President-General, Ohanaeze Ndigbo Worldwide, Chief Nnia Nwodo, has decried “the growing tendency of some detractors of Enugu State Government,” who he said “are out to destabilise the peace and tranquillity in the state.”

The former Super Eagles star, Daniel Amokachi has blamed football administrators in the country for the inability of stars in the local league to make the transition into the mainstream Super Eagles being managed by foreigners.

FOLLOWING the election of Prof Adebanji Akintoye as the new Yoruba leader in Ibadan, indications emerged, weekend, that former President Olusegun Obasanjo; Nobel Laureate, Professor Wole Soyinka, and Chief Afe Babalola may have intervened in the leadership crisis.

AS part of its plans to broaden its retail reach while enhancing capabilities to handle a more diverse clientele, United Capital has released its Investnow app on iOS. InvestNow is a simplified investment application developed to boost accessibility of investment options while enabling one to make returns on their investments.

FLOUR Mills Nigeria Plc has recorded Group’s Profit After Tax, PAT, of N4.2 billion in its unaudited first quarter results, Q1’19, a 17 percent increase from N3.6 billion in Q1’18.

SHAREHOLDERS of Ellah Lakes Plc have approved the plan by the company to raise additional capital to pursue its growth plan. They gave the approval at the company’s Extra-Ordinary General Meeting, EGM, in Lagos.

EQUITY rally continued on the Nigerian Stock Exchange, NSE, last week following the resumption of ministers to their various portfolios. Consequently, investors’ loss moderated Year-to-Date, YtD, to 11.5 percent from 12.09 percent. Notwithstanding the rally, analysts have moved for cautious trading this week arguing that the upward trend was not motivated by any macroeconomic factor and, therefore, may not be sustained.

THE Securities and Exchange Commission, SEC has disclosed that the report of Technical Committee, TC, on commodities trading ecosystem in Nigeria was being implemented and was expected to make the much desired impact on the commodities trading that would stimulate Nigeria’s capital market and economic growth. 

The world is empathising with the Sudanese nationalists as they watch them move from one phase of the ongoing struggle to another

THERE are indications that the Central Bank of Nigeria, CBN, may have hit a comfort zone in the Bilateral Currency Swap Agreement, BCSA, it signed with the People’s Bank of China (PBoC), if the transaction figures tell it all.

WE wish to emphasise that the proposed meeting between Nigeria’s President Muhammadu Buhari and his South African counterpart, Cyril Ramaphosa, is a welcome development.

QUICKRAIZ, a crowd funding platform, has joined the big league of crowd funding giants on the continent as she enlisted as a member of African Crowd funding Association (ACfA).

THE Financial Reporting Council of Nigeria (FRCN) has unveiled an online portal which registers individuals within 48 hours relying on the database of the Bank Verification Number (BVN).

FIRST Bank of Nigeria Limited will this week hold its 2019 FirstBank Agric Expo with the theme “Agricultural Value Chain – Spotlighting Opportunities and Managing Risks”.

STATE governments in Nigeria are increasingly relying on bank loans to finance their operations, thus undermining their statutory allocation with Irrevocable Standing Payment Order, ISPO, an automatic loan repayment structure tied to the allocation.