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2021

Новости за 23.08.2021

Bread price hike looms as bakers decry flour cost

The Punch 

Bakers in the country have lamented the increasing rates of flour, saying they may double the price of loaves. The President of the Bakers Association of Nigeria, Daud Suleiman, said there was no basis for the continuous increase in the price of flour. Suleiman who spoke to our correspondent on the side-lines of a stakeholders’…

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Repentant terrorists not in IDP camp – Army

The Punch 

THE Nigerian Army has denied keeping repentant Boko Haram terrorists in the same camps with Internally Displaced Persons. There are speculations that the surrendering terrorists are in the same facilities with the IDPs. But, the Director of Army Public Relations, Nwachukwu Onyema, in an interview with our correspondent on Sunday, said the repentant insurgents were…

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NARTO, Dangote refinery to partner on product distribution

The Punch 

Dangote Refinery has said that it will be partnering with the Nigerian Association of Road Transport Owners to distribute petroleum products from the refinery across the country. A statement from Dangote Industries Limited on Sunday said that members of the association paid a visit to the refinery in Ibeju-Lekki during which they toured the facility…

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Fintechs can transform capital market, says NGX

The Punch 

The Chief Executive Officer of the Nigerian Exchange Limited, Mr Temi Popoola, has said financial technology companies have a huge potential to transform the capital markets and effectively build a digital economy. He said this at the 2021 National Workshop of the Chartered Institute of Stockbrokers where he was represented by the Divisional Head, Trading…

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We’ll work with LG chairmen to maintain drains – Govt

The Punch 

The Lagos State Government has said it plans to work with local government chairmen for effective maintenance of tertiary drainage channels in councils. According to a statement on Sunday, the Commissioner for the Environment and Water Resources, Tunji Bello, stated this during a three-day management retreat in Lekki. Bello said the retreat was organised by…

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Children in CAR, Nigeria face worst climate risks – UNICEF

The Punch 

The United Nations Children’s Fund has ranked Nigeria and Chad the second worst countries where children are at the most risk of climate change. UNICEF in a report titled ‘Children’s climate risk index’ used data to generate new global evidence on how many children were currently exposed to climate and environmental hazards, shocks and stresses….

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ASUU asks FG to secure UNIJOS against killings

The Punch 

The Academic Staff Union of Universities has advised the Federal Government to secure the University of Jos against killing of its staff and students before the reopening of the school. The union said this in a statement on Sunday following a security breach in Jos and other parts of Plateau State, leading to the killing…

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Stock market reverses gains, posts N21bn weekly loss

The Punch 

Investors in the Nigerian equities market lost N20.05bn last week as stocks reversed some of their recent gains. The Nigerian Exchange Limited All-Share Index declined by 0.10 per cent week-on-week to 39,483.08 basis points from the 39,522bps the previous week. The market capitalisation of equities dropped from N20.59tn to close at N20.57tn on Friday. A…

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Unity Bank rewards corps members with N10m

The Punch 

Unity Bank Plc has announced that 30 members of the National Youth Service Corps have won cash prizes and business grants up to N10m from its entrepreneurship challenge. The competition, called Corpreneurship Challenge, rewards NYSC members with promising business plans submitted as part of requirements for the grants. A statement from Unity Bank said the…

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‘Model college fees review due to economic realities’

The Punch 

The Lagos State Ministry of Education on Sunday appealed to parents of the state model college students to accept the upward review of the boarding fees, saying it was due to economic realities. The Commissioner for Education, Mrs Folasade Adefisayo, said in a statement on Monday, while addressing the concern of the parents on the…

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Lyon agree to sign Shaqiri from Liverpool

The Punch 

Lyon said on Sunday that they had reached an agreement to sign Swiss international midfielder Xherdan Shaqiri from Liverpool. The player was due to arrive in Lyon on Sunday night to undergo a medical to complete his 11 million euro (£9.45m; $12.85m) transfer. Shaqiri, 29, has 96 Swiss caps and was part of the team…

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Omomeewa’s death: NANS gives Sanwo-Olu three-day ultimatum to meet five demands

The Punch 

The National Association of Nigerian Students has asked Governor Babajide Sanwo-Olu to probe the death of a student activist at the Lagos State University, Nurudeen Alowonle, popularly called Omomeewa. The student body, which also made four other demands, gave the governor a three-day ultimatum to meet the requests. If the governor and state governor fail…

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