Daily Archives: November 4, 2020

PDP rejects planned social media censorship

The Peoples Democratic Party (PDP) on Wednesday rejected the planned censorship of social media by the Federal Government. The party in a statement issued by its National Publicity Secretary, Kola Ologbondiyan, described the plan as unconstitutional, anti-people, and an attempt to silence Nigerians. He added that the attempt to censor …

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Nigeria drops to 146th position in Corruption Perception Index

Nigeria has dropped to 146th position in the latest Transparency International’s Corruption Perception Index. The CPI is an index published annually by Berlin-based Transparency International which ranks countries “by their perceived levels of public sector corruption, as determined by expert assessments and opinion surveys. 180 countries were assessed by the …

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NSE: Market scrapes weak gain as trade volume declines

The equity segment of the Nigerian Stock Exchange (NSE) recorded marginal appreciation on Wednesday amidst liquidity concerns that saw trade volume fall by 14.8% over the previous session. Buy pressure on the shares of CAP, FCMB, GTB, Dangote Sugar and Caverton drove gains. The Insurance Index recorded the biggest advancement …

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Welcome boost

Editorial In a bid to facilitate the realisation of the goals of three bills currently being considered by the National Assembly to boost the utilisation of local content component in critical sectors of the economy, the Federal Government has barred foreign firms from bidding for, being awarded or executing contracts …

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The SARS panels

Editorial   THE directive by the National Economic Council (NEC) that state governments set up judicial panel of enquiry over complaints against the disbanded Special Anti-Robbery Squad (SARS) has been heeded by many states. The Rivers State government which initially demurred, contending that similar findings in the past against the …

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