Home Topics Shares

Shares

Youth members of the People’s Democratic Party (PDP) from the South-West have urged the leadership of the party to pick Rivers State’s Governor Nyesom Wike as Vice-Presidential Candidate in the 2023 elections.

Rivers government bans meeting of Igbo group in Oyigbo

The Rivers State Government has stopped a planned meeting of some Igbo residents in the Oyigbo Local Government Area, citing fears that the gathering could spark fresh unrest in the area.
Canada’s top banks are shedding workers for the second straight year, moving toward leaner operations to satisfy investors demanding returns on tens of billions of dollars that lenders have poured into new technologies.

Canadian banks shrink workforce to cover big tech investments

Canada’s top banks are shedding workers for the second straight year, moving toward leaner operations to satisfy investors demanding returns on tens of billions of dollars that lenders have poured into new technologies
Satire pages will now be labelled as such, along with public officials, fan pages, and government news outlets. Facebook

Facebook hopes tiny labels on posts will stop users confusing satire with reality

Facebook is adding additional labels to posts from Pages that appear in users’ News Feeds in a bid to reduce confusion about their origin. These labels will include “public official,” “fan page,” and “satire page.” The company says it’s already started testing the deployment of these labels in the US, and will gradually add them to more posts.

Folorunso Alakija drops out of 2021 Forbes list of billionaires

Nigeria now has only three billionaires on 2021 Forbes list of world billionaires, with the dropping off of Executive Vice Chairman of Famfa Oil Limited, Folorunso Alakija.
The UK medical regulator said Saturday that out of 30 people who suffered blood clots after receiving the Oxford-AstraZeneca vaccine, seven have died.

EU and UK regulators still recommend AstraZeneca shot despite possible link to blood clots

European and British regulators said on Wednesday they had found possible links between AstraZeneca’s vaccine and very rare cases of blood clots, but reaffirmed its importance in protecting people against COVID-19.
Police in Cameroon have arrested nine people on suspicion of homosexuality, most of them at an HIV-AIDS care centre, an LGBT rights lawyer said on Thursday.

U.K. to open first LGBT+ retirement home as market grows

Britain’s first LGBT+ retirement home is set to open in mid-2021, the housing association behind the London riverside apartments said, highlighting a growing market of older people who do not want to be forced back in the closet.
The logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria, file. REUTERS-Afolabi Sotunde

NSE resumes Easter holidays with N78 billion loss

The Nigerian stock market resumed after the Easter public holidays on Tuesday with a loss of 0.39 per cent due to persistent bearish trend.

Forbes: Kim Kardashian officially a billionaire

American reality tv star, Kim Kardashian, is officially a billionaire.
FILE PHOTO - GameStop logo is seen in this illustration taken February 2, 2021. REUTERS-Dado Ruvic-Illustration

GameStop plans $1 billion share sale after Reddit-fuelled rally

GameStop Corp on Monday increased the value of new stock it may sell from $100m to $1bn, as the United States video game retailer seeks to capitalise on a surge in its shares from a Reddit-driven rally this year.
Oil Spillage

Gbaramatu oil spill: Chevron’s failure to accept responsibility deliber­ate – Comrade Mulade

Coordinator of Center for Peace and Environmental Justice (CEPEJ), Comrade Sheriff Mulade, has stated that Chevron Nigeria Limited failure to accept responsibility for the Gbaramatu oil spill was a deliberate plan to undermine the wellbeing and environment of the people living in the affected communities.

Mastercard buys $100 million stake in Airtel Africa’s mobile money

Mastercard has sealed a pact with wireless operator Airtel Africa that will see it procure a minority interest in the telco’s mobile money division, Airtel Mobile Commerce BV (AMC BV).
The logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria, file. REUTERS-Afolabi Sotunde

NSE: Investors lose N118 billion on renewed profit taking

Investors on the Nigerian equities market yesterday lost N118 billion as the market reversed its previous session gains on renewed profit-taking.

Ekiti reduces stake in Wema Bank

Ekiti State, one of the shareholders of Wema Bank Plc, has reduced its stake in the bank by 666.670 million from 1.191 billion shares. Ekiti, Oyo, Ogun, and Osun States are shareholders in Wema Bank. While Oyo, Osun, and Ogun held 666.670 million or 1.73 per cent each, Ekiti held 1.191 billion or 3.09 per cent as at December 31, 2019.
The Nigeria Police Force says its investigation shows that Boko Haram, Ansaru and other terror groups are getting support from some Nigerians.

Akwa Ibom: Police confirm three officers dead, four missing in Essien Udim

The police in Akwa Ibom State, Nigeria’s South-south, have confirmed that three of their officers have been killed, while four are missing in Essien Udim Local Government Area of the state during a violent clash between security operatives and some hoodlums.

Akwa Ibom, Abia border crisis claims seven lives

No fewer than seven indigenes of Ikpanya clan in Ibiono Ibom Local Government Area of Akwa Ibom State have been reportedly killed after days of attacks launched by assailants from Ugbo community, Arochukwu in Abia State
Ship Ever Given, one of the world's largest container ships, is seen after it was fully floated in Suez Canal, Egypt March 29, 2021. REUTERS-Mohamed Abd El Ghany

Traffic in Suez Canal resumes after stranded ship refloated

Shipping traffic through Egypt’s Suez Canal resumed on Monday after a giant container ship which had been blocking the busy waterway for almost a week was refloated, the canal authority said.
Ever Given Ship stuck in the Suez Canal for almost a week has been refloated and the canal open for international trade.

Suez Canal Authority says stranded ship partially refloated

The stranded container ship that blocked the Suez Canal for nearly a week was almost fully re-floated on Monday and has restarted its engines, a shipping source with knowledge of the matter said, raising hopes the busy waterway will soon be reopened.

Segun Oni: Count me out of appointment sharing before election

Former governor of Ekiti State, Chief Segun Oni, has debunked what he called the “subtle blackmail” doing the round that he shares elective and appointive positions, even before election.
Justice I.M. Sani of the Federal High Court sitting in Port Harcourt, Rivers State has convicted and sentenced two false whistle blowers- Dominic Okem and Chukwunonso Igweonu, to two months imprisonment each for conspiracy and giving false information

Judge’s transfer stalls suit against former President Obasanjo’s ex-aide

The transfer of Justice Ijeoma Ojukwu of the Federal High Court (FHC), Abuja, to Calabar Division of the court has stalled the commencement of hearing in a suit filed against Green Energy International Ltd and its Chairman, Prof. Anthony Adegbulugbe.

Fresh travel warning for Britons hits airline stocks

Britons were warned not to book summer holidays abroad by government ministers as COVID-19 cases in parts of Europe soar, sending travel and airline stocks down by as much as 8% on Monday.
The Newspapers Distribution Association of Nigeria (NDAN) has elected new executives.

Nigerian media ‘obsessed with bad news’

Several policy makers and media managers have accused the Nigerian media of allowing its obsession for bad news and screaming headlines to obstruct the principal mandate of setting the right agenda toward building a united and virile nation.
The logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria, file. REUTERS-Afolabi Sotunde

NGX market capitalisation closes N20.02tn as index depreciates 0.69%

The NSE All-Share Index and Market Capitalisation depreciated by 0.69% to close the week ended March 19, 2021 at 38,382.39 and N20.082trillion respectively.

Recent Stories

Former diplomat unfolds blueprint to salvage troubled Nigeria

Amid increasing social discontent in Nigeria in recent times, a scholar and former diplomat, Nnamdi Onochie, has unfolded a blueprint to put Nigeria back on track to achieve peace, prosperity and progress for survival as an entity.
The Nasarawa State Government has begun the vaccination of its frontline medical workers against the COVID-19 pandemic.

Vaccination: Low turnout hits FCT, Taraba, Abia, seven others

The statistics, however, showed that the Federal Capital Territory (FCT) as well as states such as Abia, Anambra, Akwa Ibom, Ebonyi, Enugu, Rivers, Sokoto, Kogi and Taraba were still below 50 per cent of the target.
The highly infectious variant of the novel coronavirus that is predominant in the United Kingdom may be up to 70 percent more deadly than previous strains, according to a report by the government’s scientific advisers.

Nigeria records 57 new coronavirus infections

Nigeria has the least death toll among the top six most affected countries in Africa – South Africa, Tunisia, Ethiopia, Morocco, and Egypt.

Alibaba accepts record fine, vows to change

Chinese tech giant Alibaba said on Monday that it accepted a record penalty imposed by the country’s anti-monopoly regulator.
Minister of Youths and Sports Development Sunday Dare has expressed satisfaction with the level of compliance with COVID-19 protocols by athletes and officials participating in the 20th National Sports Festival (NSF) in Benin.

NSF: Minister charges team FCT to win more medals

Minister of State, FCT, Dr. Ramatu Tijjani Aliyu, has charged Team FCT to work harder and win more medals for the nation’s capital at the ongoing Edo 2020 National Sports Festival in Benin City, Edo State.

Most Popular

PACN: Report of liquidity issues in Wema Bank never from us

PanAfrican Capital Holdings Limited, PACN, has stated that recent media reports to the effect that liquidity crisis had hit one of the nation’s oldest banks, Wema Bank did not in any way represent its position or from them.
Former Emir of Kano and one-time Managing Director of First Bank, Muhammadu Sanusi II, has lamented that the nation’s economy has not been diversified, over 60 years after the discovery of oil in Nigeria.

Mallam Sanusi: Nigeria’s political structure economically unsustainable

He spoke on Thursday at an online roundtable event titled ‘Debt Relief for a Green and Inclusive Recovery in Nigeria?’ organised by the Heinrich Böll Foundation and the Centre for the Studies of the Economies of Africa (CSEA).
President Muhammadu Buhari on Saturday commended the early response of the military and the Kaduna State Government towards the rescue of 180 students and eight staff members of the Federal College of Forestry Mechanization, Afaka, in Igabi LGA.

President Buhari appoints Usman Baba as acting IGP

President Muhammadu Buhari has approved the appointment of the Deputy Inspector-General, DIG, Usman Alkali Baba, as the Acting Inspector-General of Police, IGP.
Nigeria Labour Congress (NLC)

NLC condemns mass sack of council workers in Kaduna

The Nigerian Labour Congress (NLC), Kaduna State Council, has condemned the mass sack of workers in the state public service.
FILE PHOTO - Britain's Prince Philip leaves King Edward VII's Hospital in London, Britain March 16, 2021. REUTERS-Peter Cziborra

World leaders mourn Prince Philip

Current and former world leaders joined a chorus of condolences from around the world following the death of Prince Philip on Friday at the age of 99.