Siemens Energy shares hit record low as sell-off continues

January 25, 2022 Blueprint 0

Shares in Siemens Energy have hit a record low as a sell-off triggered by problems at its wind power division Siemens Gamesa continued following a HSBC downgrade. Siemens Energy’s stock fell as much as 6.9% to 17.805 euros per share, its lowest since the company was spun off from former parent Siemens AG and listed separately in September 2020. On Read More

MTN leads as Nigerian companies post profits amidst forex crisis

November 10, 2021 Segun Odunewu 0

MTN Nigeria, Dangote Cement, Flour Mills, Nigeria Breweries Nestle, Total, Julius Berger and some other companies listed on the Nigerian Stock Exchange brushed aside rising inflation rate and exchange rate crisis to record a surge in revenues and profits. Financial statements of 32 of the most capitalized companies on the stock exchange, excluding commercial banks, revealed the companies recorded aggregate Read More

Gidey smashes women’s half marathon world record

October 24, 2021 Editorial IV 0

Ethiopia’s Letesenbet Gidey smashed the women’s half marathon world record on Sunday, finishing in one hour, two minutes and 52 seconds at the Valencia Half Marathon Trinidad Alfonso EDP. The 23-year-old Gidey, who is also the world 5,000 metres (14:06.62) and 10,000 metres (29:01.03) record-holder, shaved more than a minute off the previous half marathon mark of 1:04:02 set by Read More

40m membership: We ‘ll win Anambra, victorious in 2023 general elections – APC

October 21, 2021 Bode Olagoke 0

The ruling  All Progressives Congress (APC) has expressed confidence that it will win the forthcoming Anambra governorship election and later win the 2023 general elections with its membership strength of over 40 million. The ruling party has boasted that governorship  elections in Ekiti and Osun states will be in their favour. Secretary of the party’s Caretaker Extra-ordinary Convention Planning Committee Read More

Kaduna insecurity: How 888 were killed, 2,553 kidnapped in 9 months – Report

October 21, 2021 AbdulRaheem Aodu 0

  Not less than 888 people have been killed and 2,553 others kidnapped in Kaduna state between January and September 2021. Seven hundred and twenty people were also injured within the period, Kaduna state security report has disclosed.  The third quarter security report presented by Kaduna state Commissioner for Internal Security and Home Affairs, Mr Samuel Aruwan, Wednesday, said 220 Read More

Internal democracy: PGF boss calls for new orientation in management of political parties

October 17, 2021 Bode Olagoke 0

Director General of the Progressive Governors Forum (PGF) Salihu Moh Lukman, has called for a new orientation in the management of political parties to address issues of membership recruitment and management, party funding and administration. Lukman, who is a chieftain of the All Progressives Congress (APC) said unless these issues are addressed Nigerians will continue to experience all the familiar Read More

OPEC sees soaring gas prices as panacea for declining oil demand

October 14, 2021 Blessing Anaro 0

In the face of declining demand for crude oil globally, the Organisation of Petroleum Exporting Countries (OPEC) is taking solace in the fact that soaring gas prices could mitigate impact of global demand for oil products as end users switch. Further more the Organization has trimmed down its world oil demand growth forecast for 2021 while maintaining its 2022 view, Read More

Revenue generation: Transformation in lottery industry yielding results- Gbajabiamila

October 13, 2021 Bode Olagoke 0

The Director General of the National Lottery Regulatory Commission (NLRC), Lanre Gbajabiamila has said the country would soon witness a boom in lottery business as the transformation process of the industry commenced in 2017 has started yielding positive results. Speaking with newsmen in his office, Wednesday in Abuja, Gbajabiamila said the boom would lead to significant rise in the nation’s Read More

Breaking: Tyson Fury knocks out Deontay Wilder in trilogy bout, retains WBC heavyweight title (PICTURES)

October 10, 2021 Editor 0

Tyson Fury delivered a thrilling 11th-round knockout against Deontay Wilder to retain his WBC heavyweight crown as their trilogy bout produced another classic on an electric night at the T-Mobile Arena in Las Vegas. Twenty months since Fury dethroned the American, the 33-year-old had to show all his resolve and resilience to extend his undefeated professional record to 32 fights Read More

Pandora: Osun governor Oyetola denies link with London property

October 9, 2021 Lateef Ibrahim 0

Osun state governor, Adegboyega Oyetola, has denied the alleged ownership of a property in London, United Kingdom. He also denied the purported link with the owner of the property, Mr Kolawole Aluko. In a statement signed by his Chief Press Secretary, Ismail Omipidan, and made available to newsmen in Osogbo, Sayurday, Oyetola described as ‘unfounded and untrue,’ the report linking him to the Read More

How Ajulo rescued teenager sentenced to death for stealing phone

October 8, 2021 Bode Olagoke 0

An Abuja based lawyer, Dr. Kayode Ajulo, has confirmed that a Court of Appeal sitting in Ado Ekiti Judicial Division has discharged and acquitted a teenager Adeolu Bamiteko, who was sentenced to death by a High Court for stealing phone. Bamiteko with one Ayobami Ojo were arraigned in Charge No. HAD/15C/2014 before the High Court presided over by Justice J.O Read More

Titan Trust Bank: 2 years of service with power and pride

October 7, 2021 Opeyemi Dabiri 0

On October 4, 2021, one of the fastest growing financial service providers in Nigeria, Titan Trust Bank Limited, celebrated two years of its existence.  Established with a mission to take advantage of the identified gaps in the banking sector and address the unmet needs of the retail mass market, SMEs and corporates, Titan Trust Bank, has continued to provide seamless Read More

Buni’s unassuming leadership reason for massive defection into APC – Akume

October 1, 2021 Bode Olagoke 0

Minister of special duties and inter-governmental affairs, Senator George Akume, has commended the current leadership of All the Progressives Congress (APC), Caretaker and Extra-ordinary Convention Planning Committee under governor Mai Mala Buni. The former governor said Buni’s unassuming leadership has reunited the party and also responsible for the recent massive defection into the APC from opposition party. In a congratulatory Read More

Osun ministerial nominees: Alimi lied – Oyetola’s aide

September 17, 2021 Lateef Ibrahim 0

The claim by Osun State’s former Commissioner for Local and Chieftaincy Affairs, Hon. Kolapo Alimi, that Governor Adegboyega Oyetola failed to nominate his predecessor for a ministerial slot is not only untrue but also wicked, illogical and mischievous, Ismail Omipidan, Chief Press Secretary to Oyetola, has said. He was reacting to the claim by Alimi in a newspaper interview that Read More

LG congress: APC group denies irregularities in Benue chapter

September 10, 2021 Bode Olagoke 0

A group of patriotic APC members in Ado, Okpokwu and Ogbadibo Federal Constituency Benue state on the aiges of Likeminds, has frowned at a report  published by an online alleging irregularities in the last Local Government Area congress in the state The report, which quoted unknown sources, had claimed that the consensus APC Chairman for Ado Local Government Area Hon. Read More

Musa has 98 caps not 100, NFF admits

September 8, 2021 Editorial IV 0

The controversy surrounding Ahmed Musa’s Super Eagles record has been laid to rest Wednesday with the Nigeria Football Federation saying it has deferred to FIFA’s own record of 98 caps for the talismanic captain. FIFA in clear terms informed the NFF that  Musa is on 98 matches following the nullification of two of the matches he played in which should have Read More

Trade: Nigeria records N1.9trn deficit as crude oil accounts for 80.29% of exports

September 8, 2021 Blessing Anaro 0

Data release by the Nigerian Bureau for Statistics (NBS) has showed that Nigeria recorded the seventh quarterly deficit in the second quarter of 2021 at N1.87 trillion by the end of June this year. During quarter2, 2021 the total merchandise trade stood at N12.03 trillion representing 23.28 per cent increase over the value (N9.76 trillion) recorded in the first quarter Read More

FG spends N140.6bn on fish, salt importation in H1 2021 – NBS

September 8, 2021 Benjamin Umuteme 0

Data obtained from the National Bureau of Statistics have indicated that Nigeria spent the sum of N123.8 billion and N16.8 billion fish and salt importation. The NBS in its foreign trade report released on Sunday stated that fishes worth N48.28 billion was imported in the first quarter and another N75.44 billion imported in the second quarter. The types of Fishes Read More

Oyetola inaugurates 360 newly-recruited Amotekun officers

September 7, 2021 Lateef Ibrahim 0

Osun state governor, Adegboyega Oyetola, Tuesday inaugurated 360 newly-recruited officers into the State Security Network Agency ”Amotekun Corps’. This is just as he disclosed recruitment of 750 vigilantes across all local governments in the state to provide intelligence on the activities and suspicious movements of criminals in the state. The Amotekun Corps was inaugurated at the Wole Soyinka Grammar School, Ejigbo, Read More

Afreximbank records $168.9m net

September 2, 2021 David Agba 0

African Export-Import Bank (Afreximbank) has released its audited financial statements for the six months ended 30 June 2021, showing a net income of $168.9 million for the period a 12% increase over $150.75 million recorded in 2020. A statement from the bank indicates that the results, were achieved largely due to the growth in interest income and a 13% decrease Read More

Anniversary: Osun lists Akande, Adeboye, 9 others for lifetime achievement award

September 1, 2021 Lateef Ibrahim 0

As part of activities lined up to celebrate the 30th anniversary of the creation of Osun State, the government, Wednesday, listed former governor Adebisi Akande, Pastor Enoch Adeboye (General Overseer, RCCG worldwide), Sheikh Abdur’rasheed Hadiyatulla (President, Supreme Council for Sharia in Nigeria), and former Chief of Defense Staff, General Ipoola Alani Akinrinnade, rtd, for lifetime achievement award. Others in the Read More

Nigerians now borrowing money from financial institutions to feed – Investigation

August 31, 2021 Blessing Anaro 0

Investigations have revealed that more Nigerians now borrow money from financial institutions to feed their families. Small financial institutions that do not require collateral before giving out soft loans have become haven for many salary workers who rely on them to keep going before the next salary is paid. Investigations reveal that, soft loans which range between N20,000 and N100,000 Read More

Ranching: PDP condemns Umahi for secretly collecting N6bn

August 26, 2021 Amarachukwu EgwuAgha 0

The People’s Democratic Party (PDP) Ebonyi state chapter Thursday lambasted governor David Umahi for secretly collecting the sum of 6 billion naira for ranching programme in the state. Special Assistant to President Buhari, Gabar Shehu had on Wednesday night in program on channels television revealed that Ebonyi among three other state in the federation accessed 24 billion naira for ranching. Read More