Equity market extends loss to third day

Business

Equity market extends loss to third day

The local stock market on Wednesday, marked the third consecutive day of closing in the red zone. The All-Share Index and the market capitalisation shed 0.04 percent to close at 98,023.23 points and N59.39tn, respectively, as investors lost N22bn. Despite the downturn, 33 stocks registered gains, while 23 recorded losses. Leading the gainers were the trio of UPL, VitaFoam and Sky Aviation, which gained 10 percent each to close at […]

Argentina’s president relieves Us foreign minister from duties

World

Argentina’s president relieves Us foreign minister from duties

Argentina's president, Javier Milei, on Wednesday sacked his foreign minister, Diana Mondino, after the country voted in favour of lifting the US economic embargo on Cuba at the United Nations. Argentina was one of 187 countries that supported the non-binding UN resolution on Wednesday to which the US and Israel voted in opposition. Milei replaced Mondino with the ambassador to Washington, Gerardo Werthein stating that Argentina was categorically opposed to […]

Petrol price increases pushing Nigerians to limit says NLC

News

Petrol price increases pushing Nigerians to limit says NLC

Organised Labour yesterday, stated that the latest hike in the pump price of petrol was pushing Nigerians to the limit. It also warned the Federal Government against what it described as a surprised and unexpected reaction of the people to the frequent hike in the price of the product. One of the organized Labour leaders who pleaded anonymous issued the warnings in an interview with newsmen in Lagos. The source […]

News

Versity workers to showdown as FG rebuffs talks

The Joint Action Committee of the Non-Academic Staff Union of Educational and Associated Institutions and the Senior Staff Association of Nigerian Universities yesterday disclosed that the ongoing strike is a long-term battle involving even vice-chancellors, bursars and registrars. The National President of SSANU, Mohammed Ibrahim on Wednesday in an interview with journalists stated that the university executives, including vice-chancellors, bursars, and registrars, did not receive salaries for four months. He […]

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News

Court stops FG from releasing monthly allocations to Rivers

The Federal High Court in Abuja on Wednesday has ordered the suspension of monthly allocations to Rivers State by the Federal Government. This directive, issued by Joyce Abdulmalik, also restrains the Central Bank of Nigeria from allowing Rivers State to access funds from the consolidated revenue account. The judgement came in response to a suit filed by the Martins Amaewhule-led faction of the Rivers State House of Assembly, as Defendants […]

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News

Court stops FG from releasing monthly allocations to Rivers

The Federal High Court in Abuja on Wednesday has ordered the suspension of monthly allocations to Rivers State by the Federal Government. This directive, issued by Joyce Abdulmalik, also restrains the Central Bank of Nigeria from allowing Rivers State to access funds from the consolidated revenue account. The judgement came in response to a suit filed by the Martins Amaewhule-led faction of the Rivers State House of Assembly, as Defendants […]

today10/30/2024 2

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