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...
The Nigerian Maritime Administration and Safety Agency (NIMASA) says the Suppression of Piracy and Other Maritime Offences (SPOMO) Act, is improving Nigeria’s image in its fight against piracy and sea robbery. Dr Bashir Jamoh, Director-General, NIMASA, said this in a statement on Sunday in Lagos. He said that the Act signed into law by President Muhammadu Buhari in June, 2019 was to end piracy and sea robbery in Nigeria and the Gulf of Guinea. He made this known at the maiden edition of the Nigerian Admiralty Law Colloquium organised recently in Lagos by the agency, in collaboration with the National Judicial Institute (NJI). The colloquium had the theme, “Achieving Maritime Safety, Security and Shipping Development (TRIPODS) through Enforcement of Legislations and the Implementation of th...
<span class="localtime" data-ltformat="F j, Y | g:ia" data-lttime="2021-04-14T15:41:44+00:00“>April 14, 2021 | 11:41am ET Jenny Lewis and Serengeti continue their collaborative streak today with the new single “GLTR”. Take a listen via the accompanying music video, directed and edited by Lewis and filmed at the Hendersonville Memory Gardens where Johnny Cash is buried, which is embedded below. With a subtle electronic dance groove, “GLTR” gently spins in the darkness as the pair touch on the need to release the tension from our lives. While Lewis sings of “what a lie” daily stresses can be, Serengeti questions where our focus lies. “How’s your Instagram these days?” he raps. “Did you get a lotta action when you had braids?” Serengeti des...
The Edo Government has pledged to do its best to take care of the volunteers who will help in the hosting of the 20th National Sports Festival (NSF) in Benin. The State Deputy Governor, Mr Philips Shaibu, made the pledge on Friday while addressing the volunteers at the Games village, located in the University of Benin. Shaibu, who also is the Chairman of the Local Organising Committee (LOC) for the festival, assured the volunteers that the state would welcome collaboration and cooperation of the team to ensure the success of the sporting fiesta. “This address is to assure you that we will collaborate and cooperate with you to ensure that the game is successful. “Your role as volunteers to help us guide and control our athletes as they come is paramount to the success of the games. “From th...
THISDAY Nigeria Security and Civil Defence Corps, NSCDC, Ondo State Command has deployed no fewer than 1,850 personnel ahead of the Easter celebration in the state. The move was to ensure that there is adequate security, before, during and after the celebration in the state. According to the Corps Public Relations Officer, DSC Olufemi Omole, in a statement issued on Thursday “the situation of the country calls for collective efforts to ensure the protection of lives and properties.” He added that the State Commandant of NSCDC in the state, Eweka Edenabu urged the operatives who will provide security in various parts of the state to exercise caution in the discharge of their duties and exhibit a high level of professionalism in their dealings with the civil populace. The Commandant also dis...
Enugu State Government under the administration of Governor Ifeanyi Ugwuanyi said it has carried out 1,355 verifiable projects in various primary and secondary schools across the 17 Local Government Areas of the state, under the State Universal Basic Education Board (ENSUBEB) and Post Primary Schools Management Board (PPSMB), in line with its vision to improve the learning condition of the students. The state government disclosed that besides recruiting over 7,030 primary and secondary school teachers, it also procured and distributed over 50,000 classroom furniture and other learning tools for school children and their teachers across the state. It revealed that it supplied and installed computers to 490 primary and secondary schools; science equipment to 151 secondary schools, and constr...
Nigeria imports at least 60 per cent of dairy products the country consumes, the Minister of Agriculture and Rural Development, Sabo Nanono, has said. Mr Nanono disclosed this when speaking at the National Dairy Policy Stakeholders Engagement in Abuja on Tuesday. He said, “Despite the potentials in the dairy industry, 60 per cent of dairy products consumed in the country is imported while the remaining 40 per cent is produced locally.” The minister said Nigeria’s per capita consumption of milk is 8 litres per year, representing very low consumption levels when compared with the global average of 44 litres of milk, according to the Food and Agriculture Organisation of the United Nations (FAO). According to him, presently, the Nigerian dairy industry is largely subsistence and consists of lo...