bridging information and transformation
The local equities market yesterday maintained the losing streak for the second consecutive session by a N357 billion loss, following losses in Nigerian Exchange Group Plc and 50 others. The All-Share Index declined by 564.79 per cent, representing a loss of 0.39 per cent, to close at 145,300.01 points. Similarly, the overall market capitalisation value […]
The federal government has called on oil companies operating in the country to sell their idle assets to others capable and willing to develop them, reaffirming a strengthened partnership with Chevron Nigeria Limited. This is to accelerate Nigeria’s oil production and optimise resource utilisation. The minister of state for Petroleum Resources (Oil), Senator Heineken Lokpobiri, […]
The Federal Operations Unit (FOU) Zone A of the Nigeria Customs Service (NCS) announced on Thursday the seizure of seven trucks of smuggled foreign parboiled rice, used vehicles, Premium Motor Spirit (PMS), and bales of used clothing, valued at N3.145 billion, in the last three weeks. The Customs Comptroller, FOU Zone A, Mohammed Shuaibu, briefed […]
Access Holdings Plc, has pledged its continued support for Zambia’s energy and agriculture sectors. The Bank stated this during a courtesy visit and high-level discussion with Zambia’s President, Hakainde Hichilema, in Lusaka. During the meeting, Hichilema noted that Zambia currently faces a power generation and transmission shortage, emphasising the need for increased investment following the […]
Smirnoff Ice, a brand from Guinness Nigeria’s stable, has celebrated International Youth Day with Chilltopia, a high-energy, touring event in three cities: Lagos, Abuja, and Port Harcourt. With the theme “Dare to Chill”, the tour brought together music, games, creativity, and premium hospitality to unite young Nigerians under the spirit of #TogetherWeChill. Speaking at the […]
Property expert and CEO of Harmony Gardens and Estate Development, Dr Saheed Mosadoluwa, has said that property value in the Lekki-Epe corridors will continue to soar while noting that with “Detty December” just around the corner, the race to secure a slice of Ibeju-Lekki’s future was heating up. He cited Dangote Refinery, Lekki Free Trade […]
The Director General of National Environmental Standards and Regulations Enforcement Agency (NESREA), Professor Innocent Barikor has affirmed that investments in the circular economy value chain has the potential to increase the country’s foreign exchange earnings. Prof. Barikor stated this recently at a meeting with the management of a plastic packaging recycling (rPET) company, Sonnex in […]
Minister of Information and National Orientation, Mohammed Idris, has described the federal government’s Oncology Centre in Enugu as world-class, citing it as evidence of President Bola Ahmed Tinubu’s commitment to delivering life-changing health infrastructure to Nigerians. The minister made this statement yesterday in Enugu, while leading a high-powered delegation to inspect the newly established Oncology […]
The Kano State Police Command has imposed movement restrictions in Ghari, Tsanyawa, Bagwai, and Shanono local government areas ahead of Saturday, August 16 re-run and by-elections. According to the police, the restriction, which will be in force from midnight on Friday, August 15, to 6p.m. on Saturday, August 16, is aimed at maintaining law and […]
Abia State government has initiated measures to curb building collapses as it reforms the land and housing sectors. This is a sequel to the recent collapse of two uncompleted buildings in the state capital, Umuahia, and Aba, the commercial hub, which recorded no loss of lives. Speaking to the media after a state executive council […]