IN THE NEWS

Daily Watch – Electricity unions suspend debilitating strike, Jigawa shutters schools

Following the ongoing military operation against bandits and terrorists in the Northwest, troops of Operation Forest Sanity have raided a camp belonging to bandits at Kuriga and Manini communities, Chikun Local Government Area of Kaduna State. During the operation early Tuesday, the troops rescued six hostages who were kidnapped by bandits at different locations. The Kaduna State Commissioner for Internal Security and Home Affairs Samuel Aruwan said the troops, during the operation, identified bandits and terrorist enclaves within the council and successfully engaged the criminals in a gun duel. Aruwan listed the freed persons as Sahura Hamisu, Ramlatu Umar, Saudatu Ibrahim, Maryam Shittu, Fatima Shuaibu, and Khadijah Mohammed who was kidnapped along with her baby. The rescued persons, according to him, have been reunited with their families. Meanwhile, the Kaduna State Government has expressed excitement about the rescue development, and also commended the government, military, police, and other security forces for the successful round of operations. The Jigawa State Government on Wednesday ordered the closure of all schools across the state. The State Commissioner for Education, Dr Lawan Yusuf, confirmed the development to newsmen in Dutse. According to him, the security threat was the main reason behind the closure of ...
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NEWS

Daily Watch – JP Morgan may kick Nigeria off key index, FG worried about rejection of non-oil exports

Nigeria will be phased out of JP Morgan’s Government Bond ...
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Daily Watch – TSA deadline may be infeasible, Enugu Disco suffers high vandalism rate

The President’s eight day ultimatum to Ministries, Departments and Agencies ...
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Daily Watch – Coal gets back in the power game, Emefiele to deliberate on financial plan

The Nigerian Bulk Electricity Trading Plc (NBET), has signed its ...
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Daily Watch – Boko Haram hits North hard, Lagos closes 10 businesses over tax

Northern Nigeria has lost at least N7 billion in five ...
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Daily Watch – PenCom talks tough of remissions, Osinbajo beats chest on power

Nigeria’s Pension Commission (PENCOM) is mulling the prosecution of employers ...
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Daily Watch – NNPC to deploy drones, AfDB to focus on power

The NNPC is set to deploy drones in its bid ...
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Daily Watch – Economy contracts, Education shows resilience

Nigeria’s manufacturing sector is now in a recession , as ...
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Daily Watch – Manufacturers abandon Nigerian raw materials, Kaduna port gets upgrade

Recently released data is showing that manufacturers are choosing to ...
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Daily Watch – Buhari appoints key men, Banks to sell defaulters’ properties

President Buhari finally appointed a Chief of Staff to the ...
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Daily Watch – Economy slows, State workers to get paid

Nigeria's economic growth slowed sharply in the second quarter as ...
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Daily Watch – FG moves to boost power, Deutsche Bank warns of weaker growth

Nigeria is moving swiftly to boost power generation. The government ...
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Daily Watch – Oil swaps end, Kaduna Electric recruits 3000

President Buhari has approved a request from the NNPC to ...
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Daily Watch – Nigerian manufacturing rises 4%, Herdsmen cause problems in Abia

Cement, metals and food contributed 87 percent to the value ...
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Daily Watch – New tax man in town, Fashion creates mega jobs

President Buhari on Thursday approved the appointment of Dr Tunde ...
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Daily Watch – FDI inflows plunge from last year, CFTA to give Nigeria headaches

The latest investment data from the National Bureau of Statistics ...
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Daily Watch – New team takes over at AMCON, SMEs surge

President Buhari has approved the dissolution of the executive management ...
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Daily Watch – Shallow waters hamper Warri Refinery, FAAN talks tough

Shallow waters are stifling crude lifting to Warri Refinery. The ...
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Daily Watch – 700 NNPC staff to go, Iran to enter the market with a bang

A new round of lay-offs could axe at least 700 ...
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Daily watch – More audits for NNPC, Edo gets help on rubber

The Nigerian National Petroleum Corporation is set to carry out ...
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Daily Watch – Investors get cold feet over power, Petrol price weighs on inflation

Investors are getting cold feet in their acquisition of seven ...
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Daily Watch – TSA can increase government revenues by 20%, Ford Ranger to be assembled in Nigeria

According to analysts, the directive of President Buhari to compel ...
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Daily Watch – IHS gets more Etisalat towers, Mortgage company to raise more capital

Etisalat Nigeria has completed the transfer of 555 telecom towers ...
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Daily Watch – Government monies centralised, Allocations jump 32%

All Federal Government Ministries, Department and Agencies have been mandated ...
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Daily Watch – Sukuk recommended for Nigeria, Afren investors may lose investments

Standard and Poors, the ratings agency, is recommending that Sukuk ...
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