admin

*Pakistan SC Accuses Ruling Shehbaz Sharif Govt For ‘helping People Jump Court Gates’ Pakistan Supreme Court chief justice Umar Ata Bandial has found himself in the crosshairs of the ruling coalition after granting relief to ousted prime minister Imran Khan last week. Angry protesters belonging to the Pakistan Democratic Movement (PDM) are brandishing posters saying […]

•Says Number Out Of School Has Dropped •Approves N14bn For Npower Beneficiaries •Okays Implementation Of Employees Compensation Act 2010 •Approves Aviation Leasing Company The Extraordinary Executive Council of the Federation (FEC), presided over by Yemi Osinbajo, has approved the establishment of 36 new private universities across the country following a memo presented by the Ministry […]

Vice Presidential candidate of the Labour Party (LP) Yusuf Datti Baba-Ahmed, has said that Nigeria’s constitution must be followed to the letter in electing president. Datti, who spoke on Monday at a conference organised by the Coalition of Nigerians living in the United Kingdom with theme; “Nigeria on Trial: Does Democracy Matter”? which took place […]

UK Finance Says Over £1.2bn Stolen through Fraud in 2022 Over £1.2 billion was stolen through fraud in 2022, a reduction of eight percent in 2021. The number of fraud cases across the UK was down four per cent to almost three million cases. according to a new finding by UK Finance. Within the total […]

Naira Tumbles over Fresh Forex Demand Pressure Demand for foreign currencies spiked, albeit, marginally across the foreign exchange market, pushing the exchange rate curve upward. In the official market, more naira was required to obtain the United States dollar. A similar pattern was witnessed in the parallel market where the Nigerian naira is being freely […]

FBNH Sees Surge in Investors’ Positioning Despite Earnings Delay Based on the previous pattern, unknown hands are mopping up FBN Holding Plc shares, pushing its market price higher despite no new information about the group earnings performance or outlook. Broadstreet elephant branded financial services group, FBN Holdings is gaining popularity among value hunters trading highs […]

Ardova Jumps 38%, Share Price Eclipses Offer to Buy Minority Interest Ardova Plc’s market valuation jerked up significantly, rising by about 38% in seven days following a report that its major shareholder has completed the final payment for asset transferred. Traded at N26.4/ share at the close of the trading session on Frida, Ardova Plc’s […]

FCMB Rises after Insiders’ Shares Purchase FCMB Plc’s market valuation rose moderately after last week after records share purchases made by the tier -2 bank’s directors on May 10, 2023. These insiders add more shares to their portfolio after the completion of the annual shareholders meeting in April where a final dividend of 25 kobo […]

FG Spends N1m Per Inmate Annually, Says Aregbesola Nigeria spends N1 million annually to cater for each of the inmates at the correctional facilities in the country. Sola Fasure, the Media Adviser to the Minister of Interior, Rauf Aregbesola, made this known in a statement in Abuja. According to the statement, the minister said this […]

Yield Slumps to 14% Ahead of Inflation, Bond Auction The average yield on the Federal Government of Nigeria (FGN) bonds declined to 14% as the asset, fund managers went into solitary ahead of inflation data, and debt management office (DMO) auction sales on Monday. Nigeria’s debt office will be offering instruments worth N360.00 billion through […]

Projects Concession to Boost FG’s Revenue by N647bn – Regulator The Infrastructure Concession Regulatory Commission (ICRC), said the approval for the concession of its four projects by the Federal Executive Council (FEC) would attract N647.7 billion in revenue to Nigeria. This is contained in a statement signed by Ifeanyi Nwoko, Acting Head, Media and Publicity, […]

Kaduna to Enrol 145,553 Out-of-School Children The Kaduna State Universal Basic Education Board (Kaduna SUBEB) has begun a campaign to enrol 145,553 out-of-school children in schools, under the World Bank-supported Better Education Service Delivery for All (BESDA) programme. Mrs Esther Jibji, the Board’s Desk Officer Area I Lead, BESDA, made this known at the opening […]