Despite a stream of disappointing second quarter, 2016 economic data, negative GDP growth, declining capital importation, rising unemployment rate and up trending July inflation that hit the market last week, the Nigerian stock market rebounded from previous week’s loss, with […]
The Central Bank of Nigeria, CBN, has re-admitted the United Bank for Africa (UBA) Plc into the foreign exchange market. The CBN had on Tuesday suspended UBA alongside eight other banks from participation in the foreign exchange market. The eight others […]
The period was such an in opportune moment in the Nigerian history, when citizens have become so frustrated with the scarcity of petroleum products, that you could proclaim the virtue of being a magician and promise to wand a rod […]
The International Monetary Fund (IMF), the European Union (EU) delegation to Nigeria and the Lagos Chamber of Commerce & Industry (LCCI), among others, hailed the policy. IMF spokesman Gerry Rice told a weekly news briefing that the Fund wanted to […]
The much awaited forex guideline by the Central Bank of Nigeria has been officially released. Governor of the Central Bank, Godwin Emefiele released the guideline in a press conference on Wednesday. Summary of the Press Conference held by the Governor […]
Until last Thursday afternoon, Mrs Bridget Abahime, an indigene of Orodo town, Mbaitoli LGA in Imo State was selling plastic materials at the popular Kofar Wambai market in Kano. An altercation with a neighbor with whom she reportedly had some […]
The House of Representatives is in the process of tightening regulations in the stock market to ensure that the investment of Nigerians and other players are protected from fraudulent operators, Speaker of the House of Representatives, Rt Hon Yakubu Dogara, […]
The police in Kano has arrested 3 persons in connection with the alleged murder of 74 years woman, Madam Bridget Agbahime by mob at Kofar Wambai market last Thursday. Madam Bridget Agbahime, 74 was lynched Thursday at Kano market by […]
Kano state governor, Abdullahi Umar Ganduje and prominent community and religious leaders, on Friday night, strongly condemned the killing of an Igbo market woman, Madam Bridget Agbahime, at Kofar Wambai market in Kano city, by suspected hoodlums. Director General on […]
A woman has narrated how she was kidnapped by suspected Boko Haram militants, stripped and strapped with explosives, and asked to bomb a popular textile market in Kano. The Kano State Police commissioner, Abbati Maigari Dikko, on Sunday brought mother-of-three […]
Gov. Abdullahi Umar Ganduje of Kano state has said that his Lagos state colleague, Mr. Akinwunmi Ambode “appears positive” after considering the implication of relocating the popular Mile 12 market in Lagos, to Imota, in the outskirts of the state […]
When I strongly criticized the Minister of state for petroleum, Ibe Kachikwu for artificially creating a fuel scarcity by in his words, “saving fuel from Nigeria’s refineries for the rainy day,” and of course, not importing enough, while I thought he […]
