Insecurity scourge took a tougher dimension on Tuesday night, the 5th of July, 2022, following another prison attack, this time on the Kuje Medium Security Custodial Centre of the Nigerian Correctional Service (NCoS); a development that left no fewer than…
By Philemon Adedeji The Nigerian stock market on Wednesday extended its losing streak for the third consecutive session as market capitalisation dipped N16billion. The All Share Index (ASI) decreased by 29.96 absolute points, representing a dip of 0.06 per cent…
Though raw materials import with its attendant foreign exchange burden has remained a militating factor, it is not the only factor responsible for the less than sterling performance of paints manufacturers. Other challenges facing the industry include a dearth of…
By Philemon Adedeji Infinity Trust Mortgage Bank Plc has reported its unaudited financial statement for the half year (H1) ended June 30th, 2022, declaring 7.7 per cent increase in Profit After Tax to N323.14 million from N300.1million reported in half…
The Federal Competition and Consumer Protection Commission (FCCPC) has announced that it will henceforth sanction Electricity Distribution Companies (DisCos) and other offenders who fail to comply with extant rules and regulations in the power sector. This was made known by…
The new Minister of State, Ministry of Mines and Steel Development (MMSD), Sen. Gbemisola Saraki has promised to impact her wealth of experience in the mining sector. Saraki made this known when she assumed duty, as the Minister of State…
By Seun Ibiyemi Airlines passengers may face heavy traffic for three months at the Murtala Muhammed International Airport (MMIA) access road as the Federal Airports Authority of Nigeria (FAAN) shut down domestic runway, divert landing to international airport. The closure…
By Matthew Denis Abuja Following Tuesday night’s bomb attack on the Kuje Medium Security Custodial Centre in Abuja, Vice President Yemi Osinbajo has visited the facility. Over 100 terrorists had on Tuesday night attacked the facility, freeing hundreds of inmates,…
By Matthew Denis Abuja President Muham madu Buhari on Wednesday administered the oath of office on seven new Ministers whose appointments were confirmed last week by the Senate. He also reshuffled his cabinet resulting in five Ministers being moved around.…
Joel Oladele, Abuja The Defence Minister, Major General (rtd.) Bashir Salihi Magashi has linked the attack which led to escape of about 600 inmates of Kuje Prison to the terrorist group called Boko Haram. In an interview with journalists in…
