United Capital Group has acquired a five percent equity stake in the Nigerian Exchange Group (NGX Group), in a move aimed at deepening its participation in Nigeria’s capital market. The pan-African investment banking and financial services firm disclosed this in a statement on Monday. It stated that the acquisition is a strategic investment aligned with its long-term growth objectives. The company said the investment reflects its confidence in the future of the capital market and its commitment to supporting institutions that drive market development, investor confidence, and economic growth. Group Chief Executive Officer of United Capital, Mr. Peter Ashade, said…
Author: Newsdesk
Journalists should observe ethical standards and strictly adhere to professional codes to combat fake news, discussants at a seminar advised on Monday in Ibadan. The seminar, organized by the Nigerian Union of Journalists (NUJ), Oyo State Council, had the topic: “Responsible Reporting in the Era of Insecurity and Fake News.” Discussants unanimously agreed that media professionals have a responsibility to counter the spread of fake news, especially given the activities of citizen journalists on social media. Mr. Taiwo Adisa, a former Chief Press Secretary to Gov. Seyi Makinde of Oyo State and an editor with the Tribune Newspaper, urged journalists…
Wife of Anambra Governor, Dr. Nonye Soludo, has condemned the alleged abuse of a 10-year-old boy by his guardians in Awada, Obosi, describing the incident as cruel and unacceptable. Soludo, in a statement on Monday, said she was deeply saddened and disturbed by reports and images of the abuse suffered by the child. She stated that no child deserves to endure such treatment, regardless of the circumstances. “I’m deeply saddened and disturbed by the horrific abuse allegedly suffered by the 10-year-old boy in the hands of his guardians in Awada, Obosi. “No child, whatever the offense, deserves to endure such…
Team Nigeria finished the Central African Wrestling Championship with five gold and one silver medal after competing in Brazzaville, Congo. The tournament featured Freestyle, Beach Wrestling, and Women’s Wrestling categories, with Nigeria recording a strong performance. Promise Otokoto, Media Assistant to the Nigeria Wrestling Federation (NWF), disclosed this on Monday in Lagos. Otokoto said Team Nigeria opened the championship with three gold medals through outstanding performances. “Team Nigeria started on the opening day by securing three gold medals,” he said. Terry Godfrey won gold in the Men’s 65kg Freestyle category, while Andrew Woyinkorikiye triumphed in the 53kg Women’s Wrestling. “Andrew…
South Africa has intensified immigration enforcement nationwide, arresting more than 40,000 undocumented migrants this year as authorities tighten border controls and accelerate repatriations. The Minister of Justice and Constitutional Development, Mmamoloko Kubayi, disclosed this during a media briefing in Pretoria. Kubayi said intelligence-led operations are ongoing at land, sea, and air ports of entry to identify undocumented migrants and employers violating immigration laws. She stated that the crackdown follows measures announced last week by President Cyril Ramaphosa to address illegal migration amid growing public concern and protests in several cities. According to her, the measures include labour law reforms, tighter…
Ebola cases in the Democratic Republic of the Congo have risen to 782, including 178 deaths, as the outbreak spreads to two additional health zones, authorities said. The latest situation report showed that 72 new confirmed cases, including 29 deaths, were recorded in the eastern provinces of Ituri and North Kivu. The newly affected health zones are Nia-Nia in Ituri and Mabalako in North Kivu, bringing the total to 31. A health zone is a local public health management unit responsible for surveillance, case reporting, and response coordination. The outbreak, caused by the Bundibugyo Ebola virus, was officially declared on…
Mr. Hammed Aroyewun, Chairman of Igbogbo/Baiyeku Local Council Development Area, has vowed to sustain raids on criminal hideouts. He said the move aims to tackle insecurity and protect residents across the council area. Aroyewun stated this on Monday while addressing journalists at the council secretariat. He disclosed that security operatives recently conducted an unscheduled operation at a suspected black spot. The operation led to the recovery of hard drugs and other incriminating items from the location. According to him, the raid followed intelligence reports and complaints from residents and community groups. The complaints came from Community Development Associations and the…
Stakeholders held a meeting on the “Big Catch-Up” vaccination programme at the Field Base Office of the Director of Health in Suleja Local Government Area of Niger State. The meeting was organized by the National Orientation Agency (NOA), UNICEF, the Department of Primary Health Care (DPHCA), traditional leaders, and other stakeholders to strengthen immunization efforts in affected communities. The stakeholders’ meeting on Monday was convened following the outbreak of diphtheria in Suleja and Bida Local Government Areas, with participants discussing strategies to curb the spread of the disease. During the meeting, NOA officials sensitized participants about diphtheria, its symptoms, health…
Sultan Muhammadu Sa’ad Abubakar, also the President-General of the Nigeria Supreme Council for Islamic Affairs (NSCIA), on Monday, presided over the eighth meeting of the Northern Traditional Rulers Council (NTRC) in Dutse, Jigawa State. The high-level meeting brought together prominent traditional rulers from across the 19 northern states to deliberate on pressing regional challenges, including insecurity, poverty, youth unemployment, education, and community development. The gathering also served as a platform for strengthening collaboration between traditional institutions and government at all levels. The meeting was hosted by the Governor of Jigawa State, Umar Namadi, and attended by emirs, chiefs, and other…
An Infectologist and Vaccinologist, Prof. Nnamdi Onyire, has urged Nigerians to remain vigilant and seek immediate medical attention if they develop symptoms associated with Ebola Virus Disease (EVD). Onyire, a lecturer at Alex Ekwueme Federal University, Ndufu-Alike, gave the advice while reacting to reports of Ebola outbreaks in parts of East and Central Africa. He described Ebola as a severe and often fatal viral disease caused by Orthoebolaviruses, warning that the outbreaks highlight the need for preparedness against possible cross-border transmission. “We have received reports of Ebola outbreaks in some parts of East and Central Africa, and the disease is…