archiveAugust 2019

  The National Hajj Commission of Nigeria (NAHCON) has identified four common diseases afflicting Nigerian pilgrims presently in Saudi Arabia for the Hajj. Dr Bello Abdulkadir, Chairman of NAHCON Medical Team, told the News Agency of Nigeria (NAN) in Makkah on Monday that most of those diagnosed had either high...

President Muhammadu Buhari has thanked millions of Nigerians, who deliberately ignored calls on social media to join a phantom ‘revolution’ but instead went about their businesses. The President made his feelings known in a statement by his Senior Special Assistant on Media and Publicity, Malam Garba Shehu, in Abuja on...

  National Association of Commerce Industry Mines and Agriculture (NACCIMA), has lamented the high cost of generating power by businesses in the country. Director-general of NACCIMA, Ambassador Ayoola Olukanni stated that majority of businesses in the country spend N5 trillion annually to generate own power. Specifically, he said, the $14...

  The Aare Onakakanfo of Yorubaland, Iba Gani Adams has appealed to the Federal Government to release the presidential candidate of the African Action Congress (ACC), Omoyele Sowore. Adams said that such arrest portended grave danger for Nigeria’s democracy. The publisher of Sahara Reporters and convener Global Coalition for Security...

  The Coalition of Public Interests Lawyers and Advocates (COPA) and the United Global Resolve for Peace (UGRFP) have faulted the arrest and detention of Omoyele Sowore. The groups, in separate statements issued on Monday in Abuja, described the detention of Sowore, the founder of SaharaReporters Group and Convener of...

The currency was N359 to dollar at the parallel market in Lagos, while it was exchanged at N445 and N397 to the pound sterling and Euro, respectively. At the Bureau De Change (BDC) window, the naira closed at N359 to the dollar, while it was N445 and N397 to the...

The Department of State Services (DSS) has confirmed that it had received the order granting Ibrahim El-Zakaky, leader of the Islamic Movement in Nigeria (IMN), leave to travel to India for medical treatment. Dr. Peter Afunanya, DSS Public Relations Officer, said this in a statement issued Monday night. He disclosed...

The Nigerian Stock Exchange (NSE)  All-Share Index and Market Capitalization depreciated by 1.038 percent  and 1.032 per cent to close last week at 27,630.46 and N13.464 trillion respectively. Similarly, all other indices finished lower with the exception of NSE ASeM and NSE Industrial Goods Indices which appreciated by 0.17 per...

  As a result of Justice BFM Nyako of the Federal High Court, the Asset Management Corporation of Nigeria (AMCON) has taken over Bao Yao Futurlex Iron and Steel Company Limited in Abuja and Bao Yao Huan Jian Iron and Steel, Calabar, Cross River State. AMCON in a statement on...

  The Federal Government will soon come up with a resolution on issues bordering on the collection of stamp duties as well as the extension of Value Added Tax (VAT) exemption on capital market transactions among others, the Vice President, Prof. Yemi Osinbajo, has stated. Osinbajo, who was represented by...