Page 22 - Fsars News Today

Punch Newspapers Sections ’Femi Asu Published 12 March 2021 Imports of raw materials into Nigeria rose to N2.32tn last year amid the COVID-19 pandemic from N1.34tn in 2019, according to data from the Nigerian Bureau of Statistics. The NBS said in its latest Foreign Trade Statistics report that the value of total trade in raw material stood at N762.6bn in the fourth quarter of 2020. It said the import component was valued at N715.7bn while the export component stood at N46.9bn. “The value o...

Punch Newspapers Sections Published 12 March 2021 The city of Minneapolis has reached a $27m settlement with George Floyd’s family just weeks before the trial is scheduled to begin for the former officer charged with his murder. The NBC News states that the City Council unanimously approved the settlement on Friday after adding the matter to its agenda for a closed session Floyd’s family filed a federal lawsuit in July against the city and the four officers involved in the arrest that led t...

Punch Newspapers Sections Published 11 March 2021 The nation’s bourse on Wednesday overcame its negative posture growing by N128bn following bargain buying in Dangote Cement and Nestle as well as news of approval of demutualisation, the News Agency of Nigeria reported. Specifically, the market capitalisation rose by N128bn or 0.63 per cent to close at N20.37tn against N20.24tn recorded on Tuesday. Similarly, the All-Share Index appreciated by 244.40 or 0.63 per cent to close at 38,931.25 from...

The World Health Organisation said on Friday that it was aware of blood clot concerns linked to “a specific batch” of AstraZeneca/Oxford COVID-19 v...

Punch Newspapers Sections Dennis Naku, Port Harcourt Published 12 March 2021 A High Court sitting in Port Harcourt, Rivers State, has jailed one Chief Vincent Nnamdi-Otto for one month for contempt of court Nnamdi Ototo, a monarch, while responding to cross examination from the witness box on a disputed land suit, raised his voice at the presiding judge, requesting to know his interest in the matter. The monarch, while further responding to question on if he was aware of an interim order of in...

Punch Newspapers Sections Published 12 March 2021 The Obafemi Awolowo University, Ile-Ife has mourned the first emeritus professor of Law and a Senior Advocate of Nigeria, Professor David Ijalaye. The Vice-Chancellor of Obafemi Awolowo University, Ile Ife, Prof Eyitope Ogunbodede, described Ijalaye’s death as “monumental”. A release by the Public Relations Officer of the University, Abiodun Olarewaju, quoted the Vice-Chancellor as saying Ijalaye would be missed not only to his immediate c...

International Federation of Women Lawyers, Gombe Branch on Friday, hailed the state government over the Administration of Criminal Justice Law whic...

There are strong indications that former Speaker of the House of Representatives, Oladimeji Bankole, is set to dump the Action Democratic Party, to...

Punch Newspapers Sections  Adeyinka Adedipe, Benin Published 12 March 2021 A palm wine tapper, Osigwe Ayomonekhai, has been killed by assailants in Jattu, Etsako West Local Government Area of Edo State. Ayomonekhai, said to be in his early 50s, was reportedly killed in the early hours of Thursday when he set out from his Iyuku Road residence for his usual palm wine tapping business. A source in the community said the husband of three wives, recently bought the motorcycle to boost his palm win...

Punch Newspapers Sections Published 12 March 2021 The Minister of State for Petroleum Resources, Timipre Sylva, says there will be no increment in the pump price of Premium Motor Spirit until the conclusion of consultation with Organised Labour. The News Agency of Nigeria reports that Sylva gave the assurance while addressing newsmen on Friday in Lagos. The minister said the clarification was necessitated by reports that the price of PMS, commonly known as petrol, had been increased to N212.61 ...