archiveNovember 2021

President of the Senate, Ahmad Lawan, has given the Committee on Appropriations till Wednesday this week to conclude budget defense by subcommittees of the upper chamber. Lawan explained that the ultimatum became necessary in keeping with the December 14 timetable for the passage of the 2022 budget by the National...

  The Nigeria bourse appreciated by 0.14 per cent as the market capitalization rose from N22.54 trillion to N22.57 trillion at the close on transactions on Monday. The market All-Share Index rose by 60.86 basis points to close at 43,260.13 from 43,199.27 with which the market closed on Friday last...

The Vice President, Prof. Yemi Osinbajo, has said that the Federal Government plans to inject 10 million gas cylinders in the next one year, through certified marketers in 12 pilot states. Osinbajo disclosed this at a two-day Liquefied Petroleum Gas (LPG) sensitisation under the theme: “Stimulating Delta state’s socio-economic growth...

  Heritage Bank Plc has been adjudged Banker of the Year 2021 under SMEs and Agric category, which was awarded to the MD/CEO of the Bank, Ifie Sekibo. The bank won the prestigious award at the New Telegraph 2021 Awards in recognition of its leadership position in delivering sterling development...

  Nigeria’s Debt Management Office (DMO) has said federal government’s bonds for November worth N150 billion, which were auctioned on November 17, were oversubscribed by N117.15 billion. According to the DMO, the total subscription received from investors was N267.15 billion, with only one of the bonds undersubscribed. It said subscription...

  Osun University Teaching Hospital (UTH), on Monday, conducted autopsy on the late Timothy Adegoke, a post-graduate student of Obafemi Awolowo University (OAU). The News Agency of Nigeria (NAN) reports that the autopsy, scheduled for 11:00 am., did not commence until 2:30 pm., due to late arrival of the deceased’s...

The National Action Committee, African Continental Free Trade Agreement (AfCFTA) has emphasised the need to cascade down its activities to the subnational level with state governments playing a major role. Secretary of the committee, Mr Francis Anatogu, said this on Monday during a joint news conference with the Nigeria Governors’...

Higher institutions become globally recognized because of their active engagements in research according to Vice President Yemi Osinbajo, SAN. Prof Osinbajo stated this today when he received a delegation from the University of Lagos, (UNILAG) Alumni Association, led by the National President, Dr John Momoh. He said, “we should focus...

as Senate donates N5.5m to fallen heroes President of the Senate, Ahmad Lawan, has said that the Armed Forces deserve support from Nigerians for the sacrifices made in tackling various forms of insecurity across parts of the country. Lawan made this known on Monday while receiving a delegation of the...

As part of the African Development Bank’s effort to improve infrastructure in Nigeria, Kano State is set to get $110 million of $563 million the bank is providing. The $563 million fund would be spent on developing rural roads, transport infrastructure, water, sanitation, and agricultural productivity in Nigeria, The Cable...