Stock market extends gain by N77bn
Nigerian stocks on Wednesday sustained its positive outlook as the overall performance measures, NSE ASI and market capitalisation, rose further by 0.71 per cent each. Market watchers attributed the development to renew of confidence as bargain hunters leverage undervalued stocks. Consequently, the All-Share Index gained 148.07 basis points or 0.71 per cent to close at…
Boko Haram targets army location, scores killed
Troops of Operation Lafiya Dole in the North-East have engaged some Boko Haram terrorists who attempted to infiltrate the Nigerian Army location at 3 Battalion in the Gamboru area of Borno State, during which scores of the fighters were shot dead. The Defence Headquarters, Abuja, said on Wednesday that the Boko Haram and Islamic State…
FG slashes 2020 budget
The Federal Government has sent a revised budget to the National Assembly, cutting down some costs in view of the coronavirus pandemic in Nigeria. A top source in the National Assembly shared a copy of the revised 2020 budget on Wednesday, noting that a meeting was ongoing between the leadership of the National Assembly and…
Fear grips medical workers as LUTH, UITH isolate 40
The Lagos University Teaching Hospital, Idi-Araba and the University of Ilorin Teaching Hospital have put no fewer than 40 health workers, including doctors and nurses, in isolation following their contact with people infected with COVID-19. LUTH’s Chairman of the Medical Advisory Council, Prof Wasiu Adeyemo, on Tuesday, told journalists that 12 workers of the health…