The Nigerian Stock Exchange market indices on Wednesday dropped by 0.95 per cent after 12 consecutive days of bullish trading. The drop followed profit taking in blue chips. Speficially, the All-Share Index dipped 275.02 points or 0.95 per cent to close at 28,634.35 compared with 28,909.37 recorded on Tuesday. Also, the market capitalisation lost N144 Read More…
Month: October 2020
BBNaija winner Laycon appreciates organisers, media houses
The 2020 winner of the Big Brother Naija Reality TV Show (Season Five) “Lockdown’’, Olamilekan Agbelesebioba aka “Laycon’’, has expressed gratitude to the organisers of the Show and the media for their tremendous work. Laycon, who said he was so excited for the life changing status BBNaija gave to him, took to his Instagram page Read More…
MJ’s Beat It, rock guitar virtuoso, Eddie Van Halen dies at 65
Eddie Van Halen, the pioneering guitar player whose hard-rocking band emerged from the Sunset Strip music scene in Los Angeles in the early 1970s to stand at the top of rock ‘n’ roll for a decade, died of cancer on Tuesday. He was 65. Van Halen’s death was announced by his 29-year-old son, Wolfgang, a Read More…
Battle for supremacy as Nigeria and Algeria meet in royale friendly
The tupsy-turvy football rivalry between Nigeria and Algeria which stretches a long time back is always a classic. It can simply be seen as a battle for supremacy between two of Africa’ s football giants. Three–times African champions Nigeria will file out against the in-form Desert Foxes of Algeria in a friendly. The match will Read More…
Barca start process of reducing salaries due to COVID-19 losses
FC Barcelona have begun a process to reduce the pay of players, coaches and non-sporting staff to adapt to the huge losses suffered due to the COVID-19 pandemic. A club source who disclosed this on Wednesday also said staff have been notified by the club of the need to reduce costs. This was after the club Read More…
Lagos State records highest 6mth IGR of N204.5bn, states, FCT hit N612.9bn
The National Bureau of Statistics (NBS) says Lagos State recorded the highest Internally Generated Revenue (IGR) of N204.51 billion in the first half of 2020. The NBS made this known in its Internally Generated Revenue at State Level (H1 2020) report made available on its website on Tuesday. It said the second state with the Read More…
LCCI reviews state of economy, advises policy makers
The Lagos Chamber of Commerce and Industry (LCCI) has advised policy makers on the formulation and implementation of policies to facilitate sustainability as business operators grapple with the devastating impact of the COVID-19 pandemic. Mrs Toki Mabogunje, President, LCCI. gave the advice at a press conference on the state of the economy, on Tuesday in Read More…
‘Meplaylist’ makes Matthew Knowles, Beyonce’s dad, Kiladejo, executives
Nigerian on-demand music streaming platform, Meplaylist has announced the appointment of Beyonce’s father, Mathew Knowles and Michael Kay Kiladejo as members of its global executive team. According to a statement issued on Tuesday by Edward Israel-Ayide, Media Contact, Meplaylist, the appointment of the duo followed their investment earlier in the year in the on-demand music streaming Read More…
Warner Bros delays ‘Dune’, ‘The Batman’ movies
Warner Bros said late Monday it is delaying the release of “Dune” and “The Batman” movies, another setback for the entertainment industry hit by COVID-19 pandemic lockdowns and social distancing measures that have closed theatres worldwide. “Dune”, a sci-fi movie directed by Canadian director Dennis Villeneuve, is now scheduled to open in October 2021, instead Read More…
LeBron staying ‘even keel’ as Lakers look to bounce back
LeBron James on Monday said he isn’t letting the highs and lows of the NBA Finals get the better of him. James said he preferred to focus on fixing the mistakes that led his Los Angeles Lakers to fall 115-104 to the Miami Heat on Sunday. The Lakers enjoy a 2-1 advantage in the best-of-seven Read More…