Fingers
SSANU, NASU suspends strike after three weeks
File Photo The Joint Action Committee, JAC, of non-teaching staff unions of universities has announced the suspension of its three weeks old strike with effect from midnight of February 26. The national leadership of JAC non-teaching staff comprises of the Senior Staff Association of Nigerian Universities (SSANU) and Non-Academic Staff Union of the Universities (NASU). The union which conveyed its decision during media briefing it held after the conciliatory meeting with the federal government, explained that it agreed to suspend the national strike after extracting some concessions from the government. Speaking through NASU General Secretary, Peters Adeyemi, the union said its demands have been harmonized to the satisfaction of both parties, just as he stressed that they will continue to ...
Official: Amotekun corps never killed anybody in Ibadan
The Commandant of Oyo State Security Network, codenamed Amotekun Corps, Col Olayinka Olayanju (retd), has dismissed the media report that operatives of the agency opened gunfire on some residents of Ibadan, killed two and injured many. He confirmed that there was a crisis around Born Photo and Isale Osi area, where the men of the Oodua Peoples Congress (OPC) faction of late Dr Frederick Fasehun, was trying to deal with some hoodlums. According to him, the operatives of Amotekun Corps were invited and its operatives went to the scene. The personnel of the agency that went to the scene, he said were returning from an operation, where a Lebanese man was rescued from his abductors on December 15. The incident reportedly occurred at Asaka area of Ibadan. But two persons and many other people, a...
Stock market gains N138 billion despite profit taking
The stock market posted positive performance last week despite profit taking by some investors, as it sustained the growth recorded in the previous week. Precisely, the Nigerian Stock Exchange (NSE) All-Share Index (ASI) rose 0.7 per cent to close at 35,137.99, while market capitalisation gained N137.5 billion to print at N18.365 trillion. Apart from the NSE ASI index that appreciated, NSE Insurance, NSE ASeM and NSE Oil/Gas indices also went up by 2.61 per cent, 1.56 per cent, 0.19 per cent and 1.71 per cent respectively. Although the gains recorded in the market in November was expected to propel profit taking, some market analysts are still upbeat that the bulls would remain in control till the end of the year. “With the low yield environment in the fixed income space and investors’ cor...
