* Lekoil shareholders vote in favour of expanding board * Lekoil loses fight against top shareholder Metallon* Ministry of Petroleum warns Lekoil over change in control* Nominated advisor and broker resign in recent months Shareholders of London-listed Nigerian oil company Lekoil voted on Friday to approve an investor’s bid to add three members to the Read More…
The bears dominated trading activities on the Nigerian Stock Exchange (NSE) on Friday with the market capitalisation losing N246 billion in six hours of trading. Specifically, the market capitalisation, which opened at N21.224 trillion shed N246 billion to close at N20.978 trillion. Similarly, the NSE All-Share Index decreased by 470.64 points or 1.16 per cent Read More…
Nicki Minaj must pay Tracy Chapman $450,000 after sampling her song Baby Can I Hold You in her leaked track Sorry, without Chapman’s permission Tracy Chapman has won her lawsuit against Nicki Minaj, who must pay her $450,000 (£332,000), it’s claimed. Chapman accepted Minaj’s offer of judgment on Thursday, according to documents seen by the Read More…
The GRAMMY Museum kicks off 2021 with new programmes released on COLLECTION:live, including a Verve Label Group takeover, programmes with 2021 GRAMMY nominees and a Cheap Trick digital exhibit New year, new GRAMMY Museum goodies! The GRAMMY Museum has announced its programming schedule for January 2021, which includes new and never-before-released digital content as well Read More…
Liverpool scored three goals in five second half minutes to reach the FA Cup fourth round with a 4-1 win at Aston Villa on Friday. This was after the home side were forced to field academy players due to a mass COVID-19 outbreak among their ranks. Sadio Mane scored twice for the English champions while Read More…
Football governing body FIFA said on Friday it would try the use of an extra substitute in the case of suspected concussion at the Club World Cup in Qatar next month. FIFA said the move prioritised player welfare and sent a “strong message that, if in any doubt, the player should be withdrawn” from the Read More…
The Lagos State Commissioner for Health, Prof. Akin Abayomi, says that the bed occupancy level in the state’s public and private COVID-19 care centres has increased to 51 per cent. Abayomi made this known through his verified Twitter account @ProfAkinAbayomi, on Friday while giving the state’s COVID-19 update for Jan. 6. He said that the Read More…
The Lagos State Government has indicated a monthly target of N60.318 billion Internally Generated Revenue (IGR) to fund the 2021 budget. Speaking during a media briefing on the Analysis of the Year 2021 Budget at Alausa, Ikeja, the Commissioner for Economic Planning and Budget, Mr Sam Egube, said that the budget size was N1.164 trillion. Read More…
807 new cases reported in Lagos on a single day New COVID-19 cases are not relenting as 807 new cases have been reported for Lagos alone on Thursday. This represents a rise of 165 new persons contracting the virus. The Lagos State Ministry of Health reports that 238,967 persons have been tested in Lagos so Read More…
Trading activities on the nation’s bourse advanced further by N66 billion to extend gaining streak to two consecutive sessions. The price rally was driven by gains posted by Seplat and 26 other equities. Specifically, the All-Share Index gained 125.70 points or 0.31 per cent to close at 40,590.85 from 40,465.15 achieved on Wednesday. Also, the Read More…
