PDP NWC constitutes caretaker committee for Ondo

The National Working Committee of the Peoples Democratic Party, on Thursday, constituted the State Caretaker Committee for the Ondo State chapter of the party. This was according to a statement obtained by our correspondent and signed by the National Publicity Secretary of the party, Debo Ologunagba. The statement noted that …

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Jumia cuts loss to $20.2m

E-commerce platform, Jumia Technologies AG, has reported a reduction of its operating loss by eight per cent year-over-year to $20.2m despite economic challenges. In a statement, Jumia explained the impact of the volatile economic landscape on its operations, including a decline in revenue and a slight decrease in gross merchandise …

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Former CAF President Issa Hayatou is dead

Former President of the Confederation of African Football (CAF), Issa Hayatou died on Thursday at the age of 77. Hayatou was CAF president between 1988 and 2017. CAF President, Dr Patrice Motsepe mourned the demise of Hayatou, saying he is saddened by the passing of former CAF President. Motsepe said: …

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Lagos to constitute taskforce to tackle street trading

The Lagos State Environmental Sanitation Corps (LAGESC) has said it will constitute a taskforce to help tackle the menace of street trading across the state. Major Olaniyi Olatunbosun Cole (Rtd), LAGESC Corps Marshal, announced this during a periodic stakeholder engagement with Lagos Central Senatorial District stakeholders, aimed at seeking the …

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Tinubu: Mining companies must prioritize health, safety of Nigerians

President Bola Tinubu has said his administration will ensure that companies engaged in mineral exploration prioritize the health and safety of Nigerians and the host communities. The President stated this while receiving a presentation titled, ‘Harnessing the Mining Industry for Enhanced National Security and Development: Strategic Options for Nigeria by …

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What Innoson boss said about Tinubu

The Chief Executive Officer of Innoson Vehicle Manufacturing, Innocent Chukwuma says that the policies of the President Bola Tinubu-led administration will yield positive outcomes. Chukwuma expressed his confidence in Tinubu’s capability while addressing reporters after a meeting with President Tinubu at the State House. He urged Nigerians to be patient …

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Naira rises to N1,590/$ in parallel market

The Naira yesterday appreciated to N1,590 per dollar in the parallel market from N1,595 per dollar on Wednesday. Similarly, the Naira yesterday appreciated to N1,596.52 per dollar in the Nigerian Autonomous Foreign Exchange Market, NAFEM. Data from FMDQ showed that the indicative exchange rate for NAFEM fell to N1,593.62 per …

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