archiveJuly 2021

Cross-border trading from one African securities exchange to another comes a step closer on Friday, after the African Securities Exchanges Association (ASEA) signed a contract to procure an order-routing system. Seven of Africa’s leading securities exchanges are working together in the African Exchanges Linkage Project (AELP) to boost pan-African investment...

Lagos State Government says it paid accrued pensions of more than N32 billion to 8,170 retirees between May 2019 and July 2021. The Lagos State Pension Commission (LASPEC) said in a statement issued on Saturday that Mrs Ajibola Ponnle, Commissioner for Establishment, Training and Pensions, made the declaration on Friday....

With speculations rife about the health of Bola Tinubu, the National Leader of the All Progressives Congress (APC) a disclaimer has been issued by his aide to dispel the reports. According to some media reports, Tinubu had been hospitalised in the United States where he underwent some surgeries due to...

Oyo State Governor, 'Seyi Makinde, on Friday, charged 351 Councillors and 33 Clerks of the Local Government Legislative Councils to take development to all the nooks and crannies of their localities, by putting in place by-laws and motions that will affect people at the grassroots positively. The governor, who gave...

says govt ‘ll continue to improve sport facilities to empower youths, develop Oyo economy Oyo State governor, ’Seyi Makinde, on Friday, inspected on-going infrastructure projects in Ibadan, including the Akobo-General Gas Flyover, the 21-kilometer Ajia-Airport-New Ife Expressway road, with spur to Amuloko and the Lekan Salami Sport Complex remodeling project....

The Police Service Commission (PSC) has said that it will determine the fate of the Commander of the IGP Intelligence Response and Monitoring Team, Abba Kyari, a deputy commissioner of Police indicted by the Federal Bureau of Investigation (FBI) for alleged involvement in a $1.1m Internet fraud. The commission also...

  Nigerian top athlete, Blessing Okagbare, has been “provisionally” suspended for doping on Saturday. The Athletics Integrity Unit made this known in a press statement, saying that the 32-year-old Nigerian athlete tested positive for a banned substance – human growth hormone. The ant-doping body said Okagbare tested positive for the...

A Federal High Court sitting in Abuja upon motion of experts filed by Mr. Jimoh Ibrahim and NICON Investment Limited and others, has granted an interim order restraining Assets Management Corporation of Nigeria (AMCON) and others from taking further steps regarding reconstitution and appointment of the defendants into the Board...

  A turnover of 1.374 billion shares worth N11.823 billion in 22,982 deals were traded this week by investors on the floor of the Exchange, in contrast to a total of 896.174 million shares valued at N5.235 billion billion that exchanged hands last week in 11,714 deals. The Financial Services...

One of Nollywood’s admirable actresses Rachel Oniga has died. News of her death filtered in this morning from different sources including the Chairman of Theatre Arts and Motion Pictures Practitioners Association of Nigeria (TAMPAN), Jide Kosoko, confirming her death. Although details of the cause of her death are still sketchy....