SEC exonerate NAHCO Former Chairman in Response to EFCC The Securities and Exchange Commission (SEC) has exonerated the immediate past chairman of Nigerian Aviation Handling Company Plc (NAHCO) Malam Yahaya Suleiman on allegations leveled against him. This was contained in a response to the Acting Chairman Economic and Financial Crimes Commission (EFCC) Ibrahim Magu on a petition addressed to the …

The planned concession of the Nigerian Railway Corporation (NRC) was on Wednesday in Lagos endorsed by staff of the corporation. The employees however called on the Federal Government to pay their entitlements. The workers under the aegis of the Nigeria Union of Railway Workers and the Senior Staff Association Nigeria Railway Branch, said they were in support of the concession …

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Nigeria records increased oil output ahead OPEC production cut talks OPEC has said that its 14 members pumped 33.64 million barrels a day (mb/d) in October, 236,000 barrels more than in September. According to AFP, this was contained in the organisation’s November monthly report. The organisation of the Petroleum Exporting Countries agreed in September in Algiers to trim production but …

Senate Set To Strengthen AMCON’s Debt Recovery Drive The Chairman of Senate Committee on Banking, Insurance and other Financial Institutions, Senator Rafiu Ibrahim yesterday in Uyo hinted that the time would soon run out on recalcitrant obligors of Asset Management Corporation of Nigeria (AMCON), given the renewed commitment of the Senate to build strategic collaborations that would develop greater capacity …

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Olabode Adaramola With few days to the World Cup qualifying match between the Super Eagles of Nigeria and the Algeria national team, a former chairman Technical Committee of the Nigeria Football Federation, Mallam Suleiman David has advised the supper eagle players to put behind them the issue of money and ensure they beat their opponents in Saturday’s match in Uyo. …

EDC Fund Management launches Mutual Funds  EDC Fund Management , the Asset Management arm of Ecobank in Nigeria has announced the launch of two mutual funds –  The EDC Nigeria Money Market Fund, and the EDC Nigeria Fixed Income Fund. The mutual funds gives customers of the Corporation and other interested Nigerians the opportunity to diversify their investment portfolio with as …

Dayo Emmanuel President Muhammadu Buhari has congratulated United States’ President-Elect Mr. Donald Trump who emerged winner of the presidential election yesterday. In a statement from the Presidency, President Buhari  said, “As Mr. Trump prepares to assume the position of the President of the United States, I extend my good wishes to you on the onerous task of leading the world’s …

  ‎Pa Laniwun Ajayi’s Legacy Lives on        -Hon. Oladipupo Adebutu Folake Sokoya Honourable Oladipupo Adebutu representing Ikenne/Sagamu/Remo Federal Constituency in the House of Representatives has described the death of elder statesman, Sir Olanihun Ajayi as a great loss, not only to the Yoruba people, but the whole of Nigeria. According to Honourable Adebutu while paying a condolence …