December 14, 2019

Profit Taking: NSE All-Share Index Drops 0.13%

December 14, 2019 8:35 am

 The All-Share Index of the Nigerian Stock Exchange (NSE) on Friday bowed to profit taking after two-day upward trend.

The News Agency of Nigeria (NAN) reports that the index lost 33.59 per cent to close at 26,536.21 compared with 26,569.80 achieved on Thursday.

Also, the market capitalisation which opened at N12.823 trillion shed N18 billion to close at N12.807 trillion.

MTN dominated the laggards’ table with a loss of N2. 70 to close at N115.30 per share.

GlaxoSmithKline trailed with a loss of 55k to close at N5.25, while United Bank for Africa dipped 25k to close at N6.60 per …

Christian

Most Pastors Have Lost Focus, Says Theologians’ President

December 14, 2019 8:35 am

National President of Association of Christian Theologians (ACT), Prof. Olakunle Macaulay, friday descended hard on some Christian clerics in Nigeria, saying they had compromised standard, all for the love of money.

Speaking during his 82nd birthday at the United Bible University (UBU), Yakoyo, in Ifo local council of Ogun State, Macaulay said he was pained as a Christian scholar, at the horrible drift in Christian religious practice in Nigeria, which now tends to celebrate moral decadence in the society, rather than rebuke it.

Macaulay, who is also the Director of Studies at the UBU, said, “Some pastors without respect …

Vehicle

FG Approves National Vehicle Identification Database

December 14, 2019 8:33 am

As shared by Presidential Aide, Tolu Ogunlesi

So @NigeriaGov is automating the issuance process for Import Duty Exemption Certificates (IDEC). Currently a manual process, taking up to 60 days between application for Import Duty Exemption, & approval. With the ongoing automation, the process will take now less than 7 days.

Nigeria issues tens of billions of Naira worth of Import Duty Exemptions annually. But because it’s a paper-based process, impossible to track these exemptions & to know, at any point in time, how much has been used or not used. Manual process also introduces room for corruption.
In the absence …

Verdict In Al-Bashir’s Corruption Trial Expected Saturday

December 14, 2019 8:32 am

A verdict in the corruption trial of Sudan’s ousted president Omar al-Bashir is expected to be delivered on Saturday.

The court in the capital of Khartoum heard final testimonies in the case on Nov. 16, including that of the government’s auditor.

After being overthrown during a military coup on April 11, al-Bashir was found to be in possession of large sums of local and foreign currency, as well as other assets, without legal justification.

While the former president admitted he had received 25 million dollars from Saudi Arabia’s Crown Prince Mohammed bin Salman, he pleaded not guilty to the charges.…

Malami: The Quota System AGF/Senior Advocate Of Nonsense

Malami Takes Over Sowore’s Prosecution

December 14, 2019 8:31 am

The office of the Attorney General of the Federation (AGF) and Minister of Justice, Abubakar Malami SAN has taken over the prosecution of Omoyele Sowore in the charge of treasonable felony against him at the Federal High Court, Abuja.

The move according to the AGF, demonstrates government’s commitment to respect of the rule of law and fundamental rights of citizens.

Read Also: Ex-Ondo Governor, Mimiko Loses Mother

In reaction, human rights lawyer, Femi Falana (SAN), asked Malami, to withdraw the pending criminal charges against his clients – Sowore and Olawale Bakare, insisting that there was no evidence to get …

FG Bars Onnoghen From Traveling; Seizes Passport

December 14, 2019 5:56 am

The immediate past Chief Justice of Nigeria, Walter Onnoghen, has been barred from travelling out of the country by the President, Major General Muhammadu Buhari (retd.).

Saturday PUNCH reports that the move may be part of a fresh probe into Onnoghen’s affairs. Onnoghen was convicted for not declaring his assets by the Code of Conduct Tribunal in April.

An internal report issued by the Nigeria Immigration Service, which was read out to our correspondent by a top officer, stated that Onnoghen, his wife and daughter were attempting to travel to Accra, Ghana when they were accosted by immigration officers.

The …

Isolated Over Iran, US Vetoes UN Resolution On Foreign Terrorists

Boko Haram: UN Reacts To Execution Of Aid Workers In Borno

December 14, 2019 5:56 am

The United Nations Humanitarian Coordinator in Nigeria, Mr Edward Kallon, has condemned the execution of four aid workers by Boko Haram in Nigeria’s northeastern Borno.

“I am deeply saddened and outraged by the news of the tragic killing of four aid workers who were held captive by armed groups for almost five months,” stated Mr Kallon.

“My thoughts go to their families, friends and colleagues who are enduring unspeakable pain and hardship.”

The four men were amongst the six aid workers who were abducted on 26 July when their convoy came under attack near Damasak, in the Mobbar LGA.

They …

B/Haram: Buhari Reacts To Execution Of Aid Workers In Borno

December 14, 2019 5:52 am

President Muhammadu Buhari has condemned the execution of four aid workers by Boko Haram in Nigeria’s northeastern Borno.

The four men were among the six aid workers who were abducted on 26 July when their convoy came under attack near Damasak, in the Mobbar LGA.

Read Also: Buhari Back To Abuja After Egypt Trip

They were working on a health project implemented by the INGO Action Against Hunger. One of the drivers was killed during the attack and another was reportedly executed on 24 September 2019.

Buhari in a statement signed and forwarded to DAILY POST by Special Adviser on …

Oshiomhole

Police, Edo Govt Causing Mayhem – Oshiomhole Raises Alarm

December 14, 2019 5:51 am

The National Chairman of the All Progressives Congress (APC), Comrade Adams Oshiomhole, has accused the Nigeria police of aiding thugs to cause chaos in the state, saying, he was ashamed of what happened between Thursday and Friday.

He accused the Edo State Government of sponsoring thugs to cause trouble by blocking major roads and burning tyres, adding that the plan was to apportion the blame on him should any casualty occur.

Oshiomhole who addressed newsmen at his house shortly after the rally at Ize-Iyamu’s house noted that knowing well the ulterior motives of the state government, he decided not to …

PDP Extols Gov. Wike’s Virtues

December 14, 2019 5:50 am
The Peoples Democratic Party (PDP) has described Gov. Nyesom Wike of Rivers as an exceptional leader, with extraordinary commitment and sacrifice towards national stability and well-being of Nigerians.

PDP said this in a goodwill message issued by its National Publicity Secretary, Mr Kola Ologbondiyan, on Friday in Abuja to congratulate Wike on his birthday.
“Wike is a fearless leader, whose staunch stand for justice, equity and fairness to all, has been a boost to the collective struggle by Nigerians for the restoration of democratic values and rule of law in the country.
“The PDP notes with delight that over the …

‘New Jaguar F-TYPE Offers Greater Driver Reward’

December 14, 2019 3:38 am

The new Jaguar F-TYPE is imbued with ideal balance of beautiful design, visceral performance and outstanding dynamics that has always made it unique, and now the definitive Jaguar sports car offers even greater driver reward.

A statement by the automaker said the new F-TYPE’s range of powerful, responsive engines includes four-six-and eight-cylinder options with outputs from 221kW to 423kW – a breadth of choice unrivalled in its segment. All are matched to eight-speed Quickshift transmissions with full manual control using either the SportShift gear selector or the steering wheel-mounted paddles.

Each engine is equipped with an active exhaust system, which …

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𝐀𝐟𝐫𝐢𝐜𝐚 𝐃𝐢𝐠𝐢𝐭𝐚𝐥 𝐍𝐞𝐰𝐬, 𝐍𝐞𝐰 𝐘𝐨𝐫𝐤, is a nonpartisan online news portal founded on the truth to provide you with weekly, insightful articles written with precision and current updates on current events from Africa in particular and the rest of the world in general. All of our reports undergo extensive fact-checking to ensure their veracity, and we adhere strictly to the facts, no matter whose ox is gored.

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