archiveSeptember 2019

    The crucial market indicators of the Nigerian Stock Exchange rebounded on Thursday after three consecutive days loss following Nestle and Seplat price rallies. The News Agency of Nigeria (NAN) reports that the market capitalisation inched N145 billion or 1.09 per cent to close at N13.426 trillion against N13.281...

A helicopter from the United Nations peacekeeping mission in Central African Republic crash-landed on Friday, causing the death of three people with one other person injured. The crash occurred as the chopper was landing in the western town of Bouar, MINUSCA chief, Mankeur Ndiaye, wrote in a tweet. The tweet...

Federal Government on Thursday removed the Chairman of the Investments and Securities Tribunal (IST), Mr Isiaka Idoko, from office. No reason was immediately given for his removal. Idoko, a lawyer from Kogi State, worked with the Securities and Exchange Commission (SEC ) before retiring in 2006 as a director. It...

The Federal Government has approved a N600billion assurance facility for the power sector until June, 2020. The amount, which is contained in the 2020 Medium Term Expenditure Framework and Fiscal Strategy Paper (MTEF/FSP), is as a result of the failure of the Power Sector Recovery Programme (PSRP). The document added...

    The World Bank Doing Business (DB) team has announced Nigeria as one of the top-20 improvers in doing business out of 190 countries. This announcement comes ahead of the 24th October release of the 2020 World Bank Doing Business rankings. According to a press statement by Dr Jumoke...

  Calls for amendment of Public Procurement Act 2007 President of the Senate, Ahmad Lawan, has underscored the need to have a budget reform that will include a law on timeliness in budget passing. "We can reform our budget cycle if there is a law on timeliness for budget passing,"...

Consider your patients before embarking on strike, Obasanjo tells doctors Former President Olusegun Obasanjo has called on medical practitioners in the country to take into consideration their patients’ plight before embarking on strike. Obasanjo made the appeal at the opening ceremony of the National Association of Government General Medical and...

  Authorities of the Ahmadu Bello University (ABU) in Zaria, Kaduna State have sacked 15 lecturers over offences involving sexual harassment, negligence of duty and corruption in the institution. It was gathered that the lecturers were from different departments and faculties in the institution. The Director of ABU’s Public Affairs,...

Panelists at the 2019 Global investigative Journalism Conference (GIJC19) in Hamburg, Germany, have identified four major challenges as impediments to robust media practice in the world. They listed poor funding, weak skills, insecurity and inadequate work tools as the factors affecting journalism practice and pragmatic contribution of journalists to societal...

  A Senior Advocate of Nigeria (SAN), Ebun-olu Adegboruwa, has described as illegal the continued detention of human rights activist, Mr. Omoyele Sowore. "On September 24, the Federal High Court sitting in Abuja, refused the application of the Department of State Security, DSS, to further detain the presidential candidate of...