Yes market has done three percent below the water. But it is wonderful performance because we have the economy in recession. Even when the economy was not in recession the flow of negative news undermines market performance because the market thrives on news. For example in Meristem, we pride ourselves as a company that provide up to date market information to grow wealth in good time in an atmosphere of transparency.

Eleven insurance companies have indemnified the Nigerian National Petroleum Corporation, NNPC, group’s life insurance for N2.4 billion with a cover period that commenced in April this year to March 31, 2017, Vanguard investigation can reveal.

The protest in Ondo State, over the weekend, took a bloody dimension as a secondary school student was said to have been hit by the tear gas canister, released by the police in dispersing the rioters in Ondo town, near Ife garage.

The Registered Trustees of Advocates for Peoples Right and Justice, has approached the Federal High Court in Abuja, asking it to determine whether the Department of State Service, DSS, has the constitutional powers to investigate corruption allegations.

FEDERAL Government has commenced the pilot phase of the National Housing Programme (NHP) with the sum of N35 billion, as part of efforts to boost the supply of affordable housing units across the country.

ABOUT 120,000 contributors to the National Housing Fund (NHF) have received refunds totaling about N6 billion in 2016.

TO fast track and boost land administration in Lagos state, Lagos Lands Bureau has commenced an Integrated Land Administration and Automation System (ILAAS), that is expected to benefit prospective land seekers, investors and corporate bodies operating in the state, as the system is devoid of all forms of bottlenecks that could slow down and make difficult business of land transactions in Lagos.

STANBIC IBTC has said it plans to increase its allocation to the agricultural sector given the importance of the sector to job creation and economic prosperity and growth.

TOTAL transaction in the Over-the-Counter, OTC market for fixed income and currency market has risen to N10.85 trillion in the month ended September 30, 2016, according to the data from the FMDQ OTC Securities Exchange Plc.

DIAMOND Bank has announced a 16.9 per cent growth in total assets to N2.05 trillion for the nine month period ended September 30, 2016 from N1.75 billion posted in the corresponding period in 2015.

ACTIVITIES on the Nigerian Stock Exchange, NSE, last week continued on a negative note as investors lose N104 billion, thereby bringing the total losses in two consecutive weeks to N195 billion.

Industry Heads (CeBIH) and Systemspec have resolved to work together to deepen the electronic payment industry in the country.

NIGERIA Electronic Fraud Forum (NeFF)has raised alarm over increasing social engineering attacks on bank customers.

VOICES4Change (V4C) a Non Government Organisation (NGO) is set to host the Emir of Kano, Sanusi Lamido, Women’s Activist, Dr. Amina Salihu, Richard Mofe-Damejo, Joke Sylver, among others at the “Men for 50-50 Conference.” Voices4Change is a programme implemented on October 1, 2013 and is being funded by UK AID, working to strengthen the enabling environment for gender equality in Nigeria.

The Presidency has warned journalists and other Nigerians to stop linking President Muhammadu Buhari with the travails of some judges arrested in the country recently.