archiveJune 22, 2020

The Nigerian Stock Exchange (NSE) commenced trading for the week on Monday with a loss of 0.30 per cent. Specifically, the All-Share Index (ASI) dipped 72.83 points to close at 24,753.92 compared with 24,826.75 achieved on Friday. Also, the market capitalisation which opened at N12.951 trillion lost N38 billion or...

Ikeja Electric Plc (IE) on Monday said it had metered over 120,000 households between January 2018 and June 2020 in line with its commitment to bridging the metering gap under its operational network. Mr Felix Ofulue, Head, Corporate Communications, IE, gave the figure in a statement signed and released to...

The Senate has pledged to give adequate budgetary support required by the Nigerian security agencies to enable them tackle the increasing security challenges across the country. The Leader of Senate, Sen. Yahaya Abdullahi, disclosed this when he led a High Powered Committee to sympathise with Gov. Babagana Zulum of Borno...

Saudi Arabian authorities said on Monday that only residents of the country will be permitted to undertake the annual Hajj pilgrimage next month. The country said the measure was necessary to combat the spread of coronavirus, which has already infected over nine million and killed over 405, 000 people worldwide....

• Oyo State not given any guidance to reopen schools • WAEC, NECO candidates will soon resume The Federal Government advised state governments on Monday not to aggravate the COVID-19 crisis by reopening of schools because of pressure from the children and parents, stressing that it is not safe to...

Operatives of the Economic and Financial Crimes Commission (EFCC) have re-arrested a former Assistant Director in the Federal Civil Service, John Yakubu Yusuf, who has been on the run since 2018 after the Court of Appeal, Abuja Division, sentenced him to six years imprisonment and a fine of N22.9billion, for...

Former Minister of Education, Oby Ezekwesili, has lost her mother, Mrs. Cecilia Nwayiaka Ujubuonu. Ezekwesili made the announcement on Monday, in a statement through her spokesman, Ozioma Ubabukoh. Ujubuonu, born April 18, 1942, died in the late hours of Sunday, June 21, 2020. She was aged 78. A native of...

...Overrules Power Minister, inaugurates board The Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, has once again reinstated Ms Marylin Amobi as the Chief Executive Officer of the Nigerian Bulk Electricity Trading Company (NBET) and also inaugurated the board. Monday’s development pits her against her Power counterpart, Saleh...

The Presidential Task Force (PTF) on COVID-19 on Monday said it would continue to monitor developments nationwide in order to take informed decisions by the end of June, on the second phase of the lockdown. The chairman of PTF on COVID-19 and the Secretary to the Government of the Federation...

Pastor Osagie Ize-Iyamu has emerged winner of the direct primary of All Progressives Congress (APC) in Edo State, conducted on Monday. Chairman of the Edo State APC Primary Election Committee, Governor Hope Uzodinma, declared Ize-Iyamu winner of the election after collating the results turned in by the returning officers in...