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CBN to sell N821.8 bn Treasury Bills in Q3’20

CBN to sell N821.8 bn Treasury Bills in Q3’20

By Elizabeth Adegbesan The Central Bank of Nigeria, CBN, has slated Treasury Bills, TBs, sales worth N821.8 billion in the third quarter 2020, Q3’20.   This is contained in the apex bank’s latest Nigeria Treasury Bills Issue programme released yesterday. Treasury Bills are short term (less than one year) debt instruments used by the CBN to […]

Major oil marketers lose N10bn to petrol price reduction  — MOMAN

Major oil marketers lose N10bn to petrol price reduction — MOMAN

Major Oil Marketers Association of Nigeria (MOMAN), yesterday, said that marketers lost  over N10 billion to the recent reduction of   the pump price of Premium Motoring Spirit (PMS) also called petrol,  to N121   from N145 per litre    by the Federal Government.

Why Adesina is under attack at AfDB — Associates

Why Adesina is under attack at AfDB — Associates

Some close associates of the President of the African Development Bank, AfDB, Nigeria’s Akinwunmi Adesina, have indicated that he may have stepped on some sensitive toes with some reform measures he executed in the bank in the current tenure.

Firms lose confidence in economy, index now down to -66.2%

Firms lose confidence in economy, index now down to -66.2%

At the backdrop of the lull brought about by the Coronavirus (COVID-19) lockdowns, Business Confidence Index fell into the negative territory for the first time to -66.2 index points in May, 2020, indicating loss of confidence among business owners across the country.

COVID-19: Your life now in your hands

COVID-19: Your life now in your hands

IN what should have been President Muhammadu Buhari’s fifth COVID-19 national broadcast, the Presidential Task Force on COVID-19, PTF, on Monday, June 1, 2020, laid out the protocols for the second phase of the easing of restrictions put in place to combat the coronavirus pandemic in Nigeria. Places of worship are now reopened subject to […]

As COVID-19 marks 100 days in office

As COVID-19 marks 100 days in office

By Caleb Adebayo ON February 27, 2020, the first case of COVID-19 was confirmed in Nigeria. In no small way, the country was shaken as many had, prior to that time, expressed confidence that the virus could not come into Nigeria. All of a sudden, Nigerians woke up to the reality that it was indeed […]

10 Reasons why you should consider investing in Stock Exchange

10 Reasons why you should consider investing in Stock Exchange

Stock Exchange Overview A stock or share is a financial instrument that represents a certain amount of ownership that an investor, or trader, has in a company and it furthermore represents a proportionate claim both on assets and in earnings. The stock exchange is an organised market where financial instruments such as securities are bought […]

EDO 2020: Ogiemwonyi – The Confluence of Influences

EDO 2020: Ogiemwonyi – The Confluence of Influences

  By Osigwe Omo-Ikirodah Governorship position is no more for ‘political compensation’ or ‘government house occupancy’; it is a honourable seat reserved for ‘Developmental Partners’ whose records, pedigree and charisma bear the required experience and exposures to advance governance beyond just the government house and derogatory political tantrums. Ready for the skies through the year […]

Taking analgesics for another person’s headache

Taking analgesics for another person’s headache

By Owei Lakemfa THE last of five Iranian ships carrying petroleum products to Venezuela berthed safely this week after repeated United States, US, threats to militarily stop them. The first ship, Fortune, had arrived on Saturday, May 23, escorted by Venezuelan Navy to ward off possible American attacks. It was followed by the vessels, Bella, […]

In Ese Oruru’s case, a Nigerian court says God is not a child molester

In Ese Oruru’s case, a Nigerian court says God is not a child molester

By Chidi Anselm Odinkalu SOMETIME around April 19, Kano State’s Governor Umar Ganduje took time off his expensive preoccupation with denying the ravages of the coronavirus on his state to stage the “conversion” to Islam of two adolescent females. The governor, who is infamous for having been caught on camera stuffing what appeared to be […]

The unravelling of America: You’ve gotta watch to cry

The unravelling of America: You’ve gotta watch to cry

By Azu Ishiekwene I FIRST watched the movie in the lockdown. At the beginning, it was funny when the pair was fiddling with their entrée in the restaurant and wondering why they had both avoided each other until now. A few minutes after they left the restaurant, trouble started. The movie, entitled “Queen & Slim,” is […]

Failed politicians behind violence, banditry in the North- Security expert 

Failed politicians behind violence, banditry in the North- Security expert 

A security expert and public affairs commentator,  Mr Terrence Kuanum, has attributed the incessant cases of violence and bandit attacks in parts of northern Nigeria to the activities of failed politicians who want to paint the President Muhammadu Buhari administration in bad light. He insisted that the Nigerian military is doing a good job of […]

We don’t routinely treat COVID-19 patients – Cedarcrest Hospitals

We don’t routinely treat COVID-19 patients – Cedarcrest Hospitals

Contrary to misconceptions on social media, the management of Abuja-based international-standard hospital, Cedarcrest has denied routinely admitting COVID-19 patients, saying it has no such plans at the moment. In a letter dated May 31 and signed by its Director, Clinical Services, Dr Umelo Ferdinand, the hospital assured that its staff are alert and vigilant about […]