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House of Representatives has elected to set a limit and timeframe for any person appointed as the Chairman of the Economic and Financial Crimes Commission, EFCC on acting capacity.

Reps: Lack of scanners at ports compromising Nigeria’s security

Chairman, House Technical Committee on Customs and Excise, Hon. Leke Abejide made the observations when he led other members of the committee on the oversight of Customs formations in Zone C of the Nigeria Customs Service with headquarters in Port Harcourt.
The transportation commissioner, Frederick Oladeinde, made this known at the 2020 ministerial press briefing held in Lagos.

Lagos completes 297 roads repairs, targets 250kms rehabilitation works in 2021

The Lagos State Public Works Corporation (LSPWC) on Tuesday said it was targeting the rehabilitation of 250 kilometres of roads across the state in 2021 in addition to the 297 it repaired between 2019 and 2020.
Commuters head to take the train at rush hour, amid the coronavirus disease (COVID-19) outbreak, at Canning Town underground station in London, Britain, January 18, 2021. REUTERS-Hannah McKay

UK says vaccine manufacturing is ‘lumpy’ but still on course for targets

Britain’s vaccine rollout is limited by a “lumpy” manufacturing process affecting supplies of both Pfizer and AstraZeneca, but is on track to hit its targets, Vaccine Deployment Minister Nadhim Zahawi said on Monday.
The Real Madrid Football Academy, Port Harcourt, owned by the Rivers State Government in partnership with Real Madrid Football Club of Spain, says it will begin a four-day selection process toward admitting the first set of students for the academy.

Real Madrid Football Academy begins screening of applicants in Port Harcourt

The Real Madrid Football Academy, Port Harcourt, owned by the Rivers State Government in partnership with Real Madrid Football Club of Spain, says it will begin a four-day selection process toward admitting the first set of students for the academy.

Ondo guber: Group blames Senator over comments on PDP candidate

A pressure group within the Ondo State chapter of the Peoples Democratic Party (PDP), The Peoples Advocate, has chastised the senator representing Ondo South Senatorial district, Nicholas Tofowomo, who accused the party’s governorship candidate, Mr. Eyitayo Jegede, of being “the architect of his own defeat” in the last governorship election.
The logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria, file. REUTERS-Afolabi Sotunde

NSE: Nigerian stocks maintain bullish trend for fifth straight day

Equities on the Nigerian Stock Exchange generally posted their fifth consecutive daily gains on Thursday as leading stocks including Seplat, Dangote Cement and MTNN propelled the N325 billion upward drift.
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: Nigeria should find way of producing oil cheaper at largest volume

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

NSE extends gain, index rises further by 0.11 percent

Positive sentiments persisted on the Nigerian Stock Exchange on Wednesday with the All-Share Index extending growth by 0.11 per cent.
The logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria, file. REUTERS-Afolabi Sotunde

NSE opens week with 0.08 percent growth

Trading on the nation’s bourse resumed on Monday on a positive note, following investors’ interest in shares of Zenith Bank, International Breweries (IB) and Flourmill.
The Commissioner of Police, Lagos State, CP Hakeem Odumosu, made the declaration on Thursday while deliberating on the strategies put in place with the election monitoring officers deployed from the Force Headquarters, Abuja, to assist and monitor the elections in Lagos State.

Lagos police go tough on unregistered vehicles

The Lagos State Police Command has again directed its operatives to go after unregistered vehicles, vehicles with covered numbers plates, fake number plates and unauthorised use of siren in the state.
Nigeria Naira

Nigerian government borrowed N3.2 trillion through treasury bills in 2020

The Federal Government borrowed N3.2 trillion from the investing public through treasury bills, TBs, in 2020, while it paid N253 billion as interest on TB borrowings from January to September 2020.
The logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria, file. REUTERS-Afolabi Sotunde

Nigerian stock exchange resumes 2021 with N459 billion growth

The Nigerian Stock Exchange (NSE) resumed trading in 2021 on a bullish trend with the All-Share Index surpassing the 41,000 mark, as investors continued to position ahead of full-year results and dividend declaration.
The logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria, file. REUTERS-Afolabi Sotunde

Nigeria stock market advances by N214 billion

Nigeria extended bullish posture on Wednesday with the market capitalisation increasing further by N214 billion on sustained bargain hunting of blue chips.
Nigeria Naira

CBN: Naira to fall further in January

Barely five days to the end of the year 2020, the Central Bank of Nigeria has disclosed that a survey carried out by its Statistics Department revealed that the naira is expected to depreciate further in January 2021.
The Corps Marshal, Federal Road Safety Corps, Dr Boboye Oyeyemi has tasked Commanding Officers to brace up, be more proactive and ensure immediate deployment of personnel for aggressive sensitization of the motoring public on the need to observe maximum safety precautionary measures in the face of the recent threat of the second wave of COVID-19 in Nigeria.

FRSC boss expresses concerns over speed-related crashes

The Corps Marshal of Federal Road Safety Corps, Dr Boboye Oyeyemi, has expressed concerns over increasing cases of speed-related crashes during this Yuletide period and directed commanding officers to step up enforcement of the law on the use of speed limiting device.
A man is silhouetted against the logo of the World Bank at the main venue for the International Monetary Fund (IMF) and World Bank annual meeting in Tokyo. REUTERS-Kim Kyung-Hoon

Coronavirus: World Bank provides NIMC with £172 million PPE for NIN registration

The World Bank has provided the National Identity Management Commission (NIMC) with protective equipment (PPE) against Covid-19 worth £172m, to assist the agency to carry out enrolments for National Identification Numbers (NIN) across the country.
Nollywood actress, Eniola Badmus, says that she won’t commit suicide because of her size.

Eniola Badmus: I won’t kill myself because of my size

Speaking to newsmen on Saturday, the actress revealed what she tells those who attacked her because of her weight.
The logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria, file. REUTERS-Afolabi Sotunde

Nigeria’s stock market closes for Christmas with N2 billion loss

Nigerian Stock Exchange (NSE) on Thursday reversed its uptrend, dropping by N2 billion ahead of the Christmas celebration.

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Nigerian government restates commitment to supporting MSMEs

Federal Government has pledged it’s commitment to supporting Micro, Small and Medium Enterprises (MSMEs) in order to create more job opportunities for the nation’s teeming youths.

Court grants order to paste hearing notice in ex-Speaker Dogara’s office

The Federal High Court sitting, Abuja, on Tuesday, granted an ex-parte order to paste hearing notices on former speaker of the House of Representatives, Yakubu Dogara, in his office.
Lagos State Head of Service, Mr. Hakeem Muri-Okunola, has announced the reopening of the State Secretariat, Alausa as well as other government establishments.

Lagos opens wellness centre for employees

He added that the initiative was part of an effort to promote a comprehensive health system and ensured civil servants attained better mental health which underscores the high premium the present administration places on the wellbeing of its workforce in line with its THEMES Agenda, particularly at this present time when everyone was grappling with a global health crisis of Covid-19 Pandemic.

Ondo election: INEC opens defence at tribunal

The Ondo State Election Petition Tribunal on Tuesday resumed sitting with an official of the Independent National Electoral Commission (INEC), Tope Aina, disagreeing with the petitioner that votes scored by Governor Rotimi Akeredolu were wrongly credited.
There is significant breaking Real Madrid news on Tuesday with Marca reporting that Martin Odegaard has asked to leave the club this month.

Martin Odegaard has asked to leave Real Madrid

There is significant breaking Real Madrid news on Tuesday with Marca reporting that Martin Odegaard has asked to leave the club this month.