archiveDecember 18, 2021

Trading on the nation’s bourse closed green on Friday with the market capitalisation rebounding by N51 billion due to gains by some blue chips. Specifically, the market capitalisation which opened at N22.056 trillion improved by N51 billion to close at N22.107 trillion. Also, the All-Share Index rose by 82.98 points...

  Vice President Yemi Osinbajo has expressed optimism that the African Development Bank (AfDB)’s 600 million dollars support fund for digital and creative enterprise in Nigeria will be ready by early 2022. Osinbajo said this at an interactive session with graudands of Edo Tech Park, in Benin City, Edo, on...

  Gov. Inuwa Yahaya of Gombe, on Friday, signed the N154.9 billion 2022 budget into law.The News Agency of Nigeria (NAN) reports that the total budget size is N154,963 billion reflecting an increase of N353,350 million over the initial sum of N154,610 million proposed by the governor. Speaking at the...

  Densely-populated Lagos State is driving Nigeria’s COVID-19 surge as the country registered 1,584 new infections on Friday.Lagos, the smallest state in Nigeria has a land mass of 1,171.28 square kilometres and an estimated population of between 17.5 million and 21 million as of 2020. About 6,871 people live in...

The Nigerian Labour Congress (NLC) has announced that it will hold a national protest on February 1, 2022, against Federal Government’s plan to remove fuel subsidy in 2022. It said that before the major protest, there would be rallies in 26 states of the federation on January 27th aimed at...

  Federal, states and local councils shared N675.946 billion from the federation account for November on Friday.Mr Olajide Oshundun, Acting Director, Information, Ministry of Finance, Budget and National Planning stated this on Saturday in Abuja. The Federal Government received N261.441 billion of the money, while states and local councils got...

*VP receives Prime Minister at Presidential Villa Nigeria and Sao Tome & Principe's Organised Private Sector ought to take advantage of investment opportunities in both countries as a form of strengthening bilateral relations according to Vice President Yemi Osinbajo, SAN. He said this today during a courtesy call by the...

The Lagos Command of the Economic and Financial Crimes Commission (EFCC) on Friday, December 17, 2021, arraigned Femi Fani-Kayode, a former Minister of Aviation, before Justice O.O. Abike-Fadipe of the Special Offences Court sitting in Ikeja, Lagos on 12 counts bordering on use of false documents, use of fabricated evidence,...

The Lagos Command of the Economic and Financial Crimes Commission (EFCC) on Friday, December 17, 2021, secured the conviction and sentencing of one Linda Mabi-Praise, a self-acclaimed prophetess, before Justice S.O. Solebo of the Special Offences Court sitting in Ikeja, Lagos for an alleged N128 million fraud. Mabi-Praise, who was...

workers, retirees hail administration Workers and retirees in Oyo State jubilated on Friday, following the decision of Governor Seyi Makinde to pay December salaries on the 17th of the month. The development is keeping in line with what the governor did last year when he paid workers’ and pensioners’ December...