Home / 2020 / June / 02

Daily Archives: June 2, 2020

Stock market begins June with N25bn gain

Investors lose N50bn as stocks suffer decline

Trading activities on the floor of the Nigerian Stock Exchange closed on a positive note on the first day of this month following gains recorded by some blue-chip firms. The NSE All-Share Index appreciated by 0.19 per cent as Japaul ...

Read More »

Marketers groan as FG cuts petrol price to N121.50

Petrol price hits N143.8, stakeholders push for total deregulation

• IPMAN asks for time to finish old stock Fuel marketers have expressed concerns over the further reduction by the Federal Government of the pump price of Premium Motor Spirit, also known as petrol. The Petroleum Products Pricing Regulatory Agency, ...

Read More »

On paper, Ndidi is world’s most-sought-after midfielder

United scouts urge Solskjaer to sign Ndidi

Depending on which website you read, Nigeria’s Wilfred Ndidi is the most sought after midfielder in world football. Reports in various sites have Ndidi’s agents discussing terms for a transfer with different football clubs, including Real Madrid, Arsenal, Chelsea, Manchester ...

Read More »

Flights to resume June 21, govt orders 50% passenger reduction

Physical distancing impossible on flights, says aviation minister

The Federal Government on Monday announced that domestic flights would resume on June 21 and directed airlines to take between 50 and 70 per cent of passengers on any flight. It also stated that the aircraft of most airlines were ...

Read More »

Labour opposes proposed N20,000 infrastructure maintenance fee for youths

Labour opposes proposed N20,000 infrastructure maintenance fee for youths

The Trade Union Congress of Nigeria (TUC) has opposed the proposed plan by the Federal Government to pay some unemployed 1,000 youths N20,000 monthly to maintain public infrastructure nationwide for 12 weeks. It claimed the move was another “conduit pipe ...

Read More »

Kolokuma LG seeks to replace Diri at Senate

Senate summons CBN, FIRS again over $21.3bn foreign tax

The Peoples Democratic Party’s stakeholders in the Kolokuma/Opokuma Local Government Area of Bayelsa State under the auspices of the Voice of KOLGA have insisted that the LG should produce a replacement for Governor Douye Diri to represent Bayelsa Central Senatorial ...

Read More »

N4.5tr budget deficit may trigger fresh recession, minister warns

N4.5tr budget deficit may trigger fresh recession, minister warns

With the deficit financing of the revised N10.509 trillion 2020 budget rising from N1.847 trillion to N4.563 trillion, the economy might be heading for another recession, the Minister of Finance, Budget and National Planning, Zainab Ahmed, has warned. She expressed ...

Read More »

Integrated Oil and Gas Loses Group Finance Officer, Akinwusi

Integrated Oil and Gas Loses Group Finance Officer, Akinwusi

The Group Chief Finance Officer of Integrated Oil and Gas Limited, Mr. Julius Sunday Akinwusi, aged 56, has passed away. The company revealed this in a press statement yesterday, stating that Akinwusi passed away on Thursday, May 28, 2020 after ...

Read More »
× Get News Alert