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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.
Embark on a gastronomic journey as we explore the vibrant dining scene of Abuja, the Federal Capital Territory of Nigeria. From cozy cafes to fine dining establishments, we will discover the top restaurants where you can indulge in delectable delights that will satisfy your appetite. With a blend of local and international cuisines, Abuja offers a diverse culinary experience that caters to every taste. Whether you're a food enthusiast or simply looking for a great place to dine, these restaurants in Abuja will leave you coming back for more.
The Confluence University of Science and Technology (CUSTECH) is in shock after the untimely death of Femi Adegboye, a Mathematics and Statistics lecturer, in a tragic hit-and-run incident. This devastating event has prompted discussions about road safety and responsible driving. As the academic community mourns the loss of their esteemed colleague, they demand justice and hope for a thorough investigation.
Edo State Governor, Mr. Godwin Obaseki, has met with private school operators to seek their support in improving the quality of education and enhancing learning outcomes. Associations like APSON, AFED, and NAPPS were present at the meeting. The government aims to provide a conducive business environment for private schools and ensure access to inclusive and quality education. Private school operators have pledged to cooperate and submit a list of their members to the Directorate of Quality Assurance before September 15, 2023.
Nigeria's recent repeal of the 1988 Arbitration and Conciliation Act and introduction of the 2023 Arbitration and Mediation Act have brought significant changes to the country's legislative framework, enhancing its position as an arbitration hub in Africa. This article explores the criticisms of the previous act and highlights notable changes introduced by the new act, including the option of an Award Review Tribunal, recognition of third party funding, and provisions for consolidation of proceedings.
The National Assembly Election Petition Tribunal sitting in Asaba, Delta State, has ordered a rerun in 48 polling units in the Delta Central Senatorial District. The order comes as a result of a petition filed by the senatorial candidate of the PDP, Chief Ighoyota Amori, alleging that the election did not meet electoral act and constitutional requirements. The tribunal dismissed some prayers in the petition but found that the senator failed to disprove the allegations of electoral malpractices.
Consummate Traders, a leading proprietary trading firm, has unveiled its new two-stage evaluation process aimed at attracting and nurturing the best trading talents in the industry. The comprehensive assessment focuses on performance metrics, risk management, and consistent trading practices. Successful traders will have the opportunity to manage the firm's capital while benefitting from educational resources and cutting-edge statistical tools. The process is characterized by fairness, transparency, and a partnership with respected broker Kwakol Markets.
Consummate Traders, a leading proprietary trading firm, has unveiled its new two-stage evaluation process, which aims to attract and nurture top trading talents. This transparent methodology highlights the firm's commitment to excellence in the industry.
Governor Bassey Otu of Cross River State has imposed a dusk-to-dawn curfew on four communities in Yala Local Government Area due to rising violence and property destruction resulting from land and boundary disputes. The curfew aims to restore peace and stability in the affected areas, while the government also focuses on providing immediate relief efforts and addressing the humanitarian aspect of the crisis.
The Christian community in Kaduna, Nigeria, has reported that 23 pastors have been killed and 200 churches destroyed by bandits over the past four years. As the police commissioner and Christian leaders come together to address the issue of insecurity, they emphasize the importance of unity and information sharing to combat criminal activities. The Christian Association of Nigeria (CAN) urges the government to take action in bringing the culprits to justice and restoring confidence among the people.
Discover the latest data on the population of Nigeria by state. Nigeria stands as the most populous country in Africa, with over 250 distinct ethnic groups and languages. With a population of approximately 224 million, Nigeria spreads its diversity across its 36 states. Explore the demographic distribution and learn more about the vibrant and diverse cities that make up this West African nation.
The Governor of Kano State, Engr. Abba Kabir Yusuf, has ordered the immediate suspension of the Managing Director of Kano Agricultural Supply Company, Dr. Tukur Dayyabu Minjibir. The suspension is a result of alleged involvement in the inappropriate sale of grains belonging to the Kano State Government. The governor has directed the MD to hand over the affairs of the company to the most senior officer while further investigations are conducted.
Abia State Governor, Dr. Alex Otti, has directed immediate restoration of power supply to all government offices and facilities in the state. Governor Otti issued the directive after being briefed by the State Commissioner for Health, Dr. Ngozi Okoronkwo, on the challenges faced by her ministry. The Governor expressed concern over government offices and facilities being left without electricity and vowed to tackle the issue promptly.
Kidnappers who abducted eight Akwa Ibom State graduates have demanded an additional N200 million ransom after receiving N13 million from their families. With the victims spending 26 days in captivity and their health conditions deteriorating, the families are in distress and receiving little to no government assistance. Despite resorting to prayers and fasting, the families face an overwhelming emotional and financial burden as they try to raise the demanded amount. The situation has sparked public outrage, highlighting the government's failure to protect its citizens. Security agencies and the police command's efforts for the victims' rescue remain uncertain.
An analysis of the court order that has prevented the PDP from suspending Nyesom Wike, despite his alleged anti-party activities.
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