Kwara Relaxes Curfew in Iloffa, Odo Owa

By Precious Olisa The Zamfara State Election Petition Tribunal sitting in Sokoto State has upheld the election of Mr Dauda Lawal as the governor of the state. Mr Lawal emerged victorious in the election after contesting to govern the state on March 18, 2023, under the platform of the Peoples Democratic Party (PDP). He defeated the immediate past Governor of the state and current Minister of State for Defence, Mr Bello Matawalle, with an impressive margin of 65,750 votes. The returning officer for the poll had announced that Mr Matawalle, the candidate of the All-Progressives Congress (APC), secured a total

By Aduragbemi Omiyale The Vice President, Mr Kashim Shettima, has charged the National Assembly to continue to cooperate with the executive arm of government, noting that governance is a collective responsibility and not a personal endeavour. He said this at the retreat for the leadership of the 10th National Assembly last Friday at the Four Points by Sheraton, Ikot Ekpene, Akwa Ibom State. Mr Shettima said the administration of President Ahmed Tinubu was committed to safeguarding Nigeria’s democracy and maintaining the fraternal bond between the two arms of government. He described the composition of the federal government as well as

By Aduragbemi Omiyale An artificial intelligence-powered feature, Dream Screen for Shorts, designed to redefine how creators use YouTube, has been unveiled by the video streaming platform. The feature was introduced by the tech giant on Thursday alongside others at the Made On YouTube event. It was created to allow YouTube creators to reach more viewers. According to the firm, Dream Screen allows creators to add AI-generated video or image backgrounds to their Shorts simply by typing an idea into a prompt. With Dream Screen, creators will be able to generate new, fantastic settings for their Shorts that are only limited

By Precious Olisa Three Nigerian women entrepreneurs have been selected among 24 finalists for the 2023 African Women Innovation and Entrepreneurship Forum (AWIEF) awards. The Nigerians are the CEO of Bridge Merchant Enterprise (Agri Entrepreneur Award), Ms Chinwendu Nweke; the CEO of Clean Technology Hub (Energy Entrepreneur Award), Ms Ifeoma Malo; and the co-founder/CEO of D-Olivette Global Enterprise, (Social Entrepreneur Award), Ms Damilola Aminat Adeyemi. Launched in 2017, the annual AWIEF Awards is an initiative to recognise, honour, and celebrate women entrepreneurs and business owners in Africa across various industry sectors for their achievements and contribution to the continent’s inclusive

By Adedapo Adesanya The oil market improved by more than 1 per cent on Friday to record its second-straight week of gains, as supplies tightened in some parts of the world and US inflation data indicated price rises were slowing. Brent futures grew by $1.29 or 1.6 per cent to $79.89 a barrel, as the US West Texas Intermediate crude (WTI) increased by $1.30 or 1.8 per cent to $75.67 a barrel. Data on Friday showed the US Personal Consumption Expenditure (PCE) index, the Federal Reserve’s preferred inflation gauge, rose 0.3 per cent in February on a monthly basis compared

By Dipo Olowookere Group Chief Executive Officer of Ecobank Group, Mr Ade Adeyemi, has expressed his excitement towards the rate at which the financial institution was growing after a turbulent period caused by economic crisis in Nigeria. Reacting to the financial statements of the company for the year ended December 31, 2018, released on Thursday, the Ecobank chief said he was also happy with the value the bank has delivered to shareholders. While describing the 2018 performance as “remarkable in many ways,” Mr Adeyemi said efforts would be made to continue to achieve more successes. “Our financial performance in 2018

By Dipo Olowookere As part of its efforts towards breaking the silence on endometriosis, The Endometriosis Support Group Nigeria (ESGN) in partnership with Nordica Fertility Centre and Diamond Bank will be on March 10, 2018 holding its annual Endo Walk. Speaking at a press briefing organized by the ESGN led by Dr Abayomi Ajayi, Chief Executive Officer of Nordica Fertility Centre, it was revealed that the organisation has been championing this cause for the past 12 years and has raised the consciousness about the condition amongst sufferers, medical practitioners, media and the general public. “Endometriosis as you may be aware,

By Modupe Gbadeyanka A state-of-the-art tier 3 commercial data centre has been launched by Airtel Nigeria in the Lekki area of Lagos State. The facility was commissioned on Tuesday, April 12, 2022, by the leading telecommunications services provider to help provide perfect uptime and peerless security for servers it houses as well as cloud services for businesses and government establishments across the country. Awarded the high-end Tier 3 ANSI/TIA-942 certification by EPI, the world’s leading certification body for data centres, the Airtel ultra-modern data centre runs on a superior technology that enables it to perform efficiently in Nigeria’s tropical climate

By Adedapo Adesanya Crude oil prices rose on Friday on the back of sustained global energy, causing the Brent crude to increase by 44 cents or 0.54 per cent to $82.39 per barrel, while the United States West Texas Intermediate (WTI) gained 1.34 per cent or $1.05 to $79.35 per barrel. The surge in the prices of the commodity as well as natural gas and coal in recent days has been due to an energy crunch affecting Europe and Asia. Benchmark European gas prices at the Dutch TTF hub on Friday stood at a crude oil equivalent of about $200

By Dipo Olowookere The All-Share Index (ASI) and market capitalisation of the Nigerian Stock Exchange (NSE) further depreciated by last week by 0.65 percent and 0.59 percent respectively to close the week at 29,851.29 points and N13.155 trillion apiece. All other indices finished higher with the exception of the NSE-Main Board Index, NSE Premium Index, NSE MERI Growth Index, NSE Consumer Goods Index and NSE Lotus II which depreciated by 0.49 percent, 0.77 percent, 0.83 percent, 1.64 percent and 1.54 percent respectively while NSE ASeM Index closed flat. In the week, the market recorded a total turnover of 7.5 billion

By Dipo Olowookere The Nigerian Exchange (NGX) Limited lost 0.06 per cent on Friday on the back of persistent profit-taking influenced by weak investor sentiment. Investors found a reason to sell off stocks in the insurance, consumer goods and industrial goods sectors, which dropped 1.47 per cent, 0.19 per cent, and 0.01 per cent, respectively. However, the energy counter gained 0..72 per cent, while the banking space marginally appreciated yesterday by 0.01 per cent. At the close of transactions, the All-Share Index (ASI) was down by 32.60 points to 54,327.30 points from 54,359.90 points, and the market capitalisation declined by

By Modupe Gbadeyanka Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele, has disclosed that from October 2019, the loan-to-deposit ratios of commercial banks in the country would be subjected to monthly review. Earlier this month, the apex bank chief gave lenders till September 30, 2019 to increase their loan-to-deposit to a minimum of 60 percent. Yesterday, Mr Emefiele, while addressing newsmen in Abuja after a two-day Monetary Policy Committee (MPC) meeting, said after the expiration of the deadline, the CBN will consider reviewing the LDR if the 60 percent is not met. He said at the moment,