drops

Border: Foreign Rice Drops As Dealers, CBN, Customs React

January 19, 2020 2:33 pm

The federal government’s border closure, increased surveillance by the Nigeria Customs Service (NCS) and the Anchors Borrowers Programme (ABP) of the Central Bank of Nigeria (CBN) have dropped the volume of foreign rice in Nigerian markets.

A report released on Sunday by Economic Confidential puts the figure at 37 percent, down from 70 percent as at March/April 2019.

Foreign rice such as Mama Gold, Royal Stallion, Rice Master, Caprice, Falcon Rice and Basmati have reduced in the market, while Nigerian rice including Umza and Fursa Crown from Kano, Mama Happy from Niger, Labana Rice from Kebbi, Olam Rice from Nasarawa,

…

‘Turning Point’ As Number Of Male Smokers Drops: WHO

December 19, 2019 5:23 pm

The number of male tobacco users is falling for the first time, the World Health Organization said Thursday, hailing a “major shift” in efforts to kick the world’s deadly tobacco addiction.

The number of women and girls who use tobacco products has been steadily declining for years. But tobacco use among males — who account for the overwhelming majority of smokers — has until now been expanding.

In a new report, the UN health agency hailed the beginning decline as a powerful indication that anti-smoking campaigns around the globe had begun to pay off.

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 …

Vector Tha Viper Drops New EP “Vibes Before Teslim”

November 29, 2019 9:15 am

Over a month after his involvement in the highly publicized Vector-MI rap battle supremacy, Nigerian rapper Vector Tha Viper has come out a new man with the release of his new EP “Vibes Before Teslim: The Journey To Self Discovery.”

Talking about the EP, Vector revealed in an Instagram post that he had experienced moments of revelations and he is grateful to his fanbase:

“I am grateful that in a world where a lot isn’t what it seems, I found some form of purpose and love. I went through moments of epiphany and I couldn’t be more grateful for the

…

FIFA Ranking: Nigeria Drops By One Place, Now World 35th

October 24, 2019 8:28 am

Nigeria’s Super Eagles have dropped by one spot in the FIFA World Ranking for the month of October to now place as world 35th country.

In the ranking table from the world football governing body, FIFA on Thursday, Nigeria garnered 1,481 points as against 1482 recorded in September.

However, in spite of the drop, Nigeria still occupies the third spot in Africa behind Senegal and Tunisia who are placed 20th and 29th with 1,546 and 1,495 points, respectively.

On the global scene, although, 184 recent international matches have left their mark on the latest FIFA/Coca-Cola World Ranking, those at the …

Amazon drops plans to build a new headquarters in New York

February 15, 2019 8:39 am

Amazon’s not taking a bite out of the Big Apple after all. The tech behemoth ditched plans to build a new headquarters in New York after facing intense backlash from some community members.

Activists, politicians and others balked at the $1.525 billion in incentives New York offered Amazon to put the headquarters in Long Island City, Queens.

They also feared residents would be priced out of their homes. Amazon had selected New York and Northern Virginia as the dual homes of its second headquarters, each expected to come with 25,000 workers.

So, is New York’s loss another city’s gain? Not …