CIS BOSS RAISES INVESTMENT HOPE AS STOCKBROKERS CELEBRATE SILVER JUBILEE

By Ikeoluwa Simeon.../   The President, Chartered Institute of Stockbrokers (CIS),Mr Oluwaseyi Abe yesterday at the commencement of the Institute's 25th Anniversary assured the Stockbrokers that future of their profession was bright as the Nigeria's capital market has potentials to wax stronger. Abe who closed the market yesterday by sounding the symbolic gong

FACTS AND FIGURES: HOW 2108 BUDGET WILL AFFECT YOU

President Muhammadu Buhari onTuesday, presented the 2018 budget proposals to the joint session of the National Assembly. Below is the breakdown of the budget. Budget size: N8.612 trillion (16 % higher than 2017 estimates) Benchmark crude oil price-US$45 per barrel • Oil production estimate – 2.3 million barrels per day • Exchange rate

LOST BUT FOUND: HOW EFFC RECOVERED N740 BILLION FROM LOOTERS

By Iyanu Oluwajomiloju.../   The Economic and Financial Crimes Commission (EFCC) on Wednesday in Austria said it recovered loots totalling N738.9 billion or $2.9 billion between May, 2015 and Oct. 20, 2017. Its Acting Chairman, Mr Ibrahim Magu, stated this at the ongoing 7th Session of the Conference of the States Parties to

PRESIDENT BUHARI PRESENTS 2018 BUDGET TO NATIONAL ASSEMBLY TODAY

President Muhammadu Buhari will present the 2018 budget proposals to a joint session of the National Assembly today, by 2.00p.m. The president had in a letter on November 2 formally informed the Senate and the House of Representatives of the presentation of the appropriation bill. “In pursuant to Section 81 of the

LBS GRADUATION: NWUNELI, LEAP ARICA BOSS SPEAKS ON INNOVATIVE ENTREPRENEURSHIP

Iyanu Oluwajomiloju.../   Ndidi Nwuneli, MFR, Founder of LEAP Africa has maintained that needs a new tribe of entrepreneurs and professionals that would transform the country positively. Nwuneli who was the guest speaker at the graduation of the 13 Executive Programme of the Lagos Business School last weekendfurther stated that for Nigeria to

BUSINESS CLIMATE: FG WILL IMPROVE ON WORLD BANK REPORT

By Iyanu Oluwajomiloju.../   Despite Nigeria’s latest impressive ranking in the World Bank’s latest ‘Doing Business’ report, the Buhari administration will continue to actively pursue its reform agenda to keep improving the nation’s economy, according to Vice President Yemi Osinbajo, SAN Prof. Osinbajo further said the oil and gas industry in Nigeria stands to benefit greatly from

GOVERNMENT SEIZES BANK DEPOSIT NOT LINKED TO BVN

The Abuja Division of the Federal High Court has granted a request by Attorney General of the Federation, Abubakar Malami, for a temporary forfeiture of all funds held in bank accounts not linked to BVNs — and whose ownership could not be absolutely identified. Also to be seized by the Nigerian

ZENITH BANK RAKES N129.2BILLION IN THREE MONTHS

Zenith Bank Plc third quarter 2017 profit after tax grew by 35.48 per cent to N129.235 billion from N95.386 billion recorded a year earlier. According to reports from the Nigerian Stock Exchange (NSE), the group’s pre-tax profit also rose by 30.85 per cent from N116.589 billion in the previous year

OGUNBANJO REPLACES AIG-IMOUKHUEDE AT NIGERIAN STOCK EXCHANGE

The Nigerian Stock Exchange (NSE) has announced the emergence of Mr Abimbola Ogunbanjo as the new President of National Council of the Exchange. The exchange, in a statement, said that the election of Ogunbanjo was reached at its council meeting immediately after its 56th Annual General Meeting in Lagos. It stated that

OONI LAUNCHES ISEDOWO, COMMENDS NIGERIAN BREWERIES FOR YOUTH EMPOWERMENT

By Iyanu Oluwajomiloju/Ile Ife......   The Ooni of Ife, Oba Adeyeye Enitan Ogunwusi Ojaja II has endorsed Goldberg’s empowerment scheme, Isedowo and commended Nigerian Breweries Plc for the initiative at the flag-off of the campaign on Thursday, 31 August 2017. The event, which held at the palace of the revered monarch in Ile