Trading activity in the insurance sector of the Nigerian Exchange Limited remained strong on Tuesday, as investors exchanged 72.36 million shares across 951 deals, with Cornerstone Insurance Plc and International Energy Insurance Plc emerging as the top gainers. Market data showed that Cornerstone Insurance Plc recorded the highest price gain of 9.25 per cent, closing
PETROAN’s National President, Billy Gillis-Harry, made the request during a courtesy visit to the Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, on Tuesday in Abuja. The Petroleum Products and Retail Outlet Owners Association of Nigeria has formally requested a seat on the board of the Nigerian Midstream and Downstream Petroleum Regulatory Authority,
US President Donald Trump announced significant new tariffs on Canadian steel and aluminum on Tuesday, while threatening to “shut down” Canada’s auto industry. He suggested that the best way to end the trade war would be for Canada to become part of the United States. Trump’s unexpected threats came just hours before a midnight deadline
The Niger State government has issued a red alert and heightened surveillance across all general hospitals to prevent disease outbreaks caused by the current heatwave. Investigations have shown that large numbers of elderly people and children have been visiting hospitals for treatment of heatwave-related diseases and symptoms such as meningitis and diarrhea. Although the situation
The Kebbi State Government has confirmed that 26 people have died from a suspected outbreak of cerebrospinal meningitis in Aliero, Gwandu, and Jega local government areas, respectively. Cerebrospinal meningitis is a serious infection that causes inflammation of the protective membranes covering the brain and spinal cord. It is usually caused by bacteria or viruses and
Nigeria has sealed a groundbreaking $200 million agreement aimed at expanding access to electricity in rural and underserved areas through renewable mini grids. The deal, signed with WeLight, a pan-African Distributed Renewable Energy company, is expected to provide stable and affordable power to millions of Nigerians who currently rely on expensive and unreliable alternatives. The
Oil marketers have expressed displeasure over the negative impacts of the unstable pricing index for the nation’s Premium Motor Spirit otherwise known as Petrol, saying the flip+flop is now threatening their businesses. The President of the Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN), Billy Gilly-Harris, raised the concerns. According to Gilly-Harris, fluctuating petrol
The Managing Director, Rural Electrification Agency (REA), Abba Aliyu, has said that Nigeria has so far secured $950 million in funding for its Distributed Access through Renewable Energy Scale-up (DARES) programme. Aliyu disclosed the development on Monday in Abuja during a renewable energy service company collaborative agreement signing ceremony with nine companies. HeAliyu the Federal
A Junior Secondary School (JSS) Student of the King’s College Lagos, names withheld, has died, following the outbreak of Diphtheria in the school. The Chairperson of the Parents-Teachers Association (PTA), Peter Oluwaleye, confirmed to PREMIUM TIMES on Monday morning that the student, passed away last week at the Lagos University Teaching Hospital (LUTH), while receiving
The Presidency and the ruling All Progressives Congress, on Monday, dismissed moves by the former Kaduna State Governor, Nasir El-Rufai, to galvanize opposition figures towards unseating President Bola Tinubu in the 2027 Presidential election. They said El-Rufai is being allegedly driven by “an inordinate ambition that is destined to fail” in his defection to the
