) governor made referen...
Activities on the floor of the Nigerian Stock Exchange last week continued on the upbeat as the NSE All-Share Index appreciated by 737.32 points or 3.6 per cent to close on Friday at 20,763.26 while the m...
The Nigerian Communications Commission (NCC) has made good its threat to banks and companies illegally occupying unlicenced spectra by shutting down and confiscating the transmitting equipment of Intercontinental Bank, IPNX and Galaxy Wireless, two tel...
Cost of borrowing may rise this week if the Central Bank of Nigeria continues its hostile mop in the market. The central bank sold sizeable worth of treasury bills through open market operations last week to reduce the impact of the release of budgetar...
Women wondering whether or not to take the next step with a new man in their life should heed the advice of Russian scientists - and take a deep whiff. Sniffing a potential partner’s scent could tell if Mr Right has a sexually transmitted disease...
Following a successful completion of the reconstruction of the Union Bank’s shares, the Nigerian Stock Exchange (NSE) at the weekend lifted the full suspension placed on trading in the shares of the bank on the floor of the Exchange. It wou...
Concerned that foreign investors control about 80 per cent of investments at the Nigerian Stock Exchange (NSE), the Securities and Exchange Commission (SEC) said it has drawn up strategies that would attract local investors to invest more in shares on ...
As the Nigerian Stock Exchange proposes a new set of listing requirements, Chris Ugwu in this write-up examines its need in the nation’s fledging capital market. Unlike some of the markets in other climes, since the beginning of the econom...