Our poverty alleviation programmes have achieved their aims, says Udoma

Senator Udoma Udo Udoma, Minister of Budget and National Planning The Federal Government’s initiatives designed to reduce poverty in the country have achieved its objectives, said the Minister of Budget and National Planning, Senator Udoma Udo Udoma on Tuesday. Udoma stated that the implementation of these programmes has made many Nigerians, particularly More...

by Felix OLOYEDE | Published 12 hours ago
By Felix OLOYEDE On Tuesday, January 22nd, 2019
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Afrinvest forecasts Nigerian equity market recovery after general election

Ike Chioke, Group Managing Director, Afrinvest Nigerian Stock Exchange would recovery after the February  general election, Afrinvest (West Africa) Limited, has projected. The investment firm believes some of More...

By Felix OLOYEDE On Tuesday, January 22nd, 2019
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Banking, oil and gas sector lift Nigerian equity market 0.01%

The Nigerian Stock Exchange By FELIX OLOYEDE The Nigerian equity market recorded 0.01 per cent marginal gain on Tuesday, on the back of appreciation by Banking sector and Oil and gas sector. The All Share Index More...

By Felix OLOYEDE On Tuesday, January 22nd, 2019
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PENGASSAN calls for revocation of idle refineries licences

Comrade Williams Akporeha, National President, NUPENG The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has urged government to revoke the licences issued to non-practising companies More...

By Felix OLOYEDE On Tuesday, January 22nd, 2019
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FG releases N163b to appease striking varsity lecturers

Senator Chris Ngige, Minister for Labour The Federal Government said it has released N163 billion to the universities from the Tertiary Education Trust Fund (TETFund), but striking academics are stalling in calling More...

By Felix OLOYEDE On Tuesday, January 22nd, 2019
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MPC keeps interest rate unchanged for 30 months; expresses worry over insecurity

Godwin Emefiele, CBN Governor The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has on Tuesday maintained benchmark interest rate otherwise known as Monetary Policy Rate (MPR) at 14 per cent More...

By Felix OLOYEDE On Tuesday, January 22nd, 2019
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Council of State approves N27,000 minimum wage

Council of State approves minimum wage The National Council of State on Tuesday endorsed N27,000 as new National Minimum Wage, the Minister of Labour and Employment, Dr Chris Ngige, has disclosed Ngige made this More...

By Felix OLOYEDE On Monday, January 21st, 2019
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CBN assures of Forex for indigenous companies

Godwin Emefiele, CBN Governor The Central Bank of Nigeria (CBN) has reteirated its readiness to facilitate access to foreign exchange by Nigerian companies that wanted to import equipments to ease business growth More...

By Felix OLOYEDE On Monday, January 21st, 2019
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CBN tasks bank customers to report failed e-transactions

Failed instant payment transactions which are not reversed into the customer’s account within 24 hours after complaint by the sender or beneficiary should be reported to the Central Bank of Nigeria (CBN), said More...