By Jemimah Wellington, JKNMedia Reporter THE Nigerian Exchange Limited (NGX) made waves in July 2023 when it announced the reclassification of Fidelity Bank Plc from a small-price stock to a medium-price stock. This move stirred the interest of financial analysts who speculated that the bank’s path to Tier 1 status might be closer than anticip...
By Olaide Ajibola, JKNMedia Reporter OGUN State Governor Dapo Abiodun has taken swift action following a devastating gas explosion that rocked the Ota-Oshin area of Abeokuta, the state capital on Saturday evening. Expressing deep sympathy for the victims, the governor ordered the evacuation of affected buildings to facilitate integrity tests o...
By Joke Kujenya THE latest findings from the March 2024 edition of the National Bureau of Statistics Selected Food Price Watch have revealed staggering increases in the prices of essential food items across Nigeria. According to the report, the average price of 1kg of locally sold loose rice surged to N1,349.74, marking a significant 152.93% [...
By Joke Kujenya SOCIO-Economic Rights and Accountability Project (SERAP) has taken legal action against the Nigerian National Petroleum Company (NNPC) Limited, filing a lawsuit over the alleged failure to account for and explain the whereabouts of significant oil revenues totaling $2.04billion and N164 billion. The lawsuit, registered as suit ...
By Helen Okechukwu, JKNMedia Reporter DURING the 16th Convocation for the 2022/2023 academic session at Delta State University, Abraka, Governor Sheriff Oborevwori announced automatic employment for the institution’s top graduating student, Ilebe Joshua, who achieved a remarkable 4.83 GPA in the Faculty of Pharmacy. Encouraging the graduation ...
By Helen Okechukwu, JKNMedia Reporter OGUN State Governor Dapo Abiodun has announced plans to launch chess competition across the state in tribute to Tunde Onakoya, the Guiness World Record holder for the longest chess game. The declaration came following a meeting between Abiodun and Onakoya, founder of Chess Slums in Africa, at the Governor’...
By Helen Okechukwu, JKNMedia Reporter GOVERNOR Siminalayi Fubara of Rivers State has pledged full support to the Nigerian Navy (NA) in their operations within the state. During a courtesy visit by Chief of Naval Staff *CNS), Emmanuel Ogalla and other high-ranking officers at the Government House in Port Harcourt, Fubaba commended the NA for th...
By Joke Kujenya THE Federal Government of Nigeria has issued a directive for the resale of electricity Distribution Companies (DisCos) currently managed by banks and the Asset Management Company of Nigeria (AMCON) within three months to reputable power operators. Currently, five DisCos are under the management of AMCON and bank leaders. These ...
By Jemimah Wellington and Helen Okechukwu, JKNMedia Reporters RIVERS State Governor Siminalayi Fubara has expressed deep sorrow over a tragic fire incident caused by a tanker carrying premium motor spirit (PMS), which resulted in severe casualties and extensive damages to vehicles. The incident occurred between Indorama Gate and Aleto Bridge o...
By Olaide Ajibola, JKNMedia Reporter IN HIS commitment to collaborate with the Inter-Party Advisory Council (IPAC), Governor Siminalayi Fubara has noted that this has become paramount for good governance in Rivers State. At a meeting with the River State chapter of IPAC, led by its Chairman, Barrister Sensei Osaro, at the Government House in P...
