The Nation Newspaper Today Headline Thursday 5th December 2019

The Nation Newspaper Today Headline Thursday 5th December 2019

The Nation Newspaper Today Headline and news Dailies Update on current affairs happening now in Nigeria today 05/12/19

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Banking stocks extend equities’ decline

Taofik Salako, Capital Market Editor   NIGERIAN equities witnessed considerable resurgence on Wednesday but losses recorded by highly influential banking sector coloured the overall market position, extending the decline at the stock market to its third consecutive trading session. With more advancers than decliners, most sectoral indices closed on the upside as bargain-hunters returned to

Capital market key to development goals, says NSE

Taofik Salako, Capital Market Editor   THE capital market has a critical role to play in the achievement of sustainable socio-economic growth and development in Nigeria, the Nigerian Stock Exchange (NSE) has reiterated. At the award ceremony of the 19th NSE Essay Competition for Senior Secondary Schools in Nigeria on Wednesday in Lagos, the NSE

Social media bill: Top Nigerians in ‘support’, ‘against’ the bill

Alao Abiodun For the past few weeks, the social media bill, titled; ‘Protection from internet falsehood and manipulations bill’ as sponsored by Sen. Mohammed Sani Musa, a member of the ruling All Progressives Congress, APC, representing Niger East Senatorial District has been a subject of discourse. ALAO ABIODUN writes The controversial social media bill has

Lagos: Burden of a former federal capital

In 1992, Lagos lost its status as the federal capital. Its loss is Abuja’s gain. Despite cries for it to be granted a special status, Lagos, more or less, has been abandoned, writes EMMANUEL OLADESU Lagos, the former Federal Capital Territory and the fifth largest economy in Africa, is in pains. When will it get

Stanbic IBTC attracts $1.6b capital Inflow in Q3, says NBS

Collins Nweze   STANBIC IBTC Bank PLC, a subsidiary of Stanbic IBTC Holdings PLC, has emerged as the financial institution that attracted the highest amount of capital investment in the third quarter of 2019. This was contained in the Nigerian Capital Importation report of the Nigerian Bureau of Statistics. According to the report, Stanbic IBTC

BREAKING: Sea pirates seize 19 expatriates on board vessel in Rivers

Bisi Olaniyi, Port Harcourt Sea pirates have seized nineteen expatriates on board of a vessel loaded with Bonny Light crude oil, seventy nautical miles from Bonny Island in Rivers State, shortly after loading at the offshore facility of Shell Petroleum Development Company of Nigeria Limited (SPDC). The victims comprising 18 Indians and one Turkish, with

Customs disowns online lists of shortlisted applicants

Muyiwa Lucas   Nigeria Customs Service (NCS) on Wednesday dissociated itself from some lists of “successful applicants” for its recruitment. It described the release of the lists as the handiwork of fraudsters. Joseph Attah, NCS National Public Relations Officer, announced this in a statement to The Nation. He described it as an “attempt to deceive

Adeyemi replaces Melaye at Senate

Sanni Onogu, Abuja   Senate President Ahmad Lawan on Wednesday swore in Senator Smart Adeyemi to represent Kogi West. Adeyemi, of the ruling All Progressives Congress (APC), won the recent by-election conducted in the district by the Independent National Electoral Commission (INEC). He defeated Senator Dino Melaye, of the Peoples Democratic Party (PDP), who earlier

BREAKING: Pipeline explosion in Lagos

Precious Igbonwelundu A pipeline explosion has occurred at Gloryland Estate, Isheri Olofin, Egbe-Idimu Local Council Development Area of Lagos. Video of the incident shows residents of the area scampering to safety. More details later  

Three law experts to U.S. House committee: president should be removed

THE impeachment investigation into Donald Trump has entered a new phase as the House Judiciary Committee began hearings into his conduct. Four experts on constitutional law, three picked by Democrats and one by the Republicans, are giving their take on whether he should be impeached. The lone Republican-backed professor said Trump’s actions were wrong, but

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