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Akeredolu swears-in new CJ, 4 high court judges
…inaugurates members of Ondo Judicial Service Commission Ondo State Governor, Arakunrin Oluwarotimi Akeredolu, has sworn-in Hon. Justice Ayedun Olusegun Odusola as the 12th Chief Judge of the state. Hon. Justice Odusola had served as the Acting Chief Judge until his recommendation by the National Judicial Council (NJC) and subsequent appointment by the governor and approval by the state House of…
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Equities market appreciates by N44bn on last trading day in January
Closing the first month of the year, the equites market of the Nigerian Exchange Limited (NGX) on Tuesday closed higher as the capitalisation gained N44 billion. Consequently, the NGX All Share Index (ASI) rose by 80.84 basis points or 0.15 per cent to close at 53,238.67 basis points. Accordingly, investors gained N44 billion in value as market capitalisation went up…
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Fuel Scarcity: Buhari sets up committee to tackle supply, distribution of petroleum products
President Muhammadu Buhari has approved the constitution of a 14-man steering committee on petroleum products supply and distribution management. The steering committee will be chaired by the President and the Minister of State for Petroleum Resource Timipre Sylva as the alternate chairman. Sylva, in a statement by his media aide, Horatius Egua, said the committee would, among other things, ensure…
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Obi’s presidency, recipe for disaster in Nigeria – Saraki
Former Senate President Bukola Saraki says a Peter Obi presidency is a recipe for disaster for the country. Saraki was speaking while appearing on Arise TV on Monday. According to him, even if the Labour Party wins the presidential election, it does not have the national spread to run the government. He said lacking enough members in the National Assembly,…
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Market cap appreciates by N257bn
The stock market of the Nigerian Exchange Limited (NGX) on Monday opened the week positive as the capitalisation advanced by N257 billion. The All Share Index (ASI) rose by 470.74 points, representing an increase of 0.92 per cent to close at 51,693.08 points. While the overall market capitalisation value gained N257 billion to close at N28.156 trillion. The upturn was…
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Equities market depreciates by N15.64bn in 2023 first trading week
The equities market of the Nigerian Exchange Limited (NGX) dropped by N15.64billion in the first trading week in 2023 as investors weak sentiment rock large and middle capitalised stocks. The market capitalisation dropped to N27.899 trillion from N27.915trillion it closed for trading in 2022, representing a decline of N15.64 billion. Consequently, the NGX All-Share Index went down by 0.06 per…
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2023 is our year, Tinubu presents best vision to future, APC tells Nigerians
The Presidential Campaign Council of the All Progressives Congress (APC PCC) says its presidential candidate, Asiwaju Bola Tinubu presents the best opportunity for a better future for the country. This was contained in a statement by the Director of Media and Publicity of the PCC, Bayo Onanuga. According to him, Tinubu is the only candidate who can build on the…
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Dangote refinery awards scholarship to 460 students in host communities
As part of its Corporate Social Responsibility (CSR) programmes, Dangote Petroleum Refinery and Dangote Fertiliser Limited has awarded scholarships to 460 students of secondary schools and tertiary institutions from its host communities in Ibeju Lekki, Lagos State. The company said the scholarship had become an annual event meant to contribute to the educational development of the people and position them…
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Ogun NUJ mourns as Ojoye, publisher of The Digest Magazine dies at 62
By Kolawole Olayinka, Abeokuta Publisher of The Digest Magazine, Prince Henry Ojoye is dead. Ojoye reportedly died on Monday at the age of 62. In its reaction, the Ogun State Council of the Nigeria Union of Journalists (NUJ) described the demise of the erudite journalist as a great loss to the profession.In a statement on Tuesday, Secretary of the union…
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Akeredolu signs N276bn 2023 budget into law
…says administration ó zzz n right track Ondo State Governor, Rotimi Akeredolu, on Wednesday, signed the 2023 appropriation bill into law. Governor Akeredolu had on December 5, presented a budget proposal of N272.736 billion to the state House of Assembly for approval and passage. The lawmakers, however, passed a total budget of N275,979,184,000.00. The Appropriation Committee of the House, led…
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