The Electricity Distribution Companies (DISCOs) have urged the Federal Government to intervene in the heavy import duties they used to pay for imported meters. They said that such an intervention would help to mitigate delays they usually encountered when clearing meters at the ports in a statement signed by Mr Sunday Oduntan on Friday in Read More…
Investors on the Nigerian Stock Exchange (NSE) on Friday traded 174.68 million shares valued at N2.01 billion in 3,695 deals. This was in contrast with a turnover of 171.21 million shares worth N2.21 billion exchanged in 3315 deals on Thursday. A breakdown of the activity chart indicates that Mutual Benefits Insurance was the toast of Read More…
An Economist, Prof. Akpan Ekpo, has advised that the Federal Government to do more to restructure the economy through industrialisation in favour of production, so that the country would earn more foreign exchange. Ekpo, a Professor of Economics, University of Uyo, gave the advice on Thursday in Lagos at a webinar organised by the Centre Read More…
Nigeria has recorded 745 new cases of COVID-19, bringing the total number of infections in the country to 18,480. The Nigeria Centre for Disease Control (NCDC) announced this on Thursday through its official Twitter handle. NCDC said that the 745 new confirmed cases were from 21 states, with six deaths as at June 18. The health agency Read More…
The World Health Organisation (WHO) has declared Nigeria free of wild polio, following the completion of documentation for the free status. The UN health agency disclosed this on its regional office for Africa in Brazzaville, Congo, official twitter account @WHOAFRO. “Today, Nigeria’s complete documentation for Wild Polio virus free status was accepted by the Africa Read More…
Lagos State Government has lauded the launch of HelpNow, a social intervention platform deployed to support at least two million Lagosians through a crowdfunding model. The platform will support two million people by rallying support of well-meaning individuals and corporates. Speaking during the launch at Lagos House, Marina, Gov. Babajide Sanwo-Olu said that the effort Read More…
The Lagos State Government has expressed its resolve to complete the Regional Road Project at Lekki in Eti-Osa Local Government Area of the state, appealing to residents for understanding on the nerve-wracking traffic in the area. The government said the project, when completed would eliminate gridlock and foster inter-connectivity between Lagos Island and the Mainland. The Read More…
The Nigeria LNG Ltd. (NLNG) has donated medical equipment to the Lagos State Government as part of its contributions to the 30 million dollars Oil and Gas Industry Collaborative Initiative to fight the COVID-19 pandemic. Eyono Fatayi-Williams, General Manager, External Relations and Sustainable Development, NLNG, said in a statement that the donation was received by Read More…
Petra Kvitova is yet to make a call on participating in the U.S. Open and hopes the health situation in New York will improve to make her decision easier, the two-time Wimbledon champion told Reuters. A number of top players, including men’s world number one Novak Djokovic and reigning men’s champion Rafa Nadal are among Read More…
Chelsea has reached an agreement with RB Leipzig to sign striker Timo Werner, who was set to join the English side in July, the Premier League club announced on Thursday.Werner, 24, would remain at Leipzig until the end of the Bundesliga season and his transfer to the English side was subject to passing a medical. Read More…