NSE divests from CSCS

NSE divests from CSCS

By Michael Eboh & Providence Obuh The Nigerian Stock Ex change (NSE) has announced a significant reduction in its holdings in Central Securities Clearing System from 100 per cent to 30 per cent. This, according to the Director-General of the NSE, Professor (Mrs.) Ndi Okereke-Onyiuke, means that the CSCS is no longer a subsidiary of […]
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FG pledges to upgrade Lagos-Benin road

FG pledges to upgrade Lagos-Benin road

By  Jude Njoku AKURE—The Works    and Housing Minister, Dr. Hassan Lawal, weekend, promised that the Federal Government will accord the reconstruction of the Lagos-Benin Expressway top priority. The minister said this while inspection rehabilitation work on the road at Ore, Ondo State. Lawal, who was accompanied by the Governor Olusegun Mimiko, was overwhelmed by the […]

Private networks’ll bring in investors….NBC

Private networks’ll bring in investors….NBC

By Laide Akinboade ABUJA—Director-General, National Broadcasting Commission (NBC), Mr. Yomi Bolarinwa, has said that introduction of private networks in Nigeria will attract private investors to the country. Bolarinwa made this assertion at the weekend during the opening bids for one radio and one television network license for Nigeria. The new networks will ensure healthy competition […]

Senate c’ttee challenges govt on deregulation

Senate c’ttee challenges govt on deregulation

By Emmanuel Aziken Abuja—The Senate Committee on Downstream Petroleum has tasked the Federal Government to take decisive action on the deregulation of the downstream sector of the  industry. The committee chairman, Senator Emmanuel Paulker, also flayed the hoarding of petroleum products by marketers. “The Federal Government that said November 1, has come up to say […]

ECOWAS security ministers call for check on corrupt practices at borders

ECOWAS security ministers call for check on corrupt practices at borders

By Kingsley Omonobi ABUJA—Ministers of security of  ECOWAS  states, at the weekend, urged governments of member states to tackle corrupt practices involving security operatives at the border crossings and international highways stressing that such nefarious acts are the main impediments to free movements of persons and goods. In a communiqué issued at the end of […]

INEC explains staff deployment

INEC explains staff deployment

By Emma Ovuakporie ABUJA—THE  Independent National Electoral Commission (INEC) yesterday said the ongoing deployment of its personnel across the country is to expose them to various operational areas to ensure versatility and effectiveness in the discharge of their responsibilities. The commission stated that the exercise is neither a purge nor action against any of its […]