archiveNovember 17, 2021

  The average price for the refilling of a five kilogram (5kg) cylinder for Liquefied Petroleum Gas otherwise known as Cooking Gas increased to N2,627.94 in October from N2,397.60 in September and N1,953.71 in October 2020. The National Bureau of Statistics (NBS), said this in its “Liquefied Petroleum Gas (Cooking...

Nigerian Exchange Limited (NGX), led by its Chairman, Mr. Abubakar Balarabe Mahmoud, OON, SAN, and Chief Executive Officer, Mr. Temi Popoola, CFA, is on course to further champion the reawakening of the capital market from the effect of the pandemic. To achieve this, NGX, alongside its sponsors BUA Group, Central...

  Bearish sentiments resurfaced on the Nigerian Exchange (NGX) on Wednesday with key indices dropping by 0.22 per cent on profit taking in some blue chips.Specifically, the market capitalisation which opened at N22.672 trillion shed N50 billion or 0.22 per cent to close at N22.622 trillion. Similarly, the All-Share Index...

  The Senate has queried the Securities and Exchange Commission (SEC) for spending N6 billion out of its N9 billion revenue on salaries and other emoluments. The Chairman, Senate Committee on Capital Market, Sen. Ibikunle Amosun (APC-Ogun) gave the query when the commission’s Director-General Yuguda Lamido appeared before the committee...

 Vice Chancellor of University of Ibadan, Prof. Kayode Adebowale, has commended Dr Bibiana Okoli, the first female visually-impaired to bag a Doctor of Philosophy degree from the institution’s Department of Special Education. Adebowale, who gave the commendation in his address at the 73rd Founder’s Day and convocation ceremony of the...

  The Senate on Wednesday passed a bill to establish the Real Estate Regulatory Council of Nigeria.   The Council when established would, amongst others, curb fraudulent practices to ensure that the real estate business confirms with the National Building Code in Nigeria.   The bill which scaled third reading...

Gov. Gboyega Oyetola of Osun State has approved payment of bursary to indigent students in the state’s tertiary institutions. The state’s deputy governor, Mr Benedict Alabi, said this at an award presentation and endorsement of Oyetola’s second term candidature by the National Association of Polytechnic Students (NAPS) on Wednesday in...

The Executive Chairman of the Economic and Financial Crimes Commission, EFCC, Abdulrasheed Bawa on Wednesday, November 17, 2021, pledged to partner with the Air Force Institute of Technology, Kaduna in the areas of training and cyber security. He made the pledged when a delegation of the Institute led by the...

The President of the Senate, Ahmad Lawan arrived in Kano Wednesday morning to attend the burial of Alhaji Sani Dangote who died on Sunday. Lawan is being accompanied on the trip from Abuja by Senator Sani Musa, Senator Bello Mandiya, Senator Tokunbo Abiru and Alhaji Auwal Lawan(Sarkin Sudan Gombe). Sani...

*condoles with Dangote, Dantata families The late Alhaji Sani Dangote, the younger brother to Africa’s richest man, Alhaji Aliko Dangote, was not only a brother and friend but also a collaborator in some of the decisions taken by the Buhari administration, especially in the agricultural sector, according to Vice President...