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Showing posts from October, 2017

INVESTMENT NEWS HEADLINES

-           Stock market halts downtrend as NSE ASI inches up by 0.44%. Equity market closed today on a positive note as NSE ASI                                                                                                                   Appreciated by 0.44% to close at 35,103.40 base points. The market cap at the close of the trading was N 12, 100,904,542,120.06 HIGHLIG...

GLOBAL NEWS HEADSLINES

RUSSIA TO DESTROY LAST CHEMICAL WEAPONS TODAY, PUTIN SAYS, URGES AMERICA TO FO THE SAME. One of the most powerful men on earth and the president of Russia Vladmir Putin has said that the country plans on destroying their last chemical weapon (Today) and accused the united states of not following suit. The US unfortunately is not carrying out its obligations when it comes to the time frame of destroying their chemical weapons. NIGERIA TO EXIT OVER 310 INTERNATIONAL ORGANISATINS IT BELONGS TO The FG of Nigeria plans on exiting some of the 310 international organizations it is associated with. The minister of finance Mrs. Kemi Adeosun made this known when she addressed state house representatives on the outcome of the federal executive council sitting. According to her the annual commitment of Nigeria to those organization is $70m annually. So the plan is to retain membership of 220 out of 310 international organizations it is associated with. However the committee ordere...

LOCAL NEWS HEADLINES

·         NIGERIA MAY BE LISTED AS ONE OF THELEAST MOST EDUCATED COUNTRY IN THE WORLD Senator Ben Murray-Bruce has waged President Muhammadu Buhari to declare the education sector of the country a state of emergency. The senator tried explaining the advantages of a large population –A LARGE EDUCATED POPULATION. Nigerians should realize that a large population may not automatically be an asset unless of course most members of the population are educated, but if a population is largely illiterate, it is a liability. The senator Mr. Bruce grows where education is low… ·            EX-AREN BOSSES TO FACE CHARGES OVER $400M NIGERIA DEALS The UK’s serious fraud office has said it will charge two former executives of collapsed oil company; Aren Plc. with alleged fraud over payments they received through secret companies of about $400m business deals. The ex-oil and gas exploration company that...