Zenith Bank Nets N193bn Profit, Offers N2.50 Dividend

Zenith Bank Plc, on Tuesday presented its much awaited audited financials for the year ended December 31, 2018, indicating that although there was a drop in earnings income, profit after tax soared to N193.147bn, up from the previous year’s N173.472bn. This represented Earnings Per Share of N6.15, as against the previous N5.53, out of which […]

NBS: FAAC Disbursed N270.17bn To FG In January

The Federation Account Allocation Committee (FAAC), disbursed the sum of N270.17 billion to the Federal Government in January, 2019, the National Bureau of Statistics (NBS) has disclosed. The NBS said this in FAAC January, 2019 Disbursement statistics posted on its website. According to the bureau, the states received a total of N178.04 billion while local […]

DSS Issues Disclaimer for Ex-DG Lawal Daura

The Department of State Services has issued a disclaimer for former director-general Lawal Daura who was sacked last year, after mounting a blockade of the National Assembly. In a rare statement on Tuesday by spokesman Peter Afunanya, the secret service agency warned that “any person or group that further engages him or his representatives/associates does […]

Total Top Losers Table As Nigerian Stock Exchange Is Down By N196B

The Nigerian Stock Exchange (NSE) on Monday reacted negatively to sudden election postponement, dropping by N196 billion as predicted by financial experts. Specifically, the market capitalisation shed N196 billion or 1.61 per cent to close at N12.004 trillion against N12.200 trillion on Friday, due to the postponement. Also, the All-Share Index which opened at 32,715.50 […]

Alleged N115m Fraud: Gwarzo Must Not Go Free- CACOL

The Centre for Anti-Corruption and Open Leadership, CACOL has urged the new ICPC Boss to ensure that the weighty allegations against suspended Director General of the Securities and Exchange Commission, SEC, Mounir Gwarzo are not swept under the carpet, but rather be made to face the consequences of his actions. In a petition addressed to […]

Application For The Tony Elumelu Foundation Entrepreneurship Programme Closes March 1

The Tony Elumelu Foundation, an African-funded and founded philanthropy committed to empowering African entrepreneurs has announced its last call for applications into its prestigious 2019 Entrepreneurship Programme. The application portal launched on the 1st of January 2019 will close on the 1st of March, 2019. Selected beneficiaries will join 4,470 current alumni and will receive […]

Buhari Showing His True Colours With Death Threat, Says Atiku

Alhaji Atiku Abubakar, presidential candidate of the Peoples Democratic Party (PDP), says threatening people with death in context of election is incitement to electoral violence. Atiku was reacting to a statement credited to President Muhammadu Buhari that ballot-snatchers will pay with their lives. In a statement on monday, Phrank Shaibu, aide to Abubakar, quoted his […]

Buhari Is Inciting Military And Police Against Nigerians- Secondus

…Says Top APC Leaders Now Licensed To Brutalize The People The National Chairman of the Peoples Democratic Party, PDP, Prince Uche Secondus has said that President Muhammadu Buhari in his desperation to cling on to power has given marching order to the Nigerian military and Police to help leaders of the All Progressives Congress, APC, […]

INEC

INEC Lifts Ban On Political Campaigns

The Independent National Electoral Commission (INEC) has lifted ban on political campaigns, allowing parties to tighten “lose ends” ahead of the February 13 Presidential election. Disclosing this in a statement on Monday night in Abuja, the National Commissioner with the INEC and Chairman, Committee on Information and Voter Education, Mr Festus Okoye, said that the […]