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Sentiments in the nation’s bourse weakened on Thursday, with the All-Share Index dropping by 0.01 per cent. Specifically, the All-Share Index (ASI) decreased by 1.51 points to close at 24,276.56 in contrast with 24,278.07 achieved on Wednesday. Accordingly, Month-to-Date and Year-to-Date losses stood -0.8 per cent and -9.6 per cent, respectively. Similarly, the market capitalisation Read More…
Hajia Zainab Ahmed, the Minister of Finance, Budget and National Planning, on Thursday presented the draft 2021 to 2023 Medium Term Expenditure Framework(MTEF) as well as the Fiscal Strategy Paper to the National Economic Council(NEC). Ahmed, who spoke with State House correspondents after the virtual NEC, said it was one of the main consultations that Read More…
The Corps Marshal, Federal Road Safety Commission (FRSC), Dr Boboye Oyeyemi, says diversion and safety precaution are imminent, owing to the emergency rehabilitation on the third mainland bridge in Lagos. In a statement issued by the FRSC Public Education Officer (CPEO), Mr Bisi Kazeem, on Wednesday in Abuja, Oyeyemi said that the bridge would be Read More…
The Lagos State Government on Wednesday received 16 security operations vehicles from Shell Nigeria Exploration and Production Company Ltd (SNEPCo) toward enhancing security in the state. Speaking during the handover ceremony at the Lagos House, Marina, Lagos State Governor, Mr Babajide Sanwo-Olu said the donation of the security vehicles was a promise kept by the Read More…
The Ikorodu Youth Forum has endorsed an aspirant of the Peoples Democratic Party (PDP), Princess Abiodun Oyefusi, as its preferred candidate for the forthcoming Lagos East Senatorial by-election. Mr Segun Ajadi, Coordinator of the forum, comprising youth groups in Ikorodu, made this known in a statement on Wednesday in Lagos. The senatorial seat became vacant Read More…
Some domestic airlines on Wednesday resumed operations following three months of COVID-19 lockdown. On Wednesday, a few passengers were seen boarding, while social distancing and other precautionary measures were observed. The Federal Government had directed the resumption of domestic flights on July 8, after the March 30 lockdown of the airlines. As at 6.30 a.m. Read More…
The Federal Government is set to develop the country’s”Agenda 2050 and a Medium-Term National Development Plan (MTNDP) 2021-2025 to coordinate sectoral approaches. The Minister of State, Federal Ministry of Finance, Budget and National Planning, Mr Clement Agba made this known while inaugurating a Central Working Group (CWG) for the programme on Wednesday in Abuja. This Read More…
Africa possesses a more powerful tool in the African Continental Free Trade Area (AfCFTA) for accelerating regional and economic integration, the UN Economic Commission for Africa (ECA) has said. The Executive Secretary of the United Nations body, Ms Vera Songwe, stated this on Tuesday in a virtual panel discussion to mark the inaugural Africa Integration Read More…
AC Milan scored three times in five astonishing second half minutes as they hit back from two goals down to beat visiting Serie A leaders Juventus 4-2 on Tuesday. The result means these were the first points dropped by the Turin side since the season restarted last month. Juventus appeared to be cruising to another Read More…
The United States Consul General in Lagos, Claire Pierangelo, on Tuesday urged Lagosians to proffer long-lasting solutions to difficulties associated with the traffic situation in the state. Pierangelo made this call in her opening remarks during the Lagos transportation and traffic webinar organised by the U.S. Consulate. The webinar had as its theme: “The Never-ending Story, Read More…