archiveJanuary 8, 2020

The nation’s bourse on Wednesday extended positive sentiment with the market capitalisation appreciating by N471 billion in a day. Specifically, the market capitalisation which opened at N13.316 trillion inched N471 billion or 3.54 per cent to close at N13.787 trillion. Consequently, the Year-to-Date gains expanded to 6.41 per cent. Similarly,...

The Lagos State Government ( LASG)  on Wednesday announced  that it would  close two  roads to traffic on  Jan.9 and Jan.11 respectively. It said that this was to facilitate the completion of the construction of the ongoing Lagos -Ibadan standard guage rail line within where the roads were located. The...

promises to keep working hard to grow State’s economy as Govt holds New Year inter-religious service Oyo State Governor, Engineer Seyi Makinde, said on Wednesday that no staff in the State's workforce would earn below the N30,000 national minimum wage. He stated that once the Committee set up by his...

President of the Senate, Ahmad Lawan,  has commiserated with the family of the mother and her three daughters who died on Tuesday night in a fire disaster at Red Bricks Quarters on Maiduguri road, Damaturu in Yobe State. Lawan commended the head of the family who bravely rescued his five-year-old...

  The Nigerian Stock Exchange (NSE) will hold the review of market performance for 2019 and present the 2020 outlook on Monday, 13 January 2020 at the Stock Exchange House, Marina, Lagos. According to a press statement by the NSE, at the event, The Chief Executive Officer of The NSE,...

  Makinde will do well for the state—Alaafin as Gov inspects fire incident scenes Oyo State Governor, Engineer Seyi Makinde, has said that the State Government would rebuild the Akesan Market, Oyo and also provide support to all victims of last Sunday’s fire incident, which razed the popular 400 year...

The Lagos State Commissioner of Police, Mr Hakeem Odumosu, on Wednesday, said cultism and gangsterism have been brought to their barest minimum since he assumed office. This is as he also said 114 armed robbery suspects were arrested within the first 55 days of his assumption of office. Odumosu stated...

The Central Bank of Nigeria (CBN) says it has retained the minimum 65 per cent of Loan Deposit Ratio in the interim. The CBN made this known in a circular signed by its Director of Banking Supervision, Mr Ahmad Abdullahi in Abuja on Wednesday. The bank explained that it had...

    Germany has condemned Iranian missile attacks on Iraqi bases housing US and other coalition military. Germany, through its Defence Minister, Annegret Kramp-Karrenbauer, called on Iran to end a “spiral” of conflict. “The German government strongly condemns this aggression,” Kramp-Karrenbauer told broadcaster ARD, according to Al Jazeera. “It is...

President Donald Trump has said that he would on Thursday address Americans on his next steps following a retaliatory attack by Iran on American interests. Iran has fired over a dozen ballistic missiles on two Iraqi airbases hosting American troops. No American or Iraqi soldiers are believed to have been...