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Daily Archives: March 2, 2020

International Women’s Day: MMS WoFHoF To Celebrate UN Generation Amazons

Ship owners call for establishment of maritime bank

As the world marks the 2020 United Nations International Women’s Day (IWD), MMS Woman of Fortune Hall of Fame (WoFHoF) Initiative  is set to organize MMS Hall Of Famers’ Day, to celebrate UN Generation Amazons selected from Nigeria’s transportation sector. ...

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Free trade zone loses N1 billion factory to fire in Cross River

Free trade zone loses N1 billion factory to fire in Cross River

The Calabar Free Trade Zone (CFTZ) has lost one of its pioneer companies, Jackson Devos, to a mysterious fire, destroying property and equipment worth over N 1 billion. The razed factory, according to engineers, is a pre-fabricated building imported from ...

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Anxiety as Supreme Court reviews verdict on Imo today

Anxiety as Supreme Court reviews verdict on Imo today

• Uzodinma, IPOB trade words over alleged imposition • I have done no wrong on Lyon, says Olanipekun There is anxiety in Imo State as the Supreme Court begins hearing today in the application for the review of its January 14 ...

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PDP congress: Stakeholders endorse Fayose’s choice

PDP congress: Stakeholders endorse Fayose’s choice

The Ekiti State Peoples Democratic Party chairmanship contest took a new turn on Saturday as elders and stakeholders in the party endorsed Bisi Kolawole, the anointed aspirant of former Governor Ayodele Fayose, for the position. They also endorsed the candidacy ...

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Reps probe $1bn spent on Tucano jets, others

Reps probe $1bn spent on Tucano jets, others

The House of Representatives has begun investigation into how the Federal Government spent the $1bn special security fund approved for it by the National Assembly. Part of the money was used to acquire 12 Super Tucano fighter aircraft from the ...

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It’s unpatriotic to sell rice above N15,000 –Minister

It’s unpatriotic to sell rice above N15,000 –Minister

The Minister of Agriculture and Rural Development, Alhaji Muhammad Nanono, has said it is unpatriotic for rice producers to sell a bag of rice at above N15,000. Nanono said that with paddy rice sold at N8,500 and cost of processing ...

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Stock market down by 4.28%, highest in 47 weeks

Index slumps further by 3.51% as pandemic wreaks havoc on global economy

Nigerian stocks suffered the highest weekly loss since April 2019 as sell pressure dominated market activities on increasing regulatory pressures and  the first case of the Coronavirus confirmed in the country last week. Trading activities on the floor of the ...

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