No Picture
Politics

Posters in Abuja: Is Wike for president?

Governor Nyesom Wike has witnessed rising profile in the north in recent time. This has however, been followed by his posters springing up in Abuja for the presidency. The Government House in Port Harcourt has issued a strong denial for this, but a faction of the All Progressives Congress (APC) in the state with strong […] Read Full Story

No Picture
Politics

Prominent Nigerians converge on restructuring

The issue of restructuring is increasingly getting more traction across the country. It is believed in many quarters that Nigeria may not make the desired progress unless the country undergoes some form of restructuring. More eminent personalities in Business, politics, the academia and other fields of endeavour are converging on this sensitive topic as can […] Read Full Story

No Picture
News

Telcos take NIN registration closer to Nigerians

NIMC

For many Nigerians who continue to besiege the National Identity Management Commission (NIMC) centres nationwide but yet failing to enrol for the National Identification Number (NIN), the process may have just become easier with the coming on board of telecommunications operators. Globacom announced on Friday it has fully commenced registration at several of its retail […] Read Full Story

No Picture
Coronavirus

COVID-19: Dubai bans passengers who transited via Nigeria in last 14 days

United Arab Emirates airport

Dubai has announced that no passenger may enter the city from any other country or station if they have visited or transited via Nigeria in the last 14 days. The United Arab Emirates city insists that passengers travelling to Dubai from Nigeria must travel directly. In a travel protocol update to passengers dated January 29, […] Read Full Story

No Picture

NSE emerges Africa’s best performing stock exchange in January

7.10%), the NSE ranBloomberg World Equities Index ranking.

Equities ended the month +5.32% firmer. In USD terms (+7.10%), the NSE ranked 7th according to Bloomberg World Equities Index ranking. Oil & gas stocks finally halted the weeklong losing streak to finish higher, +0.63%. Ardova +8.57% and Oando +2.50% providing support. All other sectors were also finished in green, save for Industrials, with a […] Read Full Story

No Picture
Politics

PDP’s planned conference to focus on security, electoral reforms

Uche Secondus

The Peoples Democratic Party (PDP) said arrangements were on top gear for its planned conference on how to salvage Nigeria and return it to the path of peace, national cohesiveness and economic prosperity. The opposition party hinted that security, economy, electoral reforms and other essentials of national stability were on the front burner as the […] Read Full Story

No Picture

FX market ends week with naira losing 0.63% to dollar

FX market

The foreign exchange market ended the trading week with Nigeria’s currency depreciating by 0.63 percent to N480 compared to N477 at the start of the week. The weakness in the value of the naira against the dollar was due to strong demand and shortage of the greenback despite improvement in the price of oil, Nigeria’s […] Read Full Story

No Picture
Sports

With £1billion debt, Barcelona on verge of bankruptcy

Barcelona’s crippling financial crisis has been laid bare following the impact of the coronavirus. Barcelona are on the verge of bankruptcy after racking up debts close to £1billion, according to reports. The reports also claimed Barcelona still need to to pay back around £375million or risk going into insolvency. At the end of last season, […] Read Full Story

No Picture
Sports

Emirates stadium agog as Arsenal battle Manchester United

Football action from the 2020-21 Premier League, LaLiga and Serie A seasons come alive this weekend, with fascinating and heart-beating fixtures to look out for. The top clash from the Premier League this weekend is the meeting of Arsenal and Manchester United at the Emirates Stadium on the evening of Saturday 30 January. This is […] Read Full Story

No Picture

Manufacturers flag access to credit, forex as impediments to industrial growth

Chief executives of manufacturing companies in Nigeria have listed credit inaccessibility and severe foreign exchange (forex) shortage as major constraints to the growth of the nation’s industrial sector. According to the Manufacturers CEOs Confidence Index (MCCI) for the fourth quarter of 2020 compiled by the Manufacturers Association of Nigeria (MAN), 71 percent of the respondents […] Read Full Story

No Picture

Reps may pass PIB without addressing stakeholders’ concerns

There are indications that the House of Representatives may pass the Petroleum Industry Bill (PIB) currently before the lawmakers without addressing the various concerns raised by critical stakeholders. The lawmakers, on Friday, insisted there was no going back on the passage of the all-important bill by the targeted date of April, 2021. They, however, remained […] Read Full Story

No Picture

Ecobank Group’s revenue rises 7% to N630bn in 2020

Ecobank

Ecobank Group has recorded a revenue of over N630 billion for the year ended December 31, 2020. This represents a 7 percent growth when compared to N586.9 posted in the corresponding period of 2019. In its unaudited report submitted to the Nigeria Stock Exchange (NSE) on Friday, the pan-African bank stated that value of its […] Read Full Story

No Picture
News

Presidency alerts on fresh smear campaign plans against Buhari

buhari

The Presidency on Friday said it has discovered plans to carry out another orchestrated smear campaign against President Muhammadu Buhari using some online newspapers and blogs. The campaign, according to a statement by the Special Adviser to the President on Media and Publicity, Femi Adesina, is scheduled to be launched anytime soon through editorials and […] Read Full Story

No Picture
News

Resume work Feb. 1 or forfeit your salaries, Edo govt tells striking teachers

Osarodion Ogie

The Edo State government has ordered public primary school teachers in the state to resume academic activities on Monday, February 1 or risk forfeiting their salaries. The leadership of the Edo State chapter of the Nigeria Union of Teachers (NUT) had on Wednesday directed its members to ignore the February 1 resumption date proposed by […] Read Full Story