—Records 0.70% Gain WoW Equities market closed today on a positive note, as NSEASI appreciated by +0.01% to close at 32,766.37 basis points as against -0.61% depreciation recorded previously. Its Year-to-Date (YTD) returns currently stands at -14.32%. Market breadth closed flat as CCNN led 22 Gainers as against 22 Losers topped by UACN at the […]
ExxonMobil says it is partnering with National Basket Ball Association (NBA) and other partners on `Power Forward Project’ to ensure youth development in Nigeria and Africa at large. Mr Nigel Cookey-Gam, Government and Business Relations Manager of ExxonMobil, at the Finals of the fifth round of the project in Abuja on Friday, said youth and […]
A Chinese contractor building a railway in Nigeria got into hot water this week when a local man put forward as an “engineer” could not answer basic questions asked by a senior government official, and nearly got arrested. Nigerian transport minister Rotimi Amaechi (Wikimedia Commons) The awkward scene unfolded yesterday when a team lead by […]
Mr Arinze Awogu, Chairman, of Ogbaru Local Government Area, on Friday, said death toll in the flood ravaging Obolo village in Ogwuanicha, Anambra, had risen to four. Awogu told the News Agency of Nigeria (NAN) that the latest was Chief Ojike Ajanwu, a father of nine children, drowned in the flood that submerged houses and […]
The ongoing nationwide strike over the national minimum wage took a toll on the operations of Arik Air and Air Peace on Friday as the Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC) on Friday laid siege to the general aviation terminal at the domestic wing of the Murtala Muhammed Airport, Lagos and […]
The ongoing strike by organised labour to press home their demand for the implementation of a new minimum wage may take a worse toll as hospitals are expected to shut down following a directive by the Medical and Health Workers Union of Nigeria (MHWUN) to their members to join the strike. Meanwhile, LEADERSHIP Friday observed […]
Supply disruptions and the lag time associated with OPEC’s ability to increase production could send oil prices to $100 a barrel, but this isn’t good news for the economy and the oil industry, Total’s chief executive Patrick Pouyanne told Bloomberg in an interview. Disruptions in supply coming from Iran, Venezuela, and Libya give strong support […]
Nigeria’s aviation sector recorded 16, 880 scheduled flight delays through the domestic airlines between January and June this year according to the Nigerian Civil Aviation Authority (NCAA). This is coming as 2,443 flight delays through the international airline operations in the country within the same period. This is just as five airlines, many flight crews […]
Nigerian authorities say the death toll from large-scale flooding in recent weeks has jumped to nearly 200 people. The National Emergency Management Agency said Thursday the toll is up from the 100 reported last week. It says more than 1,000 other people have been injured, with more than 800,000 affected overall since late August. The […]
-Nigeria Not On the List The US First Lady Melania Trump said she will be visiting Ghana, Malawi, Kenya and Egypt on her solo tour of the continent in October. She called them “four beautiful and very different countries” when talking about the details at a meeting on the sidelines of the UN General Assembly. […]