The gold price set another new record high on Thursday, reaching $2,064.99 per troy ounce (around 31 grammes) at the London Stock Exchange, the highest price ever recorded. It already set a record on Wednesday, surpassing $2,000. The price rise has been driven largely by economic uncertainty due to the coronavirus pandemic, as investors seek Read More…
The market capitalisation of the Nigerian Stock Exchange (NSE) on Thursday advanced by N26 billion to hit N13 trillion mark. Specifically, the market capitalisation closed higher at N13.005 trillion compared with N12.979 trillion recorded on Wednesday. In the same vein, the All-Share which opened at 24,882.04 improved by 48.30 points or 0.19 per cent to Read More…
The Association of Licensed Mobile Payments Operators (ALMPO) on Thursday in Lagos elected Mr Jay Alabraba of PAGATECH, as its new Chairman. Alaraba was elected alongside other officers whose tenure would run from 2020 to 2022. The announcement of Alabraba’s emergence, along with other elected officers, was one of the highlights of the association ’s Read More…
The Nigeria Centre for Disease Control (NCDC) has recorded 457 new cases of the COVID-19, bringing the total number of infections to 44,890. The NCDC made this known on its official twitter handle on Wednesday. According to the health agency, 17 more people had died from the disease. The NCDC said that the 457 new Read More…
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has directed its members to sell petrol at the old rate of N143 per litre, pending the new directive by the Petroleum Products Pricing Regulatory Agency (PPPRA).The National Public Relations Officer of IPMAN, Alhaji Suleiman Yakubu, said this during an interview with the News Agency of Nigeria Read More…
The volume of shares traded on the Nigerian Stock Exchange (NSE) on Wednesday improved by 148.13 per cent with an exchange of 383.29 million shares worth N3.89 billion in 3,860 deals. This was in contrast with a total of 154.47 million shares valued at N1.46 billion transacted in 4,222 deals on Tuesday. Transactions in the Read More…
As part of efforts geared towards engaging public and private school students as well as creating opportunities for them to participate in various programmes online while at home, the Lagos State Government has finalised plans for the Year 2020 Governor’s Quiz Competition. Disclosing this during an interview held on Wednesday at the Secretariat, Alausa, the Read More…
The Lagos State Government on Wednesday announced the reduction of the Land Use Charge (LUC) to the pre-2018 charges, indicating a reduction of 48 per cent. The Commissioner for Finance, Dr Rabiu Olowo, made this known at a news briefing on the 2020 New Land Use Charge Law in Alausa, Ikeja. Olowo also announced that Read More…
Secondary Schools in Lagos State are complying with the COVID-19 prevention protocols, as students in exit classes resume. The News Agency of Nigeria (NAN) correspondents, who visited some schools in the state, report that water, soaps , alcohol-based hand sanitisers and infrared thermometer were provided by the schools. Also, compulsory wearing of nose masks and Read More…
First Lady of Lagos State, Dr Ibijoke Sanwo-Olu, on Tuesday urged expectant and nursing mothers to embrace exclusive breastfeeding for the first six months after delivery. In a message to commemorate 2020 World Breastfeeding Week (WBW), Sanwo-Olu said that exclusive breastfeeding would go a long way to improve a child’s growth and development. She said Read More…
