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China tech giant Xiaomi dives 11% after US blacklisting

China tech giant Xiaomi dives 11% after US blacklisting

Shares in Chinese technology giant Xiaomi collapsed more than 11 per cent in Hong Kong trade Friday after the US put it on a blacklist banning Americans from investing in it, as the Trump administration ramps up its battle with Beijing. The company, one of the world’s biggest smartphone makers and considered China’s answer to […]

North Korea shows off new submarine-launched missile at parade

North Korea shows off new submarine-launched missile at parade

Nuclear-armed North Korea unveiled a new submarine-launched ballistic missile at a military parade in Pyongyang, state media reported Friday, in a show of strength days before Joe Biden’s inauguration as US president. The display came after the five-yearly congress of the ruling Workers’ Party, where leader Kim Jong Un decried the US as his country’s […]

Fashola reassures public on speedy completion of Third Mainland Bridge, Feb 15 reopening

Fashola reassures public on speedy completion of Third Mainland Bridge, Feb 15 reopening

The Minister of Works and Housing, Mr Babatunde Fashola on Thursday reaffirmed the Federal Government’s commitment to the speedy completion and reopening of the Third Mainland Bridge to traffic on Feb. 15. Fashola during an inspection of the bridge assessed ongoing construction work as well as the planned diversion shifts on the bridge which will […]

Insecurity: Buhari has failed woefully ― Junaid

Insecurity: Buhari has failed woefully ― Junaid

By Bashir Bello – Kano The second Republic lawmaker, Dr Muhammad Junaid, says the administration under President Muhammadu Buhari has failed woefully. According to him, “As regards the statement made by the President concerning security in the country generally and northeast, I think President Muhammadu Buhari is been economical with the truth. “First, I believe […]

We received over 580,000 COVID-19 related phone calls in nine months — NCDC

We received over 580,000 COVID-19 related phone calls in nine months — NCDC

By Luminous Jannamike, Abuja The Nigeria Centre for Disease Control, NCDC, on Thursday, said it received over 580,000 COVID-19 related phone calls between March and December, 2020. The Centre, whose mandate include “leading the preparedness, detection and response to infectious disease outbreaks and public health emergencies” disclosed this in a statement, titled: ‘NCDC Announces 6232 […]

4th Mainland Bridge: Preferred Bidders to emerge in Q3’21

4th Mainland Bridge: Preferred Bidders to emerge in Q3’21

By Emeka Anaeto & Babajide Komolafe The Prefered  Bidder for the much expected Fourth Mainland Bridge, Lagos, will be announced in the   third quarter (Q3) of this year. Special Adviser for Works & Infrastructure to the Lagos State Governor,  Engr Aramide Adeyoye, disclosed this in Lagos  at the media presentation of the   Facts Behind the Figures […]

Nigerian stock market gains N325bn on enhanced buying interest

Nigerian stock market gains N325bn on enhanced buying interest

The Nigerian stock market extended its positive rally on Thursday, appreciating further by N325 billion, amid increased buying interest. Specifically, the market capitalisation inched higher by N325 billion or 1.54 per cent to close at N21.418 trillion from N21.093 trillion on Wednesday. In the same vein, the All-Share Index garnered 622.09 points or 1.54 per […]

COVID-19 kills budding Nollywood actress

COVID-19 kills budding Nollywood actress

Nigerian movie industry and the entertainment space has largely been spared by the lethal fangs of  COVID-19 even though it experienced several deaths in 2020 and 2021. But on Wednesday the industry announced its first death to the ravaging virus in the person of Sotonye Green. ALSO READ: Yakubu’s Trial: Court to rule on EFCC’s request […]

Anambra NSCDC seals private guard outfits over alleged failure to renew licence

Anambra NSCDC seals private guard outfits over alleged failure to renew licence

The Anambra Command of the Nigeria Security and Civil Defence Corps (NSCDC) has sealed two private guard companies for allegedly operating without valid licences. The command’s Public Relations Officer, Mr Edwin Okadigbo, disclosed this in a statement in Awka on Thursday. Okadigbo identified the companies as Globe 999 Security Ltd., located at No. 49 Ugwunabankpa […]