archiveOctober 26, 2021

  Trading activities on the Nigerian stock market closed on a cautious note with the All-Share Index appreciating by 0.20 points. Specifically, the index rose by 0.20 points or 0.0005 per cent to close at 41,814.94 from 41,814.74 achieved on Monday. Accordingly, month-to-date and year-to-date returns were flat at 4.0...

  The Bigi carbonated soft drink brand, produced by Rite Foods, has again demonstrated its support for the growth of the Nigerian movie industry with the sponsorship of the Progressive Tailors Club movie premiere. It premiered at the Filmhouse Cinemas IMAX, Lekki Lagos, on October 24, 2021, and in attendance...

  The Senate on Tuesday queried the plan by the Federal Government to secure $200 million facility to procure mosquitoes nets against malaria fever for 13 out of the 36 states of the federation. Members of its Commitee on Health were piqued when the Permanent Secretary of federal Ministry of...

  The second prosecution witness, PW2, Augustine Anosike, a forensic expert with the Economic and Financial Crimes Commission, EFCC, in the case of Afeez Adeshina Fashola, also known as Naira Marley, on Tuesday, October 26, 2021, told Justice Nicholas Oweibo of the Federal High Court sitting in Ikoyi, Lagos how...

  The Bayelsa government plans to borrow N43.57 billion to augment the N310.7 billion proposed for the 2022 fiscal year as the state’s debt profile hits N169 billion. The borrowing plan is contained in the 2022 Appropriation Bill of Bayelsa. Checks on official records by the News Agency of Nigeria...

says state will continue to re-engineer agribusiness devt Oyo State Governor, ’Seyi Makinde, on Tuesday, said that his administration will continue to re-engineer agribusiness development in Oyo State, with a view to expanding the economy of the state. The governor, who was speaking at the Oyo State 2021 Agribusiness Summit,...

President of the African Development Bank Group (AfDB), Dr. Akinwumi Adesina, on Tuesday, lamented that a paucity of energy was negatively affecting the growth of Nigerian industries. Adesina made the comment while speaking at a meeting organised by the Manufacturers Association of Nigeria (MAN) in Abuja. “Today, no business can...

The Managing Director/Chief Executive of the Nigeria Deposit Insurance Corporation (NDIC), Bello Hassan (FCA) has pointed out that the Corporation’s coverage limits of N500,000.00 per depositor per commercial, merchant and, non-interest bank, primary mortgage bank and mobile money operator, as well as N200,000.00 per depositor per microfinance bank, remain the...

  Vice President Yemi Osinbajo (SAN) has commended an integrated waste management project of Kano State government which will transform waste to power, organic fertilizer, and other uses. Prof. Osinbajo made the commendation of the Public-Private Partnership during a visit on Monday to the Presidential Villa by a delegation led...

Members of South-West Governors Forum on Tuesday met in Lagos State to discuss issues of interest to the region. But for Gov. Seyi Makinde of Oyo state who was represented by his deputy, Mr Rauf Olaniyan, all the other five governors were present at the meeting which started at 4.30...