Friday Ekeoba

FAAC: FG, 36 states share N2.56trn in 6 months

… Akwa Ibom, Lagos, 8 others top list The Federal Government, 36 states of the federation and the Federal Capital Territory (FCT) have so far shared N2.56 trillion in the first half of 2017 from the Federation Account Allocation Committee (FAAC), an investigation by Economic Confidential has revealed. Diligent search and careful computation by the Economic Intelligence magazine showed that apart …

Read More »

NSE Market Indicators Ends The Week On Positive Note

Business transaction on Friday August 18, 2017 closed the week on a positive note, as the Nigerian Stock Exchange (NSE) key market indicators increased by 1.66 percent, bringing the year to date return stood at 37.38 percent. With this development, it means the market only experienced positive move in two days and negative trends in three days during the week …

Read More »

Shareholders Approves Reduction In Share Capital of Prestige Assurance … Settles Dana Air Claims

The board of directors of Prestige Assurance Plc on Friday August 18, 2017 at its 47th, Annual General Meeting (AGM) in Lagos received shareholders’ approval to reduce the issued share capital of the company from N2,685,216,000 to N1,908,705,000 by cancelling and extinguishing 1,553,022,000 of the issued ordinary share of 50 kobo each. Also the company said it has successfully paid …

Read More »

Buhari lands in Abuja, ignores guard of honour

Exactly 102-days today, President Muhammadu Buhari finally arrived Abuja after his stay in London, United Kingdom, where he had been receiving medical attention since May 7. The presidential aircraft that conveyed the President landed at the Presidential Wing of the Nnamdi Azikiwe International Airport, Abuja, at about 4.35pm. The President disembarked from the aircraft, NAF 001, at about 4.48pm. He …

Read More »

Why Revenue Agencies Deliver Poor Services – Bureau

Touting and obsolete equipment are among factors causing poor service delivery in International Passport, Vehicle Drivers’ Licence, Tax Clearance Certificate and National Identity Card, a new study have shown. The study presented yesterday by the Bureau of Public Service Reforms (BPSR), was part of a research conducted to identify common constraints and incentive problems in service delivery in Nigeria. Other …

Read More »

Govt agrees to pay varsity teachers N23b allowances

UNIVERSITY teachers won a major battle yesterday. The Federal Government granted their request that their N23billion outstanding Earned Allowances be released. The money will be released next week, Minister of Education Adamu Adamu said. The government said the Nigerian Universities Pension Management Company matter  would be resolved with the Pension Commission in the next one week. But he reiterated the …

Read More »

Bad habits for your heart

Everyone wants to have a healthy heart. Still, cardiovascular disease affects more than one  in three adults globally. The good news is that some simple, everyday habits can make a big difference in your ability to live a healthy lifestyle. Watching TV Sitting for hours on end increases your risk of heart attack and stroke, even if you exercise regularly. …

Read More »

Nigerian Bar Association Closing Gong Ceremony  to commemorate their 57th Conference at NSE

Photo Caption: From Left: Konyin Ajayi, Nigerian Bar Association (NBA); Mrs Amina Oyagbola, NBA;  Oscar  Onyema, Chief Executive Officer, NSE; Mr. Abubakar  Mahmoud, SAN, President, NBA; Mr Isiaka Olagunju General  Secretary, NBA;  Mrs Mfon Usoro, NBA at the Closing Gong Ceremony  to commemorate the 57th edition of the Nigerian Bar Association’s Annual Conference on Thursday  at the Exchange in Lagos. Advertisement  

Read More »