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Osita Aboloma: Standards vital for global competitiveness, profitability

The Standards Organisation of Nigeria (SON) has charged the business community to adhere strictly to global best practices, saying that this is the only way to be competitive globally.
Pedestrians walk past an electronics stock indicator at the window of a security company displaying the current rate of Tokyo Stock Exchange in Tokyo on November 13, 2018. - Tokyo stocks dived more than three percent shortly after the open on November 13, with investors discouraged by a plunge in US shares on fears over demand in the tech sector. (Photo by Toshifumi KITAMURA / AFP)

Tokyo stocks drop more than 3% after Wall Street plunge

Tokyo stocks dived more than three percent shortly after the open on Tuesday, with investors discouraged by a plunge in US shares on fears over demand in the tech sector.
Nigeria Stock Exchange

NSE: Foreign portfolio transactions rise by N208bn in Q3

Amidst heightened political tension in the Nigerian economy, the total transactions done by foreign investors on the floor of the Nigerian Stock Exchange (NSE) rose by 26.53 per cent or N207.85 billion in the third quarter (Q3) of 2018 to N991.2 billion compared with N783.34 billion recorded in the period of 2017.

Stakeholders unveil strategies to deepen Nigeria’s debt market

Critical steps required to deepen Nigeria’s debt market was the focus of discourse in Lagos as the Annual Bonds, Loans and Sukuk Nigeria Conference was held in the Nigerian commercial capital on November 6, 2018 at the Eko Convention Centre.
This photo taken on August 23, 2018 shows the Google logo on display at the Smart China Expo at Chongqing International Expo Center in southwest China's Chongqing. - AFP PHOTO - STR - China OUT

Google restates commitment to digitally connect Nigerians

Google, a Search Engine company, on Thursday, commended the efforts of Federal Government through the National Information Technology Development Agency (NITDA) on effective regulations to promote e-governance in the country.

Dollar strengthens post-election recovery

The dollar rose on Thursday pulling further away from 2-1/2 week lows hit on Wednesday as the market breathed a sigh of relief after the U.S. midterm elections.

Zenith Bank lifts trading as investors stake N9.3 billion on shares

Investors traded 450.139 million shares worth N9.397 billion in 2,858 deals compared with 149.653 million shares valued at N2.793 billion exchanged in 3,063 deals the previous day.
Tim Berners-Lee

World Wide Web inventor wants new ‘contract’ to make web safe

The inventor of the World Wide Web on Monday called for a “contract” to make internet safe and accessible for everyone as Europe’s largest tech event began in Lisbon amid a backlash over its role in spreading “fake news”.
Akinwumi Ambode - AfDB

African investment forum kicks off in Johannesburg

The Africa Investment Forum dubbed game changing event aimed at attracting multi-billion-dollar deals across the continent, kicked off on Monday in South Africa.

Rochas Okorocha inaugurates committee to relocate traders in Owerri

Owelle Rochas Okorocha, Imo State governor, has inaugurated a 25-member joint committee on the relocation of traders in Owerri municipality to an international modern market at Egbeada/Ubomiri, Mbaitoli Local Council Area.

Ibe Kachikwu: Nigeria is Africa’s strongest economy, investors’ haven

Nigeria has been declared as the strongest economy in Africa and the most profitable investment destination in the world.

Yen strengthens as Asia steers from risk

The Japanese yen strengthened versus the U.S. dollar on Friday as appetite for riskier assets remained suppressed.
Acting Finance Minister of Finance Zainab Ahmed

Zainab Ahmed: Federal government working on new population policy

In realisation of the dangers posed by unbridled population growth, the Federal Government is currently working on a new policy on the population to determine how many children a woman will be allowed to bear.
European stocks

European shares fall to lowest levels in nearly two years

European shares fell to their lowest levels in nearly two years on Tuesday as a new batch of third-quarter earnings failed to offset growing concerns on Brexit, Italy’s budget, Saudi isolation, trade wars, Chinese growth and U.S. interest rates.
Nigeria Stock Exchange

NSE market capitalisation returns to N12 trillion mark

Activities resumed for the week at the Nigerian Stock Exchange (NSE) on a positive trend, with market capitalisation returning to N12 trillion amid improved third quarter results.
Nigeria Stock Exchange

NSE market indicators rebound on bargain hunting

Bargain hunting by some investors on Thursday lifted trading on the Nigerian Stock Exchange with Dangote Cement leading the price gainers’ chart.

Federal government targets 200 investors for diaspora investment summit

The federal government says it is targeting over 200 investors at the maiden Diaspora investment summit to attract Diaspora investors to come back home and boost Nigerian businesses.

Group: Ibe Kachikwu conniving with PDP to kill APC in Delta

A group, Buhari Movement for Change (BMC) has alleged that Dr. Ibe Kachikwu, Minister of State for Petroleum Resources, is working hand-in-hand with the leadership of the Peoples Democratic Party (PDP) to ensure that the All Progressives Congress (APC) will not take over the reins of government in the state in 2019.

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President Buhari receives in audience select Leaders from South East in State House on 16th Nov 2018-3

Muhammadu Buhari: Let anybody lead this country, not PDP

President Muhammadu Buhari has again faulted the Peoples Democratic Party (PDP) for allegedly mismanaging the nation’s resources.
Mahmood Yakubu

INEC reaffirms commitment to deliver credible elections in 2019

The Chairman of the Independent National Electoral Commission (INEC), Prof. Mahmood Yakubu, has reaffirmed the Commission’s commitment and determination to deliver credible elections in Nigeria in 2019, which will embody the concepts of inclusiveness, transparency and accountability, by also ensuring that established rules are fully, fairly and impartially enforced.
Former Nigerian vice-President Atiku Abubakar (R) is congratulated by runners-up Sokoto State Governor Aminu Tambuwal (L) and Senate President Bukola Saraki (C) after winning the presidential ticket of the opposition People's Democratic Party (PDP) during the party's national convention in Port Harcourt, Rivers State on October 7, 2018. Nigeria's main opposition Peoples Democratic Party (PDP) has picked Abubakar to challenge President Muhammadu Buhari who is seeking a second term in presidential polls scheduled for February 2019. PIUS UTOMI EKPEI / AFP

Group accuses Atiku Abubakar of tax evasion, asks FIRS to release his record

The Committee for the Protection of Peoples Mandate (CPPM), an activist group, has demanded that the Federal Inland Revenue Service (FIRS) produce tax receipts belonging to Atiku Abubakar, presidential candidate of the Peoples Democratic Party (PDP).
Lai Mohammed, minister of information, says Senate President Bukola Saraki slowed down the progress of the All Progressives Congress (APC)

Court throws out contempt application against Lai Mohammed

Justice Mohammed Aikawa of a Federal High Court, Lagos, on Friday dismissed a contempt application filed by a former Minister of State for Finance, Nenadi Usman, against Minister of Information Lai Mohammed over inclusion of her name in the ‘looters’ list.
Hafez Ghanem

World Bank grants Tanzania $300 million to support education sector

The World Bank on Friday said that it had granted $300 million to Tanzania to support its education sector, a statement from the country’s Directorate of Presidential Communication said.