Breaking News

Day: February 9, 2024

Dangote pledges to ease economic burden in Kano State

He expressed appreciation for the kind gesture of Aliko Dangote in the area of education and healthcare development, especially in the eradication of poliomyelitis. The President of Dangote Conglomerate, Alhaji Aliko Dangote, has pledged to support social policies and human development initiatives of the government, targeted at ameliorating the economic burden on the people of…

Read More

₦800bn investments may be lost due to sachet alcohol drinks ban

Ajayi-Kadir said that the bank would impact negatively on manufacturers, workers, the citizenry and the economy. The ban on alcoholic beverages in sachets and pet bottles less than 200ml may cause manufacturers and other stakeholders across the food and beverages value chain to lose investments worth over ₦800 billion. The Manufacturers Association of Nigeria (MAN)…

Read More

NGX market capitalisation rebounds by ₦345bn

As a result, market breadth closed positive with 36 advancing stocks, compared with 26 declining ones. Transactions rebounded on the Nigerian Exchange (NGX) on Friday with the market capitalisation increasing by ₦345 billion, after days of negative trend. The market capitalisation closed at ₦55.735 trillion, compared with ₦55.390 trillion achieved on Thursday, a growth of…

Read More

NERC fines 11 Discos N10.5bn for violating order on estimated bills

The commission reaffirmed its commitment to regulatory compliance and consumer protection within the Nigerian Electricity Supply Industry. The Nigerian Electricity Regulatory Commission (NERC), says it has sanctioned eleven Electricity Distribution Companies (DisCos) for non-compliance with capping of estimated bills for unmetered customers. The commission’s management said this in a statement in Abuja on Friday. The…

Read More

JAMB registrar storms Lagos UTME registration centre to monitor exercise

The registrar said that already, some 1.2 million candidates had so far registered for the UTME as of Friday, out of the anticipated 1.5 million. The Joint Admissions and Matriculation Board (JAMB) has urged candidates for this year’s UTME not to allow a third party to do the registration for them. Registrar of the board,…

Read More

Navy uncovers 15 illegal refineries in Rivers

He expressed concerns that frequent vandalism of pipelines and wellheads had further polluted and damaged the environment. The Nigeria Navy has discovered 15 massive illegal refining sites with the capacity to process 2.7 million litres of crude oil per day in Rivers, a senior navy official revealed. Commodore Desmond Igbo, the Commander, Nigeria Navy Ship…

Read More

NAFDAC penalises Abuja pizza outlets over use of expired seasoning

Abdulsalam added that the ingredients were seized and the company was penalised. The FCT Directorate of the National Agency for Food and Drug Administration and Control (NAFDAC) says it has penalised two pizza outlets in the FCT for using expired dough blend seasoning. The FCT Director of the agency, Ozigis Abdulsalam, made this known in…

Read More

Know your health status before watching football, Experts caution Nigerians

Odedeji urged individuals with cardiogenic conditions to stay away from highly-exciting conditions such as football matches. Medical experts and sports enthusiasts have advised sports lovers, particularly football fans, to stay clear of tension-filled matches that can excite them and trigger their known or underlying health issues. They advised in separate interviews with the News Agency…

Read More

Our leaders to blame for why PDP keeps losing elections in Lagos, Chieftain

Adewale said there was a need to put a structure in place to promote accountability in Lagos PDP to check mismanagement of election funds in 2027 and beyond. Otunba Segun Adewale, a former Chairman of the Peoples Democratic Party (PDP) in Lagos State, has blamed the repeated electoral defeats of the PDP in the state…

Read More

Court dissolves 11-yr-old marriage after wife declares no love for husband

She, however, prayed the court to dissolve the marriage on the said ground, saying she did not love him anymore. An Upper Area Court, Kubwa, Abuja on Friday, dissolved an 11-year-old marriage between a housewife, Oloyede Oyetola and her husband, Subair Afolabi for lack of love. The Judge, Muhammad Wakili, dissolved the marriage according to…

Read More