The Nigerian Meteorological Agency (NiMet) has predicted sunshine and thunderstorms from Thursday to Saturday across the country.
Author: Editor
A coalition of foreign and Nigeria-based agro companies led by Shine Bridge Incorporated has indicated interest in partnering with the Federal Government on large-scale commercial cassava processing and food manufacturing.
The World Bank Group(WBG) and African Development Bank(AfDB) Group are partnering to provide no fewer than 300 million people in Africa with electricity access by 2030.
The Nigerian Exchange Ltd. (NGX) rebounded on Wednesday, gaining N57 billion to close at N56.504 trillion. This increase follows eight consecutive sessions of losses. The market capitalisation, which opened at N56.447 trillion, rose by 0.10 percent to reach N56.504 trillion by the close of trading. Similarly, the All-Share index saw a 0.10 percent increase or 101 points, closing at 99,908.89, compared to 99,808.34 posted on Tuesday. As a result, the Year-To-Date (YTD) return rose to 33.61 per cent, reflecting renewed investor confidence. The market saw notable buying interest in FBN Holdings, Access Corporation, Transnational Corporation, Guinea Insurance, Ikeja Hotel, and…
The Director-General, National Emergency Management Agency (NEMA), Mrs Zubaida Umar, has called for urgent measures to prevent flooding in the country. She said action must be taken now in view of the just released 2024 Seasonal Climate Prediction and the Annual Flood Outlook. The D-G stated this in Abuja on Wednesday at a 2-day Technical Expert meeting on 2024 Climate-Related Disaster Preparedness and Mitigation Strategies. Umar added that it was important to use reliable data to develop effective response strategies to flooding and other disasters. She called for more collaboration among stakeholders in sensitising Nigerians to take proactive measures against…
ASHENEWS reports that the Police Service Commission (PSC) has asked applicants earlier directed to leave the designated screening centres after their practical examination to return immediately for their medical tests.
A physician, Dr Tunji Akintade, has advocated the use of “sin taxes” for health insurance financing to attain the desired Universal Health Coverage (UHC) in Nigeria. Akintade, a former Chairman, Association of Nigeria Private Medical Practitioners, made the call in an interview on Wednesday in Lagos. Wikipedia defines “sin tax” as a tax levied on products or activities that are considered harmful or undesirable. “These taxes are typically implemented to discourage consumption of the taxed products or to raise revenue for the government,” he said. Some of the harmful products include sweetened sugar beverages, alcohol, tobacco, and gambling, among others.…
The Organized Private Sector of Nigeria (OPSN) has called for the suspension of the implementation of the new electricity tariff hike. The OPSN, via a statement on Wednesday in Lagos, said the call was to enable all stakeholders to have meaningful dialogue around the process and methodology of determining electricity tariffs. The statement was signed by the Director-General of the Manufacturers Association of Nigeria (MAN), Mr Segun Ajayi-Kadir, on behalf of the OPSN. The Federal Government, through the National Electricity Regulatory Commission (NERC), announced an increase in tariff for users under the Band A category, effective April 3. The new…
President Bola Tinubu has commended Dangote Oil and Gas Limited for reducing the price of Automotive Gas Oil (AGO), also known as diesel. This is contained in a statement by Special Adviser to the President on Media and Publicity, Chief Ajuri Ngelale, on Wednesday in Abuja. Diesel is mostly used in large quantities in Nigeria by industries and articulated vehicles for transporting goods across the country. A reduction in the price of diesel will subsequently affect the prices of goods and services across the board and reduce the current skyrocketing prices in the country. ALSO READ: Dangote reduces diesel price…
Borno state governor Babagana Zulum has approved the release of N1.3billion as scholarship for 997 nursing and midwifery students from the state. Zulum stated this on Wednesday while inaugurating the scholarship programme at the College of Nursing and Midwifery, Maiduguri. He said that out of the 1,080 nominations, 40 from each of the 27 local government areas of the state, 997 qualified to benefit from the scholarship. He also announced that the 997 beneficiaries of the scholarship would receive automatic employment after graduation. The governor said that the support is to encourage the students to complete their studies to bridge…