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Equities market depreciates by N615bn as investors’ sentiment persist
The equities market on Tuesday extended losses for the second consecutive session, bringing the overall market capitalisation down by N615 billion as investors’ weak sentiment persisted on the Nigerian Exchange Limited (NGX). The All Share Index (ASI) decreased by 1,139.02 basis points, representing a dip of 2.26 per cent to close at 49,350.71 points. Similarly, market capitalisation lost N615 billion…
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Jonathan in Kenya to monitor presidential election
Nigeria’s former President, Goodluck Jonathan is in Nairobi on election observation mission . The former President who is in Kenya on the platform of Election Observation Mission of the Institute for Sustainable Democracy in Africa (EISA), in his Facebook post wished the people of the largest economy in East Africa a successful election. He had earlier met with former President…
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Former communication minister Shittu knocks Amosun over comment on Abiodun
…calls for sanction against former governor Kolawole Olayinka, Abeokuta Former Minister of Communication and a chieftain of the All Progressives Congress (APC), Adebayo Shittu, has called on the National Working Committee (NWC) of the party to sanction the immediate past governor of Ogun State, Senator Ibikunle Amosun for anti-party activities. Amosun had, while speaking in Abeokuta at the weekend, threatened…
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China announces new military exercises near Taiwan
China has announced more military drills in the seas and airspace around Taiwan, a day after the scheduled end of exercises launched in protest against US House Speaker Nancy Pelosi’s visit to the self-ruled island. China’s Eastern Theatre Command said on Monday that it would conduct joint drills focusing on anti-submarine and sea assault operations – confirming the fears of…
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Alake eulogises Abiodun, says he’s a promise keeper
By Kolawole Olayinka, Abeokuta Alake and paramount ruler of Egbaland, Oba Adedotun Gbadebo says the governor of Ogun State, Prince Dapo Abiodun, is a man of honour whose word is his bond. “Governor Abiodun keeps promises. Anything he tells you, believe it. He doesn’t have to sign any paper for commitment, just trust him,” the Alake said. The monarch, who spoke…
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Soludo hosts primary school teacher
Anambra State Governor Charles Soludo hosted his primary school teacher Lady (Dr) Mebirim Angela at the Anambra State Governor’s lodge on Friday. In a post on his Facebook page, Soludo said Dr. Angela taught him in primary three. He also used the opportunity to thank all his primary school teachers. “I had the rare privilege of hosting my Primary three…
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Former IGP, Tafa Balogun dies at 75
Former Inspector General of Police (IGP), Tafa Balogun is dead. He reportedly died at a Lagos hospital on Thursday. Family sources confirmed Balogun’s death to Daily Trust on Thursday evening. He became the IGP in March 2002. Born on August 8, 1947 at Ila-Orangun in Osun State, Tafa Balogun, was the 21st Inspector-General of Police. He was a member of…
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Equities market deprecates by 0.03%
The stock market of the Nigerian Exchange Limited (NGX) on Thursday extended losses for the second consecutive session as the All-Share Index (ASI) closed 0.03 per cent lower. Nonetheless, the index remains on track for its first weekly gain in three weeks. As a result, the All Share Index decreased by 12.67 basis points, representing a dip of 0.03 per…
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Makinde, Minister of Trade launch new ride-hailing service in Ibadan
Governor ‘Seyi Makinde and the Minister of Industry, Trades and Investment, Otunba Adeniyi Adebayo on Thursday launched a new ride-hailing service in Ibadan, the Oyo State capital. Codenamed: ‘AFRICAR’, the ride-hailing service was launched with over 115 vehicles. Speaking at the event, Governor Makinde appreciated AFRICAR, noting that choosing Ibadan as its first base in ride-hailing service, attests to the…
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Ogbonnaya Onu denies endorsing Peter Obi for president
Former Minister of Science and Technology, Ogbonnaya Onu has denied endorsing the presidential candidate of the Labour Party, Peter Obi for president. In a statement he personally signed, Onu said news going round that he had given his support to the former Anambra State governor is false. According to him, he has never had any reason to leave one party…
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