Business

NGO trains over 20,000 undergraduates on plastic pollution

NGO trains over 20,000 undergraduates on plastic pollution

By Peter Egwuatu   U-Recycle Initiative Africa, a youth-led Non-Governmental Organisation, NGO, has trained over twenty thousand youths across four federal universities in Nigeria through the second edition of its flagship multi-year initiative for universities, called PlasticWize 2.0. The NGO is advancing environmental education, circular economy solutions, and climate action across Africa. Through PlasticWize 2.0, themed, “Redefining […]
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MTNN lifts trading on NGX by 0.15%

MTNN lifts trading on NGX by 0.15%

Trading activities on the Nigerian Exchange rebounded on Wednesday with a gain of 0.15 per cent due to interest in MTN Nigeria Communications (MTNN). Specifically, the All-Share Index increased by 57.41points or 0.15 per cent to close at 38,564.70 from 38,507.29 achieved on Tuesday. Consequently, the month-to-date return increased to 0.3 per cent, while the […]

Investors lose N340bn on NGX in 1 day

Investors lose N340bn on NGX in 1 day

Trading at the domestic bourse opened the week on a bearish mood with the market capitalisation losing N340 billion in one day, due to drop in Airtel Africa. Specifically, the market capitalisation, which opened at N20.409 trillion, dipped by N340 billion to close at N20.069 trillion. Also, the All-Share Index shed 648.99 points or 1.66 […]

Rise in Prices push 7m additional Nigerians into Poverty – World Bank

Rise in Prices push 7m additional Nigerians into Poverty – World Bank

By Emmanuel Elebeke & Elizabeth Adegbesan The World Bank, Tuesday, said that the high inflation rate caused by rise in  prices of goods and services pushed seven million Nigerians below the poverty line by 2020. Meanwhile the Nigeria Bureau of Statistics (NBS) released the Consumer Price Index (CPI) report which showed that the annual inflation rate fell […]

Power generation falls 23% to 3,172MW

Power generation falls 23% to 3,172MW

Power supply in Nigeria has failed to improve on last week’s performance, as at fell by 22.9 percent from peak generation of 4,115 Mega Watts on Saturday to 3,172.20MW as at 5pm on Sunday, latest data from the System Operator has shown.