Author: Broad Admin

Page: 4

As a business continually driving values for its stakeholders, Dangote Cement is to empower stakeholders in the value chain of Palm Kernel Shell (PKS) supply as part of its strategies to shore up and sustain its availability as a waste that is co-processed in the cement kiln in order to recover energy.  This, the cement […]

The naira on Thursday depreciated at the Investors and Exporters window exchanging at N419 to the dollar, a 0.24 per cent depreciation, weaker than N418 it traded on Wednesday. The open indicative rate closed at N417.40 to the dollar on Thursday. An exchange rate of N444 to the dollar was the highest rate recorded within […]

Clearing agents have again abandoned vehicle clearance at the Tincan Island Port, Lagos State, due to confusion over the unresolved issue of the 15% National Automotive Council (NAC) Levy. The action, which will worsen the congestion problem at the ports, appears to be the escalation of the dispute between the clearing agents and the Nigeria […]

The Nigeria Railway Corporation (NRC) says the destroyed track access between Abuja and Kaduna  has been restored. The Managing Director of the Corporation, Mr Fidet Okhiria, confirmed the development in a statement by Director Operations of the NRC, Mr Niyi Alli, on Thursday in Lagos. Okhiria explained that the south end of the tracks, destroyed […]

Sell pressure on blue chip stocks such as Cadbury, Guiness, Nigerian Breweries, MTN Nigeria and International Breweries prompted gains at the Nigerian Exchange Ltd.,(NGX) on Thursday. The upward movement extended the bourse’s gaining streak, moving the All Share Index up by 1.42 per cent, gaining 709.54 basis points to close at 50,835.95 points compared with […]

Pastor Tunde Bakare of The Citadel Global Community Church has picked the All Progressives Congress, APC, expression of interest and nomination forms for the Presidency. Bakare picked the forms in Abuja on Thursday. The ruling party pegged the forms at N100 million. In September 2019, the clergyman said God told him he would succeed President Muhammadu Buhari […]

The Nigerian Electricity Regulatory Commission (NERC) has given Port Harcourt Electricity Distribution Company (PHEDC); Jos Electricity Distribution Company (JEDC); Kano Electricity Distribution Company (KEDC); Kaduna Electricity Distribution Company (KEDC); Jos Electricity Distribution Company (JEDC); Ikeja Electricity Distribution Company (IKEDC) and Ibadan Electricity Distribution Company (IBEDC) approval to increase their tariff rates. The new approval took […]

The President, Major General Muhammadu Buhari (retd.), has arrived in Ebonyi State for a two-day official visit to the state. The president who was accompanied by Governor David Umahi of Ebonyi among other top government officials arrived at the state at about 11. 15 am. NAN observed that streets in the capital city wore new looks […]

University students took to the streets for the second straight day on Thursday in protest against the strike embarked by the Academic Staff Union of Universities. Tagging themselves ‘The University of Streets’, the protesters walked along the Ugbowo-Lagos expressway in Benin-City. The walk was expected to terminate at the Ring-Road area of the city. Other […]

Cryptocurrency exchange Binance has committed $500 million to finance Elon Musk’s $44 billion takeover of social media platform Twitter (TWTR). According to an updated Schedule 13D filing with the U.S. Securities and Exchange Commission (SEC) filed on Wednesday, the world’s largest crypto exchange was among the equity investors for the deal. A Schedule 13D is a […]


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