Author: darelasisi@gmail.com

A truck loaded with petroleum product has exploded at Upper Iweka, Onitsha in Anambra State. Source said the truck lost control and rammed into the wall of the popular Toronto Hospital at Upper-Iweka before exploding. The state police command’s Public Relations Officer, SP Haruna Mohammed, confirmed the incident, saying that the state police commissioner, John Abang, has just arrived the scene for on-the-zpot assessment. DAILY POST gathered that the Fire Service department has been contacted but were yet to arrive the scene at the time of filing this report. Also, the Sector Commander, Federal Road Safety Commission (FRSC), Anambra Command,…

The Nigerian equities market on Wednesday extended negative posture with the crucial market indicators dropping further by 0.16 per cent. Speficially, the All Share Index dipped 41.45 points or 0.16 per cent to close at 26,472.20 against 26,513.65 achieved on Tuesday. Also, investors lost N21 billion in value as market capitalisation closed lower at N12.886 trillion against N12.907 trillion. The downturn was impacted by losses recorded in medium and large capitalised stocks, among which are Stanbic IBTC Holdings, Lafarge Africa, MTN Communications Nigeria, Ecobank Transnational Incorporated (ETI) and Sterling Bank. Speaking on market performance, Mr Ambrose Omordion, Chief Operating Officer,…

Guaranty Trust Bank plc has released its unaudited financial results for the period ended September 30, 2019 to the Nigerian and London Stock Exchanges. A review of the results shows positive performance across all financial indices, reaffirming the Bank’s position as one of the most profitable and well managed financial institutions in Nigeria. Profit before tax stood at ₦170.7billion, representing a growth of 3.9% over ₦164.2billion recorded in the corresponding period of September 2018. The Bank’s Loan Book grew by 9.2% from ₦1.262trillion recorded as at December 2018 to ₦1.378trillion in September 2019, while customers’ deposit rose by 5.1% to…

President of the Senate, Ahmad Ibrahim Lawan has said the relationship between the Executive and Legislative arms of government received an unprecedented boost with the coming of the 9th National Assembly. According to Lawan, both chambers of the Legislature presently enjoy the highest level of cooperation from the executive arm of government since Nigeria’s return to democracy in 1999. Lawan stated this in his concluding remarks on Tuesday before the Senate adjourned sitting till October 29, 2019. He said: “This is the first time when a President will announce that none of his Ministers or any head of agencies should…

President Muhammadu Buhari has approved the appointment of six new aides for the First Lady, Aisha Buhari. The appointments take immediate effect, a terse statement by Suleiman Haruna, a director in the Office of The First Lady, said on Wednesday. The new aides and their designations are as follows: 1) Dr. Mairo Almakura – Special Assistant on African First Ladies Peace Mission (AFLPM) 2) Muhammed Albishir – Special Assistant on Organization of African First Ladies for Development (OAFLAD) 3) Wole Aboderin – Special Assistant on Non-Governmental Organizations 4) Barr. Aiyu Abdullahi – Special Assistant on Media and Publicity 5) Zainab…

Gov. Aminu Bello Masari of Katsina State, said on Wednesday that civil servants in the state deserve to be paid the new national minimum wage. “Katsina civil servants actually need the new minimum wage as they have been putting in their best to move the state forward,” Masari said at the opening of the 5th quadrennial delegates conference of the state medical and health workers union, in Katsina. Masari explained that inflation and other economic leakages had eaten into the current N18, 000 minimum wage. He however urged union leaders to be considerate and show maturity in their agitation, “as…

Bauchi State governor, Bala Mohammed , has effected a minor reshuffle of his cabinet. In a press statement issued on Wednesday, Mr Mukhtar Gidado, his Senior Special Assistant on Media, said the changes were made after the weekly State Executive Council meeting. He said the changes affected Nura Manu Soro, moved from Ministry of Finance and Economic Development to Ministry of Youth and Sports Development; Umar Adamu, from Ministry of Water Resources, to Ministry of Finance and Economic Development, as well as Jadauna Tula, from Ministry of Small and Medium Scale Enterprises, to Ministry of Water Resources. News Agency of…

IBADAN – Oyo state Governor Seyi Makinde has said that politicians are already advising him not to take hard decisions because of second term. Mr Makinde assumed office on May 29, 2019 and his four-year term runs out in 2023. But, less than six months in office, he’s already under intense pressure not to take certain hard decisions so as to have better chances of being voted for second term. The governor disclosed this while performing two separate functions in his office on Wednesday. Makinde however, vowed that his administration will not shy away from taking hard decisions in order…

The Head of Public Affairs of NAHCON, Mrs Fatima Usara, disclosed this in an interview with the News Agency of Nigeria (NAN) on Wednesday in Abuja. Usara explained that the  ideas was to assist intending pilgrims to save for their Hajj plans. According to her, the policy is yet to be firmed up for the 2020 exercise. Usara said the idea would provide an avenue for low income earners wishing to perform Hajj in the future to deposit their money with the commission  from time-to-time before the due date for the exercise. She also said that the commission was yet…

The Federal Government says it has deported seven nationals of Democratic People’s Republic of Korea (DPRK) back to their country. Mr Sunday James, Public Relations’ Officer (PRO), Nigeria Immigration Service (NIS), disclosed this in a statement on Wednesday in Abuja. “The Comptroller General, NIS Mr Muhammad Babandede, has carried out the deportation of seven DPRK nationals from Nigeria for life,” he said. James, however, did not indicate the reasons for the deportation. According to him, some of the deported Koreans include; Jo Sun Phil, Jang Sung Chol, Che Chun Hyok, Pak Yong Gon, R I Yong Il and Ri Hak…