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Stock market:  Capitalisation up by N14bn

Stock market: Capitalisation up by N14bn

Trading on the Nigerian Stock Exchange resumed Tuesday on a bullish note, after a one day public holiday declared by the Federal Government to commemorate Workers’ day.

WAFU Cup: Siasia banks on Ezeji, Ehiosun to down  Mali

WAFU Cup: Siasia banks on Ezeji, Ehiosun to down Mali

Nigeria will today begin her defence of the West African Football Union Nations Cup trophy she won last year against the Eagles of Mali in Abeokuta, the Ogun state capital. Incidentally, it was the same venue the Super Eagles lifted the trophy last year under coach Daniel Omokachi whose side had just been knocked out of the African Nations Championship qualifiers by Niger.

Jonathan cautioned over Imo polls

Jonathan cautioned over Imo polls

Following the inconclusive Imo State governorship election, a prominent indigene of the state and Chief Executive Officer of American Automotives Limited, Mr. Celes Ejimkonye, has called on President Goodluck Jonathan not to interfere in the state politics as any attempt to do so would rub him of people’s goodwill.

CNPP urges INEC to deregister political parties

CNPP urges INEC to deregister political parties

The Conference of Nigerian Political Parties, CNPP, yesterday has urged the Independent National Electoral Commission, INEC, to begin the de-registering of political parties that performed woefully in the 2011 general elections.

Gunmen kill retired ACP in Uyo

Gunmen kill retired ACP in Uyo

A GANG of assassins, operating on motorcycles, yesterday, shot dead a retired Assistant Commissioner of Police, Mr. Anthony Udom, in broad daylight.

No hard feelings, leaving Fashola’s cabinet- Deputy

No hard feelings, leaving Fashola’s cabinet- Deputy

Outgoing Lagos State Deputy Governor, Princess Adebisi Sosan, has broken her silence on not returning with Governor Babatunde Fashola, SAN, for a second term in office, saying “there is no regret.”

Interbank rates rise as liquidity persist

Interbank rates rise as liquidity persist

Interbank interest rate open the week rising in response to persistent scarcity of funds.
Interest rate on Call lending rose to 11.04 from 10.96, while 7-Days lending closed at 11.46, up from 11.29 per cent.

Global economy to consolidate recovery – IMF

Global economy to consolidate recovery – IMF

The global economy is expected to consolidate on its recovery from the global economic meltdown says International Monetary Fund (IMF) Deputy Director, African Department Mr.Saul Lizondo said this during the launch of IMF’s Semi-Annual Sub-Saharan African Regional Economic Outlook held in Lagos.

Judges’ absence stalls Akingbola’s arraignment

Judges’ absence stalls Akingbola’s arraignment

The planned arraignment of the former Managing Director of the Intercontinental bank Plc, Dr. Erastus Akingbola before a Lagos High Court by the Economic and Financial Crimes Commission, EFCC, was, yesterday, stalled as virtually all judges in the state High Court were absent.

SON adopts new strategies to end substandard products in economy

SON adopts new strategies to end substandard products in economy

The Standards Organistaion of Nigeria (SON) has adopted new strategies to end the entry of substandard products into the economy over the next four years. These strategies were contained in a five -point agenda unveiled by the new Director General of SON, Dr Joseph Odumodu.