The Nigerian Stock Exchange (NSE) has given the management of Ikeja Hotels the approval to resume trading after reviewing the two-year suspension placed on the shares of the company on Nov. 10, 2016. According to a ‘facts behind the restructuring’ document released by Ms Tinuade Awe, NSE Executive Director Regulation, trading would commence on the shares of the company on May 21. The News Agency of Nigeria (NAN) reports that the exchange, on Nov. 10, 2016, suspended trading on the shares of Ikeja Hotels due to a dispute among the…
Read MoreDay: May 19, 2018
Saraki, Lai Mohammed divide Kwara APC with parallel state congress
Senate President Dr Bukola Saraki and Minister of Information and Culture, Alhaji Lai Mohammed are in serious battle for the soul of All Progressives Congress (APC) in Kwara, with both participating in parallel state congress in Ilorin on Saturday, to elect state executives. The News Agency of Nigeria (NAN) reports that while the faction loyal to Saraki held its congress at the Banquet Hall opposite the Government House, the faction loyal to Lai Mohammed, held theirs at the Arca Santa Event Hall. Gov. Abdulfatah Ahmed, APC National Publicity Secretary, Bolaji…
Read MoreBuhari congratulates Falana at 60
President Muhammadu Buhari on Saturday congratulated Mr Femi Falana, SAN, an erudite lawyer and human rights activist,on his 60th birthday. The President in a statement by his Special Adviser on Media and Publicity, Mr Femi Adesina joined family members, friends and professional colleagues of the cerebral lawyer in celebrating the milestone. The president noted with delight that Falana’s career as a lawyer had been marked with honours and awards for forthrightness and advocacy for the good of every Nigerian. He therefore commended his sense of patriotism over the years, and…
Read MoreFA Cup: 3 lessons learnt from Chelsea’s victory
Chelsea beat Manchester United 1-0 in the FA Cup final on Saturday as Eden Hazard scored the winner with a first-half penalty.Here are three lessons from the Wembley showpiece: Conte out-wits Mourinho In what could prove to be his final match as Chelsea manager, Antonio Conte enjoyed a sweet moment of vindication as he won his battle with old rival Jose Mourinho. Conte had spent much of the season locked in a vitriolic feud with United boss Mourinho and although both claimed to have buried the hatchet this week, there…
Read MoreMelania Trump out of hospital
US President Donald Trump’s wife, Melania Trump, returned to the White House on Saturday after undergoing a surgical procedure this week to treat a benign kidney condition, her office said. The first lady, 48, had been recovering at Walter Reed medical center since Monday, when she underwent an embolization procedure to treat the kidney condition. Spokeswoman Stephanie Grisham said in a statement that Melania Trump returned to the White House on Saturday morning. “She is resting comfortably and remains in high spirits,” Grisham said. “Our office has received thousands of…
Read MoreEdegware Foundation declares total support for Okowa’s reelection in 2019
…no rivalry to Okowa’s electoral victory By Grandball Joel Grand patron of Mike Edegware Foundation, MEF, Chief Mike Edegware and the entire foundation members have declared their unalloyed support to the reelection bid of the Delta State, governor Sen. Dr. Ifeanyi Okowa in the 2019 general election. Edegware, secretary to the Delta State Board of Internal Revenue, DBIR in a chat with newsmen upheld that the victory of Dr. Ifeanyi Okowa in 2019 is non-negotiable. According to him, the tremendous achievements of the smart governor in infrastructural and Human Capital…
Read MoreAbortion clinics to lose funding under new Donald Trump rule
Anti-abortion activists won a major victory Friday when President Donald Trump’s administration announced plans for a rule that would cut federal funding to hundreds of US clinics providing the service. “We thank President Trump for taking action to disentangle taxpayers from the abortion business,” said Marjorie Dannenfelser, president of Susan B. Anthony List, an anti-abortion group. Federal funds are already barred from directly financing abortions, but clinics have been able to obtain public money for their other activities, such as consultations, contraception and screenings for sexually transmitted diseases. The proposed…
Read MoreJerusalem as capital of Israel, how sustainable?
Jerusalem is now the capital of Israel. Yay! Echoed by some people around the world and boos! From some. Is Palestine a Muslim enclave? Only two per cent of Israelis are Christians about 172,000. And for some people who love to take side with the Palestinian cause on religious divide, they should know that about seven per cent of Palestinians are Christians, about 850,000 in number. And so there are more Christians in Palestine than there are in Israel. When Joshua and the surviving Israelis entered Palestine after 40 years…
Read MoreCross River forecasts N100b revenue from rice city project
Governor Ben Ayade of Cross River said that the State Rice City Project is expected to generate at least N70 billion yearly with full federal government patronage. Ayade made the forecast during a test run of the project at the Ayade Industrial Park, Calabar on Friday. According to him, the project will be certified ready for commercial activities in June and urged other states and the federal government to patronize the factory. “When I told Crossriverians that my ambition was to restructure the state from over dependence on federal allocation,…
Read MoreBayelsa denies APC use of stadium
The All Progressives Congress (APC) has accused the Bayelsa state government of denying it the use of the multipurpose hall within the stadium for its state congress. Mr Preye Aganaba, a member of APC National Convention Committee, said on Friday in Abuja that the Bayelsa Government was doing everything possible to frustrate the conduct of APC State Congress slated for today. He said the party in Bayelsa applied for the use of the facility officially and added that the state government has no reasons to deny APC the use of…
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