Daily Archives: November 17, 2020

White House says it will nominate Brooks to be comptroller

The Trump administration said it has picked Brian Brooks, who has led the Office of the Comptroller of the Currency in an acting capacity, to be considered by the Senate for a five-year term. But it is unclear whether he would stay on during the incoming administration of Joe Biden.Read …

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Obaseki, Shaibu and challenge of second term

The inauguration of Governor Godwin Obaseki and his deputy, Philip Shaibu, which took place on November 12, was low-keyed. Nevertheless, it provided an ample opportunity for the governor to elaborate on his agenda for the second term. Southsouth Bureau Chief BISI OLANIYI reports   THE Peoples’ Democratic Party (PDP) in …

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NSE: Market contracts by N277.598bn after profit-taking in big-cap equities

Sell-offs in big-cap stocks including Nestle and Dangote Cement and in consumer goods stock like Nigerian Breweries, Cadbury and International Breweries guided the Nigerian Stock Exchange (NSE) to a further loss on Tuesday as investors, wanting to recoup gains from a long bullish spell the bourse witnessed recently, continued profit-taking. …

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