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Full Transcript Of President Buhari’s 2016 Budget Speech

Here is the full transcript of the 2016 Budget delivered by President Muhammadu Buhari on the joint session of the National Assembly on December...

World Business Today

1.Dollar Index Poised for Worst Month Since April: Dollar Index Poised for Worst Month Since April as investors, priced in a measured stride of policy...

AXA Mansard Insurance Announces Appointment Of Non-Executive Director

AXA Mansard Insurance has notified the Nigerian Stock Exchange of the appointment of an additional Director. The company in a letter to the NSE, announced the...

Mining Minister Fayemi To Review All Mining licences by March 1

Mining minister Kayode Fayemi is looking to review all mining  licenses in the country by the first quarter of 2016, giving stakeholders an amnesty...

Buhari Will Present 2016 Budget To The National Assembly Today

President Muhammadu Buhari will go-ahead to present the 2016 budget to a joint session of the National Assembly on Tuesday (today). The Minister of Information and Culture, Alhaji...
Stanbic IBTC

Stanbic IBTC appeals Court ruling on Starcomms Private Placement, Says It Did Not Misrepresent...

Stanbib IBTC said it exercised its constitutional right of appeal in relation to a judgment given by the Honourable Justice John Tsoho of the...
CBN Gov Godiwn Emefiele

6 Reasons Why Emefiele’s Policies Seem Like A Mess

The Central Governor Godwin Emefiele has cut a lonely figure at the top since he begun a spate of currency controls that have kept...

How Azerbaijan’s Decision To Float Its Currency Affects Nigeria

Azerbaijan, which gets 95 per cent of its exports and 70 per cent of government revenues from oil exports, today floated its currency, the...

President Buhari Sacks NDDC Chairman, Appoints Ibim Seminitari As Ag. Head

President Muhammadu Buhari has relieved  Bassey Dan Abia, of his appointment as Managing Director and Chairman of the Niger Delta Development Commission (NDDC). The President has...

Brace Up Nigeria As NERC Releases New Electricity Tariff

The Nigerian Electricity Regulatory Commission, NERC, over the weekend released a new electricity tariff regime for electricity users in the country. This tariff  has various rates of...

Tamwakat Weli Is The New Commissioner Of Finance In Plateau State

Governor of  Plateau State, Simon Lalong, on Friday swore  17 commissionersinto the state executive council. Among those appointed into the cabinet is Mrs Tamwakat Weli who will...

These Stockbrokers Just Had Their Licenses Revoked By SEC

The Securities and Exchange Commission (SEC) has revoked the operating  license of 84 capital market operators that are inactive, and has warned the public...

World Business Today

1.China Warns U.S: China’s Foreign Minister Wang Yi told Secretary of State John Kerry that the U.S. should stop sending ships and planes to China’s...

FIFA Bans Blatter And Platini For 8 Years

FIFA has banned both suspended FIFA President Sepp Blatter and European soccer boss Michel Platini. Both  were banned for eight years on Monday by FIFA's...

List Of Best And Worst Stocks In Nigeria Last Week

The NSE All-Share Index and Market Capitalization depreciated by 2.69% to close the week at 26,537.36 and N9.124 trillion respectively. Similarly, all other Indices finished...

Data Reveals States Are Budgeting 12x Their IGR For 2016

Lagos State Government during the week announced its 2016 Budget proposing a sum of N663 billion Naira only. Edo State, Anambra, Cross River and...

Obama Appoints Another Nigerian As Adviser

President Barack Obama announced his intent to appoint Bukola Love Oriola as Member, United States Advisory Council on Human Trafficking Bukola Love Oriola has served...

DASUKIGATE: Buratai Reverses Death Sentence On Soldiers

Chief Of Army Staff, Lt. Gen. Tukur Buratai has commuted the death sentence passed on 66 soldiers in January and March 2015, to 10 years...

Speaker, Rivers State House Of Assembly Ikunyi Awaji-Ibani Resigns

The Speaker of the Rivers State House of Assembly, Hon. Ikunyi Awaji-Ibani, has resigned. He said he was stepping aside for reasons best known to him. According...

JOSE MOURINHO: Here’s How Much He’ll Be Making From Chelsea Despite Sack

Chelsea has sacked manager Jose Mourinho - just seven months after being crowned Premier League champions The decision comes after the Blues fell to their ninth defeat of the...

FRAUD: EFCC To Establish Procurement Unit

Acting chairman of the Economic and Financial Crimes Commission, EFCC, Ibrahim Magu, has revealed his intention to create a new unit,  in view of strengthening...

Singapore Seizes Nigerian Cargo of Elephant Tusks

Singapore authorities have impounded half a ton of elephant tusks in one of the largest ivory seizures made in the city-state in over a...
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[FCMB] Delay In Release Of Q3 Results Help Wipe Out N10 billion In Market...

Nigeria's bank holding group, FCMB is yet to release its 2015 9 Months results nearly 3 months after the end of the third quarter...

[Tough Times] Sterling Bank Says It Is Open To A Merger, Acquisition…Anything

Sterling Bank says it is open to merger or acquisition in order to build up scale and battle the weak market and a deteriorating...

[Who Named It Better] States Caption Their 2016 Budgets

It's budget season and as expected State Governors have been taking turns to announce their respective 2016 Budgets. For some of these governors this...

Nigeria Football Federation Proposes N7.2 Billion Budget For 2016

The  board of the Nigeria Football Federation (NFF)  has proposed a budget of N7.2 billion for 2016  before  football stakeholders at the Annual General Assembly (AGA)...

Dasuki Granted Bail Of N250 Million

The sum of N250 million has been granted as bail to Col. Sambo Dasuki, erstwhile  National Security Adviser (NSA). Justice Hussein Baba Yusuf of the...

Federal Executive Council Meeting Shifted

The Federal Executive Council meeting earlier fixed for Friday morning has been postponed till Monday, December 21. The Minister of Information and Culture, Lai Mohammed, told...

World Business Today

1.The Boss Of IMF To Face Trial: The International Monetary Fund (IMF) head Christine Lagarde, has been ordered by a French court to face...

Total And Sany Group Partner On Quality Lubricant Supply

Sequel to the global cooperation agreement signed by Total Lubricants and Sany Group Company Limited in China, the two companies have become partners for the...