archiveMay 17, 2017

The Senate has given the Federal Government fresh conditions upon which it would consider and approve its $5.8 billion loan request from the China Exim Bank. The Federal Government had requested the sum for the construction of Standard Guage lines from Lagos-Kano, Kano-Kaduna, Lagos-Ibadan, and Lagos Calabar. While considering a...

The Nigerian Stock Exchange All-Share Index (NSE ASI) and the Market Capitalization increased by 1.05 per cent, while the year-to-date return stood at 3.82 per cent. The All Share Index closed at 27,900.44 against the previous close of 27,609.67 while Market Capitalization closed at ₦9.645 trillion against previous close of...

The Federal Government of Nigeria has condemned in strong terms the recent developments in Cote d’Ivoire in which a small fraction of the country’s Armed Forces mutinied against the Government. According to a statement from the Office of Acting President, Prof. Yemi Osinbajo, Nigeria expressed strong and unflinching support for...

The family of the late senator, Isiaka Adeleke, says it will consider all legal options against the Chief Medical Director of Ladoke Akintola University Teaching Hospital, Osogbo, Dr. Akeem Lasisi, over the autopsy result conducted on the late politician. Mr.Deji Adeleke, the younger brother of the deceased, told journalists on...

The Executive Vice Chairman, Nigeria Communications Commission, NCC, Umar Danbatta, on Wednesday said more than one million consumers activated the 2442 Do-Not-Disturb code within two months. Mr. Danbatta made this known during the Lagos Launch of 2017 as Year of the Nigerian Telecom Consumer. He said that the response of...

The Amalgamated‎ Bayelsa Youth Congress (ABYC) has condemned comments credited to armed chair critics of Governor Henry Seriake Dickson, describing them as "foreign agents of destabilisation." The organisation in a statement issued on Wednesday night in Yenagoa, by its Coordinator, Godstime Alaowei, expressed disappointment at some individuals and groups within...

The Inequality report released by Oxfam International on Wednesday revealed that the combine wealth of five richest Nigerians, put at $29.9 billion, could end extreme poverty in the country. The report, entitled ‘’Inequality in Nigeria, Exploring the Drivers” exposed the large and growing gap between the rich and poor in...

Seven out of every 10 Nigerians are hypertensive, Prof. Modupe Onadeko, a retired Reproductive Medicine consultant at the University College Hospital, (UCH) Ibadan, said. She added that 50 per cent of this 7 are unaware of their condition and the remaining half are just not bothered to seek medical help...