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The logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria, file. REUTERS-Afolabi Sotunde

Equities shed N464 billion as profit taking halts bull run

The equities market shed N463.7 billion last week as the bullish streak was halted by persistent profit taking. Following the unprecedented growth recorded in the month of November, many investors have been locking in profits. Despite the pockets of profit taking, the market had maintained a positive weekly performance.

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Vice President Yemi Osinbajo has charged stakeholders in the oil industry to find a way of producing oil cheaper at the largest volume possible given the circumstances and future of oil itself and the country’s of requirements and needs.

VP Osinbajo to represent Nigeria at Ugandan presidential inauguration

Vice President Yemi Osinbajo will represent Nigeria at the sixth inauguration of President Yoweri Museveni of Uganda.
Lagos State Governor, Babajide Sanwo-Olu, has approved the resumption of all Public Servants on GL 1 -12 with effect from Monday, November 2, 2020.

Lagos recovers N50 million over fraudulent real estate activities

The Lagos State Government on Tuesday said it had recovered more than N50 million from parties involved in illegal real estate transaction activities.
The Deputy Governor, Dr Manassah Daniel Jatau, stated this when the Nigerian Governors’ Forum (NGF) rose from its meeting on Wednesday at the NGF Secretariat in Abuja.

Gombe eyes World Bank loan to address erosion at Federal College

The state’s Deputy Governor, Manassah Jatau, made the declaration in Gombe on Tuesday when a Presidential Visitation Panel, led by Prof. Kenneth Okiongbo, visited the school.
In a demonstration to tackle the menace of ghost workers that has continue to drain the coffers of government, Bauchi State Governor, Sen Bala Abdulkadir Mohammed will hold a public parley with all the stakeholders involved in the payment of workers salaries in the state.

Bauchi traffic agency to enforce ban on commercial motorcyclists – chairman

The Bauchi State Road Traffic Agency (BAROTA), on Tuesday, reiterated that activities of commercial motorcycle riders, popularly known as ‘Okada’ or ‘Achaba’, remained banned in the state.

South Sudan faces its worst food security crisis as humanitarian aid dwindles

An African regional organisation said about 60 per cent of people from South Sudan are facing “their worst food security” and nutrition crisis since the country became independent a decade ago.

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Pan-Yoruba sociocultural group, Afenifere, has said it is against military takeover of any kind. In a statement, National Publicity Secretary of the group, Comrade Jare Ajayi, described military intervention in government as a curse.

Afenifere: We’ll not support military takeover

Pan-Yoruba sociocultural group, Afenifere, has said it is against military takeover of any kind.
A gunman shot dead six people and then himself at a birthday party in Colorado Springs on Sunday, US police said.

Seven dead in shooting at Colorado birthday party

A gunman shot dead six people and then himself at a birthday party in Colorado Springs on Sunday, US police said.
National Bureau of Statistics NBS

NBS: Nigerian government generates N496 billion VAT in Q1 2021

The National Bureau of Statistics (NBS) said the federal government generated N496.39 billion as Value Added Tax (VAT) in the first quarter of this year (Q1’21).
The Nigeria Police Force says its investigation shows that Boko Haram, Ansaru and other terror groups are getting support from some Nigerians.

Man beaten to death by friends in Delta for stealing N3,000

The Police in the Delta State command have arrested one Mr Efe Lucky and Mr Ramson Akpojibu for beating their friend to death over allegation of theft of their N3,000 and phones.

Minister: Senator Alhassan’s demise a monumental loss to Nigerian women

The Minister of Women Affairs, Mrs Pauline Tallen, has described the demise of Aisha Jummai Al-Hassan as a monumental loss to the nation.