archiveSeptember 8, 2021

  About 44,000 Nigerian drug users who exchange needles and syringes in groups while ingesting drugs are responsible for the spread of HIV in the country.Dr Gambo Aliyu, Director-General, National Agency for the Control of AIDS (NACA) made the disclosure in Abuja on Wednesday. He said the exchange of needles...

 The domestic bourse closed negative on Wednesday with the market capitalisation dropping by N24 billion taking the trading losses to three consecutive sessions. Consequently, the market capitalisation which opened at N20.450 trillion lost N24 billion or 0.12 per cent to close at N20.426 trillion. Also, the All-Share Index dipped 46.77...

MAN seek end to tax collection concerns The Manufacturers Association of Nigeria (MAN) has charged the federal and state governments to find a mutually acceptable way forward on the collection of tax to address anxiety and confusion in the business community. Mr Segun Ajayi-Kadir, Director-General, MAN, gave the charge in...

The Central Bank of Nigeria (CBN) has directed commercial banks and Payment Service Providers (PSPs) in the country to improve on all bulk payments and transfers systems to ensure transparency. Mr Jimoh Musa, CBN’s Director, Payment System Management Department, gave the directive on Monday, in a memo addressed to banks...

  A former Deputy Governor of the Central Bank of Nigeria and ex-presidential candidate, Prof Kingsley Moghalu, has said the President Muhammadu Buhari has undermined Nigeria’s security for too long with his sentimental attachment to open grazing. This is as he hailed the Governor of Katsina State, Aminu Masari, for...

*I thank God for your profoundly remarkable life, says VP *Describes Bishop Oke as bridge builder, exemplary leader, man of refreshing honesty & genuine spirituality Vice President Yemi Osinbajo, SAN has described President of the Pentecostal Fellowship of Nigeria, Bishop Francis Wale Oke as “a bridge builder, an exemplary leader,...

The Federal Executive Council (FEC) has approved the National Policy on Fifth Generation (5G) Networks for Nigeria’s Digital Economy. The 5G Policy was approved at the Council meeting on Wednesday, following the presentation by the Minister of Communications and Digital Economy, Dr Isa Ali Ibrahim Pantami. A statement by Dr...

  Nigerian National Petroleum Corporation (NNPC) has expressed its willingness to collaborate with Nigerian Exchange (NGX) Limited on financing options in the near term. This was indicated during a courtesy visit from the Management of NGX to NNPC led by the Chairman, NGX, Mr. Abubakar Balarabe Mahmoud, SAN, OON on...

Pelumi Olajengbesi, one of the Nigeria-based lawyers to Yoruba Nation agitator, Sunday Adeyemo, popularly known as Sunday Igboho, has described claims that armed robbers attacked officials of the Department of State Service as “shameful”. A counsel to the Department of State Service, Idowu Awo, told the Federal High Court, on...

  The Engineering Resource Academy has expressed commitment to bridging practical knowledge gap among young civil engineers to make them more relevant in the industry. The Coordinator of the academy, Mrs Lola Adetona, gave the assurance during a training organised by the academy for young civil engineers on Monday in...