Foreign transactions on the Nigerian Stock Exchange (NSE) rose by 97.88% from N616 million to N1.22 trillion between 2007 and 2018.During the same period, domestic transactions declined by 66.68% from N3.55 trillion to N1.18 trillion.According to the domestic and foreign portfolio investment (FPI) report released on Wednesday, total foreign transactions stood at 51%, while domestic transactions accounted for 49% in [...]
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South African authorities have granted landing permit to Air Peace Flight B777 to enable it to evacuate some 320 Nigerians in that country.Godwin Adama, Nigeria’s consul-general in Johannesburg, made the confirmation in a telephone interview with NAN on Tuesday.Adama spoke against the background of a complaint by Allen Onyema, managing director of Air Peace, that the refusal of South Africa [...]
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One week after Nigerians willing to leave South Africa were subjected to rigorous immigration procedures, thereby preventing over 100 people from making the return trip, the evacuation of yet another batch of Nigerians is being delayed.Speaking with reporters on Tuesday, Allen Onyeama, chairman of Air Peace, said the authorities of South Africa have denied an aircraft meant to bring more [...]
Hassan Marafa, former emir of Bakura in Zamfara state, has emerged deputy chairman of the state chapter of the Peoples Democratic Party (PDP).Marafa rose to the new position during the party’s state congress held in Gusau, capital of Zamfara, on Monday.He was appointed emir of Bakura in 2010 by Aliyu Mamuda but was removed by Abdulaziz Yari, who replaced him [...]
Suspected bandits in Katsina state on Monday released nine teenage girls and one boy as the dialogue and peace initiative of the state government continue to record success.The victims were kidnapped from Ruma, Batsari local government area of the state last month.They said they spent about 32 days in captivity before the government secured their release.They said that they were [...]
Aisha Alhassan, former minister of women affairs, says she has completed arrangements to return to the Peoples Democratic Party (PDP).Alhassan was the governorship candidate of the United Democratic Party (UDP) in the last election. She joined the UDP on the eve of the polls after she failed to secure the All Progressives Congress (APC) ticket.Mama Taraba, as she is fondly [...]
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