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archiveJuly 12, 2021

NEWSTOP STORY

NBC, Rite Foods suit resumes Sept 22

A Federal High Court in Lagos, today Monday July 12, adjourned till September 22, proceedings in the suit between Nigerian Bottling Company (NBC) Ltd and Rite Foods Ltd. In the suit, marked FHC/L/CS/92/2021, both firms are locked in battle over alleged similarities or not between the logos of their energy...
NEWSTOP STORY

EFCC arraigns four for N900m POS fraud in Jos

The Economic and Financial Crimes Commission (EFCC) today, Monday July 12, 2021 arraigned Naankang Dawan, his companies: Taen Nigeria Ltd, Lataen Engineering Ltd alongside Moruf Tunji Olukanmi before Justice D. V Agishi of the Federal High Court, Jos, Plateau State on a 31-count charge bordering on conspiracy, money laundering and...
CAPITAL MARKETMARKETSTOP STORY

Profit taking: NGX opens week with 0.36% loss

The Nigerian stock market started the week’s transactions on Monday on a negative note with profit-taking in some blue chips. Specifically, the All-Share Index dipped 136.30 points or 0.36 per cent to close at 37,857.89 from 37,994.19 achieved on Friday. Accordingly, the month-to-date and year-to-date losses increased to 0.1 per...
NEWSTOP STORY

Nigeria most admired OPEC member country  – Barkindo

 The Organisation of Petroleum Exporting Countries (OPEC) has described Nigeria as the most admired member country in the global oil market.The Secretary General of the Organisation, Dr Mohammad Barkindo, disclosed this in his congratulatory message released on Monday to mark the 50th anniversary of Nigeria’s membership in OPEC. “Nigeria is...
NEWSTOP STORY

I’ll not be party to any press gagging bill – Gbajabiamila

 The Speaker of the House of Representatives, Mr Femi Gbajabiamila, on Monday said he would not be a party to any bill that sought to gag media practitioners. Gbajabiamila made the assertion at an award ceremony tagged ’’ Recognising Good Governance and Legislative Excellence in the Face of Adversity,” in...
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