Trading activities on the floor of the Nigerian Stock Exchange (NSE) yesterday gained marginally as major blue-chip companies showed signs of bullish trend, causing market capitalisation and the All-Share Index to close in the green zone. The key...
The Nigeria Deposit Insurance Corporation (NDIC) has stressed the need for the establishment of an explicit investor protection scheme to protect the interest of small investors in the capital market and to boost public confidence among the investing p...
Economic growth in Nigeria, Rwanda and other Sub-Sahara African nations is likely to reach more than five per cent on average in 2013-2015 as a result of high commodity prices worldwide and strong consumer spending on the continent, ensuring that the r...
Nigeria Internet Registration Association (NiRA), regulator of Nigeria’s internet space this morning crashed the cost of .ng, Nigeria’s premium domain names from N7.5 million to N15,000 only in order to increase the use of indigenous regist...
An Abuja High Court yesterday sacked leadership of the Peoples Democratic Party (PDP) Rivers State chapter headed by one Chief Godpower Umejuru Ake, a group believed to be loyalists of the incumbent governor, Rotimi Amaechi. The judgment, according to ...
The Federal Road Safety Commission (FRSC), has called on other government organizations in the country to adopt the International Standards Organization, ISO 9001 standards. The Corps. Marshal of the FRSC, Osita Chidoka, made this call during the...
The National Universities Commission (NUC) in collaboration with Maximum Impact Solutions and Systems Limited (MISS) are holding a reading instructors certification training programme for the Nigerian universities. The five day training programme which...
Chief As Nigerian’s total debt hits $48.49 billion, more concerns are being raised over the rising level of the country’s debt, both home and abroad. Currently, Nigeria’s external debt stock stands at $6.52 billion or N1.016 trillion ...
With a steady liquidity boost, interbank rates stabilised below the Monetary Policy Rate (MPR) of 12 per cent for active tenors in March while the monetary authority became more strategic in its liquidity management drive. According to the Financial Ma...
The widely acknowledged role of small and medium scale enterprises in fostering economic growth and development notwithstanding, the sector has continued to face several challenges. Some of the challenges they face are inadequate inf...
Nigeria spent a total of $6.42 billion on importation at the end of the fourth quarter of 2012, the Central Bank of Nigeria (CBN) has said. The CBN in its External Sector report of the fourth quarter of the year said the amount was spent on the importa...
Fresh facts have emerged indicating possible plot by the management of the Aluminium Smelter Company of Nigeria (ALSCON), UC RUSAL of Russia, to strip the plant of its assets by declaring them obsolete. Revelations in the companys Financial Statements ...
A randy husband Edwin (surname withheld) at the Junior Staff Quarters, Asaba, Delta State, has put his wife’s bosom in the family way three months after wedding. Reports said Edwin’s wife on Thursday last week moved out of her matrimonial h...
Ahead of the 2015 elections, the Alliance for Credible Election (ACE) has warned that the poor planning by the Independent National Electoral Commission (INEC) could undermine the elections. The civil society organisation, which accused INEC of “...
The Nigerian Communications Commission (NCC) yesterday in Abuja unveiled a new five-year strategic management plan to drive its telecom regulatory mandate in the fast evolving telecom industry in the next five years from 2013 to 2017. The formal unveil...