The new Director-General of the Securities and Exchange Commission (SEC), Dr Lamido Yuguda, on Thursday vowed to clamp down on illegal operators luring unsuspecting investors in the market. Yuguda said this in an address delivered at the first Capital Market Committee (CMC) meeting in 2020. The CMC is a medium for exchange of ideas among Read More…
Tag: Nigeria
Power sector records improved all-time peak of 5,420.30MW
The Nigerian Power industry has achieved yet another improved all-time national peak of 5,420.30MW, which was effectively transmitted through the national grid at a frequency of 50.10Hz at 9:15pm on Aug. 18. Ms Ndidi Mbah, General Manager, Public Affairs, TCN, confirmed the development in a statement on Thursday in Lagos. Mbah said this was the Read More…
FG warns as recorded COVID-19 deaths approach 1,000
Nigerian COVID-19 deaths are fast approaching the 1,000 mark with 950 deaths announced nationwide so far. Consequently, the Federal Government has warned that the 945 deaths recorded in COVID-19 pandemic cases is a wake up call for citizens to take appropriate measures to avoid being infected. The Minister of Health, Dr. Osagie Ehanire, said this Read More…
Stock trading sustains bullish trend, rises 0.45 per cent
Activities on the trading floor of the Nigerian Stock Exchange (NSE) maintained a bullish posture on Friday with the market indicators appreciating further by 0.45 per cent. Specifically, the All-Share Index rose by 111.06 points or 0.45 per cent to close at 25,041.40 compared with 24,930.34 achieved on Thursday. Also, the market capitalisation inched higher Read More…
NCDC confirms 354 new COVID-19 cases as total hits 45,244
The Nigeria Centre for Disease Control (NCDC) has confirmed 354 new cases of COVID-19 in the country, bringing the total number of COVID-19 infections to 45,244. The NCDC made this known on its official twitter handle on Thursday. The health agency said that three more persons had died from the disease. According to NCDC, 45,244 Read More…
Nigeria stock market advances by N26bn
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…
Mobile Payment Operators elect Alabraba as new association chairman
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…
NCDC records 457 new COVID-19 cases, total now 44,890
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…
Sell petrol at old rate until PPPRA gives directive, IPMAN tells members
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…
How to rescue ourselves from our political leaders(5)
Identify your candidates now Dr. ChiChi Aniagolu-Okoye Picture above credit: “Scramble for Africa” by Yinka Shonibare, (2003) Credit: Courtesy Yinka Shonibare/Stephen White/Guggenheim Abu Dhabi Most honest, hardworking people with the capacity to transform our country and states never run because the present system is jinxed against good people. To run the race the way we Read More…