Politics

2019: Journalists tasked on Professional Ethics

Nigerian Journalists have been asked to uphold professional ethics as they prepare to cover the 2019 general elections. The call was made by Professor of Journalism, Communication and Media Studies, Ajayi Crowther University, Oyo, Oyo State, Professor Muyiwa Popoola at a recent training for Journalists drawn from the South West geopolitical zone. Organised by the International Press Centre (IPC) and …

Read More »

Femi Otedola Dumps Forte Oil, Notifies The Exchange

Nigerian billionaire businessman, Femi Otedola is set to sell his 75 per cent direct and indirect shareholdings in Forte Oil. This was revealed by the Nigerian Stock Exchange in a statement on its website on Monday. The statement was signed and made available to reporters by Akinleye Olagbende, the  General Counsel of the company. The statement entitled ‘notification of divestment by the …

Read More »

FG Declares Dec. 25, 26; January 1 As Public Holidays

The Federal Government has declared Tuesday, 25th, Wednesday 26th December 2018 and Tuesday 1st January 2019 as Public Holidays to mark the Christmas, Boxing Day and New Year Celebrations respectively. The Minister of Interior, Abdulrahman Bello Dambazau, made the declaration on behalf of the Federal Government in a statement signed by the ministry’s Director of Press, Mohammed  Manga on Wednesday …

Read More »

NSE Announces Its Sustainability Disclosure Guidelines

Nigerian-Stock-Exchange

… Reporting becomes effective January 1, 2019 … Joins 39 SSEI members with ESG reporting Guidance In fulfilment of its desire to champion sustainable capital market practices in Africa, The Nigerian Stock Exchange has announced that its Sustainability Disclosure Guidelines has been approved by The Securities Exchange Commission (SEC). The Nigerian Stock Exchange recognizes that the promotion of Environmental, Social and Governance (ESG) principles …

Read More »

Stanbic IBTC Emerges Biggest Winner at 2018 NSE CEO Awards

In validation of their market leadership, expertise and the high standard of service quality to both local and international clients, Stanbic IBTC Stockbrokers Limited and Stanbic IBTC Capital Limited, members of Stanbic IBTC Holdings PLC, emerged the biggest winners at the recently held 2018 NSE CEO Awards, picking five out of ten award categories. Stanbic IBTC Stockbrokers Limited won two …

Read More »

Ex-Chief Of Defence Staff, Alex Badeh Assassinated

Dayo Emmanuel Former Chief of Defence Staff, Air Chief Marshall Alex Badeh has been assasinated. The news of his death came as a rude shock to Nigerians on Tuesday evening. Details of his death are still unknown but it was suspected to be an assasination. Advertisement A tweet from an Airforce officer, Air Commodore Ibikunle Daramola @KunleDaramola3 reads, “It is …

Read More »

NBA President, Usoro Docked For Laundering N1.4billion

The President of the Nigerian Bar Association (NBA), Mr. Paul Usoro (SAN) was on Tuesday finally arraigned before a Federal High Court in Lagos for allegedly laundering N1.4 billion. Usoro who was brought to court by the Economic and Financial Crimes Commission (EFCC), however pleaded not guilty to the ten count charge and was admitted to bail in the sum …

Read More »

Nigeria Pays Oil Marketers N236b

The Chief Operating Officer, Downstream, Nigerian National Petroleum Corporation (NNPC), Mr  Henry Ikem-Obih, has disclosed that  the Federal Government has paid the agreed N236 billion as first tranche of the outstanding subsidy claims to oil marketers Ikem-Obi, who disclosed this in an Interview with the News Agency of Nigeria (NAN) on Monday in Abuja, explained  that government, through the Central Bank, …

Read More »

Whistle Blowers’ Charged For Conspiracy To Rob Gov Dickson To Remain In Prison

By Amos Okioma, Bayelsa Five suspects who are being tried by Bayelsa Government for conspiracy to rob Governor Seriake Dickson of Bayelsa at his country home would remain in prison custody till January 31, 2019. The development followed an adjournment of the trial by Justice E.T Okara after cross examination of prosecution witness by the defense counsels, Julius Eyokoragha and Stanley Damabide. …

Read More »

DMO Unveils N100bn Sukuk2 Bond

PATIENCE ONIHA DG DMO

The Debt Management Office (DMO), has called for more private sector involvement in sovereign sukuk, to boost infrastructure development and support Federal Government’s efforts towards sustainable economy. With the success recorded on the first N100 billion Sukuk bond issued last year, the Federal Government, the DMO has unveiled the second N100 billion sovereign Sukuk, which offer is expected to close …

Read More »