VDF Group Plc has listed an additional 63.342 million ordinary shares of 50k each per share on the daily official list of the Nigerian Exchange Ltd. (NGX). The NGX disclosed this in its weekly report made available in Lagos. The report stated that the additional shares listed on NGX arose from VFD’s rights issue of 63.342 million ordinary shares of 50k each at N197.33 per share. It said that with the listing of the additional ordinary shares, the total issued and fully paid-up shares of the group had now increased from 190.027 million to 253.369 million ordinary shares of 50k…
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A Pharmacist, Mr Charles Dagogot has advised parents to use Hovid DHA drugs for proper brain development for children with Autism. Dagogot, an official of Pharmatex Nig. Ltd. disclosed during a paper presentation on Saturday as part of the activities to mark the World Autism Day at the Federal Neuro-Psychiatric Hospital, Barnawa-Kaduna. Hovid DHA is an emulsion that is essential for children. Known as ‘Docosahexaenoic Acid’, DHA is a vital component found in the brain and retina of the eyes. Dagogot said that the daily intake of Hovid DHA would improve the learning ability and memory of children living with…
The Abuja Chamber of Commerce and Industry (ACCI), has expressed concern over the recent increase in electricity tariffs, saying it could negatively impact on the ease of doing business in Nigeria. The President of ACCI, Mr Emeka Obegolu, said in Abuja on Saturday that the hike would significantly impact businesses across various sectors of the economy. Obegolu acknowledged the various challenges already faced by entrepreneurs and investors in the country. He expressed worry that the Small and Medium Enterprises (SMEs), which are crucial to the country’s economy, would be greatly affected by the hike in tariff. “The ease of doing…
The Medical Consultant, the Archbishop JKA Aggey Foundation, Lagos, Mrs Oluseyi Kadiri, says periodic health check is necessary to avoid preventable deaths.
A General Physician, Dr Tunji Akintade, has appealed to the Federal Government to ensure concerted efforts are in place for proper monitoring of released funds for health projects.
The management of the Nigerian National Petroleum Company Ltd.(NNPCL) has attributed the insufficient supply of petroleum products to some filling stations in Lagos to an issue at one of its depots in the state.
The Economic and Financial Crimes Commission (EFCC) will on Monday (April 8) arraign the embattled former Central Bank of Nigeria (CBN) Governor, Mr Godwin Emefiele, before Justice Rahman Oshodi of the Special Offences Court, for alleged abuse of office.
The National Hajj Commission of Nigeria (NAHCON), has said that about 50,000 Nigerian intending pilgrims will perform the 2024 hajj in the Kingdom of Saudi Arabia. The Executive Chairman of NAHCON, Malam Jalal Arabi, disclosed this at a news conference held at Hajj House on Friday in Abuja. Arabi said the commission is on course to conduct a successful Hajj operation, no matter the challenges. He reiterated that Nigerian Muslims would perform the 2024 Hajj in a number that nobody had ever imagined. ” This year’s Hajj preparations is one of the most difficult and peculiar ones. ” You know…
The Naira on Friday strengthened at the official market, trading at N1,251.05 to a dollar. Data from the official trading platform of the FMDQ Exchange, a platform that oversees the Nigerian Autonomous Foreign Exchange Market (NAFEM), revealed that the Naira gained N4.02. This represents a 0.32 percent gain when compared to the previous day’s trading on Thursday, exchanging at N1,255.07 to a dollar. ALSO READ Investors to build dairy farm in Abia ALSO READ FEC approves 10% quota for appointments of youth, women quota However, the total daily turnover increased to $248.27 million on Friday up from $138.99 million recorded…
ASHENEWS reports that President Bola Tinubu has reiterated Nigeria’s readiness to reactivate energy cooperation with Jamaica, particularly in the context of climate change and the utilization of gas as a transition fuel.