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INEC engages Edo AC, PDP in war of words

INEC engages Edo AC, PDP in war of words

THE Indepen dent National Electoral Commission (INEC) in Edo State, leadership of Action Congress (AC) and Peoples Democratic Party (PDP) yesterday engaged in a war of words over the modalities adopted by the commission to conduct the re-run of the House of Assembly’s election in Akoko Edo constituency 1, scheduled for this weekend.

N-Delta needs healing not amnesty, says cleric

N-Delta needs healing not amnesty, says cleric

PRESIDENT of the North-Western Union Mission of the Seventh Day Adventist Church in Nigeria, Dr. Joseph Adebisi Ola, has said that the solution to the crisis in the Niger Delta lies in diverting all developments to the area, training the youths and offering employment opportunities to the people.

Presidency approves new board for NEXIM

Presidency approves new board for NEXIM

The Presidency has approved a new management board for the Nigerian Export-Import Bank (NEXIM).According to a statement signed by the Special Assistant (Communication) to the Minister of Finance, Deborah Chinwe Okafor, the newly re-constituted board is composed under the Chairmanship of the Deputy Governor, Financial Sector Surveillance Directorate, Central Bank of Nigeria.

Stock market loses N242bn in 2 days

Stock market loses N242bn in 2 days

After two days of the suspension of trading on the five banks’ shares whose managing directors were sacked by the Central Bank of Nigeria (CBN) last Friday, stock market has lost N241.519 billion, as market capitalisation declined from N5.556,091 trillion on Friday last week to close at N5,314,572 trillion, yesterday( Tuesday ).

Insurance stocks drive NSE turnover by 59%

Insurance stocks drive NSE turnover by 59%

Equity trading on the Nigerian Stock Exchange (NSE) was driven, Tuesday, by activity in the Insurance sub-sector, accounting for 58.8 per cent of the market turnover.