Activities on the Nigerian Stock Exchange on Friday remained upbeat for the fifth consecutive day, with the All-Share Index growing by 1.28 per cent to cross 26,000 mark. The index rose by 332.20 points or 1.28 per cent to close at 26,319.34, compared with 25,987.14 recorded on Thursday. In the same vein, the market capitalisation grew by N173 billion to close at N13.754 trillion, from N13.581 trillion on Thursday. Nigerian Breweries led the gainers’ table, appreciating by N4.70 to close at N52.55 per share. Presco followed with N3.50 to close at N53, while Dangote Cement appreciated by N3.10 to close…
Author: Ayo Oye
Read More
The Chief of Army Staff, Lt-Gen Tukur Buratai on Friday, urged Non Commissioned Officers to rededicate themselves to duty as the Nigerian Army (NA) has no room for any form of indiscipline. Buratai gave the charge during the graduation ceremony of participants of Warrant Officers Course 36, who went through 22 weeks training at the Warrant Officers Academy at Jaji Military Cantonment, in Kaduna State. The News Agency of Nigeria (NAN) report that Buratai was representated by Commander Infantry Corps, Maj.-Gen Stevenson Olabanji. “I believe that you are now ready and better prepared to redicate yourselves to duty in absolute loyalty,…
As Nigeria mark’s her 60th Independence Anniversary on Oct. 1, First Lady Aisha Buhari used the opportunity to offer prayers for peace and unity of the nation. Buhari was joined by the former first lady, Mrs Turai Yar’Adua and other special guests during a special Jumma’ah prayer to mark the anniversary on Friday in Abuja. The News Agency of Nigeria (NAN) reports that the theme of the Independence anniversary lecture was “Together Nigeria at 60: The Imperative of Building a Nation Together”. ”First, we thank the almighty Allah for making it possible for us to witness the 60th Independence of…
The Air Task Force of Operation Lafiya Dole has hit Boko Haram/Islamic State of West Africa Province (ISWAP) terrorists’ hideouts and killed several fighters in the Lake Chad, and Sambisa forest in Borno. The Coordinator, Defence Media Operations, Maj.-Gen. John Enenche, in a statement on Friday, said the air strikes were launched on Sept. 22 under a subsidiary operation tagged ‘’Operation Hail Storm’’. Enenche said the air interdiction was aimed at taking out identified Boko Haram and ISWAP terrorists in the North East. He explained that one of the targets was located at Bula Sabo on the fringes of the…
Edo Government is targeting local technologies, talents and agricultural products at its 2020 Trade Fair to begin on Nov. 27 to Dec. 20. Mr John Imalingmhe, Director General, Benin Chamber of Commerce, Industry, Mines and Agriculture, disclosed this in an interview with the News Agency of Nigeria (NAN) in Benin on Friday. Imalingmhe told NAN that preparations were in top gear to get massive participation for the fair amidst adherence with the COVID-19 protocols. “Preparation for the trade fair is on and we are canvassing participation within and outside the state. “We are happy that the trade fair will be…
The Chairman, Senate Committee on Finance, Sen. Solomon Adeola, on Friday commiserated with the victims of Thursday’s gas explosion in Iju-Ishaga, Ifako-Ijaiye Local Government Area of Lagos State. Adeola, (APC-Lagos West), said he was saddened by the incident and shared in the pains of many victims who were injured and those who lost properties worth millions of Naira. He decried the incessant incidents of pipeline, tanker and gas explosions in his senatorial district, saying there was need to strictly enforce safety measures and regulations to halt the trend. “It is disheartening to learn from Tanker Owners Association that over 80…
As Nigeria celebrates its 60th Independence, Nigerians have scored the President Muhammadu Buhari-led administration high in rescuing the country from precipice of destruction. A cross section of Nigerians in the Southwest states and Kwara assessed the administration based on its nine-point agenda. They said that the government’s sincerity of purpose was evident in the giant strides of provision of infrastructure including roads, housing, rail system of transportation, schools and hospitals. The respondents, however, urged the government to spend the remaining three years of the administration to tackle unemployment, revive the economy and combat insurgency and other security challenges facing the…
The police in Osun on Friday arraigned th ree applicants in an Ile-Ife Magistrates’ Court for allegedly smoking marijuana in public. The police charged Friday Samuel, 30, Moses Daniel, 24 and Oladayo Ayoola, 21, with conspiracy and felony to wit: conduct likely to cause the breach of public peace. The Prosecution Counsel, Insp. Abdullahi Emmanuel, told the court that the defendants committed the offence between Sept. 23 and Sept. 24t, around 8.30 pm and 8 a.m. in Ile-Ife. Emmanuel also said that the defendants conducted themselves in a manner that may cause breach of peace in Ile-Ife and it’s environs…
A 45-year-old businessman, Austin Ogiemwonyi, who allegedly obtained N1.7 million on the pretext of buying a car, was on Friday brought before an Ikeja Magistrates’ Court. The defendant, who resides at Satellite Town, Lagos, is being tried for obtaining money under false pretences and stealing. he, however, pleaded not guilty. The defendant committed the offences on May 18 at Satellite Town, according to the prosecutor, ASP Ezekiel Ayorinde. The prosecutor said that the defendant obtained the sum from one Mr Monday Sunday on the pretext of buying a Toyota Corolla for him. “After the defendant collected the money from the…
New York State will conduct its own review of any coronavirus vaccine endorsed by the White House amid concerns that President Donald Trump was fast-tracking their development to help his reelection bid, official said. New York Governor Andrew Cuomo said this during a news conference. “Frankly, I’m not going to trust the federal government’s opinion and I wouldn’t recommend to New Yorkers based on the federal government’s opinion,” Cuomo said. “New York State will have its own review when the federal government is finished with its review and says ‘it’s safe.’ We’re going to put together our own review too.”…