Traders work at the Nigerian Stock Exchange in Lagos

NSE trading kick-start 2019 on a bearish note

Activities resumed for the year on the Nigerian Stock Exchange, NSE, on a bearish note with the All-Share Index dropping by 1.15 per cent. Reports have it that the index which opened at 31,430.50 shed 360.44 points or 1.15 per cent to close at 31,070.06 due to losses by some highly capitalised stocks. Also, the […]

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IMF upgrades Nigeria’s GDP growth forecast for 2019 to 2.3 pct

The International Monetary Fund (IMF) yesterday upgraded its growth rate forecast for Nigeria’s Gross Domestic Product (GDP) in 2019 to 2.3 percent, while retaining 2.1 percent for 2018, citing improved crude oil prices. The IMF announced the upgrade in its World Economic Outlook (WEO) Update, July 2018 titled, ‘Less Even Expansion, and Rising Trade Tensions’. […]

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LASG partners 9mobile to teach 1m Nigerians to code by 2019

Telecom company, 9mobile, in partnership with the Lagos State Government, plans to teach at least one million Lagos residents how to code by 2019. In line with the vision of the Code Lagos initiative, a coding centre has been launched in one of the company’s adopted schools, Rabiatu Thompson Primary School, Surulere, Lagos. Code Lagos […]

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I will take powers from Buhari, says Fayose

Ekiti State Governor, Ayodele Fayose, is confident of winning the coming presidential election when Nigerians elect a new president in 2019. The governor was hopeful that if supported by his party, the Peoples Democratic Party (PDP), he would take over government from the ruling All Progressives Congress (APC). “I’m going straight to that Villa. I’m […]

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Yemi Osinbajo

Osinbajo denies running for Nigeria’s president in 2019

Vice President Yemi Osinbajo yesterday in a tweet disassociated himself from a group known as “Osinbajo Volunteers” which has started campaigning for his election as President in 2019. The group, which is recruiting volunteers for the project, wants Osinbajo to stand as presidential candidate in the 2019 election. While its website featured the activities of […]

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BoI foresees creation of 5 million jobs by 2019

The Bank of Industry (BoI) has said that its plan to support over 30,000 entrepreneurs over the next two years will create more than five million job opportunities for unemployed youths. The move, according to the bank, will further improve access to cheap funds and increase its developmental impact in the country. Acting Managing Director, […]

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Minister vows to resign if Nigeria doesn’t refine enough oil by 2019

Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, has vowed to resign if the country fails to attain self-sufficiency in the refining of petroleum products by 2019. Kachikwu, who spoke as a guest on BBC Hard Talk in London on Monday, also stated that he recently signed an agreement with the international oil giant, […]

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Lagos’ visualises creation of 1 million jobs by 2019

Lagos’ target to create one million jobs in two years in achievable, participants at the maiden Alimosho Economic Summit agreed in Lagos yesterday, ROBERT EGBE, who was at the summit reports Lagos State is on track to creating one million jobs by 2019, Executive Secretary Lagos State Employment Trust Fund (LSETF) Akintunde Oyebode said yesterday. […]

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ANALYSIS: No 2019 for President Buhari

Let me seize this opportunity to bid our President, Muhammadu Buhari, welcome back from his medical trip to the United Kingdom. I am happy he is back on his feet instead of lying inside a life support machine even dead as earlier rumoured. We Christians are taught to forgive our transgressors and pray for our enemies. […]

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Microsoft may launch next-generation HoloLens VR headset in 2019

While Microsoft’s first HoloLens virtual reality headset has been available to buy since last year — as a model principally aimed at developers — the US tech giant could now be working on a more advanced second-generation version that’s more geared up for the consumer market, and which could land in 2019, according to specialist […]

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‘APC may cease to exist by 2019’

The Deputy National Publicity Secretary of the All Progressives Congress, Mr. Timi Frank, has said the party may not survive beyond 2019 unless urgent steps are taken to rebuild public confidence in the party. Frank said this while speaking to journalists in Abuja on Tuesday. He explained that the reported “revolt” by state governors over […]

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