Some financial experts have commended the Central Bank of Nigeria (CBN) for its proactive action in revoking the operating licence of Heritage Bank Plc in order to save depositors’ funds.
Author: Editor
Former President Obasanjo to Govs: Focus more on food security has advised state Governors to focus more on food security while calling on them to prioritise policies that enhance people’s well-being. Obasanjo gave the charge on Wednesday in Sokoto At the unveiling of 136 housing units purchased at the cost of N1.8 billion by the Sokoto State Government for allocation to low income earners. The the former president was in Sokoto on a two-day visit, unveiling projects executed by Gov. Ahmed Aliyu, as part of his one year anniversary. Obasanjo described food security as a priority, followed by personal health…
President Bola Tinubu has called for earnest effort and action by citizens, stakeholders, institutions, and development partners to safeguard the environment and ensure a win-win transition to a prosperous and clean economy for all. Special Adviser to the President, Media and Publicity, Chief Ajuri Ngelale, said in a statement on Wednesday in Abuja that the president made the call on World Environment Day marked every June 5. Tinubu restated his commitment to ensuring the planting of 25 million trees by 2030, not only to protect the environment but also to provide opportunities for Nigeria’s youths within the green-economy value chain.…
The performance indicators of the stock market rebounded by 0.24 per cent on Wednesday. Specifically, the market capitalization opened at N56.031 trillion and closed at N56.163 trillion, representing 0.24 per cent or N132 billion gain. The All-Share Index also strengthened by 0.24 per cent or 233.4 points, to close at 99,284.38 compared to 99,051.02 posted on Tuesday. As a result, the Year-To-Date (YTD) return rose to 32.78 per cent. Gains in Zenith Bank, FBN Holdings and Stanbic IBTC, Fidelity Bank, Wema Bank, Nigerian Breweries, Nestle Nigeria, among other advanced equities were the primary drivers of the market index’s recovery. However,…
The Senate on Wednesday passed a bill seeking to prescribe improved salaries, allowances and fringe benefits for judicial office holders in Nigeria.
Nwachukwu said that Ekpa, one of the leaders of the IPOB terrorists had been carrying out a mischievous and systematic campaign of calumny against the army.
A team of Chinese scientists on Wednesday said they have identified a longevity gene that may potentially enhance human resistance to ageing and become a new target for managing pests.
Damaturu Int’l Cargo Airport
The United States Agency for International Development (USAID) says its health initiatives have reached over 17 million Nigerians, including 7.8 million children under the age of five and 600,000 pregnant women. This was highlighted at a Breakthrough Action Nigeria Project’s Learning and Transition event showcasing the project’s significant contributions to improving health outcomes across the country. Director of Health Population & Nutrition, USAID Mission in Nigeria, Ms Suegatha Kai Rennie, gave the figures at the event with the theme: Celebrating Successes, Consolidating Learning, and Transitioning for Sustainability. The Breakthrough Action has been USAID’s global flagship social and behaviour change project…
An NGO, the Nigeria Partners on Clubfoot Treatment has called for the integration of club foot treatment into the public health system to treat the 10,000 cases recorded annually in the country.