Vanguard Newspaper

Concerns over direction in fixed income yield dampen equity

*Investors record N248bn loss By Nkiruka Nnorom Investment analysts have said that uncertainty over the direction of yields in the fixed income (FI) market will continue to keep the domestic stock exchange in the red zone, even as the market ended the first week of March on a negative note.   They, however, said that …

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Mutual Funds defy Covid-19 effect, as returns rise 50% to N1.5trn

Analysts project moderate returns in 2021 By Peter Egwuatu Despite the adverse impact of the Coronavirus, COVID-19 pandemic, on the Nigerian economy, fund managers have raised their investment in Collective Investment Scheme, CIS, otherwise known as mutual funds.  The Scheme itself has recorded a return of 50 per cent Year-to-Date, YtD, with the net Asset …

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APC condemns killing in Ekiti community

The All Progressives Congress(APC) in Ekiti has condemned the recent killing of two farmers in Isaba-Ekiti community in the state. The party in a statement by its Caretaker Public Relations Officer Ade Ajayi on Sunday in Ado-Ekiti, condemned the hacking to death of the two farmers in their farms by unidentified assailants. APC expressed displeasure …

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PDP clears all chairmanship, councillorship positions in Delta polls

The People’s Democratic Party (PDP) has won all the chairmanship and councillorship positions in the March 6 Delta local government elections. The Chairman of the Delta Independent Electoral Commission (DSIEC), Chief Mike Ogbodu, declared the election results in Asaba on Sunday. Ogbodu said that the PDP cleared all the 25 chairmanship and 500 councillorship positions …

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Ebola: 2,167 people vaccinated in Guinea, DRC – WHO

The World Health Organisation (WHO) says no fewer than 2, 167 people have been vaccinated in Guinea and the Democratic Republic of Congo (DRC) against Ebola. WHO Regional Office for Africa stated this in Ebola Outbreak Situation Report posted on its twitter @ WHOAFRO. According to the UN health agency, 1,804 people have been vaccinated …

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Thinking out of the box way out of country’s challenges – PGF DG

The Director-General Progressives Governors Forum (PGF), Dr Salihu Lukman, says thinking out of the box is the way to addressing the country’s challenges. Lukman said this in a statement on Sunday in Abuja, adding that there was a need for everyone to take responsibility to move the country forward. “We need to take responsibility where …

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Buhari celebrates VP Osinbajo at 64, describes him as reliable, dedicated deputy

President Muhammadu Buhari has described Vice-President Yemi Osinbajo as “a reliable and dedicated deputy, who is not only admirably competent, but also exudes confidence and passion in the performance of his job.” Malam Garba Shehu, the President’s spokesman, in a statement in Abuja on Sunday, quoted Buhari as saying this in a message to celebrate …

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