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One dead, five hospitalized in Third Mainland Bridge auto crash

By Olasunkanmi Akoni A tragic collision on the Lagos Third Mainland Bridge in the early hours of Monday, December 16, 2024, claimed the life of one person and left five others hospitalized. The accident occurred at Ilubirin, inward Sura, around 6 a.m. The Lagos State Traffic Management Authority (LASTMA) confirmed that the crash involved a […]

IDPs situation in Benue requires innovative, technology-driven solution – SEMA

By Peter Duru, Makurdi The Executive Secretary Benue State Emergency Management Agency BSEMA Dr. James Iorpuu has stated that the Internally Displaced Persons, IDPs, situation in the state demands innovative, technology-driven solutions to have it effectively tackled. Dr. Iorpuu spoke Monday shortly before signing a Memoranda of Understanding, MOU, with the Bureau for Special Projects, […]

SUKUK: FG raised N1.1trn to finance 124 road projects — SEC

By Obas Esiedesa, Abuja The Securities and Exchange Commission (SEC) yesterday disclosed that the Federal Government (FG) has issued six Sovereign Sukuk worth N1.1 trillion ($657.6M), to finance 124 Federal road projects covering over 5,820 kilometers across the six geopolitical zones of the country.  SEC’s Director General, Dr. Emomotimi Agama, stated this during the ongoing 2nd […]

Access Bank set to acquire 100% equity in South Africa’s Bidvest Bank 

By Peter Egwuatu  Access Holdings Plc has announced that its banking subsidiary, Access Bank Plc has entered into a binding agreement with South Africa-based Bidvest Group Limited for the acquisition of a 100% equity stake in Bidvest Bank Limited. According to a statement from Access ”this agreement reflects the Bank’s commitment to strengthening its footprint in […]

Rail revenue falls 4% to N2.2bn in Q3’24

By Elizabeth Adegbesan Revenue generated from rail transport fell by 4.7 percent year-on-year (YoY) to N2.19 billion in the third quarter of 2024 (Q3’24), from N2.3 billion in the corresponding period of 2023, Q3’23. The National Bureau of Statistics, NBS, disclosed this yesterday in its Rail Transportation Data for Q3’24. The breakdown of the revenue […]

Stock market sustains positive trend amid portfolio repositioning 

By Peter Egwuatu  The stock market sustained  the bullish trend last week, ahead of January effects that had turned a positive pattern and trends on the Nigerian Exchange, NGX in recent year. Apparently, higher inflow of funds from both domestic and foreign investors boosted the market following the buying sentiments across some major sectors. The market […]

LAFARGE, UNILEVER AND  THE RUSH TO EXIT

By Dele Sobowale “Nigeria is no longer a potentially big market for multinationals. It is now increasingly regarded as a poor and declining economy.” Nigerian businessman who recently returned from Europe. Lafarge, formerly  West African Portland Cement, is one of the latest companies in Nigeria, whose core investors have thrown in the towel, after P&G […]

Why we don’t have disease outbreaks in Benue IDPs camps – BSPHCB

The Executive Secretary of Benue State Primary Health Care Board, BSPHCB, Grace Wende says the Internally Displaced Persons, IDPs, camps in the state did not record outbreak of diseases in the last one due to the UNICEF/WHO Supported Emergency Humanitarian Health Response in IDP Camps.

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