archiveJanuary 4, 2022

  The National Agency for Food and Drug Administration and Control (NAFDAC) has approved a herbal drug developed by Afe Babalola University, Ado-Ekiti (ABUAD) for treatment of COVID-19. The founder of the University, Afe Babalola who made this known on Tuesday, said the drug had been tested on 19 COVID-19...

Nigerian bouse began the year transactions on Tuesday on a bullish note as All-Share Index rose by 0.77 per cent and investors gainning N171.7 billion. The benchmark index scaled up by 330.34 basis points to 43,046.78, while market capitalisation climbed to N22.5 trillion at the end of the day trading....

Attorney-General of the Federation (AGF), Abubakar Malami, has said that Nigeria was “getting it right” in the fight against corruption. Malami spoke on Tuesday when he appeared as a guest on ‘Good Morning Nigeria,’ a programme on the Nigerian Television Authority (NTA). According to him, President Muhammadu Buhari has adopted...

The President of the Senate, Ahmad Lawan has lauded the Governor of Yobe State, Mai Mala Buni over his efforts at revitalizing the education sector in the state. Lawan spoke in Abuja while receiving in audience on Tuesday members of the Yobe State Education Appeal Fund Organising Committee led by...

OPEC and its allies decided on Tuesday to maintain their policy of modestly boosting oil output next month as the rapidly spreading Omicron variant has so far not heavily hit demand. The OPEC+ grouping, including top producers Saudi Arabia and Russia, has resisted US pressure for a wider opening of...

Berger Paints Plc has informed The Exchange, stakeholders, and the general investing public of a change in leadership. According to the notice filed with the Nigerian Exchange and signed by the Company’s Secretary, Ayokunle Ayoko, the current Managing Director/CEO of Berger Paints Plc, Mr Anjan Sircar will be retiring from...

  The Independent National Electoral Commission (INEC) on Tuesday released the timetable for the June 18, 2022 Ekiti State governorship election. It also published the Notice of Election at the Commission’s state office in Ado-Ekiti, the State capital. According to the Chief Press Secretary to the INEC Chairman, Rotimi Oyekanmi,...

as dignitaries grace third day Fidau prayers Oyo State Governor, ‘Seyi Makinde, on Tuesday, commended the peaceful reign of the late Olubadan of Ibadanland, His Imperial Majesty, Oba Saliu Adetunji, Aje Ogunguniso 1. The governor, who was represented by the Deputy Chief of Staff, Abdulmojeed Mogbonjubola, at the 3rd Day...

says slight macro-fiscal shock can push debt to unsustainable levels The World Bank has said that Nigeria’s debt, which may be considered sustainable for now, is vulnerable and costly. According to the Washington-based global financial institution, the country’s debt is also at risk of becoming unsustainable in the event of...

The Central Bank of Nigeria (CBN) and others particularly the financial services regulators, would invest N1.54 trillion over five years to increase liquidity in the financial services sector. The government intends to boost the liquidity thresholds in each segment of the financial system to levels that will sustain the country’s...