Activities on the Nigerian stock market sustained the upward trend on Wednesday with a gain of 0.14 per cent on bargain hunting in Oando and 21 others. Specifically, the All-Share Index improved further by 56.44 points or 0.14 per cent to close at 40,221.30 against 40,164.86 posted on Tuesday. Accordingly, the month-to-date and year-to-date losses moderated to 5.2 per cent and 0.10 per cent, respectively. In the same vein, the market capitalisation grew by N29 billion to close at N21.043 trillion from N21.014 trillion recorded on Tuesday. The uptrend was also driven by price appreciation in medium and large capitalised…
Author: Abdallah el-Kurebe
The Lagos State Government has announced that there would be total closure of the third mainland bridge from midnight Friday to midnight Saturday. The Commissioner for Transportation, Dr Frederic Oladeinde who made this known in a statement issued in Lagos on Wednesday, said the bridge would be closed for 24 hours. Oladeinde said the closure would enable contractors move the equipment used during the rehabilitation process of the bridge completely to allow both the Oworonshoki and Adeniji bound lanes open fully to traffic. He said the closure was necessary, haven completed the replacement of the 12 expansion joints and to demobilise the…
The Nasarawa State government has promised continued partnership with the National Agency for Science and Engineering Infrastructure (NASENI) to advance agriculture and engineering in Nigeria. Governor Abdullahi Sule made the pledge during a courtesy visit to the agency on Wednesday in Abuja. Sule said that his administration would fully support the agency through provision of land and other logistics to enable it deliver on its mandate. He noted that the partnership with NASENI would yield positive outcomes by improving the science and technology sectors of the state at both secondary and tertiary education levels. He urged the agency to continue…
The U.S. Agency for International Development (USAID) is to produce a cadre of 100,000 new health workers competent to respond to current and future health needs of the populations in some targeted Nigeria states. The activity, which will be over the next five years will be under USAID’s “Health Workforce Management’’, a new USAID funded activity to improve the quality of health worker training in Nigeria. A statement by the U.S. Mission on Wednesday said that the project was inaugurated on Tuesday by the USAID Health Office Director, Paul McDermott and key government health sector officials. “The five-year, $19 million Health…
The Police Command in Abia has killed four suspects and arrested eight others over the attack on the Abayi Police Station in the early hours of Tuesday in Abia. The Force Public Relations Officer (FPRO), Mr Frank Mba, disclosed this in a statement on Wednesday in Abuja. He said the command has also recovered arms and ammunition from the hoodlums, suspected to have carried out the unprovoked attack on the Police Station. Mba said the suspected attackers, numbering about 200, armed with AK47 rifles and matchetes, invaded the station and set part of it ablaze with the aid of petrol…
The Senate has approved N11 billion 2020 budget for Nigeria Police Trust Fund (NPFT). This followed the consideration of the harmonised report of the Senate and House of Representatives Committee on Police Affairs at Wednesday’s plenary. The implementation of the NPTF 2020 budget would lapse on April 30, 2021. Chairman of the senate committee on Police Affairs, Sen. Halliru Jika,(APC- Bauchi) in his presentation said the joint committee observed that the budget was the first since the establishment of the fund in 2019. According to him, only the 0.5 per cent of the total revenue accruing to the federation account…
The Federal Ministry of Power, on Wednesday, inaugurated 100KW solar hybrid mini-grid electricity in Adebayo Community, Ovia South-West Local Government Area of Edo. The joy of residents of the community knew no bound as the project takes them out of 60 years of darkness. Inaugurating the project, the Minister of State for Power, Goddy Jedy-Agba said the project was executed by the Rural Electrification Agency (REA) in collaboration with the Ministry of Power. Jeddy-Agba said the project would help improve the social-economic status of Adebayo community “who have been without electricity in the past six decades”. “As mandated by the…
The Nigeria Police has said no fewer than 150 persons have been convicted of Sexual and Gender Based Violence (SGBV) and children abuse cases between 2019 and 2020. The Inspector General of Police (I-G), Mr Mohammed Adamu, stated this in Abuja at a high level multi agency consultative meeting on the implementation of the Violence Against Persons (Prohibition) Act, 2015. Adamu, represented by Mr Garba Umar, Assistant Inspector General of Police (AIG) InterPol, said that the police have more than 2,000 cases undergoing prosecution in various courts. He said that the Violence Against Persons Prohibition Act 2015 was signed into law…
Kaduna State Government says security personnel have neutralised bandits in several locations in the state. The government also announced that 18 persons died in several attacks on soft targets by bandits across Igabi and Chikun local government areas of the state Mr Samuel Aruwan, State Commissioner of Internal Security and Home Affairs, confirmed the incident to newsmen on Wednesday in Kaduna. “Security agencies have reported a sequence of attacks by bandits on soft targets in Igabi and Chikun local government areas occurring over the last 48 hours. “Anaba village in Igabi local government area was attacked where seven persons died. “Many…
The United Nations Development Programme (UNDP) has donated COVID-19 Protective equipment worth 14 million dollars to the Economic Community of West African States (ECOWAS). The donation is the second batch of donation by the UNDP to ECOWAS to help the community in the fight against COVID-19. Speaking at a ceremony to hand over the kits, Country Representative of the UNDP in Nigeria, Mohamed Yahya said that COVID-19 had adversely affected the vulnerable populations around the world and in Africa. “As the second wave of the COVID-19 continues, UNDP remains committed to working with the government of Nigeria and on the…