Capital market can bring succor to Nigeria’s situation – NGX

January 31, 2022 Amaka Ifeakandu 0

The Chief Executive Officer, Nigerian Exchange Limited, Mr. Temi Popoola, has said the current Nigerian situation can be turned around with solutions from the stock market. Popoola who made this statement while addressing Capital market stakeholders at the Investment and Securities Bill (ISB) Lawmakers’ Retreat convened by the Securities and Exchange Commission (SEC) said It is well-known fact that countries Read More

Equity market opens in positive trend, gains N226bn

January 31, 2022 Amaka Ifeakandu 0

Trading activities on the floor of Nigerian Exchange (NGX) yesterday opened week in positive note, appreciating by N226 billion. Specifically, market Capitalisation of listed equities increased by 0.90 per cent to N25.124 trillion from N24.898 trillion reported the previous day. The NGX All Share Index also appreciated by 419.62 basis points to 46624.67 points from 46205.05 points traded the previous Read More

2023: Group backs Osinbajo, seeks Nigerians support

January 31, 2022 Benjamin Samson 0

Ahead of the 2023 elections, members of the Osinbajo Governance Grassroot Group (OG3) have asked Vice President Yemi Osinbajo to throw his hat in the ring and contest the 2023 presidential election to succeed incumbent President Muhammadu Buhari.The group said Osinbajo is one of the few Nigerian political aspirants who will not only turn electoral victory into an opportunity for Read More

Stanbic IBTC to deepen capital market with investment solutions

January 31, 2022 Segun Odunewu 0

In a bid to develop the Nigerian capital market and enhance the economy, Stanbic IBTC Asset Management, a subsidiary of Stanbic IBTC Holdings PLC, is set to advance customer assets in 2022 with its bouquet of investment solutions. With a robust marketing campaign theme: Invest for More, Stanbic IBTC urges investors, young and old, retail and corporate, employed and self-employed, Read More

CBN launches first phase of 100 for 100 projects valued at N23.2bn

January 31, 2022 David Agba 0

The Governor of the Central Bank of Nigeria (CBN Mr. Godwin Emefiele Monday officially launched the first phase of the 100 for 100 Policy for Production and Productivity (PPP), with 26 companies valued at N23.20 billion. This is another of the apex bank’s intervention designed to stimulate investments in Nigeria’s priority sectors with the core objective of boosting production and Read More

NSCDC boss restructure Rivers command, declares war on vandals

January 31, 2022 Bode Olagoke 0

Commandant General of the Nigeria Security and Civil Defence Corps (NSCDC) Ahmed Abubakar Audi, has affirmed his commitment to sanitising and rejiging the Rivers state command of the Corps for effective service delivery and optimal performance.  This is in the furtherance of his assurance to restructure and reconstitute the anti vandal unit of Rivers state command with a view to Read More

Stock exchange announces FG’s multi-tranche $4bn Eurobonds

January 31, 2022 Segun Odunewu 0

Nigerian Exchange Limited (NGX) has announced the listing of the Federal Government of Nigeria (FGN) $4,000,000,000 FGN Eurobonds on its platform on Monday, 31 January 2022. The Eurobonds were issued in three tranches, 6.125 percent FGN SEP 2028 worth $1,250,000,000.00; 7.375 percent FGN SEP 2033 worth $1,500,000.00; and the 8.25 percent FGN SEP 2051 worth $1,250,000,000.00. Recall that in October Read More

FG intensifies efforts to curtail Lassa fever in Nigeria

January 31, 2022 Blueprint 0

The Federal Ministry of Environment has strengthened activities on environmental health and sanitation response to Lassa fever outbreak in the country. Minister of State for the Environment, Sharon Ikeazor made this known at the weekend, saying that her ministry has already embarked on environmental health and sanitation response campaign in 11 states of the Federation to ensure improvement in environmental Read More

GCF grants Liberia $10m to enhance climate information systems

January 31, 2022 Blueprint 0

The Board of Directors of the African Development Bank (AfDB) has approved a $10 million grant from the Green Climate Fund (GCF), for which the bank is the accredited agency, to improve Liberia’s early warning weather systems. The project will also receive $431,969 from the bank’s ClimDev Africa Special Fund and $1 million from the government of Liberia. The funding Read More

NESREA to develop plastic waste regulations

January 31, 2022 Helen Oji With agency 0

The National Environmental Standards and Regulations Enforcement Agency (NESREA) is to develop specialised national environmental regulations on plastic waste. This emerged at the close of the stakeholders’ engagement workshop on Strengthening National Advocacy for the Transposition and Domestication of the Basel Convention Amendment (Plastic Waste Regulations) in Nigeria” held in Abuja. According to the participants called for a reflection on Read More

5G Network: Why aircraft are not in danger in Nigeria – NCAA DG

The rollout of the proposed new 5G wireless internet service that has been welcome with mixed feelings in the aviation world may afterall be of less worry to flight operations in Nigeria; the Director General of the civil aviation authority has assured. Telecommunication firms are prepared to roll out a new, faster wireless internet service across the world before the Read More

Eko DisCo, Ikeja Electric give reason for poor power supply in Lagos

January 31, 2022 Blessing Anaro 0

Elko Electricity Distribution Company (EKEDC) and Ikeja Electric (IE) Plc have provided reason for the constant power outage being experienced by its customers in Lagos and its environs. The 2 power distribution companies (DisCos) have attributed the recent blackouts under their networks to drop in power generation in the country. This disclosure is contained in the statement issued by the Read More

Stakeholders: South West needs political will to grow investment

January 31, 2022 Blessing Anaro 0

Political will and commitment from the Six governors from the South-West Nigeria will stimulate investment and economic integration in the geo-political zone. Stakeholder emphasized this at the 2022 South West Investment Promotion Agencies forum organized by the DAWN Commission and hosted by the Office of Sustainable Development Goals (SDGs) in Lagos state. Giving the opening remarks at the event the Read More

Bandits kidnap 3, injure 1 in Zaria

January 31, 2022 Moh Bello Habib, 0

Armed bandits on Sunday night invaded Rafinfa village in Dembo, Zaria Local Government Area of Kaduna state where they kidnapped three people and shot one person. An eye witness, Bala Zakari, told Blueprint that, “Those kidnapped include Alhaji Ali Nura, Alhaji Lawal Musa, Alhaji Sahabi Rufa’i were kidnapped while Hudu Shuraihu was shot in the chest and has been rushed Read More

NASENI, Indonesia collaborate on technology transfer to Nigeria

January 31, 2022 Binta Shama 0

The Indonesia Ambassador to Nigeria, Dr. Usra Hendra Harahap recently paid a courtesy visit to the Executive Vice Chairman/CE of the National Space Engineering Infrastructure (NASENI), Engr. Prof. Mohammed Sani Haruna where the duo partnered in Rural Multipurpose Mechanical Tools Projects (AMDESS) to help Nigerian farmers. Speaking, the Executive Vice Chairman NASENI said the technology transfer is aimed at creating Read More

Police smash bandits’ hideouts in 3 Sokoto LGs

January 31, 2022 Sidi A Umar 0

The Nigerian Police Force had during its Operation Sahara Storm smashed bandits’ hideouts in Rabah, Goronyo and Illela local government areas where 23 bandits were in the process neutralised, the Deputy Inspector General of Police in charge of Operations, DIG Ahmed Zaki Gwandu, has said. Speaking while parading the 37 suspects also arrested during the operations at the Sokoto state Read More

Ekiti 2022: APC, PDP guber primaries compliant with Electoral Act – CSGs

January 31, 2022 Ojo Oladele 0

The Coalition of Ekiti State Civil Society Organisations (COESCSOs),has said that the primaries conducted by the All Progressives Congress(APC) and the People’s Democratic Party (PDP) last week were peaceful, acceptable and substantially compliant with the provisions of the Electoral Act. The coalition noted that the outcome of two elections were largely supported by godfathers, saying those alleged to have been Read More

Niger: Gunmen attack on Galadima regrettable –Bello

January 31, 2022 Aideloje Ojo 0

Niger state governor, Abubakar Sani-Bello, has described as unfortunate and regrettable the recent attack by gunmen on Galadiman-Kogo and other villages in Shiroro local government area of the state. The governor in a statement issued by his chief press secretary, Mrs Mary Noel-Berje in Minna Monday, condemned the attack and called on the residents to be more vigilant. He said:”It Read More

Nigeria needs to diversify economy from oil to agric – Balogun

January 31, 2022 Bayo Agboola 0

The Senator representing Oyo South Senatorial District, Senator Kola Balogun Monday advocated immediate diversification of Nigeria economy to agriculture. Senator Balogun made the call in Ibadan while speaking with journalists at a training workshop organised for 1,300 women and youth in his constituency as part of his empowerment programme. He stated that there is the need to make agriculture the Read More

Enugu moves to tackle housing deficits

January 31, 2022 Blueprint 0

The Enugu State Housing Development Corporation (ESHDC) has disclosed that it is tackling housing deficit in the state through provision of affordable housing for civil servants. The Corporation’s General Manager, Mr Chukwuemelie Agu, who disclosed this on Monday in an interview, said housing scheme was to ensure that civil servants in the state own houses at various estates provided by Read More

‘Surveying, factor for physical development’

January 31, 2022 Blueprint 0

The Surveyor General of the Federation (SGoF), Surv. Abuduganiyu Adeyemi Adebomehin has described Surveying as an integral factor to the growth and durability of especially projects of physical development. To this end, he said Surveying gives man the idea of his land space, location and quantity of the material resources therein to enhance effective planning, utilization of the resources and Read More

ACP Ambua Mohammed appointed 1st female adviser for multi-national taskforce

January 31, 2022 Chizoba Ogbeche 0

An Assistant Commissioner of Police, ACP Amabua Ashe Mohammed, has been appointed the Police Adviser for the Multi-national Joint Task Force in N’Djamena, Chad.A press statement by the Force Public Relations Officer (FPRO), CP Frank Mba, Monday in Abuja, said with the appointment ACP Amabua becomes the first female police officer in history to hold the tasking position of coordinating Read More

Expert tasks property investors on ‘proper land documents’

January 31, 2022 Blueprint 0

The Chairman of Property World African Network (PWAN Group), Dr Augustine Onwumere, has advised property investors to ensure they procure requisite title documents. Onwumere, who gave the advice at the unveiling of PWAN Land Acquisition & Title Procurement Ltd., by PWAN MAX Property and Business Solutions, a member of the PWAN Group, in Lagos, recently, said the possession of title Read More

EFCC returns recovered property to Arthur Eze in Enugu

January 31, 2022 Chizoba Ogbeche 0

The Economic and Financial Crimes Commission (EFCC), Enugu Zonal Command has returned 11 houses recovered in different parts of Enugu to Chief Arthur Eze. EFCC Head, Media and Publicity, Wilson Uwujaren, in a press statement, Monday in Abuja, said the property were recovered by the EFCC from the duo of Olisaebuka Okechukwu Eze and Onyeka Nnadozie Eze, administration and finance Read More