archiveMay 10, 2019

    The Nigeria Social Insurance Trust Fund (NSITF) said on Friday that over 24,880 claims and compensation had been processed and paid to beneficiaries under different contingencies. Mr Adebayo Somefun, Managing Director/CEO of NSITF, who spoke on development within the fund at a retreat in Lagos, said that compensation...

The down ward on the Nigerian Stock Exchange (NSE) continued on Friday  as investors on the bourse suffered a loss of N20 billion even as the crucial market indices maintained negative outlook for fifth consecutive days. The market capitalisation which opened at N10.860 trillion shed N20 billion to close at...

  A High Court sitting in Kano on Friday ordered Kano State Governor, Abdullahi Umar Ganduje, the Kano State House of Assembly, the Speaker, Clerk of the Assembly, and the Attorney-General of the state from implementing the break-up of Kano Emirate. An ex parte motion dated May 10, 2019, filed...

The Joint Admission and Matriculation Board (JAMB) said that it would release the 2019 Unified Tertiary Matriculation Examination (UTME) results on Saturday. The 2019 UTME was held from April 11 to April 18 with over 1.8 million registered candidates. The board’s Registrar, Prof. Is-haq Oloyede, disclosed this to journalists on...

  The Transmission Company of Nigeria (TCN) said the collapse of the National Grid on May 8, at 2:32p.m was caused by a multiple tripping on its substation in Onitsha, Anambra. The Managing Director of TCN, Mr Mohammed Usman, made the disclosure at a news conference in Abuja on Friday....

President Muhammadu Buhari has expressed appreciation to the People’s Republic of China for what he described as its “genuine efforts to improve Nigeria’s infrastructural development. According to a statement by his spokesperson, Mr Femi Adesina, the president made his feelings known when he received in audience the Chairman of China...

  The Economic and Financial Crimes Commission (EFCC) Friday said it arrested and quizzed two fast-rising Nigerian musicians – Afeez Fashola (aka Naira Marley), Omoniyi Temidayo Raphael (aka Zlatan) and three others over alleged Internet fraud. It said the suspects have allegedly volunteered useful information. The commission however said it...

  The Association of Bureau De Change Operators of Nigeria (ABCON), on Friday said that the reappointment of Mr Godwin Emefiele as the CBN Governor for another term will sustain stability in the foreign exchange market. ABCON’s President, Alhaji Aminu Gwadabe, said this while reacting to the reappointment of Emefiele...

    The Association of Bureau De Change Operators of Nigeria (ABCON), on Friday said that the reappointment of Mr Godwin Emefiele as the CBN Governor for another term will sustain stability in the foreign exchange market. ABCON’s President, Alhaji Aminu Gwadabe, said this while reacting to the reappointment of...

  The Federal Government has said that networking Warri with Abuja through rail line will gulp $3.9 billion (about N1.404 trillion), explaining that the figure will also involve the building of the seaport at Warri. Minister of Transportation, Chibuike Rotimi Amaechi, who made the disclosure during the routine inspection of...