The end of the third quarter of 2022 saw growth gather momentum in the Nigerian private sector. Sharper rises in output and new orders were recorded, while there were emerging signs of capacity pressures. Cost inflation remained elevated, in large part due to currency weakness, while business confidence waned. The headline figure derived from the survey is the Purchasing Managers’ Index™ (PMI®). Readings above 50.0 signal an improvement in business conditions on the previous month, while readings below 50.0 show a deterioration. The headline PMI rose to 53.7 in September, up from 52.3 in August and signalling a solid strengthening…
Author: tech
The publisher of leading online newspaper DAYLIGHT, Azuh Amatus will be unveiling and presenting his two new books, FAMOUS FACES…Interactions with Nollywood Stars and Stakeholders, to the public this Sunday, October 9, 2022. The event, according to a statement issued by Amatus and made available to the public, holds elaborately at the high-end Colonades Hotels, on 21 Alfred Rewane Road, Ikoyi, Lagos, under the distinguished chairmanship of Mr. Femi Adesina, Special Adviser to the President (Media & Publicity). Minister of Information and Culture, Alhaji Lai Mohammed, will deliver the keynote address. Other special guests being expected at the ceremony, which…
A London conference on Monday told the Nigerian government to upscale its investment in education to pull the West African country out of endemic poverty. Speaking at a colloquium, marking Nigeria’s 62nd Independence, the keynote speaker, Mrs Ibironke Adeagbo, said that Nigeria could only turn the corner if adequate investment was made in education. Adeagbo is a Chartered Accountant and Chief Executive Officer of the UK charity, IA-Foundation, which is active in Nigeria. According to her, Nigeria has not been able to fund education adequately over the years, in spite of its position as Africa’s top economy and crude oil…
The Speaker of the House of Representatives, Rep. Femi Gbajabiamila, says Nigeria needs leaders with capacity to manage rapid domestic and global changes to achieve prosperity, peace, and security. Gbajabiamila said this at the opening of Legislative Mentorship Initiative (LMI) workshop titled: ‘’Building the Next Generation of Nigeria’s Public Sector Leaders’’ on Monday in Abuja. The News Agency of Nigeria (NAN) reports that the workshop was organised for 74 young Nigerians, including Persons with Disabilities selected across the 36 states of the Federation and the FCT. The speaker said the quality of decision-making in politics and governance which would define…
Belief in the efficacy of a locally-prepared charm that could stave off gunshots has led to the death of a 12-year-old child in Kaiama in Kwara. His elder brother shot him dead while testing the efficacy of the charm with which the two of them had just “fortified’’ themselves. Police spokesman in Kwara, SP Ajayi Okasanmi, stated in Ilorin on Monday that upon their return home after procuring the charm, the elder took their father’s hunting Dane gun and shot the deceased to test its efficacy. The 12-year-old died on the spot from the shot, he stated. “The two of…
A three-year-old golf prodigy in 2016, Lewis Dandyson, who entered the annual Awa Ibraheem Junior Golf Open Championships as the youngest ever, says he wants to be the champion of the 2022 tournament. Dandyson, now nine years, in an interview with the News Agency of Nigeria (NAN) on Monday, said he is matured enough to take the top prize at the age-grade golf championships scheduled from Oct. 21 to Oct. 22. NAN reports that the Awa Ibraheem Junior Golf Championships is for children from ages five to 18 and is organised to celebrate a golf icon, Alhaji Awa Ibrahim, whose…
Air Peace has introduced an insurance package from AIICO Insurance Plc., to compensate unpleasant experiences of domestic travellers. A statement by Mr Segun Olalandu, Head, Strategic Marketing and Communications Department, AIICO, on Monday in Lagos, said the product was for the personal benefit of the air passengers at a premium of N1,000 per flight. Olalandu stated that with the product passengers were entitled to compensation for inconveniences suffered due to flight cancellations, delays, baggage loss or damage and medical expenses on accident or permanent disability. “Passengers have a choice to opt out of the insurance package and there is a…
Sen. Umaru Al-Makura (APC-Nasarawa South), said on Monday that the APC- led Federal Government recorded tremendous achievements in infrastructure and human capital development in the past seven years. Al-Makura told the News Agency of Nigeria (NAN) in Abuja, that the achievements of APC in the last seven years were empirical and obvious for any one to see. The lawmaker also said the the party had demonstrated commitment to promoting national cohesion, concern for the downtown and the vulnerable in terms of creating platforms for the change of their conditions. ” We have achieved major infrastructure development that had been attempted…
The Nigeria Security and Civil Defence Corps (NSCDC) have arrested a marine welder, Iyamba Edem-Iyamba, in Calabar for attempting to vandalise NNPC’s pipeline. The attempted vandalism would have facilitated the syphoning of petroleum products into the facility of a company, Mettle Energy and Gas Company, if it had been successful. “A similar thing happened in the same company in 2020 when one of the company’s tanks was used to syphon petroleum products from the NNPC pipeline. “Five persons were convicted then for vandalising the NNPC pipeline and they served their jail term. “They forfeited some cars and other property to…
The Zamfara Chairman of the APC, Alhaji Tukur Danfulani, has said that the people of the state are ready to vote for all APC candidates in the upcoming 2023 general elections. In a statement in Gusau on Monday, the state Publicity Secretary of the party, Malam Yusuf Idris, said Danfulani made said this while receiving APC supporters under Sen. Kabiru Marafa’s political group from Zamfara North Senatorial District on a courtesy visit. According to the Chairman, the party will continue to strategise for the victory of the party in the state. “Danfulani also called for unity, peace and stability for…