FMSTI, CLINOTECH signs MOU

September 2, 2021 Binta Shama 0

The Federal Ministry of Science, Technology and Innovation, has reached an agreement with CLINOTECH Laboratory Limited on the production and distribution of Rapid Diagnostic test kits. The agreement was signed on Monday between the Federal Ministry of Science, Technology and Innovation, Nigerian Institute of Laboratory Science Technology (NILST) and CLINOTECH Laboratory Ltd. According to the press statement signed by the Read More

Lagos Legends set to stage reunion football giesta

August 28, 2021 Blueprint 0

A group of retired footballers and ex-Nigeria internationals who once plied their trades in Lagos under the aegis Lagos Legends Club have announced plans to stage a football fiesta aimed at reuniting the retired footballers, home and diaspora. In a statement signed by a top member of the LLC, Monday Kanu, the coming together of former football colleagues tagged, ‘ Read More

Be conscious of your integrity, Blueprint editor counsels trainee journalists

June 13, 2021 Habibah A. Taiwo 0

Editor Blueprint Newspapers (Daily) Abdulrahman A. Abdulrauf has urged trainee journalists to be conscious of their integrity if they are to make a fulfilling career out of journalism. He also said  journalism is one profession that prides itself in the service of humanity, stressing that anyone desirous of quick material wellbeing should look outside the wall of the pen profession. The Read More

Equity market loses N99bn

May 27, 2021 Amaka Ifeakandu 0

Equity market on the floor of Nigerian. Exchange Thursday sustained volatility, shedding N99 billion. Specifically, market capitalisation of listed equities declined by 0.49 per cent to N19.829 trillion from N19.928 trillion reported the previous day. The Nigerian Exchange (NGX) All Share Index also depreciated by 189.10 basis points to 38044.58 points from 38233.68 points reported the previous day. Investors traded Read More

Equity market remains volatile, sheds N99bn

May 27, 2021 Amaka Ifeakandu 0

Equity market on the floor of Nigerian.Exchange Thursday sustained volatility, shedding N99 billion. Specifically, market capitalisation of listed equities declined by 0.49 per cent to N19.829 trillion from N19.928 trillion reported the previous day. The Nigerian Exchange (NGX) All Share Index also depreciated by 189.10 basis points to 38044.58 points from 38233.68 points reported the previous day. Investors traded 214.172 Read More

Investors purchase shares worth N6.397bn

January 21, 2021 Amaka Ifeakandu 0

Volume of activities on the floor of Nigerian Stock Exchange Thursday increased by 72.5 per cent, as the market closed in a downward trend. The volume transactions increased by 471.351 million as investors traded 1.121 billion shares valued at N6.397 billion in 7404 deals against 649.649 million shares cost N4.611 billion in 6296 deals. The NSE trading result showed that Read More

Mutual benefits secures shareholders’ nod to raise N4.8bn through private placements

December 9, 2020 Edet Udoh 0

Mutual Benefits Assurance Plc sailing on shareholders’ endorsement is set to advanced its recapitalisation efforts in compliance with the regulatory requirement set for underwriting companies in the industry. The underwriter is embarking on a private placement to raise additional N4.8 billion, from its existing investors who have shown interest to increase their stake to enable the company meet its new Read More

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FG to partner Dundee University on STI

January 20, 2020 Editorial IV 0

The Federal Government in collaboration with the University of Dundee, Scotland are to develop a technical committee to focus on the study of Nanotechnology, Biotechnology, Forensics and Information Communication Technology for mutual benefits.   The Minister of state for Science and Technology Barr. Mohammed Abdullahi disclosed this  when he received the Associate Dean of the University of Dundee Professor, Peter Mceleavy Read More

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Eid-el-Kabir: Kuwait strengthens ties with Nigeria

August 13, 2019 Editorial IV 0

Kuwaitian Government has reiterated commitment to strengthen the diplomatic ties with Nigeria to further achieve sustainable global peace and mutual economic prosperity. The Ambassador of the State of Kuwait to Nigeria, Amb. Abdulaziz Albishir Bu Uthman, stated this in Abuja, Monday, shortly after distributing Eid-el-Kabir Sallah packages such as food items, meat, noodles and groundnut oil among others to over 10,000 Read More

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Marketer bolts with employer’s N1.39m

September 25, 2018 Administrator 0

A 34-year-old, Dan Ismaila, was yesterday docked at an Abeokuta Chief Magistrates’ Court for allegedly forging receipts and stealing N1.39 million belonging to his employer, Mutual Benefits Life Assurance Ltd. The accused is facing a threecount charge of forgery, false representation and stealing. According to the prosecutor, ASP Sunday Eigbejiale, the accused committed the offences between July 2015 and April Read More

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Equity market close in downward trend, declines by N10bn

May 7, 2018 Editorial IV 0

Trading activities on the floor of Nigerian Stock Exchange (NSE) last week closed in negative trend, dropping by N10 billion. The market capitalisation depreciated by 0.07 per cent to N14.931 trillion from N14.940 trillion reported the previous week. The Nigerian Stock Exchange All Share Index declined by 26.17 to 41218.72 from 41244.89 points traded two weeks ago. Similarly, all other Read More

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NSE: Equity return to bullish trend, gains N198bn

April 30, 2018 Editorial IV 0

Investment in the nation’s equity market last week closed in an upward trend, appreciating by N198 billion. Specifically, market capitalisation of listed equities increased by 1.34 per cent to N14.940 trillion from N14.742 trillion reported the previous week. The Nigerian Stock Exchange All Share Index increased by 430 basis points to 41244.89 points from 40814.89 recorded the previous week. Similarly, Read More

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NSE: Equity market closes on negative note, sheds N42bn

April 23, 2018 Editorial IV 0

Trading activities on the floor of Nigerian Stock Exchange last week close in negative note shedding N42 billion. Specifically, market capitalisation of listed equities declined by 0.28 per cent to N14.743 trillion from N14.784 trillion reported in the preceding week. Also, the NSE All Share Index declined by 113.81 basis points to 40814.89 from 40928.70 recorded the previous week. The Read More

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Equity market sustains decline profile, sheds N20bn

March 26, 2018 Editorial IV 0

Trading activities on the floor of Nigerian Stock Exchange took negative trend last week, declining by N20 billion. Specifically, market capitalisation of listed equities fell by 0.13 per cent to N14.981 trillion from N15.001 trillion reported the previous week. The Nigerian Stock Exchange All Share Index depreciated by 463.83 basis points to 41472.10 points from 41935.93 recorded the previous week. Read More

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Itakpe-Ajaokuta-Warri rail line begins commercial activities August – FG

January 11, 2018 Editorial IV 0

By Benjamin Umuteme Abuja The Minister of Transportation, Rotimi Amaechi, has assured that the Itakpe-Ajaokuta-Warri standard gauge rail lines would commence commercial activities in August. Amaechi, who, told newsmen in Abuja on Wednesday, added that the ministry was putting in place all the necessary facilities to ensure that the rail lines start operation. He said that seven coaches were expected Read More

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NSE 30 index review affected Oando, 7Up, others

December 31, 2017 Editorial IV 0

The Nigerian Stock Exchange (NSE) over the weekend review its NSE-30, and its seven sectoral indices, following the completion of the year-end review and index rebalancing exercise which will see the entry of some major companies and the exit of others from the various indices. Most affected in the review were Oando Plc and 7-Up Bottling Company, which have been Read More

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Operators are dragging their feet over the implementation of the much talked about Risk Based

December 29, 2017 Editorial IV 0

Supervision (RBS) in the insurance industry, despite its ability to rescue the drowning financial subsector. In this report, DAVID AGBA writes that with its operational advantages, domestication and implementation of RBS to cater to the peculiarities of insurance industry in Nigeria, may be the path to toe in further developing the industry and deepening its impact on the economy. Whenever Read More

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FG lauds China over transportation varsity

December 15, 2017 Editorial IV 0

By Uji Abdullahi Iliyasu Abuja Minister of Education, Mallam Adamu Adamu has lauded the People’s Republic of China for its remarkable presence in the Nigerian real sector through the construction of roads, bridges and other social landmarks. The minister said this in his office while addressing the Chinese delegation made of the Central South University (CSU) and the Chinese Civil Read More

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2018: Old Mutual pledges seamless service delivery

December 8, 2017 Editorial IV 0

The Management of Old Mutual Nigeria has reassured its customers of better service delivery, innovative products that would meet their needs in 2018. The company, which believes that its growth and success lies critically on the appreciation of its services now and in the future by the customers, says focus in 2018 and beyond shall be on customer satisfaction. The Read More

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Nigeria loses N175bn annually to medical tourism – Ex-minister

December 7, 2017 Administrator 0

A former Minister of Health, Onyebuchi Chukwu, has said that Nigeria was losing N175 billion annually to medical tourism. Chukwu made the claim at opening ceremony of the 2017 Faculty of Clinical Sciences 10th Faculty Week & Scientific Conference, Obafemi Awolowo University, Ile-Ife, on Tuesday, with theme: “Medical Tourism in Nigeria.” He said the wasted fund was more than 50 Read More

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ONU woos British investors

November 9, 2017 Editorial IV 0

By Binta Shama Abuja The federal government has appealed to a trade mission from the United Kingdom to invest in the commercialization of Nigerian research findings and innovations. The Minister of Science and Technology, Dr. Ogbonnaya Onu made the call when a trade delegation from UK paid him a courtesy visit in Abuja. The minister disclosed that some of the Read More

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KNSG, Indonesia to partner on food processing

November 9, 2017 Editorial IV 0

By Bashir Mohammed Kano Kano state government will create enabling environment for Indonesian investors to invest in the state’s agricultural sector, towards revamping food production for local consumption and export, Governor Abdullahi Umar Ganduje, has disclosed. He said Kano “will open its doors to them in the area of food processing, to curb undue wastage of rice, wheat and vegetables, Read More

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Mutual Benefits wins award

October 6, 2017 Administrator 0

Mutual Benefits Assurance Plc has declared the 2017 Interswitch Payment Innovation Driver Award Winner in the Insurance Category of the Interswitch Awards and Gala Night held in Lagos. The Company won the Award in recognition of the innovative cashless payment solutions, which the Company and its subsidiary; Mutual Benefits Life Assurance Ltd. have put in place to ensure its esteemed Read More

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FG set to regulate social media content

July 26, 2017 Administrator 0

The National Council on I n f o r m a t i o n ( N C I ) h a s recommended the “setting up of a Council to regulate the use of social media in Nigeria”. The recommendation is contained in a communique issued at the end of extraordinary meeting of NCI on hate speeches, fake news Read More