archiveJuly 2020

Federal Airports Authority of Nigeria (FAAN) has released new procedural guidelines for air travelers and other airport users ahead of commencement of domestic flight July 8, 2020. Its spokesperson and General Manager Public Affairs; Mrs Henrietta Yakubu who disclosed this said the new guidelines were part of the Standard Operating...

Lagos State Governor, Babajide Sanwo-Olu, said on Friday that worship centres in the state would remain closed until further notice. Sanwo-Olu, who disclosed this during a televised briefing in Alausa, Ikeja, also affirmed that the ban on mass gathering was still in force. The governor had earlier directed students in...

Activist lawyer, Femi Falana (SAN) on Friday said he is not a member of a pressure group named Nigerian Consultative Forum (NCF) recently launched by some notable Nigerians. He gave this clarification in a statement in Lagos on Friday titled: “I am not involved in NCF”. He said at the...

The Economic and Financial Crimes Commission (EFCC) Lagos Zonal office, on Thursday arraigned Stephen Oshinowo, a former Executive Secretary, Lagos State Scholarship Board, for alleged N127 million fraud before Justice O.A. Taiwo of the Special Offences Court sitting in Ikeja, Lagos State. He was arraigned on amended eight-count charges bordering...

The Uyo Zonal Office of the Economic and Financial Crimes Commission (EFCC) has commenced investigation of five suspected illegal petroleum dealers, alongside MT PREYOR 1, a 1,000 metric tonne capacity vessel used in bunkering illegal products, suspected to be Automotive Gas Oil (AGO) They were arrested and handed over to...

The Ondo State government has described its late Commissioner for Health, Dr. Wahab Adegberohim as a General who died in the battlefront even as it has declared Friday a work-free day in the state as well as seven days mourning where flags will be flown at half-mast in his honour...

The Capital Market Support Committee on COVID-19 (CMSCC), has donated an ambulance to the Federal Capital Territory Administration, to assist in the fight against the disease in the territory. Ms Mary Uduk, the Acting Director-General of the Securities and Exchange Commission (SEC), who led the committee in Abuja on Thursday,...

The market capitalisation of The Nigerian Stock Exchange (NSE) on Thursday dipped by N115 billion to close at N12.715 trillion, representing 0.90 per cent drop from N12.830 trillion with which it closed on Wednesday. . The loss position is attributed to profit taking and portfolio repositioning ahead of second quarter...

Gov. Abdullahi Ganduje of Kano State has announced a total easing of the lockdown imposed on the state to check spread of the novel coronavirus. Ganduje made the announcement on Thursday in Kano while briefing newsmen on the COVID-19 pandemic at Government House, Kano. He said, however, that restriction of...

Uche Uwaleke, Professor of Finance and Capital Market, says the Nigerian Stock Exchange (NSE) will likely close 2020 in red, based on negative real GDP growth rate projections. Uwaleke, of the Nasarawa State University, expressed the view in an interview with the News Agency of Nigeria (NAN) on Thursday. He...