PHOTOS: CBN Governor Emefiele Visits Buhari

By Aduragbemi Omiyale Some retiring Nigerian military personnel have been educated on how they can unlock opportunities in the capital market after active service to the nation. At a seminar held on Thursday, December 7, 2023, at the Nigeria Armed Forces Resettlement Centre in Lagos, the participants were informed of the benefits of diversifying their investments for more earnings. They were also exposed to ways to invest and assess the market with technology, including via the recently launched NGX USSD Code. The Divisional Head of Business Support Services and General Counsel of the Nigerian Exchange (NGX) Limited, Ms Irene Robinson-Ayanwale,

By Adedapo Adesanya The NASD Over-the-Counter (OTC) Securities Exchange recorded a further rise of 0.55 per cent, extending its stay in the green territory to a fourth straight session on Thursday, November 7. This increased the NASD Unlisted Security Index (NSI) by 4.81 points to wrap the session at 872.54 points compared with 867.73 points in the previous session, as the market capitalisation of the OTC exchange jumped by N6.52 billion to settle at N1.182 trillion, in contrast to the preceding trading day’s N1.176 trillion. The unlisted securities market ended the trading session with two price gainers, 11 Plc and

By Adedapo Adesanya Some Nigerians have expressed anger over the upward review in the foreign exchange (FX) rate, a move that could see imported goods and by extension, domestic products record surge in prices at a time when the country is battling a high cost of living. The federal government, through the Central Bank of Nigeria (CBN), has hiked the duties payable on imported goods at Nigerian ports. Business Post gathered that the upward review of prices showed the US Dollar equivalent had been put at N951.941/$1 while for the Euro, the rate was pegged at N1,030.762/€1 and the Pound

By Julius Akpovire-Enyeh When great men celebrate, even the stars bow in solemn hallow. As the immediate past governor of Delta State and the All Progressives Congress candidate for Delta South Senatorial District, Dr. Emmanuel Eweta Uduaghan celebrates his 64th birthday today (October 22, 2018), the periscope is focused on a man who has given his all to create peace, tranquillity and progress for his people and the Niger-Delta region as a whole. Gradually, the former governor is stepping into the septuagenarian club, healthy, hearty, resolute and focused. As he ages, it is never a dull moment for a man

By Dipo Olowookere Shares of Central Securities Clearing System (CSCS) Plc on the NASD OTC Securities Exchange Plc are off to a blistering start in 2018, having risen by roughly 48 percent so far. The sharp Year-To-Date (YTD) rise reflects investors’ strong earnings growth expectations to further improve the fundamentals of the company. Consequently, total market capitalisation has grown from its year open of N53.7 billion to a close of N79 billion as at Friday, February 23, 2018. Earlier this year, CSCS Plc unveiled its three-year strategy plan (2018-2020). This new growth plan is predicated on five key pillars which

By Dipo Olowookere Female Nigerian movie star, Toyin Abraham, has officially cemented her love affair with her actor soulmate, Kolawole Ajeyemi. The actress, who was once married to another colleague of hers in the motion picture industry, Adeniyi Johnson, has been in a secret romantic relationship with Kolawole for a while, though the actor once denied dating her. On Wednesday, the lovers released pictures of their engagement, confirming their union. They also, through their management, confirmed having a child, a boy, together, who was given birth to in the United States of America. Toyin and her husband have acted in

By Modupe Gbadeyanka The Debt Management Office (DMO) on Wednesday, March 27, 2019 conducted the FGN Bond Auction for March 2019. During the exercise yesterday, the debt office offered N100 billion worth of the bonds to market players. Business Post reports that just as in the auctions for January and February 2019, the March 2019 exercise was oversubscribed. The DMO offered three instruments at the auction for 3, 7 and 10-year tenors and subscriptions for the three instruments was in excess of N148 billion for competitive bids. Non-competitive bids valued at N92.6 billion were also received, taking the total subscriptions

By Destiny Ugorji Two Northern Nigerian States, Kano and Adamawa, have expressed their readiness to adopt and operationalize the Freedom of Information (FOI) Act 2011. Kano State Head of Civil Service, Alhaji Mohammad Auwal Na’iya, made the state government’s position known while delivering a goodwill message on Thursday at an FOI Assessment and Awareness joint Roundtable of Ministries, Departments and Agencies (MDAs) and Civil Society organisations in the State. According to him, the Kano state government is in the process of adopting the Freedom of Information Act, with a view to empowering the citizens to participate actively in governance. “Kano

By Adedapo Adesanya Secure Electronic Technology Plc recently released its unaudited financial statement for the half year ended June 30th 2019 and an analysis showed that gross income as the end of June 30, 2019 was N2.11billion, indicating a drop from last June’s N2.16 billion, while the total prizes/winnings paid out by the company was N1.25 billion at the end of this half year against N1.26 billion in H1 2018. The company’s activities cover lottery, airtime vending, revenue collecting, card payments, and treasury assets management and its operations approved by the Corporate Affairs Commission (CAC). The total asset of the

By Dipo Olowookere Comptroller-General of the Nigeria Immigration Service (NIS), Mr Muhammad Babandede, has approved the redeployment of 207 senior officers of the service between the ranks of Assistant Comptrollers General to Assistant Comptrollers. A statement issued by spokesman of the NIS, Mr Ekpedeme King, disclosed that those affected included ACG Ezekiel Kaura who now heads the ICT Department which is considered the engine room for the e-solution programme of the NIS, Chizoba Dibi who has been promoted to ACG and posted to Zone ‘G’ in Benin as Zonal Coordinator, ACG Hamman Yerima from Delta State Command to the Investigation

By Modupe Gbadeyanka Building on a pilot program that began in 2017, Visa has announced an expansion of Netflix’s use of the Visa Token Service, with a key focus of improving card-not-present authorization rates and enabling a more seamless and secure merchant and customer experience globally. Visa and Netflix are working together to realize the benefit of higher authorization rates resulting from global issuer lifecycle management of Visa tokens. With the Visa Token Service, card details can be replaced with a unique digital identifier used to process payments without exposing the cardholder’s sensitive account information. For those Visa tokens, issuers