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The Nigerian Exchange Limited (NGX) has expressed its eagerness to collaborate with the Lagos Chamber of Commerce and Industry (LCCI) in advancing advocacy efforts, encouraging listings, and enhancing capacity development. NGX aims to leverage technology to increase retail investor participation and build a globally competitive platform for issuers and investors.
The Lagos State Chapter of the Association of Tourist Boat Operators and Water Transporters (ATBOWATON) has revealed plans to empower its members in response to the removal of fuel subsidies by the Nigerian government. The association aims to overhaul its operational strategies by implementing a "one zone, one project" agenda. The decisions were made during an emergency meeting called by the association's national leaders amid concerns over double taxation and the need for reconciliation among members. Chairman of ATBOWATON Lagos, Engr. Babatunde Lawal, expressed disappointment that the association had not benefitted from its efforts to promote water transportation. Lawal also addressed the proposed formation of another union of boat operators, stating that the members had rejected the idea.
The Nigeria Athletes Commission (NAC) has called on the Minister of Sports, Senator John Enoh, to prioritize the welfare of athletes and the upgrade of sports facilities across the country. The commission emphasized that improved welfare packages and state-of-the-art facilities would have a positive impact on the performance of Nigeria athletes in international competitions.
The Edo State Governor, Mr. Godwin Obaseki, has donated 150 motorcycles and 18 Sienna buses to the Edo State Security Vigilante Network (ESSVN). The donation aims to enhance the operations of the group in providing security to the people of Edo State. The Governor expressed the importance of these vehicles in accessing remote areas and ensuring the safety of the citizens. The ESSVN coordinator thanked the Governor and emphasized their commitment to reducing crimes and criminality in the state.
Edo State Governor, Mr. Godwin Obaseki, has donated 150 motorcycles to members of Edo State Security Vigilante Network (ESSVN) to boost their operations in ensuring the security of lives and properties across the state. The motorcycles will enable them to access remote areas and provide security for the people of Edo State.
The Governor of Edo State, Mr. Godwin Obaseki, has made a significant donation of 150 motorcycles to the Edo State Security Vigilante Network (ESSVN). The motorcycles will enhance the group's operations in providing security to the people of Edo State, particularly in remote areas. In addition, the Edo State Chapter of the Association of Local Government of Nigeria (ALGON) also donated 18 sienna buses to further bolster the security efforts.
The Bayelsa State Coordinator of the Labour Party Presidential Campaign, Comrade Morris Alagoa, has thrown his support behind Peoples Democratic Party (PDP) Governor Douye Diri in the upcoming November 11 governorship election. Alagoa, who previously supported the Labour Party candidate, Udengs Eradiri, made the decision after considering Governor Diri's ability to continue the progress made in Bayelsa state. Although acknowledging that Diri is not perfect, Alagoa believes he is the best candidate to avoid an empty treasury and ensure the completion of important road projects in Bayelsa.
The Nigerian Meteorological Agency (NiMet) has obtained recertification from the International Standard Organization (ISO) for its aeronautical meteorological services and capacity building. This certification underscores the agency's commitment to delivering high-quality products and services. NiMet is spearheading the adoption of quality management systems and safety management systems across all its operations in Nigeria.
Briclinks Africa Plc, a prospective telecommunications firm, has unveiled its ambitious plans to attract one million subscribers in the next four years. The company aims to achieve this goal by leveraging voice calls and mobile internet services. Briclinks Africa Plc also intends to hit the stock market to increase its share capital base, while considering loan facilities for its mobile virtual network operator license. With a focus on providing fast and affordable mobile internet services, the company aims to become a sought-after brand in the industry.
The Yobe State Government, through the State Emergency Management Agency (SEMA), has started the distribution of food items to vulnerable citizens in the state. The distribution, which includes rice and maize, aims to alleviate the sufferings of the people in light of the subsidy removal. Over 6,800 beneficiaries across various categories will benefit from the palliatives.
The Lagos State Government is dedicated to making affordable housing accessible to the less privileged in the state. Efforts are underway to provide housing for workers through the Workers' Village initiative. The government has completed several housing schemes and is nearing completion on others. They are also working on a financial mechanism called the Lagos Affordable Housing Development Trust Fund to reduce financial barriers to home ownership. The goal is to ensure that these interventions have a positive impact on the lives of the people of Lagos State.
In a bid to ensure equitable access to health services and achieve Universal Health Coverage (UHC), Pathfinder International, Nigeria and other stakeholders have called for the adoption of self-care. Self-care aligns with the goals of UHC and allows individuals, families, and communities to take charge of their own health. The media has been urged to create awareness and advocate for self-care interventions to reduce overdependence and overstretch of health facilities.
The Benue State Football Association (BAFA) has decided to stay out of the leadership crisis surrounding Lobi Stars, the state-owned NPFL club. The association has clarified that its focus is solely on the development of football in the state and it will not interfere in the internal affairs of any club. BAFA Chairman, Barrister Paul Edeh, has called for patience and restraint from all stakeholders, assuring that a decision regarding Lobi Stars will be made by the current administration at the appropriate time.
The Nigerian Exchange Limited (NGX) sustained gains at the end of yesterday's trading session, reaching a 15-year high. This was largely due to the increase in Dangote Sugar Refinery (DSR) shares, along with gains in several other stocks. The market capitalisation of listed equities rose by N186 billion, while the All-Share Index (ASI) increased by 0.5%. Market breadth closed positive, with 34 stocks gaining and 32 decliners.
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