Month: September 2020
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Interim dividend: NSE market capitalisation up N26bn
The nation’s bourse sustained positive rally on Thursday with the market capitalisation increasing by N26 billion on the back of interim dividends declared by some banks. The market capitalisation which opened at N13.282 trillion rose by N26 billion or 0.20 per cent to close at N13.308 trillion. Also, the All-Share Index grew by 51.02 points…
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Naira strengthens against dollar
The Naira on Thursday gained one point to appreciate against the dollar at the parallel market in Lagos. The News Agency of Nigeria, (NAN) reports that the Naira exchanged at N439 to a dollar at the parallel market in Lagos, while Pound Sterling and the Euro closed at N580 and N495 respectively. Investors at the…
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NlPR urges FG to rescind decision on new pump price, electricity tariff
The Nigerian Institute of Public Relations (NIPR), Kwara chapter, has urged the Federal Government to rescind its decision on new prices of petrol and electricity tariff. The NlPR made the plea in llorin on Thursday in a statement jointly signed by its state Chairman, Dr Saudat AbdulBaki, and Secretary, Alh. AbdulRahman Sanni According to it,…
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Obaseki seeks voter support to continue development of Edo
Gov. Godwin Obaseki of the Peoples Democratic Party (PDP), has said that his administration was doing a lot in the development of Edo and and could not afford to stop now. Obaseki stated this on Thursday in Benin during the party’s ward-to-ward campaign at ward nine, Ikpoba-Okha Local Government Area of the state. Obaseki is…
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Edo Election: Ize-Iyamu promises to increase funding for AAU
Pastor Osagie Ize-Iyamu, All Progressive Congress (APC), candidate in the Edo governorship election has promised to increase funding for the Ambrose Alli University (AAU), if elected. Ize-Iyamu gave the assurance during his ward-to-ward campaign at Iruekpen, Eguare and Uhiele in Esan West Local Government Area of the state on Thursday. He alleged that the Gov.…
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Lagos Bye-Elections: INEC promises to follow COVID-19 protocols
The Independent National Electoral Commission (INEC) in Lagos said that the Oct. 31 bye-election in the state would be in compliance with the COVID-19 pandemic protocols. The INEC Resident Electoral Commissioner, Mr Sam Olumekun, gave the assurance on Thursday during a courtesy call on him by the National Youth Service Corp (NYSC) management, led by…
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Arewa forum in Edo backs Gov. Obaseki’s re-election bid
Arewa Forum in Edo has declared support for the re-election of the candidate of the Peoples Democratic Party (PDP), Gov. Godwin Obaseki of Edo, ahead of the Sept. 19, gubernatorial election in the state. The President of Edo AREWA, Alhaji Sahabi Umar, made the declaration while addressing a crowd of PDP supporters in Wards 1,…
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Reps minority caucus rejects rise in fuel pump price
The minority caucus in the House of Representatives, has rejected the increase in pump price of fuel from N148 to N151. 56 announced by the Petroleum Product Marketing Company (PPMC) on Wednesday. The lawmakers, in a statement , said that the increment was unacceptable as it would result in increase in the already high cost…
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U.S. to divert outstanding 2020 WHO dues – Official
The U.S. Government says it will not pay its outstanding 2020 membership due of $62 million (N23.6 billion) to the World Health Organisation (WHO). Rather, the money will be diverted to other contributions to the United Nations, according to a senior official of the Department of State, Ms Nerissa Cook. Cook, who is the Deputy…
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NCWS urges prayers as Ngozi Okonjo-Iweala seeks WTO top seat
The National Council of Women’s Societies (NCWS) has called for prayers, especially among women, for Dr Ngozi Okonjo-Iweala to win her bid to be elected as Director-General of the World Trade Organisation (WTO). A statement issued in Abuja on Thursday quoted Mrs Laraba Shoda, NCWS President, as pleading with all Nigerians to support Okonjo-Iweala’s aspiration…