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

NGX: Stock market investors lose N81 billion to profit-taking

Trading on the Nigerian Exchange Limited (NGX), yesterday, closed the first trading session of the week on a negative note, as NSE-All-Share Index (ASI) declined by N81 billion or 0.40 per cent.

Zulumnomics, civil service and Nigeria’s economic revival

Nigeria is a country where there is a chasm between the leaders and the led. The distrust of the ordinary Nigerian for political office holders is such that most Nigerians celebrate when their leaders encounter tragic situations. If the governor takes ill in some states, a substantial proportion of the electorate would wish death on their state’s chief executive.
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.
Kwara State Governor AbdulRahman AbdulRazaq, on Friday, received the Oxford AstraZeneca COVID-19 vaccine, calling its discovery a watershed in the global campaign against the deadly virus.

Kwara leads in coronavirus vaccine preparedness, implementation

The Kwara State Primary Healthcare Development Agency (KWPHDA) has said that the state continued its leading roles in Nigeria’s COVID-19 response at the weekend with the state emerging number one in preparation for vaccination and implementation countrywide.
Samuel Aruwan

Kaduna confirms abduction of three teachers from primary school

Kaduna State Commissioner for Internal Security and Home Affairs, Samuel Aruwan, said no pupil was kidnapped from Rema Primary School, Magajin Gari Ward 2, of Birnin Gwari Local Government Area.
“At this moment, l cannot say how many students were taken away by the gunmen until l get there, but we have already mobilized security men and members of the vigilantatè who are now in pursuit of the abductors,” the commissioner stated.

Official: Three teachers kidnapped in Kaduna school attack

The state goverment had earlier on Monday announced the attack on the primary school in Rema, about 150 kilometres from the state capital, but said it was awaiting details on the incident.
A member of the House of Representatives, Rep. Yusuf Gagdi, has commended President Muhammadu Buhari for signing the Nigeria Police Bill 2020, into law.

Rep Gagdi: I have no interest in Plateau governorship race

House of Representatives Committee Chairman on Navy, Hon. Yusuf Adamu Gagdi has told his party stakeholders at Pankshin, Kanke and Kanam Federal Constituency that he has no interest to run for the Senatorial and governorship races in Plateau State in 2023.
Isu said the agency had earlier distributed food items meant for the 2019 flood victims, which was initially kept at its warehouse, following the approval of Gov. Douye Diri two weeks ago.

Bayelsa governor: 2.5% revenue for host communities ‘unacceptable’ to Niger Delta

Gov. Douye Diri of Bayelsa on Tuesday proposed that 10 per cent of derived oil revenue be provided in the Petroleum Industry Bill (PIB) for the host communities.

Deadlock in SEC case as Oando appeals court ruling

On Thursday, February 25, 2021 in a ruling presided over by Justice Giwa Ogunbanjo at the Federal High Court, Abuja, the judge declined jurisdiction to hear suits brought by Oando PLC and its directors against the Securities and Exchange Commission (SEC). The judge stated that the Investment and Securities Tribunal (IST) would be the appropriate forum to hear the matter.
Nigerian National Petroleum Corporation (NNPC)

Official: NNPC not owing federation account N3.8 trillion

The Nigerian National Petroleum Corporation, (NNPC), has said that contrary to reports that it is owing the Federation Account the sum of N3.8 trillion, it is the Federation Account and Allocation Committee (FAAC) that’s owing it the sum of N787 billion from over draft.
FILE PHOTO - People wearing face masks descend a stairwell following the coronavirus disease (COVID-19) outbreak, in Shanghai, China January 26, 2021. REUTERS-Aly Song

China refused to provide WHO team with raw data on early COVID cases –...

China refused to give raw data on early COVID-19 cases to a World Health Organization-led team probing the origins of the pandemic, one of the team’s investigators said, potentially complicating efforts to understand how the outbreak began.
The Nigeria Police Force says its investigation shows that Boko Haram, Ansaru and other terror groups are getting support from some Nigerians.

Police nab over 40 ‘criminals’ in Plateau

The Plateau state police command on Wednesday paraded over 40 suspected criminals who allegedly committed various crimes ranging from kidnapping, criminal conspiracy, armed robbery, unlawful possession of firearms, homicides among others in different parts of the State.
Benue State Governor, Samuel Ortom has expressed deep sadness over the deaths of his Special Adviser on Local Government and Chieftaincy Affairs, Mr. Jerome Torshimbe, and his Personal Assistant on Special Duties, Mr. Famous Adejo.

Groups slam Benue governor for allegedly attacking President Buhari

Three civil society groups have condemned the attack on President Muhammadu Buhari by Gov. Samuel Ortom of Benue over the activities of criminal herdsmen in the country.
The Commissioner for Justice, Aisha Dikko, made this known while issuing guidelines for the application of Fiat to prosecute criminal cases in courts as private legal practitioner.

Official: Kaduna to deploy private legal practitioners for criminal cases

The Kaduna State Government will engage and deploy experienced private legal practitioners in criminal prosecution of cases in the state.
The Inspector General of Police, IG Mohammed Adamu, yesterday vowed that the police would arrest the arsonists involved in the inferno that razed the house of Chief Sunday Igboho in Ibadan, Oyo State last Tuesday.

IGP Adamu orders AIGs, CPs enforce coronavirus law

Inspector General of Police, Mohammed Adamu has ordered officers to enforce the Coronavirus Disease (COVID-19) Health Protection Regulations 2021.
Former President John Dramani Mahama has said he refused to accept the results of the 2020 elections bascule of his principles.

Ghana election: John Mahama demands original copies of collation forms

Former President John Dramani Mahama has filed a motion again at the Supreme Court demanding original pink sheets from the Electoral Commission (EC).
FILE PHOTO - Britain's Prince Harry and Meghan, Duchess of Sussex, leave after the annual Commonwealth Service at Westminster Abbey in London, Britain March 9, 2020. REUTERS-Toby Melville

Duchess of Sussex seeks lawsuit win without trial after ‘triple-barrelled’ assault on her privacy

A tabloid’s publication of a deeply personal letter written by Meghan, Britain’s Duchess of Sussex, to her father was a “plain breach” of her privacy, her lawyers told a court on Tuesday and asked the judge to issue a summary judgement against the paper without need for a trial.
Former Russian tycoon Mikhail Khodorkovsky speaks during an interview with Reuters in central London, Britain, January, 18, 2021. REUTERS-Henry Nicholls

Kremlin critic: Vladimir Putin tries to show he’s Russia’s “top dog” with Alexei Navalny...

Mikhail Khodorkovsky, a former oil tycoon who fell foul of the Kremlin, said on Monday the arrest of Kremlin critic Alexei Navalny was an attempt by President Vladimir Putin to show he is still “top dog” in Russia.
Zainab Ahmed

Why Nigeria re-opened shut land borders

The harsh economic situation occasioned by the outbreak of the Coronavirus pandemic and negative impact of the border closure on the private sector and the ordinary Nigerians made President Muhammadu Buhari to order the re-opening of shut land borders, a top Presidency source has stated.

FCT announces death of three coronavirus patients

Federal Capital Territory Administration (FCTA) has announced the death of three COVID-19 patients in the state.

Ecobank posts N461 billion revenue in nine months

Ecobank Group has recorded a revenue of N461.2 billion for the nine months for the period ended September 30, 2020, representing nine per cent increase compared with N422.6 billion posted in the corresponding period of 2019.

House of Reps demands details of NNPC expenditure, JV cash calls, others

The House of Representatives’ Committees on Petroleum Upstream, Downstream and Gas Resources, yesterday asked the Nigerian National Petroleum Corporation (NNPC) to open up its books on various expenditures incurred on Joint Venture operation (JVC), pipeline maintenance, rehabilitation of refineries, among others.

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The Senate President, Ahmad Lawan, has said that for appreciable development to take place in the country, more women must be regarded and enlisted to take up more spaces in governance.

Nigeria’s senate president, others bag NIS fellowship award

Senate President, Ahmed Lawan, and the governor of Lagos State, Babajide Sanwo-Olu, were on Wednesday in Abuja presented with the Honourary Fellowship Award of the Nigerian Institution of Surveyors (NIS) alongside a former Minister of Defence, Brig-General Mansur Dan-Ali (rtd) and the Emir of Nasarawa, HRH Alh. Ibrahim Usman Jibril, at the institution’s 2021 investiture ceremony.
The Chairman of the Board of Trustees of the Tertiary Education Trust Fund, TETfund, Alhaji Kashim Ibrahim-Imam, on Wednesday said he and the Executive Secretary of the Fund, Prof. Suleiman Bogoro, took the suspension of the Vice Chancellor, University of Lagos, UNILAG, Prof. Oluwatoyin Ogundipe, personal when he was suspended by the Governing Council of the institution last August.

Official: TETFund spends N120 billion on academic staff training since 2008

Academic Staff from public institutions across the country have so far accessed over N120 billion for training, within and outside Nigeria, from the Tertiary Education Trust Fund (TETFund) since its inception in 2008.
As children across Nigeria join their world counterparts to celebrate Children’s Day, Governor Muhammadu Inuwa Yahaya of Gombe State has called on parents, community leaders, teachers and all involved in children’s upbringing to take mentoring seriously and provide them with a good leadership example.

Payroll fraud: Gombe approves N1.49 billion for biometric system installation

The Gombe State Government has approved the sum of N1.499 billion for the supply and installation of biometric attendance system to check payroll fraud in the state’s civil service.
All Progressives Congress (APC) Nigeria

2023: APC disowns viral zoning arrangement

The national caretaker/extraordinary convention planning committee (CECPC) of the ruling All Progressives Congress (APC) has disowned a zoning arrangement list in circulation on the social media.
Euro 2020 is almost certain to be postponed in the wake of the coronavirus pandemic sweeping across the globe.

UEFA confirms Rome as Euro 2020 host city

Rome’s Stadio Olimpico has been “fully confirmed” as a venue for Euro 2020 matches after the Italian government guaranteed the presence of at least 25 per cent of fans, UEFA announced on Wednesday.

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President Muhammadu Buhari has appointed Mr. Usman Alkali Baba, a Deputy Inspector General of Police (DIG) as Acting Inspector General of Police, with immediate effect.

IGP Baba seeks rehabilitation of dilapidated police barracks

The acting Inspector-General of Police, Usman Baba, has sought the assistance of the Police Trust Fund in the rehabilitation of dilapidated police barracks across the country.
Northern elders have condemned yesterday’s disruption of peace summit and attack on participants at Arewa House in Kaduna State by some hoodlums believed to be sponsored.

2023: Northern groups reject zoning, back restructuring

Ahead of the 2023 general elections, the Northern Elders Forum, NEF, Coalition of Northern Groups, CNG, Arewa Consultative Forum, ACF and other conveners of the Northern Peoples Summit have described restructuring as a vital necessity for survival as one united entity.
The Nigeria Police Force says its investigation shows that Boko Haram, Ansaru and other terror groups are getting support from some Nigerians.

Nigeria police deploy SWAT officers to states

The minister of police affairs, Muhammad Dingyadi, says the officers of the special weapons and tactics (SWAT) team have been deployed to state commands.
Gombe state Governor, Muhammadu Inuwa Yahaya has declared that the challenging experience the state went through in the 2020 fiscal year will be used to sharpen the vision of the government for the 2021 fiscal year and beyond.

Clash: Gombe imposes curfew on three communities

Gombe State Government has declared 24 hours curfew on three communities in Balanga Local Government namely – Nyuwar, Jessu and Tolde.
Demonstrators from the Dawei Technological University along with others march to protest against the military coup, in Dawei, Myanmar April 9, 2021 in this still image obtained from a video. Courtesy of Dawei Watch/via REUTERS

Myanmar activists call for New Year defiance; Aung San Suu Kyi due for video...

Opponents of Myanmar’s coup called on Monday for people to show defiance of the military with costumes and prayers over the upcoming new year holiday, hoping to maintain the momentum of their campaign in which more than 700 people have been killed.