archiveSeptember 10, 2020

The key market indicators of the nation’s bourse recorded first week gain on Thursday, rebounding by 0.38 per cent on renewed bargain hunting. Specifically, the All-Share Index improved by 96.06 per cent or 0.38 per cent to close at 25,520.97 against 25,424.91 posted on Wednesday. Similarly, the market capitalisation rose...

Mr Tola Johnson, Special Assistant to the President on Micro Small and Medium and Medium Enterprises(MSMEs), says 100,000 small businesses will get N50,000 each as part of COVID-19 economic stimulus. Johnson disclosed this at the inauguration of the Implementation of Survival Fund and Guaranteed Off-Take Stimulus Schemes for MSMEs on...

 The Manufacturers Association of Nigeria (MAN) says its members made donations worth N8 billion in cash and N300million worth of palliative materials to both Federal and States Governments during the outbreak of COVID-19 pandemic. Mr Mansur Ahmed, President of MAN, made this known at the 48th Annual General Meeting of...

A first prosecution witness in the trial of Malabu Oil and Gas Limited, and seven others being prosecuted by the Economic and Financial Crimes Commission (EFCC), on Thursday, September 10, 2020,  told a Federal High Court sitting in Abuja, that only Megatech Engineering Limited was registered with the Special Control...

Ministry of Transportation has constituted a committee to draw up guidelines for the disbursement of the Federal Government ‘s N10billion palliative for road transport operators and workers. The Minister of State for Transportation, Sen. Gbemisola Saraki, said this in a statement by Eric Ojiekwe, Director of Press and Public Relations...

President of the Senate, Ahmad Lawan, on Thursday said that the National Assembly will prioritize the allocation of resources for youth development despite the present economic challenges faced by the country owing to the impact of the COVID-19 pandemic. Lawan stated this in his remarks which was virtually delivered to...

The formation of the Executive/ Legislative/Party Consultative Committee by President Muhammadu Buhari and the effective commencement of its assignment today is the beginning of a more fruitful and cordial relationship among the different structures of the Executive, Legislative arms of government and the ruling party. This was the observation of...

The National Information Technology Development Agency (NITDA) says the proposed Data Protection Bill 2020, would provide protection for all internet users in Nigeria when passed into law. NITDA Director-General, Mr Kashifu Inuwa, said this on Thursday at an online workshop organised by the agency for Data Protection Officers (DPOs) and...

The Nigerian military has said it would not join issues with the Benue State governor, Samuel Ortom, and a former governor of the state, Gabriel Suswan, over the killing of the most wanted criminal and militia leader in Benue, Terwase Agwaza aka Gana. Coordinator, Defence Media Operations, Major General John...

Ibom Air is to commence daily commercial flights from Lagos and Abuja to Enugu, from Monday September 14th, 2020. This is a significant milestone for the airline which began operations last year and presently flies to 4 major cities in Nigeria including Abuja. Enugu becomes the airline’s 5th domestic destination....