archiveNovember 2019

Four persons have been confirmed dead and 21 injured in a gas exploded in Ajegunle, a Lagos. It was gathered that the explosion occurred Wednesday evening at Aduke Street, Ojo Road, after someone received a telephone call inside a shop were cooking gas was being refilled. Among those killed were...

The American University of Ras Al Khaimah (AURAK) hosted the 3rd Port City Universities Summit to promote cooperation between higher-education institutions in ports and the maritime industry. According to a press statement from the organisers on Wednesday, AURAK President, Professor Hassan Hamdan Al Alkim, opened the proceedings with an address,...

  The founder of The Tony Elumelu Foundation (TEF) and Chairman of the United Bank for Africa Group (UBA) and Heirs Holdings, Mr. Tony Elumelu will be conferred with the National Productivity Order of Merit (NPOM) Award by President Muhammadu Buhari, tomorrow. The honour would be in recognition of his...

  now below $40bn, lowest in 22 months Latest data from the Central Bank of Nigeria (CBN) has revealed that the nation’s foreign exchange reserves have slumped below the $40 billion mark, indicating their lowest level in 22 months. The nation’s external reserves which have been on a downward movement...

The Lagos State Government says plans are on to register religious houses in order to ensure sanity in the state. The Commissioner, Lagos State Ministry of Home Affairs, Mrs. Uzamat Akinbile-Yussuf, made this known on Tuesday in Alausa,  during a stakeholders meeting with the Nigeria Inter-religious Council. Akinbile-Yussuf said the...

  Governor Dapo Abiodun of Ogun State has said the people of the state are at a state where they feel that government has completely disconnected from them. Abiodun said: “We have since realised that for the majority of our people, if all we focus on are the improvement of...

  The National Bureau of Statistics (NBS) said the Pension Asset and RSA Membership Data of third quarter 2019 reflected that the Pension Fund Asset under Management stood at N9.58trillion. The NBS made this known in its third quarter report 2019 of Pension Asset and RSA membership data in Abuja...

The upward trend recorded by the Nigerian Stock Exchange (NSE) for some days now was halted on Tuesday following profit taking by some investors. Specifically, the All-Share Index dipped 152.45 points or 0.56 per cent to close at 26,883.33 compared with 27,035.78 achieved on Monday. Similarly, the market capitalisation which...

  condemns third term agenda The Pan-Yoruba Socio-Political Organisation, Afenifere, on Tuesday warned against any situation that could foist anarchy on Oyo State in respect of the ruling of the Court of Appeal on the Governorship election in Oyo State. Afenifere, in a communique made public after its meeting in...

  The Federal Government says that the forensic audit being carried out on the operations of Niger Delta Development Commission (NDDC) will ensure a well set governance structure for the commission. The Minister of Niger Delta Affairs, Sen. Godswill Akpabio, told newsmen on the sideline of the investigative hearing by...