Equities market furthered its downward movement on Thursday as sell-side pressure continues on the Bourse. The market decreased by N118 billion or 0.21 percent at the close of trading. The market which saw pockets of demand in select names however…
The Abuja Electricity Distribution Company (AEDC) and Transafam Power have signed a Memorandum of Understanding (MoU) to provide 50 megawatts of embedded power to the Idu commercial hub in Abuja. The MoU was signed In Abuja during the week by…
…I engaged in peaceful protests for democracy, won’t condone destruction — Tinubu …Ooni, Dein, Zazzau Emir others urge peace, warn against hijacked protests By Sodiq Adelakun The Department of State Services (DSS) has revealed that it has uncovered a sinister…
The Federal Government has threatened jail term for Local Government Area chairmen tampering with the Federation Accounts Allocation Committee funds. This was made known by the Attorney General of the Federation and Minister of Justice, Lateef Fagbemi (SAN), on Thursday.…
By Esther Agbo Following the hike in CBN interest rate, the Manufacturers Association of Nigeria (MAN) has warned that the new rate would further constrain the growth of the manufacturing sector, affecting consumer purchasing power, production levels, competitiveness, and sales.…
The senate passed the finance act (amendment) bill, 2024 on tuesday, following the consideration and adoption of the report of the senate committee on finance presented by its chairman, sen. Sani Musa. Presenting the report, Sen Sani Musa stated that…
The Secretary to the Lagos State Government (SSG), Bimbola Salu-Hundeyin, says there is no reason for anyone to cause protest in the state. Salu-Hundeyin said this on Tuesday in Ikeja, during the SSG’s meeting with the Secretaries to the Local…
Minister of the Federal Capital Territory (FCT), Mr Nyesom Wike, has pledged to complete the Karshi to Apo Road construction project in the next six to seven months. Wike made the pledge on Tuesday, when he visited the project site,…
…External reserves hit 17-month high of $37bn, to boost investor confidence …Nigeria’s capital importation hits $5.92 billion …Implement fiscal policy measures to tackle inflation — CPPE to FG …Pressure on Naira represents a clear risk to Nigeria’s policy rate —…
The Inspector General of Police, Kayode Egbetokun, on Tuesday, said there was a decline in crime rates across the country in the past few months due to the strategies deployed by the police. Specifically, he noted that major crimes dropped…
