News Archives — Page 231 of 726

February 28, 2023 No Responses

Stock Market Gains N207b

The Nigerian bourse on Monday extended its positive performance with market capitalisation gaining N207 billion or 0.69 per cent to close at N30.140 trillion compared with N29.933 trillion on Friday. Also, the All-Share Index (ASI) rose by 379.21 points, representing...

February 27, 2023 No Responses

Coalition Expresses Concern Over Slow Upload Of Results

A Coalition of Civil Society Organisations has expressed worry over the slow upload of the Presidential and National Assembly election results. Mr Hamzat Lawal, Chief Executive, Connected Development (CODE)who spoke on behalf of the Civil Society Organisations...

February 27, 2023 No Responses

Geely Launches New Premium Product Series

Geely Auto Group has launched a new high-end electrified product series, Geely Yinhe at a flagship event in Hangzhou. Information obtained by City Business News explained that the first car from the Geely Yinhe range, the Yinhe L7 long-range PHEV...

February 27, 2023 No Responses

Hyundai Begins EV Production In US

Hyundai Motor has commenced production of an electric vehicle (EV) in the US in response to the US Inflation Reduction Act (IRA), which allows no subsidies for imported EVs. Already, the South Korean carmaker has assembled the Genesis GV70 SUV...

February 26, 2023 No Responses

NLC Expresses Worry Over Attacks

The Nigeria Labour Congress (NLC) has expressed worry over incidences of violence in some polling units and areas where activities of thugs are pronounced in Saturday’s general election. Mr Joe Ajaero, the NLC President, said this in a statement on...

February 26, 2023 No Responses

Collation Of Presidential Election Results To Commence Sunday Midday

The Independent National Electoral Commission (INEC) is to commence the collation of 2023 presidential and parliamentary elections on Sunday at midday. The INEC Chairman, Prof. Mahmood Yakubu, announced this at a news conference on the 2023 general electi...

February 26, 2023 No Responses

Nigeria Beat Mozambique To Reach Under-20 AFCON Quarterfinals

The Flying Eagles beat Mozambique 2-0 in Ismailia on Saturday to qualify for the quarterfinals of the Under-20 Africa Cup of Nations (AFCON). The Nigerian under-20 male side scored two sumptuous goals in the first half through Samson Lawal and...

February 25, 2023 No Responses

IRI, NDI Task Nigerians On Peaceful Elections

The Joint National Democratic Institute (NDI) and the International Republican Institute (IRI) Election Observation Mission have called on Nigerians to shun violence for peaceful polls . IRI and NDI in a statement on Friday said: “We strongly condemn t...

February 25, 2023 No Responses

Increasing Road Accidents Menace In Nigeria

Deaths and injuries associated with road accidents in on the increase in Nigeria despite efforts to curb the trend by the Federal Government. The menace is, however, not peculiar to Nigeria as there is a global epidemic of Road Traffic...

February 25, 2023 No Responses

Again, Naira Gains At Investors, Exporters Window By N461.17

The Naira on Friday exchanged at N416.17 to the dollar at the Investors and Exporters window. The figure represented an appreciation by 0.03 per cent compared with the N461.33 it exchanged on Thursday. The open indicative rate closed at N461.25...

February 24, 2023 No Responses

US Nominates Banga To Lead World Bank

United States President, Joe Biden has named Indian-American businessman Ajay Banga as the US pick to lead the World Bank. The move comes as the US increases pressure on the bank to put more emphasis on tackling climate change. Mr Banga....

February 24, 2023 No Responses

Naira Gains At Investors, Exporters Window By N461.33

The Naira on Thursday exchanged at N461.33 to the dollar at the Investors and Exporters window. The figure represented an appreciation by 0.06 per cent compared with the N461.60 it exchanged on Wednesday. The open indicative rate closed at N461.30....

February 24, 2023 No Responses

Banking Stocks Lift Market Capitalisation By N180b

The equity market on the Nigerian Exchange Ltd. (NGX) gained further on Thursday as it recorded N180 billion gains, following investors interest in Tier-one banking stocks. The market capitalisation gained N180 billion or 0.61 per cent to close at N29.76...

February 24, 2023 No Responses

INEC: 87.2m PVCs Collected

The Independent National Electoral Commission (INEC) disclosed on Thursday that 87,209,007 Permanent Voter Cards (PVCs) have been collected across the 36 States of the federation and the FCT. The INEC Chairman, Prof. Mahmood Yakubu, revealed this in “T...