archiveAugust 2019

The 24-year-old  Mr Nigeria, Nelson Enwerem, late on Friday in Manila in the Philippines emerged one of the top five talents at the just concluded Mr World pageant. A correspondent of the News Agency of Nigeria, who monitored the contest on cable network from Lagos, also reports that Jack Heslewood...

The Nigerian Electricity Regulatory Commission (NERC), says no tariff increase has been approved by the commission yet. In a statement, Usman Arabi, NERC’s General Manager, Public Affairs, on Friday said it was still consulting with stakeholders. He said that the commission wished to notify the public that no tariff increase...

  The 774 local governments in Nigeria have rejected the 23 per cent revenue sharing formula proposed by state governors. The council chairmen under the aegis of Association of Local Governments of Nigeria (ALGON) demanded 35 percent from federal revenue. Alabi David, ALGON's National President, told Punch in an interview...

The special international convention to mark the 30th anniversary of Mountain of Fire and Miracles Ministries (MFM) kicked off on Friday evening at the church's popular Prayer City along Lagos-Ibadan Expressway, Ogun State. Already worshippers, in their thousands from all over the world, who had arrived for the convention, which...

Trading activities on the Nigerian Stock Exchange (NSE) was upbeat for the third consecutive day as the crucial market indices on appreciated further by 0.62 per cent on Friday. Specifically, the market capitalisation of listed equities added N33 billion or 0.62 per cent to N13.524 trillion from N13.441 trillion achieved...

The Executive Director, University of Lagos Business School (UBLS), Prof. Abraham Osinubi, says not less than 25 candidates have been shortlisted for the take-off of the school in September. Osinubu made the disclosure in an interview with the News Agency of Nigeria (NAN) on Friday in Lagos. According to him,...

  The Securities and Exchange Commission (SEC) on Friday said the transition of FMDQ Securities Exchange Plc to a full exchange would depeen the nation’s capital market and make it more competitive. Ms Mary Uduk, SEC’s Acting Director-General, stated this at the second quarter Post Capital Market Committee (CMC) news...

Oil prices fell sharply on Friday after China unveiled retaliatory tariffs against about $75 billion worth of U.S. goods, marking the latest escalation of a protracted trade dispute between the world’s two largest economies. Brent crude futures LCOc1, the international benchmark for oil prices, fell 88 cents to $59.04 a...

The leader of the Indigenous People of Biafra (IPOB) Nnamdi Kanu has ordered an attack on President Muhammadu Buhari as he visits Japan on Sunday. President Buhari will depart Abuja Sunday for Japan to participate in the Seventh Tokyo International Conference on African Development (TICAD7) holding in the City of...

  President Muhammadu Buhari on Friday reshuffled some permanent secretaries and accounting officers in the federal service following the restructuring /creation of new ministries by the federal government. Buhari on Wednesday during the swearing in of new ministers announced the creation of five new ministries. The new ministries are Humanitarian...