U-turn as SEC suspends Oando Plc shares over Volpi

Wale Tinubu, Group Managing Director, Oando PlcIn anotice dated today the 18th of October 2017, sent by the Nigerian Stock Exchange, dealing members (stock brokers) were instructed to place Oando Plc shares on full suspension for 48 hours.1.Effective for forty-eight (48) hours from today, 18 October 2017 to 20 October 2017, The Exchange should implement… Continue reading U-turn as SEC suspends Oando Plc shares over Volpi

Fact-finding mission from U.S. demands immediate military crackdown on killer herdsmen

A Rapid Response Fact-Finding Mission (RRFFM) from the Diaspora that visited North Central Nigeria a fortnight ago to investigate the latest massacre by killer herdsmen has demanded immediate action by the Nigerian Government. As part of its recommendations and observations, the mission also urged the government to direct attention on the terrorist activities of the… Continue reading Fact-finding mission from U.S. demands immediate military crackdown on killer herdsmen

FSDH Weekly Insights: Equity Market Ready For Another Rally

The recent positive developments in the Nigerian economy and the financial markets indicate that the equity market should record another rally in Q4 2017. The Nigerian equity market as measured by The Nigerian Stock Exchange All Share Index (NSE ASI) appreciated by 7.01% in Q3 2017, the strongest Q3 performance in the last four years.… Continue reading FSDH Weekly Insights: Equity Market Ready For Another Rally

Nigerians could be paying more for power supply soon

Nigerians could be paying more for power supply soonByOnome Ohwovoriole-October 14, 2017Electricity consumers in the country may have to adjust their budgets, as tariffs in the country go could up anytime soon. An official of the Nigerian Electricity Regulatory Commission (NERC) Aisha Mahmud disclosed this at an event in Abuja. The commission had submitted a… Continue reading Nigerians could be paying more for power supply soon

Does this World Bank statement suggest Buhari is biased towardsthe North?

President of the World Bank, Jim Yong Kim has revealed that the bank hadfocused its funding efforts on the North, due to a request made by President Muhammadu Buhari.Kim disclosed this on the sidelines of a conference held in Washington. He also stated that the bank was facing difficulties working in the region.In my very… Continue reading Does this World Bank statement suggest Buhari is biased towardsthe North?