Author: NPO Admin I
By Halimah Olamide Africa’s Global bank, United Bank for Africa (UBA) Plc, has enjoined the rest of the world on Friday, May 24, 2024, to mark this year’s edition of the Africa Day. The celebration which went on concurrently across all of its subsidiaries in Africa as well as in the United Kingdom, France, United States of America and the United Arab Emirates, had the underlying theme: Education Fit for the 21st Century. To mark the event, staff members were dressed in colourful African attire displaying the cultural diversity of the employees of United Bank for Africa. There were dance…
By Halimah Olamide President Bola Tinubu on Saturday read riots acts over the attacks on soldiers in Abia state during the week. The President in a statement personally signed, said the fact that security agents exercise restraint should not be mistaken as signs of weakness. He described “unwarranted, barbaric and evil acts” the killing which he also said stand condemned and should never be condoned and tolerated in Nigeria. Read Full Text Statement of Statement: I have received yet another disheartening news of the killing of five soldiers by suspected militants of the proscribed terrorist organization, IPOB. The slain soldiers…
By Halimah Olamide Some people have helped Chioma in ways that are simply profound and humbling Counsel to Mrs Chioma Okoli the woman detained over her review of Erisco tomato products has been freed on bail. Her lawyer, Inibehe Effiong in an update released on Saturday disclosed that she was released from the custodial center in Suleja where she was being kept. NPO Reported earlier that Chioma had miscarriage while in detention. “We perfected the bail of Chioma Okoli yesterday, and also successfully secured her release from the Medium Security Custodial Centre in Suleja, Niger State where she was remanded…
By Yekini-Oropo Yetunde Two robbery gang members who have operated in the Abuja environs have confessed to the police how they had carried out their criminal operations in the last 22 years. Chukwudi Nbachukwu 47 and Chukwuma Okeke, 41, were arrested by Force Intelligence operatives. In their confessions, they revealed their various modes of operations. The police wrote on the duo, “Chukwudi Nbachukwu, a 47-year-old native of Enugu residing in Madala, Niger State, and Chukwuma Okeke, a 41-year-old native of Ebonyi State living in Abuja, have been apprehended by operatives of the Force Intelligence Department – Intelligence Response Team (FID-IRT).…
By Halimah Olamide Marian Robbinson, mother of former United States First Lady, Michelle Obama, has died at the age of 86. Mrs. Obama wrote today, “My mom Marian Robinson was my rock, always there for whatever I needed. She was the same steady backstop for our entire family, and we are heartbroken to share she passed away today. We wanted to offer some reflections on her remarkable life.” Also writing, her husband, Barack, said “There was and will be only one Marian Robinson. In our sadness, we are lifted up by the extraordinary gift of her life. And we will…
Agency Report The equity market closed on a positive note on Friday, increasing the market capitalisation by 0.02 per cent due to investors’ sentiment for banking, insurance and consumer stocks. Specifically, the market capitalisation, which opened at N56.158 trillion, rose by N14 billion or 0.02 per cent to settle at N56.172 trillion. The All-Share Index also went up by 0.02 per cent or 24.4 points to close at 99,300.38, compared to 99,276.03 recorded on Thursday. Consequently, the Year-To-Date (YTD) return advanced to 37.28 per cent. Also, the market breadth closed positive with 23 gainers and 15 losers on the floor…
By Halimah Olamide The Ministry of Aviation and Aerospace Development has said the $300 helicopter landing levy collection by its concessionaire has been suspended. Head, Press and Public Affairs Unit of the ministry, Mr. Odutayo Oluseyi, disclosed this in a statement issued to newsmen on Friday in Lagos. Oluseyi said that the collection of the levy was temporarily halted to allow the ministry to address pressing concerns raised by industry players. “We want to set the record straight here by stating that the Minister, Mr Festus Keyamo, (SAN), temporarily suspended the project to take a deeper look into issues raised…
Agency Report In a resounding call to action, the Seventy-seventh World Health Assembly has recognised climate change as an imminent threat to global health. In a statement on Friday, it passed a resolution that underscored the urgent need for decisive measures to confront the profound health risks posed by climate change. It said that the resolution, supported by Member States, presented an overview of the existential threat that climate change posed to human health. “The assembly asserts that radical action is imperative to safeguard the health of the planet, underscoring the interdependence of environmental sustainability and public health,” it said.…
US President Joe Biden has urged Hamas to accept a new Israeli proposal to end the conflict in Gaza, saying that “it’s time for this war to end”. The three-part proposal would begin with a six-week ceasefire in which the Israel Defense Forces (IDF) would withdraw from populated areas of Gaza. There would also be a “surge” of humanitarian aid, as well as an exchange of some hostages for Palestinian prisoners. The deal would eventually lead to a permanent “cessation of hostilities” and a major reconstruction plan for Gaza. Hamas said it views the proposal “positively”. Speaking at the White…
Saudi Arabia has invited OPEC+ oil ministers to Riyadh to hold their June 2 policy meeting to discuss a complex deal that may extend deep oil production cuts into 2025, sources from the producer group told Reuters on Friday. Kazakhstan’s energy minister Almasadam Satkaliev will travel to Riyadh, Shyngys Ilyasov, an adviser to the minister, told Reuters by phone. The adviser did not say how many other OPEC+ ministers would attend. The Organization of the Petroleum Exporting Countries led by Saudi Arabia and allies including Russia, known as OPEC+, has made a series of output cuts since late 2022 amid…