NSE market capitalisation rises by N142bn on post-election ruling

NSE market capitalisation rises by N142bn on post-election ruling

Adewale Sanyaolu with agency reports The Nigerian Stock Exchange (NSE) on Thursday, posted some positive trends on the back of last Wednesday’s post-election tribunal ruling. Specifically, the market capitalisation rose by N142 billion to close at N13.351 trillion against N13.209 trillion recorded the previous session. This pushed the All Share Index higher by 273.11 points […]
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Proposed VAT raise: Senate to invite finance minister, FIRS chair

Proposed VAT raise: Senate to invite finance minister, FIRS chair

The Senate Committee on Finance says it will invite the Minister of Finance and the Chairman, Federal Inland Revenue Service (FIRS), to give details on reasons for the proposed increase in Value Added Tax (VAT). The Chairman of the Committee, Solomon Adeola, made the disclosure in a statement issued by his Media Adviser, Mr Kayode Odunaro, […]
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Zambian music stars relive inspirational stories on African Voices Changemakers sponsored by Glo

Zambian music stars relive inspirational stories on African Voices Changemakers sponsored by Glo

Two Zambians who have contributed positively to the growth and development of music and dance in their country will this weekend take centre stage on Glo-sponsored African Voices Changemakers series currently running on Cable News Network (CNN). The guests include Taonga Tembo and Mwila Musonda. The programme comes up on DSTV on Friday at 8.30 […]
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How renewable energy supply can add value to real estate

How renewable energy supply can add value to real estate

Maduka Nweke, manweke@gmail.com Poor electricity to Nigerian homes has dropped to a  level where private individuals are searching for personal solutions. Although government has made some promises at various levels, these have amounted to  mere lip services to tackling the problems. A number of  government officials live in homes that enjoy power supply ceaselessly with tax […]
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Federal, States, LGs Get N3,84trn FAAC In Six Months – NEITI

  The Federal, States and Local governments shared N3.84trillion allocations between January and June 2019. This is according to the latest edition of Nigeria Extractive Industries Transparency Initiative (NEITI) Quarterly Review. In a statement by NEITI’s Director, Communications and Advocacy, Orji Orji, that the Federal Government received N1.599 trillion, the 36 states got N1.335 trillion … Continue reading Federal, States, LGs Get N3,84trn FAAC In Six Months – NEITI …

Nigeria can attain economic buoyancy with sound fiscal policies — Lycuem Alliance boss

The Managing Director / CEO of Lycuem Alliance Limited, Dr Jekwu Ozoemene has said that Nigeria can only attain economic buoyancy with sound economic and fiscal policies. Ozoemene, who is a financial expert said this on Friday, during a lecture organised by Owner Manager’s Programme (OMP) 22 Class of 2016, Lagos Business School at Best Western […]
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Akwa Ibom gets 10th CP, Zaki Ahmed, in 2 years

Akwa Ibom gets 10th CP, Zaki Ahmed, in 2 years

Joe Effiong, Uyo A new commissioner of police has once again been posted to Akwa Ibom State. He is Zaki Ahmed. He is the 27th commissioner of police in the state, ten of which have been deployed and redeployed in quick succession in the last two years. A statement signed by the Police Public Relations […]
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Bindo congratulates Fintiri, says I cherish democratic norms and values

The Executive Governor of Adamawa state and candidate of All Progressives Congress (APC) Sen Muhammadu Umar Jibrilla Bindow has congratulated governor-elect, Rt Hon Ahmadu Umar Fintiri, who has been declared the winner of the governorship election of the state under the flag of People’s Democracy Party (PDP)  Fintiri in an official letter said he cherishes […]
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Fear of reprisal attack as policemen allegedly kill NURTW chairman in Uyo

Joe Effiong, Uyo Fear of reprisal attack has enveloped Uyo, the Akwa Ibom state capital, following the alleged murder of the Chairman of the Nigerian Union of Road Transport Workers (NURTW), Ubong, Udo Udofia, by some policemen. Udofia, 45, popularly called ‘Evolution,’ was said to have been clubbed to death with guns by four policemen, […]
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Oba Akiolu remains Oba of Lagos, court rules

Justice A. Candide Johnson of an Ikeja High Court on Friday dismissed a suit seeking to oust Rilwan Akiolu, as the Oba of Lagos. Justice Candide Johnson held that the claimants, Prince Adedoyin Adebiyi and Prince Rasheed Modile, two members of the Lagos royal family, failed to prove their case. The Judge ruled that the […]
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