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Exclusives

Rights violations: IGP orders immediate overhaul of SARS

August 14, 2018     7:20 pm
The Inspector General of Police (IGP) Ibrahim Idris, in compliance with the Presidential directives has ordered the immediate overhauling of the Speci ...
Exclusives

UPDATED: FG redeems N639bn Treasury Bills with $2.5bn Eurobond proceeds

The Nigeria’s federal government redeemed N638.897 billion worth of matured Treasury Bills between January and June 2018 as it continues to implemen ...
Exclusives

Update 1: INEC extends voter’s registration

The Independent National Electoral Commission (INEC) has announced the extension of the Continuous Voters Registration (CVR), which was originally sch ...
Exclusives

Buhari not under pressure to drop 2nd term bid – Presidency

Presidency has debunked claims of foreign pressures on President Muhammadu Buhari to drop his second term re-election bid. The Special Adviser to the ...



Financial Inclusion

CBN meets inter-bank forex needs with $210m

The foreign exchange needs of end users at the inter-bank market were met as the Central Bank of Nigeria (CBN) sustained its intervention by injecting yet another sum of $210 million into various market segments on Tuesday, August 14, 2018. At Tuesday’s trading, the Bank offered the sum of $100,000,000 as wholesale interventions and allocated…...

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Federal High Court insists on INEC boss arrest

A Federal High Court in Abuja, Tuesday, insisted that the Chairman of the Independent National Electoral Commission (INEC), Prof. Yakubu Mahmood, must be arrested and brought to court to explain why he should not be committed to prison over alleged disobedience to court order. The Appeal Court had on August 13 (Monday) restrained the police…

Nigeria should pay attention to competition from new light crude grades

S&P Global Platts, the company that publishes prices used to settle physical crude trades is including new light crudes in its basket from which oil prices are benchmarked thereby resetting the balance of global oil prices as this enhances trade on these crude grades. For Nigeria, the lack of market has not always been a…...

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Italy’s Morandi Bridge collapse foretells the danger that awaits Apapa

Early Tuesday morning, tragedy struck in Italy, the largest city in Rome, as a highway bridge, the Morandi Bridge, collapsed over Genoa, causing people, cars and huge slabs of concrete to fall hundreds of feet onto the city below. The Associated Press quotes government officials as saying that, at least, 20 people were found dead…

Petrol, Diesel, Kerosene, Cooking gas prices drop in July

Premium Motor Spirit (PMS) otherwise known as petrol, Automative Gas Oil (Diesel), National Household Kerosene and Liquefied Petroleum Gas (Cooking Gas) all experienced a drop in their respective prices for the month ending July 2018. According to a report published by the National Bureau of Statistics (NBS) the crude oil by-products each experienced a month…...

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Petrol price falls in seven months of 2018

The average price of Premium Motor Price (PMS) referred to as Petrol declined by 23.1 percent to N146.8 in July from N190.9 in January 2018 across the states in Nigeria, according to National Bureau of Statistics (NBS) petrol price data released today. BusinessDay analysis showed that the average price of petrol paid by consumers from…...

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FAAC disbursed N821.9bn revenue in July

The Federation Account Allocation Committee (FAAC) disbursed the sum of N821.9 billion to the three tiers of government in July 2018 from the revenue generated in June 2018. The amount disbursed comprised of N687.4billion from the Statutory Account, N85.3billion from Valued Added Tax (VAT) and N7.3billion excess bank charges. Federal government received a total of…...

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July inflation report to be released tomorrow

According to a tweet currently posted on the twitter handle of Yemi Kale, Statistician General of the Federation and CEO, National Bureau of Statistics (NBS), the monthly report on Consumer Price index and Inflation report for the month of July will be out tomorrow by 9am 15th of July 2018.   Details of this will…...

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WASSCE’s outstanding student gets N9m scholarship to pursue academic goals

The Bridge House College, Ikoyi, Lagos has awarded a full scholarship worth N9 million to David Okorogheye Orisheneye, a 15-year old May/June 2018 West African Senior School Certificate Examinations (WASSCE) outstanding student to pursue a two-year Cambridge A’ Level course in the College. The scholarship award according to the sixth form college was in recognition…...

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Access Bank leads on customer intimacy on WhatsApp

Access Bank deepened its commitment towards providing easy banking experience to customers by leveraging the pervasive WhatsApp social media platform to bring its Banking Relationship Managers closer to its customers. Customers can now use the Bank’s market leading and feature rich Mobile App, Access Mobile, available on IOS and Android platforms, to effortlessly engage their…...

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Is Nigeria producing enough food for its rapidly growing population?

Nigeria’s population is estimated at 197 million. In 2017, the United Nations Department of Economic and Social Affairs released a report predicting that Nigeria would be the third most populous country on the globe by 2050. The country’s population grows at 2.6 percent annually and is mainly dominated by a set of ravening young people…...

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LBS to release annual digital financial inclusion report

Lagos Business School (LBS) is set to release its 3rd annual digital financial inclusion report titled ‘The Consumer Segmentation Framework’ during a two-week art exhibition from August 16, 2018. The Sustainable and Inclusive Digital Financial Services (SIDFS) initiative of the LBS in partnership with Dalberg and the Bill & Melinda Gates Foundation, conducted a survey on…...

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Oil rebounds as financial markets steady after Turkey turmoil

Oil price has rebounded Tuesday as global financial markets stabilize following an easing of the initial panic over Turkey’s economic meltdown. Brent for October settlement advanced 93 cents to $73.54 a barrel on the London-based ICE Futures Europe exchange, and traded at a $6.10 premium to WTI for the same month. The global benchmark crude…...

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Concerns mount over Abuja-Kaduna train service

Two years after the all the glitz and razzmatazz that heralded the official opening of the Abuja-Kaduna standard gauge rail line for passenger service,investigations by BusinessDay has revealed that the standard and quality of service that defined the system when it was commissioned is gradually falling.     Checks reveal that some of the challenges…...

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Transparency activists reject $82.5bn deficit in ECA

Experts and activists working under the Musa Yar’Adua Foundation have rejected the alleged deficit of about $82.5 billion in the Excess Crude Account (ECA) in the past 10 years, saying what was happening under Goodluck Jonathan and Olusegun Obasanjo is still happening under Muhammadu Buhari in terms of unauthorised withdrawals. The Abuja-based group has also…...

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CEO Mag



Life & Arts

Speed mentoring night for creatives LEVEL UP! 3 is here

Speed mentoring night for creatives LEVEL UP! 3 is here

The Assembly gives creatives an opportunity to get advice and insights in a fun and relaxed environment, through its Speed...

Artyrama presents ‘Identity Tones’, exhibition by John Madu

Artyrama, an online platform for the sale of African contemporary art, has announced a week-long exhibition by John Madu in...

Chinedu Azih: Succeeding where peers fear to tread

Globally, private security business is considered the preserve of ex-service men, but Chinedu Otakpor-Azih, cofounder of Kazih Kits Limited, is...



Sports     Powered by  

Rory McIlroy

McIlroy to skip first FedEx Cup over poor form

Rory McIlroy is considering skipping the first event of the FedEx Cup play-offs series in an attempt to find his...

Fernando Alonso

With net worth of $220m, Alonso set to retire from Formula 1

Fernando Alonso Diaz, also known as Fernando Alonso, a Spanish Formula One racing driver and a double World Champion. At...

FIFA gives Nigeria, Ghana deadline or face suspension

Following the two decisions of the Bureau of the FIFA Council in relation to undue influence in the affairs of...

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