The Central Securities Clearing System (CSCS) has restatement its commitment in repositioning business to efficiently play a more active and leading role in deepening the Nigerian capital market growth. Also, CSCS grew its profit after tax by 41.4 per cent for the year ended December 31, 2020. The company results showed that amidst unprecedented economic and financial market conditions occasioned by the COVID-19 pandemic, the Group grew total income by 31.3 per cent year-on-year (YoY) to N12.09 billion. Profit after tax grew by 41.4 per cent to N6.93 billion, translating to N1.39 earnings per share. The group delivered 20.3 per cent return on average equity for the 2020 financial year, compared to 15.3 per cent in 2019 full year. The company’s total assets stood at N41.42 billion, as again...
Baerbel Jaja, Head, Government Special School, Lafia, Nasarawa State, says corporal and psychological punishments should not be meted to special needs persons. Jaja told newsmen in Lafia on Friday that corporal and psychological punishments hamper the overall functionality and the development of such persons. She said: “If you flog an autistic child, that’s the end of the development for that child. “You have killed his spirit. “Even for a normal child, if you keep flogging him, you have actually killed the spirit of that child and that will make him not to function well. “If an autistic child does not function the way you want, you have to be patient with him. “You cannot use force on any of this special need kids because it doesn’t work; it will rather close up the little you have achiev...
Contrary to the news making the rounds, that a policewoman lost her life during Saturday’s bloody poll, in Ekiti East Constituency 1, the Ekiti State Police Commissioner, Mr Babatunde Mobayo, has clarified that she is alive and responding to treatment. Mobayo said the Policewoman who was shot during Saturday’s House of Assembly bye-election, only sustained gunshot wounds and was immediately rushed to the hospital for medicare. Three persons were on Saturday shot dead by suspected party thugs while five others sustained gunshot wounds during the House of Assembly bye-election conducted by the Independent National Electoral Commission (INEC) in the state constituency. Speaking with journalists via telephone in Ado Ekiti, on Sunday, Mobayo, who responded through the Command’s spokesman, ASP S...
NBC fines Channels TV, inspiration FM N5 million each for broadcast code infractions
The National Broadcasting Commission (NBC) has directed Channels TV and Inspiration FM Lagos to pay a fine N5 million each for infractions of the Nigeria Broadcasting Code. Prof. Armstrong Idachaba, the Acting Director-General of the commission, announced this in a statement made available to newsmen on Thursday in Abuja. Idachaba explained that NBC on Monday, April 26, served Channels TV a letter indicating the station’s culpability and liability for infractions of the Code in respect to its broadcast of “Politics Today” of Sunday, April 25. The acting D-G stated that the station violated Sections 3.11.1(b) and 5.4.3 of the Nigeria Broadcasting Code. Similarly, Idachaba said that on May 2, in its World Report, Inspiration FM Lagos aired broadcast of Indigenous People of Biafra (IPOB) maki...