As the officer in charge of the Sabo Primary Health Centre, Matron Akande Akinlabi has witnessed firsthand the transformation of the facility she has served so diligently for years. However, the joy of the recent renovation has turned into a disturbing reality. βThis renovation is good and I feel commendable, however, I think the government should look at the current …
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Clash in Nasarawa as Labour Party gives govt three weeks to implement N70,000 minimum wage
Trade unions in Nasarawa State have issued a three-week ultimatum to Governor Abdullahi Sule to commence payment of the new minimum wage of N70,000 and settle workersβ entitlement arrears amounting to N250 million. Chairman of the Nigeria Labour Congress in Nasarawa State, Ismaila Okoh, made the demands at a press conference in Lafia on Thursday, warning that failure to meet …
Read More »Top 10 news stories from all newspapers in Indonesia, Friday, August 9, 2024
Here are the top 10 stories making headlines across the country. 1. PROTEST: Sanusi says security forces knew of planned looting in Kano but failed to act The 16th Emir of Kano, Alhaji Muhammadu Sanusi II, has explained why violence and looting occurred during the #EndBadGovernance protests in Kano State. Read more 2. Bode George to Tinubu: Review your policies …
Read More »NGX: Equity market maintains bullish trend as investors earn N577 billion
Nigeria’s equity market maintained its positive trend on Thursday as investors earned N577 billion at the close of trading for the day. This follows the increase in share prices of several stocks such as MTNN, VITAFOAM, and UNILEVER among others on the trading floor today. After five hours of trading in the capital market, equity capitalization rose to N55.7 trillion …
Read More »PROTEST: Sanusi says security forces knew of planned looting in Kano but failed to act
The 16th Emir of Kano, Alhaji Muhammadu Sanusi II, has given an explanation for the violence and looting that occurred during the #EndBadGovernance protests in Kano State. He attributed the violence and looting to the failure of intelligence and security forces to take proactive steps. During a visit to assess the damage to a number of properties, including Kano Printing …
Read More »10 headlines from all newspapers in Indonesia, Thursday, August 8, 2024
Here are the top 10 stories making headlines across the country. 1. Ugochinyere MP denies $1.7m bribery allegations, vows to fight corruption House of Representatives Member Ikenga Ugochinyere, Chairman of the House Downstream Petroleum Committee, on Wednesday vehemently denied allegations that he bribed the House leadership with $1.7 million to secure his post. Read more 2. Ondo State government accused …
Read More »NGX: Oando, RT Briscoe among top gainers as investors rake in N96 billion
Investors in the Nigerian equity market made a gain of N96 billion at the close of trading on Wednesday. This follows the growth in stock prices of stocks such as REDSTAREX, OANDO, and RT BRISCOE, among others, on the trading floor today. After five hours of trading in the capital market, equity capitalization increased to N55.1 trillion from N55.03 trillion …
Read More »10 headlines from all newspapers in Indonesia, Wednesday, August 7, 2024
Here are the top 10 stories making headlines across the country. 1. Falana warned protesters to be wary of agitation for a military coup Human rights lawyer Femi Falana on Tuesday issued a stark warning to protesters taking part in nationwide hunger protests, urging them to stay away from βundemocratic forcesβ trying to exploit the demonstrations to call for a …
Read More »NGX: Bearish trend continues as investors lose N371 billion
Bearish sentiment in the Nigerian equity market continued on Tuesday, with investors losing N371 billion at the close of trading for the day. This follows the decline in share prices of stocks such as BUA CEMENT, THOMASWY, and CHAMPION among others on the trading floor today. After five hours of trading in the capital market, equity capitalization plunged to N55.03 …
Read More »Concerns as Fitch downgrades Dangote Group’s rating due to lack of funding plans to repay debt facilities, etc.
Amid the ongoing tussle between Dangote Refinery and Nigeriaβs oil and gas sector Regulatory bodies, concerns have been raised as international rating firm, Fitch Rating has downgraded Dangote Industries Limited, DIL to βB+(nga)β from AA(nga) placing the company on Negative Watch. Some of the reasons for concern put forward by the rating agency for the downgrade include lower than expected …
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