archiveJuly 2, 2019

    The National Bureau of Statistics (NBS), said  that the total value of capital importation into Nigeria stood at 8,485 million dollars in the first quarter of 2019. The bureau said this in its “Nigerian Capital Importation (Q1 2019) Report” for July 2019 published on its website. The News...

Transactions on the Nigerian Stock Exchange (NSE) maintained negative slide for the second trading day of the month with investors’ net worth dropping by N94 billion. Consequently, the market capitalisation dropped to N12 trillion mark, having lost N94 billion to close at N12.956 trillion compared with N13.050 trillion recorded on...

Ikeja Electric Plc (IE) says it has commenced the rollout of meters for customers in the Shomolu Business Unit under its Meter Asset Providers (MAPs) scheme. The acting Chief Commercial Officer, Ikeja Electric, Ugochukwu Obi-Chukwu, made this known on Tuesday in Lagos. Obi-Chukwu said his organisation had just completed meter...

  Mrs Olatokunbo Fagbemi, Group Managing Director, Nigerian Aviation Handling Company (NAHCO aviance) Plc on Tuesday said the company’s profit would grow by 323.3 per cent in the 2019 financial year. Fagbemi stated this at the company’s Facts Behind the Figures presentation at the Nigerian Stock Exchange (NSE) in Lagos....

  National Agency for Food and Drug Administration and Control (NAFDAC) has urged  fruit sellers to refrain from using calcium carbide to ripen fruits for commercial purpose. The NAFDAC Director-General, Prof. Mojisola Adeyeye, made the call in a statement in Abuja on Tuesday, saying that “using carbide to ripen fruits...

  Mr Salisu Dahiru, the National Coordinator, Nigeria Erosion and Watershed Management Project (NEWMAP), has said that Nigeria ranks the highest with deforestation rate in the world. Dahiru said this on Tuesday in Benin, while delivering a lecture, entitled “managing land degradation in Nigeria: the challenges, action and remediation,” at...

    The Nigeria Customs Service (NCS) has advised job seekers against offering bribe to anybody for recruitment into the service. The Public Relation Officer of the service, Mr Joseph Attah, gave the advice in an interview with the News Agency of Nigeria (NAN) on Tuesday in Abuja. Attah dismissed...

    Defending champions Cameroun’s 0-0 draw with the Squirrels of Benin Republic coupled with Ghana’s Black Star’s 2-0 win over Guinea Bissau Tuesday, means the Indomitable Lions of Cameroun will play Nigeria’s Super Eagles in the second round of the 2019 Africa Nations Cup in Egypt. The clash which...

  Pentecostal Fellowship of Nigeria (PFN) has promised to unveil the truth about the rape scandal involving the Founder and Senior Pastor of Commonwealth of Zion Assembly (COZA), Biodun Fatoyinbo, and Busola, wife of popular soul musician, Timi Dakolo. The body in a statement on Tuesday signed by the PFN...

      The Nigerian Stock Exchange (NSE) said that it has suspended trading in the shares of 11 companies. According to a statement on Tuesday by the NSE Head of Listings Regulation Department, Mr Godstime Iwenekhai, the affected companies were penalized over delayed filing of accounts. He listed the...