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Shareholders get N158b dividends from 9 banks in 2015

Shareholders of nine banks quoted on the Nigerian Stock Exchange, NSE received 42.2 per cent or N158.4 billion as Return on Investment, ROI , out of the total banks’ Profit After Tax, PAT, of N375.8 billion for the financial year, 2015. Financial Vanguard’s findings showed that the nine banks’ PAT declined by N11.1 billion or 2.9 per cent as they recorded a total of N375.8 billion for the financial year, 2015 when compared to the figure of N386.9 billion recorded in 2014.

Holy year of Mercy

JUST before mass ended on Sunday at an outpost of St. Edward’s Catholic Church in Eziowelle, the hometown of Francis Cardinal Arinze, the priest invited a young man to make an announcement. The fellow said he had come from the Justice Development and Peace Commission, JDPC, to propagate the corporal works of the Year of Mercy.

Weak head, strong centre and cold feet

THESE are interesting times to live in Nigeria. Senate President, Bukola Saraki and his Deputy, Ike Ekweremadu are hurled before the courts on criminal charges of allegedly forging the Senate Standing Rules 2015. It raises intriguing questions; can the Senate forge its own rules? Which body but the Senate can determine what its rules are? Which forensic expert can detect the original Rules of the Senate from a forgery if the Senate claims that the latter are its actual rules?

PDP Wants EFCC, Reps to probe Obaseki on N5.5bn deal

The Edo State chapter of the PDP has called on the House of Representatives and the Economic and Financial Crimes Commission (EFCC) to expedite action on its investigations into the alleged N5.5 billion deal involving the APC governorship candidate, Mr. Godwin Obaseki.

Why we’re joining Sheriff’s PDP — Iduoriyekemwen, Agbonayinma

Mr Matthew Iduoroyekemwen, who came second with 13 per cent of the votes in last Monday’s governorship primaries of the PDP is set to cause heartaches for the party with his decision to purchase the governorship form of the rival primary being organised by Senator Ali Modu Sheriff led faction of the party.

Ripples in NIPOST over absence of Post Master-General

ThE non-appointment of a substantive Post Master General, PMG, for the Nigeria Postal Agency, NIPOST, about 10 months after the former PMG proceeded on retirement, is now causing ripples as workers have started complaining that the entire organisation had become rudderless.

FG, Diamond Bank partner to develop entrepreneurs

Diamond Bank Plc, a quoted bank on the Nigerian Stock Exchange, NSE is partnering with the Federal Government to develop entrepreneurial skills among youths as a way of addressing the increasing rate of unemployment. The bank has been involved in entrepreneurial programmes and has announced the launch of the 3rd phase of the Building Entrepreneurs programme tagged “BET 3”.

NPFL stars to participate in ‘LaLiga’

An All Stars cast of the Nigeria Professional Football League (NPFL) players will embark on an international friendly tour of Spain as part of the recently signed Memorandum of Understanding (MOU) between the the League Management Company (LMC) and the Spanish Football League, LaLiga.

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