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The Nigerian Exchange Limited on Thursday closed positive with a gain of N140bn added to investors’ wealth on the local bourse. The market capitalisation had shed N158bn on Wednesday on the back of losses recorded by MTN Nigeria (-3.85 per cent), Wema Bank (-10 per cent), Fidelity Bank (-3.57 per cent), Sterling Financial Holding Company (-2.72 per cent, Unity Bank (-2 per cent), FCMB (-0.33 per cent) and FBN Holdings […]
The German Ambassador to Nigeria, Annett Günther, on Thursday, said both country’s trade volumes hit €3bn in 2022. Günther stated this at a press conference on Thursday. She said Germany’s main exports to Nigeria are “Machines at 28 per cent; food products at 20 per cent; and chemical products at 19 per cent while Nigeria’s main exports to Germany are crude oil at 83 per cent, food products at 12 […]
Five passengers were crushed to death in Sri Lanka on Friday when a large tree fell on a state-run bus in the heart of the capital Colombo, police said. Another nine were rescued from the wreckage and admitted to hospital where their condition was listed as stable. There were about 20 passengers on board at the time. “The bus had stopped at the Kollupitiya stand to pick up more passengers […]
Price of 12.5kg of Liquefied Natural Gas or cooking gas has increased to N12,500 Market survey by our correspondent revealed that gas retailers had jerked up prices of 12.5kg from N10,000 reported towards the end of last month, to around N12,500 in Lagos.
Mixed reactions greeted Folashade Tinubu-Ojo, the first daughter of President Bola Tinubu’s Independence Day speech. Tinubu-Ojo, the Iyaloja-General of Lagos State, in a now-viral video on Monday, urged citizens to “keep the hope” alive for a better Nigeria, despite the challenges that abound in the country. She added that she believed “Nigeria would still work for every Nigerian.” “Happy Independence celebration to every Nigerian, especially my beloved father, Mr. President, […]
The acting controller of Ogun Area 1 Command of Nigeria Customs Service Deputy Comptroller Ahmadu Shuaibu on Monday, said that smugglers operating around the border communities in the state have suffered loss of at least N1.5bn worth of goods seized by the command between this year January and September. Shuaibu who lamented this huge loss said that assuming such an amount was spent on legitimate trade, it would have improved […]
Chicago State University, United States of America has released to former Vice President Atiku Abubakar the academic records of President Bola Tinubu. The CSU released the documents to Atiku on Monday in compliance with the order of a United States District Court in Northern District of Illinois. In ordering the CSU to release Tinubu’s academic record, a US district judge dismissed the President’s objection. The judge ruled: “For the foregoing […]
The National Deputy President of the Trade Union Congress, Tommy Etim, said nothing would stop the strike, noting that Nigerian workers were disenchanted with the Federal Government. He stated that the unions had given the government sufficient time to address their demands, stressing that the workers would not allow themselves to be deceived any longer.
The governorship candidate of the All Progressives Congress in Bayelsa State, Timipre Sylva, and incumbent Governor Douye Diri of the Peoples Democratic Party on Sunday, engaged in a war of words over allegations of spying and violence ahead of the November 11 polls. Sylva claimed in a statement signed by his Special Adviser, Media and Publicity, Julius Bokoru, that Diri had recruited spies to monitor his movements but the second-term-seeking […]
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