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Equities market down by 0.05% to maintain down trend
The equities market segment of the Nigerian Exchange Limited (NGX) on Monday opened the week extending its losing streak for the seventh consecutive session as investors’ stock declined by 0.05per cent. The NGX All Share Index (ASI) decreased by 29.35 basis points or 0.05 per cent to close at 54,886.04 basis points as the market capitalisation lost N16 billion to…
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Afenifere leader, Fasoranti, endorses Sanwo-Olu for second term
National leader of the apex Yoruba socio-cultural group, Afenifere, Chief Reuben Fasoranti, has endorsed the re-election bid of Lagos State Governor, Mr. Babajide Sanwo-Olu, urging the electorate in the State to queue behind the All Progressives Congress (APC) candidate in order to consolidate on the achievements recorded in the in Lagos. Lagos, the Afenifere leader in a press statement said,…
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Opinion: Clarion callto Lagosians to return Sanwo-Olu back to office, By Kola Amzat
Governance at all levels is a very serious business. Indeed, governance is a sensitive enterprise that people shouldn’t aspire to be involved, if their leadership capacity and effectiveness is suspect. It’s a one human endeavor that requires everything from those who are aspiring to be involved-resourcefulness, hard-work, probity & accountability, decisiveness, steadfastness, emotional and psychologically stability and of course, being…
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Former UK PM, Boris Johnson, set to deliver Anyiam-Osigwe lecture
Former UK Prime Minister and Member of Parliament, Boris Johnson, will address the 16th session of the Osigwe Anyiam-Osigwe annual lecture series. The former UK leader will address the august gathering in Lagos on March 27, 2023 coming after the last edition that was addressed by the President of the Federal Republic of Nigeria, Muhammadu Buhari While announcing the 2023 event, Acting Coordinator-General of Osigwe…
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Obasa stops political walk over Lagos train accident
Speaker of the Lagos State House of Assembly, Rt (Hon) Mudashiru Obasa, on Thursday suspended a political walk across Agege following a train accident that happened in the Ikeja area of the state earlier in the day. The Speaker met the thousands of youth, men and women as they walked towards the Pen Cinema area of Agege on his way…
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Afenifere’s endorsement of Labour Party governorship candidate, a charade-Lagos APC
All Progressives Congress (APC), Lagos chapter, has described the endorsement of the governorship candidate of the Labour Party (LP), Gbadebo Rhodes-Vivour, by the Yoruba socio-cultural group, Afenifere as a ‘charade’. APC, in a statement issued on Thursday by its state Publicity Secretary, Mr. Seye Oladejo, stated that the endorsement was done by ‘attention seeking and politically irrelevant group of people’,…
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Seplat Energy refutes racism allegations against its CEO
Seplat Energy Plc on Wednesday denied racism allegations made against its Chief Executive Officer, Mr. Roger Brown. The company in a statement on the Nigerian Exchange Limited (NGX) claimed that the allegations were orchestrated and clearly calculated to spread false information. A report revealed that the Nigerian government had revoked the work permit, Visa and Residence Permit of the…
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UPDATE: Two die as train crushes BRT bus in Lagos
A passenger train on Thursday crushed a Lagos State government owned BRT staff bus at PWD junction, Ikeja. The train was coming from Agege and met the BRT vehicle with the Lagos State government workers on board crossing the rail to link Ikeja GRA. Permanent Secretary Lagos State Emergency Management Authority (LASEMA), Dr Olufemi Oke-Osanyintolu, confirmed that two people died…
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Thugs attack voters at Ebute Metta
Voters at a polling unit at the junction of Falodun Street/Irepodun Street, Makoko/Ebute Metta Area of Lagos Mainland have allegedly been attacked by some thugs. The thugs, it was learnt, threatened to harm and kill anyone who did not vote a particular political party. One of the voters in the area told journalists that her phone was snatched to see what…
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Equities market adds N6bn in market cap as 20 stocks appreciate
The equities market of the Nigerian Exchange Limited (NGX) on Wednesday closed higher as the capitalisation gained N6 billion. Consequently, the NGX All Share Index (ASI) rose by 11.35 basis points or 0.02 per cent to close at 54,507.66 basis points. Accordingly, investors gained N6 billion in value as market capitalisation went up to N29.689 trillion. Market breadth closed positive…
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