Agency Report

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nigerian_stock_exchange

NSE resumes 2017 trading on negative trend

Transactions on the Nigerian equity market resumed on Tuesday for 2017 on a bearish trend with major blue chips recording price depreciation. The News Agency of Nigeria, NAN, reports that the All-Share Index dropped by 257.73 points or 0.96 per cent to close at 26,616.89. This was against 26,874.62 achieved…

PDP Headquarters

PDP staffers demand re-opening of party’s national secretariat

The Peoples Democratic Party, PDP, Staff Welfare Forum has demanded the `immediate and unconditional re-opening’ of the party’s National Secretariat by the Police. The employees made the demand on Tuesday in Abuja during a peaceful protest in front of the national secretariat. The Secretary of the Forum, Dan Ochubaiye, said…

FILE PHOTO: FRSC officials

413 people killed in Kaduna accidents in 2016

An average of one person was killed per day in road accidents in Kaduna in 2016, according to official figures. The Federal Road Safety Commission said on Tuesday that 413 people lost their lives in 596 accidents in Kaduna State from January to December 2016. The accidents, which average 34…

petrol station fuel

Zambia cuts fuel prices

Zambian energy regulator says retail fuel prices will fall from midnight on Tuesday due to subdued oil prices and a stronger kwacha currency. The authority said in Lusaka that price of petrol would be reduced to 12.50 kwacha from 13.70 kwacha (about 9 per cent reduction) and diesel would drop…

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South Africa’s ANC scolds Pretoria mayor for ‘regrettable’ Taiwan visit

South Africa’s ruling African National Congress (ANC) has rebuked the opposition mayor of Pretoria for visiting Taiwan last month. It called the visit a violation of its foreign policy that recognises only the People’s Republic of China. The ANC said any officials making trips at odds with South Africa’s foreign…

Nigerian soldiers on patrol in Maiduguri

Army repel Boko Haram attack in Adamawa

Soldiers on Tuesday repelled an early morning attack by fleeing Boko Haram insurgent on Dar village in Madagali Local Government Area of Adamawa. Chairman of Madagali Local Government, Yusuf Mohammed, said the attack was contained by the prompt response of security operatives in the areas. He lauded the efforts of…

Lt. General Abdulrahman Dambazau

Nigeria Interior Minister speaks on Southern Kaduna killings

‎The Minister of Interior, Abdulrahman Dambazau, has called on‎ opinion and religious leaders to refrain from giving religious meaning to the crisis between herdsmen and farmers in Southern Kaduna. ‎ Mr. Dambazau gave the advice in a statement by his press secretary, Ehisienmen Osaigbovo, in Abuja on Tuesday. ‎The minister…

Ike Ekweremadu, Deputy Senate President

Ekweremadu warns against military action in Gambia

Deputy President of the Senate, Ike Ekweremadu, has warned against military action in the Gambia following that country’s presidential election, saying such action could threaten the security of the entire sub-region. The warning is in a statement issued by the Senate deputy president’s Special Adviser on Media, Uche Anichukwu on…

Nigerian Senate

Senate to investigate Southern Kaduna killings — Saraki

The Senate President, Bukola Saraki, has said that the senate would commence investigation into the recent killings in southern Kaduna State. Mr. Saraki made the announcement in a statement signed by his Special Assistant on New Media, Bamikole Omishore, in Abuja on Tuesday. According to Mr. Saraki, the Senate will…

Yahya Jammeh [Photo credit: REUTERS/Finbarr O'Reilly (GAMBIA)]

Gambia electoral commission head flees country

The Chairman of the Gambian Electoral Commission has fled the country following threats to his life, his nephew said on Tuesday. Alieu Momar Njai had declared Adama Barrow the winner of the Dec. 1 presidential election, but President Yahya Jammeh has refused to relinquish power, challenging the election results in…

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Why I was impeached — Abia Ex-Speaker

Six days after being ousted from office, Martins Azubuike, the former Speaker, Abia House of Assembly, says his uprightness cost him the job. Mr. Azubuike, who made the disclosure on Sunday at a reception by his community, Umunneato-Ngwa, said he was impeached because of not consenting to sharing of funds…

Kanu in court

Release Nnamdi Kanu to douse tension, Cleric tells Nigerian govt

The Archbishop of Anglican Diocese of Enugu, Emmanuel Chukwuma, has implored the Federal Government to release the detained Biafran activist, Nnamdi Kanu. Mr. Chukwuma made the appeal in Enugu on Tuesday while speaking with the News Agency of Nigeria (NAN). He said some leaders of the zone had expressed the…

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UPDATED: Jigawa House of Assembly impeaches speaker

The Jigawa House of Assembly on Tuesday impeached its Speaker, Idris Garba and elected Isa Idris of Gwaram Constituency as the new Speaker. The News Agency of Nigeria (NAN) reports that the Deputy Speaker, Ahmed Garba, presided over the sitting attended by 23 members. The Clerk of the house, Hussaini…

Crude oil extraction [Photo credit: Bloomberg]

Oil prices rise as markets eye production cuts

Oil prices rose on Tuesday, the first trading day of 2017, buoyed by hopes that a deal between OPEC and non-OPEC members to cut production would drain a global supply glut. The deal to cut production kicked in on Sunday. Benchmark North Sea Brent crude LCOc1 was up 40 cents…

donald-trump-2

Most Americans think Trump can’t handle presidency – Poll

Americans have little confidence in President-elect Donald Trump’s abilities to handle his presidential duties, with less than half of them saying they trust him to prevent major scandals, handle an international crisis, or use military force responsibly. According to a Gallup poll released by TIME, Americans have significantly less faith…

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Equatorial Guinea Vice President docked in France

Teodorin Obiang, the eldest son of Equatorial Guinea’s president , was put on trial in absence on Monday in France. He is accused of buying palatial Parisian properties and exotic cars with money plundered from his native country, a small oil-rich state on Africa’s west coast. Mr Obiang, who is…

FILE PHOTO: Nigeria Police Officers

Police arrest 21 cattle rustlers, kidnappers in Niger

The Police in Niger have announced the arrest of 21 suspected cattle rustlers and kidnappers terrorising residents across state. The spokesman of the command, Bala Elkalla, said this in a statement made available to the News Agency of Nigeria, NAN, on Monday in Minna. According to him, the command also…

Boko Haram in one of its  videos

No Boko Haram attack in Niger – Police

The police in Niger State have said there was no Boko Haram attack in any part of the state. The police spokesperson, Bala Elkalla, said this in a statement, made available to the News Agency of Nigeria (NAN) on Monday in Minna. "The attention of Niger State Police Command has…

NLC President, Comrade Ayuba Wabba

New Nigeria labour union setback for workers – Labour Leaders

Some labour leaders on Monday in Abuja said that the formation of a new labour centre would be a major setback to realising the demands for a new national minimum wage in the country. The leaders made the assertion when they fielded questions from the News Agency of Nigeria, NAN,…

Photo Credit: Twitter @TurntGrandpa

Centenarians provide tips on how to live up to 100 years

More than 100,000 people aged 100 or over are found in Spain. Spain is the country with the greatest life expectancy after Japan, OECD data and the latest population census shows. Over a year, media photographer Andrea Comas interviewed Spaniards aged 100 or more across the country from the green-hilled…

IGP Ibrahim Idris in Kafanchan, Southern Kaduna

IG of Police disagrees with CAN over southern Kaduna killings

The Inspector-General of Police (IGP), Ibrahim Idris, has disagreed with the Christian Association of Nigeria (CAN), on the number of people killed in the Southern Kaduna crises. The Catholic Archdiocese of Kafanchan had alleged that the unrest in Southern Kaduna had claimed over 808 lives, in 53 villages in the…

Arik Air

Nigeria moves up in global aviation rating

The Nigerian Civil Aviation Authority (NCAA) on Monday said Nigeria had attained another high level safety rating which placed it among the world leaders in aviation safety. The NCAA made the announcement in a statement by its General Manager, Public Relations, Sam Adurogboye. The statement said the country climbed to…

Nnamdi Azikiwe International Airport, Abuja

Closure of Abuja airport: Minna airport best alternative – Niger govt

Niger Government has advised the Federal Government to make Minna International Airport an alternative airport for travellers, as it plans to close Nnamdi Azikiwe International Airport in Abuja for rehabilitation in February. A statement by Jonathan Vatsa, the state Commissioner for Information, Culture and Tourism on Monday in Minna, said…

vip-choir

VIDEO: Osinbajo leads Obasanjo, Ukiwe, others in epic ex-Nigeria leaders’ choir

Former Nigerian leaders, Yakubu Gowon, Olusegun Obasanjo, Ernest Shonekan, and former deputies, Ebitu Ukiwe, Alex Ekwueme, Oladipo Diya and current vice president, Yemi Osinbajo, have delivered a hymn for a greater, united and peaceful Nigeria in 2017. The song is Isaac Watts’ hymn, “Our God, Our Help in Ages Past,”…

one-pound-coin

Britain to launch new pound coin to deter counterfeiters

The British government announced on Sunday that it would launch a new one pound coin at the end of March and scrap the current one pound coin by October. An announcement from the British Treasury said that the new 12-sided one pound coin would become a legal tender on March…