Business

COVID-19: CMSCC donates ambulance to FCTA

The Capital Market Support Committee on COVID-19 (CMSCC) has commended the Federal Capital Territory Administration (FCTA) for assisting the Federal Government combat COVID- 19 in the country. Acting Director General of the SEC, Ms. Mary Uduk, stated this in Abuja on Thursday when she led other members of the committee to donate an ambulance and […]

Business

NSE erases previous day’s gain, loses N115bn

Trading activities on the floor of the Nigerian Stock Exchange yesterday closed on the negative route to upturn previous day’s gain as bears regained grip following the selloff witnessed on blue chip firms. The local bourse recorded seven gainers against 26 losers to close the trading session negative. Consequently, the All-Share Index dipped 220.65 basis […]

Business

Covid-19: Accenture cuts 900 jobs

Consulting firm, Accenture, is cutting up to 900 jobs, or eight per cent of its U.K. workforce, as the coronavirus pandemic prompted a sharp slump in demand for its advisory work, Bloomberg reported yesterday. Between 700 and 900 jobs will be affected by the planned cuts, an Accenture spokesman said Thursday in an email. The […]

News

Nasarawa gov. appoints Ibrahim Addra as CPS

Governor of Nasarawa State, Alhaji Abdullahi Sule, has appointed Ibrahim Inuwa Addra as the Chief Press Secretary to the Governor of the state. Before his appointment, Ibrahim Addra was a state House Correspondent of Channels Tevelevison in Abuja. He was Chief Press Secretary to the People’s Democratic Party ( PDP) led administration of Alhaji Aliyu […]

Business

Lender donates COVID-19 test kits to Lagos

Stanbic IBTC Holdings PLC has further strengthened its support for fight against Coronavirus (COVID-19) through the donation of test kits to the Lagos State Government. Announcing the donation of the kits, which were presented to the Lagos State Government at the Lagos State Biobank, Mainland Hospital, Yaba, the lender said the move became imperative given […]

News

New fuel hike: APC lacks human sympathy – PDP

The Peoples Democratic Party (PDP) has said the Federal Government decision to increase the pump price of fuel from N123 to N143.80 per liter shows lack of sympathy of the All Progressives Congress (APC) administration to the plight of Nigerians. PDP in a statement by its National Publicity Secretary, Kola Ologbondiyan, described the increase as […]

Business

Apple to re-close more stores in US

Apple said it would re-close more than two dozen stores in seven states starting Thursday, including its home state of California, bringing total closures to 77 as coronavirus cases continue to rise. The stores will close in Alabama, Georgia, Idaho, Louisiana, Nevada and Oklahoma, it said on Wednesday, when additional stores had already closed in […]

News

Turkey wants French apology over Mediterranean warships incident

Foreign Minister Mevlut Cavusoglu said on Thursday Turkey expects France to apologise after an incident between Turkish and French warships in the Mediterranean prompted Paris to request a NATO investigation. Relations between the NATO members have soured over the Libya conflict, where Turkey supports the internationally recognised government and accuses Paris of backing the eastern-based […]

Metro & Crime

NAFDAC officials disrupt unveiling of COVID-19 herb in Ogun

There was pandemonium Thursday in Abeokuta, the Ogun State capital, when officials of the National Agency for Food and Drug Administration and Control (NAFDAC) disrupted the unveiling of an anti-coronavirus herbal syrup. The incident happened at Centenary Hall, Ake, Abeokuta, where a herbal medicine expert, Paul Oni, was billed to address a press conference and […]

News

Probe LADOL’s Nigerian ownership claim, group tells Buhari

The Nigerian Content Vanguard (NCV) has urged President Muhammed Buhari and the various government agencies in the oil and gas sector to probe the indigenous ownership claim of the Lagos Deep Offshore Logistics (LADOL) to put the raging controversy over the ownership of the company to rest. In a statement issued from Yenagoa, Bayelsa State […]