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The Nigerian Exchange (NGX) rebounded from its recent bearish trend, as equities surged and market capitalization saw a significant gain. This positive turnaround was led by Transcorp and NASCON. The All-Share Index (ASI) closed 0.93% higher, while the market capitalization rose by N339 billion. DANGOTE SUGAR, NASCON, and NAHCO were among the top gainers, while COURTVILLE, ABC TRANSPORT, and TANTALIZER experienced losses. Despite lower trading activity in terms of volume, OANDO emerged as the most traded equity. ZENITH BANK and GTCO performed well, while BUA CEMENT, BUA FOODS, SEPLAT ENERGY, MTN NIGERIA, DANGOTE CEMENT, and AIRTEL AFRICA remained unchanged.
The Ahmed Bola Tinubu administration in Nigeria is prioritizing domestic health financing, industrialization, and improved health outcomes. Vice President Kashim Shettima reaffirms the administration's commitment to repositioning Nigeria's healthcare system, emphasizing the importance of increased domestic financing for health and promoting health industrialization. Global Health Partners, including the Global Fund, US President's Malaria Initiative (PMI), and the US President's Emergency Plan For AIDS Relief (PEPFAR), express their support and commitment to working with the Tinubu administration towards these goals. The visit coincides with the commemoration of the US government's 20 years of support to Nigeria's fight against HIV/AIDS through the PEPFAR initiative.
Boeing projects that intra-African passenger traffic will quadruple in the next 20 years. African carriers are well-positioned to support this growth, and Boeing forecasts an increase in the average aircraft size and seats per aircraft. The recovery of African aviation traffic in 2023, combined with long-term economic growth and initiatives like the African Continental Free Trade Area, will drive the continent's air traffic demand.
With the upcoming Supreme Court case challenging President Bola Tinubu's electoral victory, Prophet Kingsley Okwuwe predicts success for Peter Obi. In a recent prophecy, Okwuwe urges supporters to continue praying and shows confidence that Obi will triumph in the end.
The Nigeria Data Protection Commission (NDPC) and the Committee of Vice Chancellors of Nigerian Universities (CVCNU) have agreed to collaborate in order to ensure the protection of students' data within higher educational institutions. This partnership aims to address the potential risks associated with data exposure and mismanagement in the education sector, emphasizing the need for proper handling and compliance with data protection regulations. Capacity building and training programs for vice chancellors and data officers are expected to be organized to enhance data protection practices in Nigerian universities.
The Nigeria Data Protection Commission (NDPC) and the Committee of Vice Chancellors of Nigerian Universities (CVCNU) have agreed to collaborate in safeguarding students' data in higher institutions. With the increasing exposure of personal information in the education sector, the partnership aims to enhance data protection measures and ensure compliance with the Nigeria Data Protection Act (NDPA) 2023. The joint efforts will involve capacity building workshops for vice chancellors and data officers, as well as the development of guidelines to secure students' information effectively.
NEMA has issued a warning about the possibility of flooding in 13 states and 50 communities due to heavy rainfall. The alert covers a specified period of time, and residents are advised to take necessary precautions to ensure their safety. The article expands on the details, highlighting the potential risks and emphasizing the importance of preparedness.
Nigeria's Vice President, Kashim Shettima, reaffirmed the government's dedication to increasing domestic health financing, promoting health industrialisation, and enhancing health outcomes in the country. The pledge was made during a visit by global health partners, including the Global Fund, US President's Malaria Initiative, and PEPFAR. This commitment demonstrates Nigeria's determination to reshape its healthcare system for the better, aiming for inclusive growth and a nation where all citizens can take pride.
Governor of Enugu State, Dr. Peter Mbah, has restated his administration's determination to bring back the Institute of Management and Technology (IMT), Enugu to its previous state of excellence. The Governor received the report of the Committee of Inquiry into the Accounts, Management Practices and Staff Conduct in the institute, which will serve as a foundation for planned reforms in the institution and across all educational levels in the state.
Vice President Kashim Shettima has announced that the Bola Tinubu administration in Nigeria will prioritize domestic health financing, industrialization, and improved health outcomes. The commitment was restated during a meeting with representatives from Global Health Partners, where Shettima emphasized the administration's determination to change the narrative of inclusive growth in a Nigeria where all citizens can be proud.
The Nigerian Exchange (NGX) closed in negative territory after equities fell by N294 billion due to the FTSE Russell downgrade of the Nigerian Stock Exchange. The downgrade prompted immediate selloffs, resulting in a plunge in equities. The All-Share Index (ASI) traded 0.80% lower, and the market capitalization of equities saw a loss of N294 billion. Several stocks experienced mixed trading sessions, with tier 1 banks recording negative sessions.
The mining industry in Congo, which plays a crucial role in the production of minerals used in electric vehicle batteries and other green technologies, has been marred by severe human rights abuses. An Amnesty International report, along with another rights group, has shed light on forced evictions, physical assault, and other violations that miners and local communities have endured in pursuit of cobalt and copper. This article delves into these disturbing revelations and the urgent need for accountability and change within the mining sector.
Enugu State Governor, Dr. Peter Mbah, has reiterated his commitment to reviving the Institute of Management and Technology (IMT), Enugu. The Governor received the report of the Committee of Inquiry into the Accounts, Management Practices, and Staff Conduct in the institute. The report will serve as a pillar for planned reforms in the institution and education sector statewide.
Governor of Enugu State, Dr. Peter Mbah, has expressed his determination to revitalize the Institute of Management and Technology (IMT), Enugu. In a bid to restore the institution to its former glory, the government has received the report of the Committee of Inquiry into the Accounts, Management Practices, and Staff Conduct in IMT. This report will serve as a foundation for planned reforms not only in IMT but across all levels of education in Enugu State.
The National and State House of Assembly Election Petition Tribunal in Kano has sacked Dankawu Idris, a federal lawmaker representing Kumbotso constituency, for forging his secondary school certificate. The tribunal ruled in favor of Mannir Danagundi of the All Progressives Congress (APC), declaring him the rightful winner of the election. This is the second case of a NNPP lawmaker being unseated due to certificate forgery.
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