Saraki Hails Release of 82 Chibok Girls

Image

By Dipo Olowookere

The release of additional 82 Chibok girls abducted over three years ago on Saturday has been commended by the Senate President, Mr Bukola Saraki.

Mr Saraki, in a statement issued by his Special Adviser on Media and Publicity, Mr Yusuph Olaniyonu, applauded efforts of President Muhammadu Buhari-led Federal Government, security operatives, and the international Red Cross on the release.

He said the prayers and well-wishes of Nigerians and the global community had led to the return of “more of our daughters.”

According to him, “As a father, I can’t help but feel delighted and excited at the release of the 82 schoolgirls.”

“When they were taken from us, the whole world joined in demanding for their return – now, it is a testament to the tenacity and commitment of the Federal Government, led by Mr President, that they are bock with us, and will soon be reunited with their families,” he said.

“Last year, we managed to secure the release of 20 girls. Today, (we got) 82. By this feat, those that are still out there should be rest assured that Nigeria will not forget them, and this government will continue to do everything within its power to bring them back home,” Mr Saraki said.

“Moving forward, the security forces must be commended. However, the work is not yet done, too many families are still anxious today. Too many of our daughters have not returned,” he added.

The Senate President reassured that the Senate and by extension, the National Assembly, would continue to do everything within its power to augment the efforts of the executive and our International partners in securing the release of more girls and ending the Book Haram menace once and for all.

“My colleagues and I in the 8th Senate will continue to remain committed to the cause of bringing back all our girls, ending the Boko Haram insurgency and ensuring the rehabilitation of the devastated North East zone,” he said, noting that, “It is clear that we still have a lot to do. But God-willing, we will be up for the challenge.”

Share
Related Stories
Image
28-February-2024

NLC Suspends Nationwide Protest, Gives Fresh 14-Day Ultimatum

By Modupe Gbadeyanka The two-day nationwide protest declared by the Nigeria Labour Congress (NLC) has been suspended a day after it started. The union called off the action on Tuesday night, saying it was to give the federal government an additional time to meet its demands. The NLC, which commenced the demonstration across the country today, said its action has already yielded results, as the government felt the impact of the protest. In a communiqué at the end of its National Executive Council (NEC) meeting on Tuesday, the flagship workers’ group it would give the government two weeks to look

Image
22-February-2024

WINBAFRICA Plans Big for 10th Anniversary

By Modupe Gbadeyanka All is now set for the 10th anniversary of WINBAFRICA themed Bridging the Gap: Celebrating a Decade of Nation-building. The organisation is gathering stakeholders together on Monday, February 26, 2024, for the event at the Alliance Francaise in Ikoyi, Lagos. The group was formed in 2014 and has since then promoted girl-child education and empowered women and young girls in critical thinking and leadership skills in secondary schools across Africa. As part of activities lined up for this year’s celebration, WINBAFRICA organised an annual school debate competition and scholarship programme for 20 young girls across the continent.

Image
28-February-2024

Dangote Cement Wins Environmental Sustainability Award

By Aduragbemi Omiyale NatureNews has announced Dangote Cement Plc as the winner of the 2023 NatureNews Environmental Sustainability Award at its 3rd anniversary themed Climate Change and Energy Transition in Nigeria. At the Anniversary Lecture and Presentation of the Hero of Environmental Actions for Development (HEAD) held on Tuesday at the Shehu Musa Yar’Adua Centre, Abuja, the news platform said Dangote Cement was nominated for the category following a thorough screening by eminent professionals. The Publisher and Editor-in-Chief of NatureNews, Mr Aliyu Akoshile, disclosed that during the screening, it was discovered that the cement maker had deployed cutting-edge technology to

Image
27-February-2024

IFC, Seedstars Announce Top 100 Women-led Startups in SheWins Africa Initiative

By Adedapo Adesanya The International Finance Corporation (IFC) has selected 100 women-led startup owners to participate in the She Wins Africa program, an IFC-led initiative that aims to accelerate access to capital for women-led startups across sub-Saharan Africa. The selected women will participate in comprehensive interventions that will strengthen their companies’ investment readiness, include advice and mentorship, and provide access to potential investors, industry leaders, and peers through matchmaking and pitching opportunities across Africa. The initiative is a part of IFC’s broader commitment to promote gender equality and empower women entrepreneurs in emerging markets. The 100 participants announced today were

More Stories
Image
24-February-2022

NASD OTC Exchange Closes Flat Amid Low Transactions

By Adedapo Adesanya The NASD Over-the-Counter (OTC) Securities Exchange closed flat on Wednesday, February 24, with the key performance indicators remaining unchanged. Business Post reports that the market capitalisation of the NASD OTC Exchange retained the previous value of N624.97 billion, while the NASD Unlisted Securities Index (NSI) remained intact at 733.06 points. The stalemate witnessed yesterday came even as trading data showed a reduction in the volume, value and number of deals carried out at the bourse by traders. Investors traded a total of 4,079 units of securities in contrast to 6.7 million units of securities transacted at the

Image
10-March-2020

Brent Loses 24% Monday to Trade at $34/b

By Adedapo Adesanya Oil prices traded down more than 24 percent on Monday night with Brent crude trading around $34 per barrel after prices crashed as a result of a price war caused by a feud between Russia and Saudi Arabia. The market fell to the lowest since 1991, adding pressure to economies already weakened by the coronavirus, which has killed 3,800 people and infected over 110,000. The International benchmark, Brent crude, against which most countries set their benchmark, on Monday night was trading down by 24.34 percent or $11.02 while the US West Texas Intermediate (WTI) crude futures was

Image
21-September-2016

NSE All-Share Index Gains 370 Points On Tuesday

By Modupe Gbadeyanka Trading on the Nigerian Stock Exchange (NSE) on Tuesday ended on a strong note with the All-Share Index (ASI) appreciating by 370 points or 1.33 percent. The NSE ASI, which opened at 27, 839.93 points on Tuesday, closed at 28,209.93 points. Also, the market capitalisation increased by N127 billion. The day’s trading closed at N9.69 trillion; rising from N9.56 trillion it recorded on Monday. Business Post learnt some major stocks recorded price gains, with Dangote Cement leading the top five gainers table with N6.79 per share, closing at N183. Also, Total Oil gained N6.5 to close at

Image
15-September-2020

LASTMA to Punish Female Official Fighting Motorist in Viral Video

By Dipo Olowookere The female official of the Lagos State Traffic Management Authority (LASTMA) seen in a viral video last week having an altercation with a motorist has been invited for questioning. The General Manager of LASTMA, Mr Olajide Oduyoye, confirmed that the woman, identified as Mrs Adepeju Odunlami, was invited as part of efforts to investigate the matter. It was stated that the ugly incident took place at the Aromire Junction, Ikeja on Friday, September 11, 2020, and according to the traffic management boss, the action of the official was not professional. In a statement issued on Tuesday, it

Image
07-September-2017

FG Begins Pre-Offer Roadshow for N100b Sukuk

By Dipo Olowookere Federal Government has commenced activities in preparation for the issuance of the N100 billion non-interest bearing bond otherwise known as Sukuk. The exercise is to be carried out by the Debt Management Office (DMO) on behalf of the Nigerian government. A national roadshow kicked off on Thursday and will hit major cities in the country like Lagos, Port Harcourt, Kano and Kaduna. The aim is to attract investors to subscribe to the offer as proceeds from the Sukuk issuance would be used to finance specific road projects in the country. A statement issued by the debt office

Image
22-February-2023

Middle East Gaming At A Whole New Level

The gaming industry in the Middle East is rapidly evolving, putting the region on track to become the gaming industry’s epicenter. According to recent developments, Middle East and North Africa (MENA) countries are revolutionizing gaming and related technologies faster and more uniquely than most established hotspots, including the United States and Western Europe. Gaming has become a popular pastime, a social activity, and a source of technology to other e-commerce sectors as a result of the multifaceted revolution. At the current rate of change, the Middle East is poised to become a major player in the global gaming industry. The

Image
16-December-2016

Church Tragedy: Gov Emmanuel Sets Up Panel of Enquiry

By Dipo Olowookere Governor Udom Emmanuel of Akwa Ibom State has inaugurated a panel of enquiry to deeply look into last Saturday’s church building collapse in Uyo, the state capital. It would be recalled that last weekend, the Governor had a close encounter with death. He was at the Reigners Bible Church for the ordination of the church’s pastor as Bishop when the roof of the church caved in and killed over 25 persons. Inaugurating the eight-member commission in his office, Mr Emmanuel charged the members to investigate the circumstances and role played by persons or institutions that led to

Image
26-May-2021

Naira Further Depreciates at Unregulated FX Window

By Adedapo Adesanya The Naira depreciated against a basket of foreign currencies, the US Dollar, Pound Sterling and Euro, at the unregulated segment of the foreign exchange (FX) market on Tuesday, May 25. At the window, which caters for demands not met by government-regulated channels, the local currency further lost its value against the US currency by N1 as it sold for N487/$1 as against N486/$1 it quoted on Monday. Following the same pattern, the Nigerian currency declined against the Pound Sterling by N1 at the black market to trade at N687/£1 compared to N686/£1 it was sold at the

Ad
Ad
Recent Stories
Image
01-March-2024

Nigeria Wants Share in $350bn Global Outsourcing Market

By Aduragbemi Omiyale The global outsourcing market is estimated to be worth about $350 billion and Nigeria is looking to take a slice of it to address the rising unemployment rate in the country. Before 2023, the National Bureau of Statistics (NBS) put the unemployment rate at about 33 per cent, but in its revised edition, the agency said the rate grew to 5.0 per cent in the third quarter of last year. The outsourcing market is becoming the new oil market and Nigeria, which prides itself as the largest economy in Africa because of its population size of over

Image
01-March-2024

Lokpobiri Charges New NCDMB Council on Growth of Nigeria’s Energy Sector

By Adedapo Adesanya  The Minister of State for Petroleum Resources (Oil), Mr Heineken Lokpobiri, has charged the newly inaugurated fourth Governing Council of the Nigerian Content Development and Monitoring Board (NCDMB) to continue advancing the country’s oil and gas industry. The NCDMB Governing Council is set up under the Nigerian Oil and Gas Industry Content Development (NOGICD) Act and draws membership from representatives of select institutions connected with the energy sector. The fourth NCDMB Governing Council would be chaired by Mr Lokpobiri, while the Executive Secretary of NCDMB, Mr Felix Omatsola Ogbe, would serve as the Secretary. Others are the

Image
01-March-2024

How to Protect Your Crypto From Scams, Hacks

In 2023, it is estimated around $2 billion was lost by investors to scams, rug pulls and hacks. Although the technology is becoming more secure and stable and many users are more aware of the tricks used to steal assets, there are still ways for thieves to extract your crypto if you aren’t careful.   Experts at Smart Betting Guide have provided a guide on the best ways to keep your crypto safe in 2024.  1. Do not store your password and seed phrase on the Cloud   For many people, the best and most convenient way to access crypto is through

Image
01-March-2024

FX Crisis: Nigeria May Slam $10bn Fine on Binance

By Adedapo Adesanya The Nigerian government may be considering a $10 billion fine on Binance, a crypto exchange platform, amid a crackdown on crypto platforms in desperate moves to restore the nation’s battered foreign exchange (FX) market. This information was disclosed by Mr Bayo Onanuga, who is the Special Adviser on Information and Strategy to President Bola Tinubu, in an interview with the British Broadcasting Corporation (BBC) on Friday morning. According to the President’s aide, this was necessary as the Nigerian government believes Binance profited substantially from its “illegal transactions” in the country while the nation suffered huge losses. Mr

Image
01-March-2024

Business Confidence in Nigeria Falls in February Amid Rise in Input Costs

By Modupe Gbadeyanka Business conditions in Nigeria slowed to 51.0 in February 2024 from 54.5 in January 2024, as price pressures intensified in the private sector at an unprecedented pace in over a decade of data collection, the Stanbic IBTC Bank Purchasing Managers’ Index (PMI) has revealed. A statement from the lender disclosed that the improvement in business conditions was the weakest since the recovery in the private sector began last December. It stated that input costs surged higher in the period under consideration as a result of higher fuel prices and exchange rate weakness, which drove up material costs.

Image
01-March-2024

Harvard Business School Introduces Tony Elumelu Foundation Case Study

By Modupe Gbadeyanka A case study to spotlight the role of celebrated African businessman, Mr Tony Elumelu, in transforming the development agenda on the continent through his Tony Elumelu Foundation (TEF) has been introduced by the Harvard Business School. The case study, launched on Thursday, February 29, 2024, will critically look into how the former banker is catalysing entrepreneurship in Africa through his Africapitalism approach. At its unveiling before a class of graduate students at Harvard Business School, Mr Elumelu said, “TEF is creating economic hope and opportunity for African entrepreneurs. We know that entrepreneurship is the solution to youth

Image
01-March-2024

Unlisted Securities Remain in Negative Territory by 1.36%

By Adedapo Adesanya Correction at the NASD Over-the-Counter (OTC) Securities Exchange continued as it recorded a 1.36 per cent loss on Thursday, February 29. The bourse lost N21.34 million of its value during the trading session to close at N1.542 trillion compared with the preceding day’s N1.564 trillion and the NASD Unlisted Security Index (NSI) went down by 15.74 points to end the day at 1,138.05 points versus Wednesday’s 1,153.79 points. Yesterday’s decline was influenced by Aradel Holdings Plc, which further suffered further profit-taking, causing its price to drop N98.25 to close at N2,401.75 per share versus the preceding session’s

Image
01-March-2024

Naira Firms to N1,595/$1 at NAFEX, Weakens to N1,500/$1 at Black Market

By Adedapo Adesanya The Naira ended a tumultuous February as it recorded a price appreciation f 0.09 per cent or N14.40 against the US Dollar on Thursday, February 29, in the Nigerian Autonomous Foreign Exchange Market (NAFEM). Data obtained from the FMDQ Securities Exchange showed that the value of the local currency closed at N1,595.11/$1 during the session compared with the preceding day’s N1,609.51/$1. Also, the Nigerian currency improved its value against the Pound Sterling in the official market yesterday by N20.34 to close at N2,046.19/£1 compared with the preceding session’s N2,066.53/£1 and strengthened against the Euro by N16.5 to

Image
01-March-2024

Oil Down as US Inflation Signals Weak Crude Demand

By Adedapo Adesanya  Oil was down on Thursday as inflation data in the United States implied a softening of the world’s biggest economy that could weaken crude demand. Brent futures went down by 6 cents to $83.62 a barrel and the US West Texas Intermediate (WTI) futures depreciated by 28 cents to $78.26 a barrel. The US Federal Reserve’s preferred inflation gauge, the US Personal Consumption Expenditures (PCE) index, showed January inflation in line with economists’ expectations. The index rose 0.3 per cent last month, the Commerce Department’s Bureau of Economic Analysis said. Data for December was revised lower to

Image
01-March-2024

Local Stock Market Rebounds, Closes Last Day of February 0.68% Higher

By Dipo Olowookere The last trading session of February 2024 at the Nigerian Exchange (NGX) Limited ended on a positive note as it rebounded by 0.68 per cent after the interest rate hike scare. The growth posted on Thursday was triggered by bargain-hunting in financial stocks, especially those selling at cheaper prices after the sell-offs in the past few sessions. However, profit-taking persisted in the other sectors of the bourse, with the energy, and consumer goods indices closing lower by 0.33 per cent, and 0.18 per cent, respectively. Business Post reports that the banking space rose by 6.14 per cent,