United Labour Congress of Nigeria, ULC, weekend pleaded with the Senate to  reject the federal government request to borrow U$2.78 billion and U$87 million foreign loans to refinance existing foreign debts,   q saying: “It is unacceptable to us as it does not make economic and common sense at this time.”

IN a move to impact positively on the Nigerian financial market and entire economy, Association of Stockbroking Houses of Nigeria, ASHON, has moved for the abolition of contract stamp duty in the nation’s capital market as well as a new regime of fees for stockbrokers.

Elder statesman and critic of President Muhammadu Buhari, Bubu Galadima, has said Nigerians must all join hands to send the president back home in 2019 general election.

ABUJA—All Progressives Congress, APC, is making moves to forward the name of one of the contestants in the botched governorship primaries in Zamfara State to Independent National Electoral Commission, INEC.

THE insurance industry in the first half, H’1, of 2018 witnessed marginal decline in profit occasioned by declining purchasing power of Nigerians coupled with increasing cost of living and cost of doing business. Analysts who spoke to Financial Vanguard said that as cost of doing business continues to mount, topline tends not to be growing at the same rate, putting pressure on the bottom-line.

Acting Director General of the Securities and Exchange Commission, SEC, Ms. Mary Uduk has assured investors in the Capital Market that there is nothing to fear on the performance of the stock market as the 2019 election approaches. 

ASABA—The Nigerian Guild of Editors, NGE,  has called on the Independent National Electoral Commission, INEC, to allow votes to count in 2019, noting that vote-buying is a threat to Nigeria’s democracy.

Ilorin—The Nigerian Union of Journalists, NUJ, Kwara State Council, has threatened to withdraw coverage of political parties in the state if attacks and assaults on its members by supporters of political parties and suspected thugs continue unabated.

YENAGOA—No fewer than 10 communities ravaged by flood in Gbarain Clan and Okutukutu in Yenagoa Local Government Area of Bayelsa State have said they were neglected by all tiers of government.

BENIN-CITY—KINSMEN of the Esama of Benin, Chief Gabriel Igbenedion with the name Okada Youths Vanguard yesterday said they would vote against the current member representing them in the House of Representatives, Omosede Igbinedion and for the candidate of the All Progressives Congress, APC, Dennis Idahosa in next year’s general elections.