January 16, 2020

Bitter Melon May Help To Fight Cancer

Bitter melon, or bitter gourd, has served as a traditional Indian remedy for centuries and now, new research in mice seems to suggest that bitter melon extract may help fight cancer. Traditionally, bitter melon has helped treat many health concerns, and it has recently gained some popularity as a natural remedy against diabetes. As was […]

SEC and ICPC, 1A,2,1B , 1C L-R, Acting Executive Commissioner, Operations, Securities and Exchange Commission Mr Isyaku Tilde, Acting Director General SEC Ms Mary Uduk and Chairman, Independent Corrupt Practices and other Related Offences Commission Prof Bolaji Owasanoye during a Meeting between SEC and ICPC in Abuja, Wednesday

January 16, 2020

Photonews: SEC and ICPC

January 14, 2020

NSE Restates Commitment to Protect Investors, Recovers N1.44bn Shares

The Nigerian Stock Exchange (NSE) facilitated the restitutions and recoveries of shares worth N1.436 billion in 2019, the Chief Executive Officer of NSE, Mr. Oscar Onyema disclosed this yesterday, saying it showed the commitment of the exchange to protect investors in the stock market. According to Onyema, the restitution of the shares is one of […]

January 14, 2020

Foreign Aid Cannot Lift Nigeria out of Poverty -UK

The UK Head of Department for International Development in Nigeria, Mr. Chris Pycrof, has declared that foreign assistance like the ones from the UK’s development agency, DFID, cannot lift the country out of the poverty currently ravaging its people. This is coming as the British Deputy High Commissioner to Nigeria, Ms Harriet Thompson, has said […]

January 14, 2020

MTN, UBA, UACN lift market cap by N112.6bn

The week started on a bullish note as price appreciation in MTNN (+10.0%), UBA (+3.6%) and UACN (+7.8%) buoyed the broad index to 29,633.58 points, up 0.7%. Consequently, YTD return jumped to 10.4% while market capitalisation increased ₦112.6bn to ₦15.3tn. Activity level advanced as volume and value traded rose 24.0% and 77.5% respectively to 348.2m […]

January 14, 2020

7.5% VAT kicks off as Buhari signs Finance Bill

With yesterday’s signing into law of the Finance Bill, President Muhammadu Buhari has triggered the operationalisation of the 7.5% Value Added Tax (VAT) as proposed. The Value Added Tax is proposed to increase from 5% to 7.5%. The 2020 Budget projections are based on this new VAT increase as a result, States and Local Government […]

January 14, 2020

AfDB signs five-year agreement to use international standards in contracts agreements

The African Development Bank(AfDB) has signed a major agreement with the International Federation of Consulting Engineers (FIDIC) that will see it use seven FIDIC standard contracts for the next five years. Under the terms of the agreement, a statement said FIDIC has granted the Bank a non-exclusive licence to refer to the seven major FIDIC contracts for projects […]

January 13, 2020

7th day Fidau prayer & Reception for Late SEC Chairman, Alhaji Gbadamosi Otiti in Lagos

January 13, 2020

DEMS Volunteers Commends JAMB’s Suspension Of NIN For UTME Registration

Digital Economy Media Support Volunteers, DEMS Volunteers, has commended the Joint Admissions and Matriculation Board, JAMB, for suspending the use of National Identification Number, NIN, as a requirement for registration in the 2020 Unified Tertiary Matriculation Examination, UTME. The Group said that JAMB’s decision has saved innocent students from stress and falling prey, to unforeseen […]

January 13, 2020

IPCR Reacts to Report of Security agents impregnating teenagers in border communities

Director General Institute for Peace and Conflict Resolution (IPCR) Dr. Bakut T. Baku has called on the general public to disregard the report accusing security agents of impregnating teenagers in border communities. In a statement signed by Musa Mato Head of media IPCR, the institute said that, “the publication is mendacious and does not reflect the official […]