The Nigerian Exchange (NGX) Ltd on Friday transacted 328.39 million shares valued at N3.11billion in positive trading. This was against 270.69 million shares worth N2.04 billion exchanged in 3,910 deals on Thursday, an increase of 21.32 per cent. FBN Holdings remained investors delight with 95.29 million shares valued at N641.16 million. Access Bank followed with 44.33 million shares worth N327.31 million, while United Bank for Africa accounted for 22.15 million shares valued at N161.26 million. Honeywell sold 18.23 million shares worth N21.17 million, while Zenith Bank transacted 15.61 million shares valued at N348.29 million. Also, the market capitalisation increased by…
Author: Abdallah el-Kurebe
The National Agency for Food and Drug Administration and Control, NAFDAC, says it has approved the Pfizer BioNtech vaccine for emergency use authorisation for COVID-19 in Nigeria. Its Director-General, Prof. Mojisola Adeyeye, made this known on Friday in a live/zoom media briefing in Lagos. “We have approved Pfizer BioNtech vaccine for possible use in the country. “Our COVID-19 vaccine team must carefully review it to make sure that the science behind it is well understood, and also in accordance with our own regulation.” She said the vaccine was approved based on different mechanisms known to the agency. “We used different…
The Nigerian National Petroleum Corporation (NNPC) says it is not in any financial straits as insinuated in the media. Dr kennie Obateru, General Manager, Group Public Affairs Division of the corporation, disclosed this in a statement in Abuja on Friday He said that the revenue projection contained in the letter to the Accountant General of the Federation (AGF) being cited in the media was only to the Federation revenue stream being managed by the Corporation Obateru said the projection was not a reflection of the overall financial performance of the Corporation. “NNPC maintains that it is conscious of its role…
Germany will start returning Benin bronzes to Nigeria in 2022, the country’s foreign and culture ministries said on Friday. They said in a statement that the move was part of a growing trend to return cultural artifacts seized during the colonial era to their places of origin. Britain’s soldiers seized thousands of metal castings and sculptures in 1897 during a raid on the Kingdom of Benin, then separate from British-ruled Nigeria. The “bronzes” —- actually copper alloy relief sculptures, many showing court figures —- were auctioned off and then spread among institutions from New Zealand to Germany and the U.S.…
By Lizzy Carr, Bauchi Bauchi state government, has inaugurated an implementation committee on Violence Against Persons Prohibition, VAPP, law promising zero tolerance to all forms of violence in the state. The governor, Bala Mohammed who inaugurated the committee alongside the Costed Model Action Plan Committee, said he is proud that the state was first to domesticate the VAPP Law in the North East. “Bauchi is the first in the Northeast to domesticate the VAPP Law, but its implementation is being challenged with lack of funds and commitment,” he said. The governor said stakeholders needed to create a peaceful and safe…
The African Union Commission on Thursday, despatched a seven – day fact-finding team to N’Djamena, Chad with a mission to assess the situation in country and examine ways of a speedy return to democratic rule, AfricaNews has reported. The delegation will, after the seven day visit, produce a report at the end of its mission which will enable the Peace and Security Council to adopt a definitive position on the measures to be taken. Several member countries have called for the suspension of Chad from the African Union because of the Transitional Military Council’s takeover of power. Many also estimated…
Zamfara state governor, Bello Muhammad has approved minor reshufflement of his Commissioners. This is contained in a statement by the Secretary to the Zamfara State Government, Bala Maru on Friday. Mohammed Bungudu has been moved from Special Duties to Ministry of Water Resources; Lawal Abubakar Zanna from Science and Technical Education to Ministry of Special Duties and Buhari Gora is deployed to Ministry of Science and Technical Education. According to the statement, the deployment of the commissioners is with immediate effect.
The risk of COVID-19 resurgence remains high in several African countries due to poor adherence to public health measures, including mass gatherings, low testing and vaccination rates, an analysis by the World Health Organization (WHO) has shown. Three countries face very high risk of COVID-19 resurgence, 20 face high, 22 moderate risk, and only one country faces low risk, according to the risk assessment of 46 countries, a WHO Africa Regional Office said in statement on Thursday. The risk was estimated using seven indicators with data from the past four weeks, including COVID-19 cases per million people; the percentage of…
Benue has recorded a drop in malaria cases from 23 per cent to 12.8 per cent, Commissioner for Health, Dr Joseph Ngbea said. Ngbea, who was represented by the Permanent Secretary in the ministry, Andrew Amee, made this known while briefing newsmen in Makurdi. According to him, the figure is based on the latest Nigeria Demographic Health Survey (NDHS) 2020. “This feat is made possible largely to the continued support and maintenance of essential health services by the state government. “The state government ensured that communities are protected from malaria,” he said. The commissioner said that malaria kills more than…
The Presidency has told Benue governor, Samuel Ortom that he should not desecrate the lives of Nigerian citizens by deploying them in political diatribe. It also expressed disappointment and sadness over accusations allegedly levelled against President Muhammadu Buhari by Ortom, following recent killings of soldiers and innocent citizens in the state. A statement by the spokesperson to the President, Malam Garba Shehu on Thursday, said no responsible government takes pleasure in such events as the killing of the military and that of innocent citizens taking refuge in an Internally Displaced People’s camp. Shehu said the president said he was deeply…