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Apapa Gridlock: Lagos Reconstitutes Security Task Force Panel

wharf road apapa

The Lagos State Government has re-constituted the Joint Security Task Force, which was established to tackle Apapa gridlock and other security threats brought about by the blockade of major roads by tanker and containerised truck drivers, in the area. The Apapa gridlock, in the past few weeks, had worsened due to breakdown of operations at the ports located along the axis. Rising …

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18 killed In Borno Multiple Blasts

Borno Bomb Blast

No fewer than 18 people, including four suicide bombers, were killed in multiple explosions near Maiduguri, Borno capital, on Wednesday. Four bombers infiltrated a remote community, Muna Gari, on  the outskirts of Maiduguri, on Wednesday, as some Muslim faithful were observing their sunset prayers . The bombers detonated explosives strapped on their bodies, killing themselves and 14 others. Police spokesman, …

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FG to Hire Malaysian Experts For N458 Million To Implement Economic Plan

MINSITER OF BUDGET

The Federal Executive Council on Wednesday approved the retention of Malaysian consultants to help conduct a study that would aid the implementation of the President Muhammadu Buhari administration’s Economic Recovery and Growth Plan. The Minister of Budget and National Planning, Udo Udoma, disclosed this to State House correspondents at the end of a meeting of the council presided over by …

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CBN Registers 285 More BDCs, Operators Hit 3,432

CBN Logo

The Central Bank of Nigeria (CBN) has registered an additional 285 foreign exchange dealers, bureau de change operators, in the country between January and September this year. The Association of Bureau De Change Operators of Nigeria (ABCON) said the exercise would further deepen the retail foreign exchange segment of the market. According to the apex regulatory agency, as at September …

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Capital Market Operators Urged to Adapt to New Business Environment – Mounir Gwarzo, SEC DG.

DG-SEC-Mr.-Mounir-Gwarzo

The Director General of the Securities and Exchange Commission, Mr. Mounir Gwarzo has urged capital market participants to constantly adapt to new and rapidly changing economic, regulatory and business environments which will aid them  in performing their expected roles in economic development of the nation. He mentioned this during his opening remarks at the 21st Annual conference of the Chartered …

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JAMB Announces 2018 UTME Date, Sale Of Forms

jamb

Joint Admissions and Matriculation Board (JAMB) on Wednesday announced that March 9 to 17, 2018, have been chosen for the conduct its 2018 Unified Tertiary Matriculation Examination (UTME). It also announced that sale of registration form will commence on November 22 and will run till January 22, 2018.  The Board also announced that its mock exams will run from between …

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FG Targets N311 Billion From Asset Sale, Privatization In 2018 Budget

MINSITER OF BUDGET

The Federal Government is aiming to generate of N311 billion from privatisation of public properties and the sale of national assets next year to partly finance the 2018 budget. This is contained in the 2018 budget proposals submitted last Tuesday to a joint session of the National Assembly by President Muhammadu Buhari. The Minister of Budget and National Planning, Udo …

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Oando JV Boosts Agric In Niger Delta

OANDO LOGO

Oando and its Joint Venture (JV) partners the Nigerian National Petroleum Corporation (NNPC) and Nigeria Agip Oil Company (NAOC), have given a boost to agriculture through training and giving assistance to farmers leading to greater awareness on what farmers should do to increase yield. As a result of the increased awareness on the agric sector’s growth potential, oragnisations such as …

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Osinbajo Tasks D-8 Countries On Industrial Cooperation, Others

Yemi Osinbajo

Vice President Yemi Osinbajo on Tuesday called on ministers of industry, trade and investment from the developing eight countries to fashion out workable strategies that would boost the level of industrial cooperation and economic integration among them. He said this while declaring open the sixth D-8 Ministerial Meeting in Abuja. The D-8 was established in 1997 to primarily promote industrial …

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UAC of Nigeria Right Issue Opens At N16

UAC logo (1)

UAC Nigeria Plc has announced the opening of its rights issue of 960,432,193 ordinary shares of 50 kobo each at the offer price of N16 per share on the basis of one new ordinary shares for every two ordinary shares held as at October 19, 2017. According to a statement signed by the Head of Listing Regulation Department at the …

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