Photo Caption: From Left: Tony Ibeziako, Head, Domestic Primary Market, The Nigerian Stock Exchange (NSE); Peter Elumelu, Non-Executive Director, Africa Prudential Plc; Oscar Onyema,  Chief Executive Officer, NSE; Chief (Mrs.) Eniola Fadayomi, Chairman, Africa Prudential Plc and Peter Ashade, Managing Director/CEO, Africa Prudential Plc at the Closing Gong Ceremony at the Exchange on Monday. Advertisement

Read More »

Adeife Adebiyi is a 2012 Mass Communication graduate of the University of Lagos (UNILAG). The writer and spa therapist has since capitalised on her interest in arts which she aspires to grow into a big brand. Today she is into embellishment and has produced beautiful frames and unique designs and she has used the social media in marketing her products. …

Read More »

Despite regulatory allegation confronting Oando Plc, trading on the floor of Nigerian Stock Exchange (NSE) on Monday closed on a positive note, as key market indicators went up as witnessed last week. The Nigerian Stock Exchange All Share Index (NSE ASI) and the Market Capitalization increased by 0.12 percent, while the Year-to-Date return stood at 23.91 percent. The All Share …

Read More »

Globally, infrastructure contributes to economic development by increasing productivity and providing amenities, which enhance quality of life and business activities. The debt capital markets (DCM) provide a key avenue through which infrastructural growth can be sustained to promote economic development, and Nigeria is beginning to take a cue from model markets like the United States, United Kingdom and Malaysia, which …

Read More »

Nigeria lost over N51.28bn worth of oil to activities of petroleum pipeline vandals in 2015, the Nigerian National Petroleum Corporation (NNPC) has said. Oil, the mainstay of Africa’s largest economy has been the bone of contention between the government and the Niger Delta militants. The contention is responsible for the loss of national revenue, which has hindered the production of 2.2 million …

Read More »

The Federal Government said on Monday it has completed plans to harmonise road signage and markings in the 36 states of the federation. The Permanent Secretary, Ministry of Power, Works and Housing, Alhaji Mohammed Bukar, disclosed this at the commencement of 23rd national council meeting on works, held in Abuja. He said through the reviewed highway design manual, states would …

Read More »

The Federal Ministry of Information and Culture today joined the growing list of public officials and institutions accused of undermining the effectiveness of the Freedom of Information (FOI) Act, 2011 as Media Rights Agenda (MRA) named the Ministry this week’s inductee into the “FOI Hall of Shame.” In a release made available to Nationalwire.com.ng and signed by Ridwan Sulaimon, Programme …

Read More »

The Lagos State Commissioner of Police, Mr. Fatai Owoseni has said that there would be no rest for criminals in Ikorodu and the entire Lagos metropolis. Owoseni made this known while his men combed the Ikorodu area in search of cultists of the inglorious Badoo group which have unleashed untold terror on residents of the Ikorodu division of Lagos State. …

Read More »

The Nigerian economy is gradually coming out of recession, with the annual inflation falling in June for the fifth straight month, the National Bureau of Statistics said Monday. The bureau said inflation, measured by the Consumer Price Index, fell to 16.10 per cent, lower than 16.25 per cent rate recorded in May. “The latest index represents the fifth consecutive decline …

Read More »

Despite spending over $20 billion on the Turn Around Maintenance (TAM) of the three state owned refineries Fresh facts emerged over the weekend suggesting that the NNPC may have been falsifying data to make Nigerians believe it has indeed enhanced the refining capacity of the nation’s three refineries in Port Harcourt, Warri and Kaduna, with figures presented for Dual Purpose Kerosene …

Read More »