Liberia suspends Ebola curfew to allow New Year’s Eve worship
Liberia’s government has suspended for one night a curfew imposed to curb the spread of Ebola, so that New Year’s Eve church services can go ahead, Deputy Information Minister Isaac Jackson said.
The government introduced the curfew in September at the height of an epidemic that has killed more than 3,400 people in Liberia and at least 4,400 more in Sierra Leone and Guinea, according to World Health Organisation figures. Read more
Northern yam farmers to raise N5b for Buhari
A group of yam farmers from 10 northern states in the country have pledged N5 billion in support of campaign of the All Progressives Congress (APC) Presidential Candidate, Muhammadu Buhari, for 2015 general elections.
The group disclosed this in a statement made available to the News Agency of Nigeria (NAN) in Jos on Tuesday. Read more
Nestle, Seplat, Guinness, others gain as stock market rises by 0.06%
Nigeria’s stock market closed positive yesterday by 0.06 percent driven by gains recorded in share prices of Nestle Nigeria plc, Seplat Petroleum Development Company plc, Guinness Nigeria plc, Nigerian Breweries plc and Mobil Oil Nigeria plc.
After yesterday’s trading, 23 stocks gained on the Nigerian bourse while 29 equities lost their value.
Nestle led the pack of23 stocks that recorded price increase after its share price rallied from N995 to N1,043, adding N48; followed by Seplat which recorded gain of N16.88 after its share price moved up from N355.12 to N372. Read more
Indonesia scraps fuel subsidy from 1 January
Indonesia’s government will scrap its gasoline subsidy from January 1 to free up more funds to boost the slowing economy, a senior minister said Wednesday.
The prices of gasoline and diesel in Southeast Asia’s biggest economy will float following the market price and will be reviewed monthly, Chief Economic Minister Sofyan Djalil said. Read more
Naira dips N1.50k against dollar at inter-bank market
The nation’s currency, the naira, on Tuesday weakened further against the US dollar by N1.50k/$ or 0.81 percent at the inter-bank market.
After trading on Tuesday, the local currency closed at N184.60k/$ compared to N183.10k/$ the previous day at the inter-bank foreign exchange market, data from Financial Markets Dealers Quotations (FMDQ) have revealed. Read more
Drug makers succumb to economic uncertainties as growth slows
Nigerian drug makers have succumbed to economic uncertainties culminating in rising cost which has stunted growth, analysis by BusinessDay shows.
Data compiled by BusinessDay show that four quoted drug makers in the third quarter of 2014 recorded a single digit 7 percent rise in sales to N33.52 billion, compared to the 15 percent growth recorded in the corresponding 2013 period. Read more
2015: Ambode will do better than me, says Fashola
Governor Babatunde Fashola of Lagos State says Akinwunmi Ambode, the governorship candidate of the All Progressives Congress (APC) in the 2015 elections, will do better than himself if voted into power.
Fashola made the assertion when he met with tradesmen, artisans and farmers in Lagos on Tuesday, saying he was also certain that Ambode will not only start from where he will stop, but raise the bar far beyond his achievements of the last eight years. Read more
Senate in dilemma over video evidence of NASS police invasion
On November 20, police threw a security cordon around the National Assembly (NASS) and in the process prevented some lawmakers from accessing their offices. Incensed lawmakers thereafter demanded a thorough investigation of the unfortunate incident because one, it had never happened in the history of the Fourth Republic that security men would blatantly take over the premises of the National Assembly and secondly, bar legislators from gaining entry into the complex. Thirdly, presiding officers and their colleagues were even tear-gassed in the process. Read more
Mother of 2 Killed By Gunmen In Kaduna
Gunmen yesterday morning attacked Angwan Dauda community in Sanga Local Government Area in Kaduna State, killing a mother of two children and injuring scores of people.
A resident of the community, Mr. Bezard, told our correspondent that the gunmen attacked the village in the early hour of yesterday morning. Read more
NDLEA Arrests 184, Seizes 6,821.4kg in Kogi
The Kogi Command of the National Drug Law Enforcement Agency (NDLEA), on Monday, said it had arrested 184 suspects in connection with drug-related offences from January to December, 2014.
Alhaji Idris Bello, commander of the agency in Kogi State, who disclosed this in a statement made available to newsmen in Lokoja, said a total seizure of 6,821.424kg of illicit drugs was recorded during the period. Read more
2015: Nigerian economy remains strong – LCCI
The Lagos Chamber of Commerce and Industry (LCCI) has stated that the Nigerian economy in 2015 parades stronger emerging market characteristics than any other countries in Africa due to its compelling drivers, and therefore remains strong as one of the emerging investment destinations in the world
LCCI’s Director General, Muda Yusuf, while speaking on the 2014 economic review and outlook for 2015 in Lagos on Monday, stated that Nigeria with impressive feats on moderation of inflation rate, improvement in per capita income, sustained strong growth, stable democracy and robust demand are noteworthy in 2015. Read more
US and Israeli intervention led UN to reject Palestinian resolution
The UN Security Council rejected a Palestinian resolution demanding an end to Israeli occupation within three years after Israel and the US crucially intervened to persuade Nigeria to abstain from voting.
Palestinian officials and other observers had thought Nigeria would back a Jordanian-tabled resolution, thereby delivering a nine-vote majority on the council which would have required a US veto to be blocked. Washington had been working strenuously to avoid having to use its veto. Read more
Court stops INEC from publishing names of Ondo PDP candidates
A Federal High Court in Abuja, on Tuesday, stopped the Independent National Electoral Commission [INEC] from publishing names of candidates of the Peoples Democratic Party [PDP] for national and state Assembly election from Ondo State.
The court, presided over by Justice Ahmed Mohammed, issued the order after listening to contempt proceedings initiated against the electoral body by the Olu Ogunye-led executive and some aspirants to the House of Representatives. Read more
Saudi King Abdullah Admitted to Hospital for Tests
The official Saudi Press Agency says King Abdullah has been admitted to a hospital for medical tests.
The news agency, citing a royal statement, says the king was admitted Wednesday to the National Guard’s King Abdulaziz Medical City hospital in the capital Riyadh. The statement did not disclose further details. Read more
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