Saturday, February 17, 2018

Oluseyi Awojulugbe

    NPA gives NAFDAC, SON 24 hours to vacate ports

NPA gives NAFDAC, SON 24 hours to vacate ports

The Nigerian Ports Authority (NPA) has given some agencies a 24-hour ultimatum to vacate seaports.Among the affected agencies are National Agency for Food, Drug Administration and Control (NAFDAC) and Standard Organisation of Nigeria (SON).According to a statement signed by Abdullahi Goje, general manager, corporate and strategic communications of NPA, the directive is in line with a new order issued to [...]

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    14 Nigerian songs to help you get in Valentine spirit

14 Nigerian songs to help you get in Valentine spirit

Valentine’s Day is just around the corner and just like food and gifts, music is an important part of the celebration.No matter what plans you have for your loved one, music is what you need to set the mood right. If you are single, there’s no harm in enjoying good music and feeling good. [...]

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    AMCON takes over Daily Times Plc

AMCON takes over Daily Times Plc

The Asset Management Corporation of Nigeria (AMCON) has taken over the assets of Daily Times Nigeria  Plc, a media establishment.According to a statement signed by Jude Nwauzor, AMCON spokesman, Gbenga Fakoya took over the assets on behalf of AMCON on Monday.The federal government owned 96.05 percent shares of Daily Times before it was sold to Folio Communications Limited  in 2004 [...]

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    Women who hit menopause before 45 have higher risk of stroke

Women who hit menopause before 45 have higher risk of stroke

A new study has found that women are most susceptible to stroke than men because of factors like early menstruation and menopause.Stroke is a brain attack that occurs when blood flow to an area of brain is cut off. [...]

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    Oil falls below $60— Nigeria safe for now

Oil falls below $60— Nigeria safe for now

The global crude oil market seems not to have recovered from the fears of another supply glut as West Texas Intermediate (WTI) fell below $60 on Tuesday.Brent crude, the international benchmark of crude oil, traded at $62; a safe place for Nigeria, whose Bonny Light oil is priced the same as Brent crude. [...]

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    VIDEO: Obama unveils presidential portrait painted by Nigerian

VIDEO: Obama unveils presidential portrait painted by Nigerian

Barack and Michelle Obama unveiled their official portraits at the Smithsonian’s National Portrait Gallery on Monday.The former US president and his wife selected Kehinde Wiley and Amy Sherald for the paintings, which will be among the gallery’s collection of presidential portraits. [...]

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    Adeosun to address UN conference on tax, revenue leakages

Adeosun to address UN conference on tax, revenue leakages

Kemi Adeosun, minister of finance, will be speaking at the Platform for Collaboration on Tax Conference at the UN headquarters in New York.The conference is organised by the US, Organisation for Economic Cooperation and Development (OECD), International Monetary Fund (IMF) and the World Bank.The conference, taking place on Thursday, is themed 'Taxation and the Sustainable Development Goals (SDGs)'.Pascal Saint-Amans, director [...]

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    Movie adaptation of Tafawa Balewa’s book to be screened at Berlin Film Festival

Movie adaptation of Tafawa Balewa’s book to be screened at Berlin Film Festival

A movie adaptation of ‘Shehu Umaru’, book written by Tafawa Balewa has been listed for screening at the 2018 Berlin International Film Festival in Germany.Tafawa Balewa was a prime minister in Nigeria’s First Republic. [...]

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    Accredit your programmes or face sanctions, NUC warns Plateau State University

Accredit your programmes or face sanctions, NUC warns Plateau State University

The National Universities Commission (NUC) has given the Plateau State University up till the end of May to get its programmes accredited or face sanctions.Speaking at a press conference to mark the end of his five-year tenure on Monday, Dokan Sheni, vice chancellor of the university, said none of the programmes offered at the university has been accredited since the [...]

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    Eniola Badmus emerges winner of Celebrity Housemates reality show

Eniola Badmus emerges winner of Celebrity Housemates reality show

Eniola Badmus, Nollywood actress, was on Sunday announced winner of the maiden edition of Celebrity Housemates reality TV show.The show, which aired on DSTV channels 252 and 256, began on January 12. [...]

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    NSE approves delisting of Seven-Up

NSE approves delisting of Seven-Up

The Nigerian Stock Exchange has approved the delisting of shares belonging to Seven Up Bottling Company.The company had filed an application to delist its shares from the bourse and end its 32-year journey as a publicly listed company.According to court order papers posted on the exchange's website, all shares belonging to Seven-Up will be transferred to Affelka SA.Affelka is the [...]

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    Arik Air to reduce ticket fare — only for early birds

Arik Air to reduce ticket fare — only for early birds

The management of Arik Air says it will reduce fare of tickets for any domestic flights booked at least seven days before departure.In a statement received by TheCable, the airline said customers can now purchase one-way ticket for N16,000 on its website."The super saver fare is aimed at enabling more Nigerians experience air travel and reduce the stress of traveling [...]

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    Royal Hibiscus Hotel, Den of Thieves… 10 movies you should see this weekend

Royal Hibiscus Hotel, Den of Thieves… 10 movies you should see this weekend

Some movies leave one with a feeling of glee while some poorly executed flicks make one want to puke, punch someone and throw a tantrum – all at once.To help you avoid such a situation that’d leave you fuming out of the cinema in utter disgust, TheCable Lifestyle recommends the following movies. [...]

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    Crude oil loses $3 in a week — good and bad news for Nigeria

Crude oil loses $3 in a week — good and bad news for Nigeria

The price of Brent crude -- the equivalent Nigeria's Bonny light -- has dropped by $3.31 between Monday and Friday after weeks of sustained rise. [...]

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    UNN to unveil laptop assembly line at debut science workshop

UNN to unveil laptop assembly line at debut science workshop

The management of the University of Nigeria (UNN) says it will unveil its laptop assembly line at an international science workshop that will be hosted by the university.Lion laptop is the first indigenous laptop to be promoted by a Nigerian university.In a statement, Kenneth Ofokansi, director, international collaborations for the university, said the workshop is the result of a partnership with [...]

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    Adeosun: Regular tax payment can protect Nigeria’s economy

Adeosun: Regular tax payment can protect Nigeria’s economy

Kemi Adeosun, minister of finance, says regular tax payment by all economically active citizens can protect Nigeria from the shocks associated with commodity boom and bust cycles.The minister spoke while providing more enlightenment about the Voluntary Assets and Income Declaration Scheme (VAIDS) in Enugu on Thursday.The Enugu state government, led by Ifeanyi Ugwuanyi, played host to the minister.In 2016, Nigeria's economy [...]

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Exchange Rates

Feb 16, 2018USDGBPEUR
INTERBANK360.45487.18428.32
LAGOS364497448
KANO364495430
PH363498435
ABUJA365497434
NOTE: The black market rates represent the most prevalent. They could be slightly higher or lower among different sellers.
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