BLUEPRINT

Domestic Equity Sustains Bullish Trend, Gains N273bn

The domestic equity market on Wednesday continued trading on a positive note, with the bulls at the driver’s seat. The NGX All Share Index also appreciated by 842.87 basis points to 104007.31 points from 103524.44 points reported the previous day. Market capitalisation of listed equities also rose by N273 billion or 0.47 per cent to N58.806 trillion… Read More

SUN

MAN, LCCI, CPPE Hail Suspension Of EEL

The Organised Private Sector (OPS) has applauded the Federal Government on its decision to halt the implementation of the contentious Expatriate Employment Levy. Member organizations of the OPS that spoke for the sector included the Manufacturers Association of Nigeria (MAN), Lagos Chamber of Commerce and Industry (LCCI), and… Read More

Food Crisis: CBN Allocates 2.15m Bags Of Fertilizer Valued At N100bn To Agric Ministry

A strategic step towards addressing the worsening food crisis has been taken by the Central Bank of Nigeria (CBN), with the release of 2.15 million bags of fertilizer valued at over N100 billion to the Ministry of Agriculture and Food Security, for immediate The CBN Governor, Olayemi Cardoso, made the disclosure this yesterday in Abuja when he visited…Read More

PUNCH

N35,000 Wage Award: 30 States Default, Labour Fumes, Pensioners Threaten Protest

The Nigeria Labour Congress, on Wednesday, expressed anger over the failure of about 90 per cent of states (over 30 states) in paying the wage award as agreed by the Federal Government and the organized Labour. The NLC said this as pensioners who retired from the Federal Civil Service threatened to embark on a nationwide protest… Read More

ECONOMY HEADLINES

BUSINESSDAY

Food Processors Invest N23.8bn In Nigeria To Cut Import Bill

Amid sluggish growth and high cost of doing business, Africa’s most populous country, Nigeria has attracted N23.8 billion in investments from food processors that will help curb its reliance on imports. GB Foods recently opened a N20 billion state-of-the-art tomato processing plant in Kebbi State to reduce the importation of tomato paste in… Read More

SUN

Why We Are Recording Increased Oil Production –Edun

The Federal Government says improved security in the Niger-Delta is responsible for the increased crude oil production to 1.65 million barrels per day (with condensate) as against the 1.25 million bpd previously recorded. Mr Wale Edun, the Minister of Finance and Coordinating Minister of the Economy, stated this in Abuja at a Podcast… Read More

PUNCH

Federal Government Restores Electricity To Niger, Lifts Sanctions, Reopens Border

The Federal Government, on Wednesday, restored the supply of electricity to the Republic of Niger following the directive of President Bola Tinubu that Nigeria’s land and air borders with the neighbouring country be opened. On August 3, 2023, The PUNCH reported that the power supply from Nigeria to the Republic of Niger was stopped as part of the… Read More

POLITICAL HEADLINES

THISDAY

Tinubu: No More Ransom Payments To Kidnappers, Reads Riot Act To Security Agencies

President Bola Tinubu has, again, directed that on no condition should ransom be paid by government to kidnappers, bandits or other criminal elements for the release of their victims, as he read the country’s security agencies the riot act following incessant kidnap incidents. Minister of Information and National Orientation, Mohammed Idris, revealed… Read More

VANGUARD

Withdraw Orderlies Of Senators, Reps — Ndume Tells IG

Senate Chief Whip, Ali Ndume, has asked the Inspector General of Police (IGP) to withdraw orderlies attached to lawmakers in the National Assembly and those attached to politicians in the country. Ndume stated this in an interview on Channels Television’s Politics Today on Wednesday. He said, “I support that they should take away all their police… Read More

TECHNOLOGY HEADLINES

NAIRAMETRICS

NDPC, SMEDAN Sign Mou To Boost Data Protection Among 40 Million SMEs In Nigeria

The Nigeria Data Protection Commission (NDPC) signed a Memorandum of Understanding (MoU) with the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN), to bolster data protection initiatives among the 40 million SMEs in the country. The MoU establishes a framework for collaboration, including the formation of a working… Read More