Author: Editor

Trading on the Nigerian Exchange Ltd. (NGX) this week closed higher by 1.73 per cent, following investors’ increased demand for banking, insurance, consumer aa wel as oil and gas stocks. Specifically, the All-Share Index and Market Capitalization appreciated by 1.73 per cent to close the week at 99,300.38 and N56.172 trillion respectively, compared to 97,612.51 and N55.218 trillion recorded respectively last week. This translated into N954 billion profit for equity investors. Similarly, all other indices finished higher with the exception NGX Industrial Goods and NGX Growth which depreciated by 0.13 and 0.29 per cent respectively, while the NGX ASeM and…

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Aminu Waziri Tambuwal’s contributions to the National Assembly and Nigerian governance are multifaceted. His leadership style, characterized by inclusivity, transparency, and accountability, has set a standard for public service. Tambuwal’s tenure as Speaker of the House of Representatives is particularly noted for its role in reinforcing the autonomy of the legislature, a crucial aspect of any thriving democracy.

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Wamakko’s influence extends beyond his immediate political roles. He is a mentor to many younger politicians and a key figure in shaping the political landscape of northern Nigeria. His ability to navigate complex political environments and build consensus has earned him the respect of peers and adversaries alike.

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The World Bank Group (WBG) and the International Monetary Fund (IMF) deepen cooperation to help countries scale up action to confront the threat of climate change. This is according to a statement by the IMF, a copy obtained in Abuja on Friday. The statement said the collaboration would provide critical support for countries’ climate strategies through an integrated, country-led approach to policy reforms and climate investments. It said within their respective mandates, the WBG and the IMF would leverage their analytics, technical assistance, financing, and policy expertise to enhance country-driven reform programmes. The statement said three principles would underpin the…

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Vice-President Kashim Shettima has urged the National Council on Skills to focus on high-earning skills in the rapidly changing global landscape. Shettima made the call while addressing the Fourth National Council on Skills meeting on Friday at the Presidential Villa, Abuja. The council established a committee on coordination of Ministries, Departments and Agencies (MDAs) as well as States Programmes on Skills. The committee Headed by the Minister of Education, Prof. Tahir Mamman, is expected to tackle critical issues in the skills development sector, Its terms of reference include identifying skill trainings in MDAs and states, identifying dominant skills in the…

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The equity market closed on a positive note on Friday, increasing the market capitalization by 0.02 per cent due to investors’ sentiment for banking, insurance and consumer stocks. Specifically, the market capitalisation, which opened at N56.158 trillion, rose by N14 billion or 0.02 per cent to settle at N56.172 trillion. The All-Share Index also went up by 0.02 per cent or 24.4 points to close at 99,300.38, compared to 99,276.03 recorded on Thursday. Consequently, the Year-To-Date (YTD) return advanced to 37.28 per cent. Also, the market breadth closed positive with 23 gainers and 15 losers on the floor of the…

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