Abuja - Lawyers attending the annual delegates conference of the Nigerian Bar Association (NBA) in Abuja fell over themselves on Wednesday to get free condoms, a total shame to the Nigerian legal society.
The condoms were supplied by the Local Organizing Committee (LOC) of the conference. The News Agency of Nigeria (NAN) reported that the condoms were displayed at the LOC stand in front of the auditorium of the International Conference Center.
While some of the male lawyers helped themselves with packs of the condom, their female counterparts were edgy. A female lawyer, who spoke on the condition of anonymity, said “lawyers are also fun seekers, so there is wisdom in distributing free condoms.”
Lagos - The Lagos State Government on Wednesday said that the Third Mainland Bridge would be totally shut to traffic on Sunday.
The Special Adviser to the Governor on Transportation, Mr. Kayode Opeifa, who made this known to journalists, said the repair being carried out on the bridge by the Federal Government had reached a critical stage.
He said, ”The work is progressing as planned and a little bit ahead of schedule. We have reached a critical path in the time line (concrete reinforcement of two of the four joints to be replaced).
Abuja - The First City Monument Bank PLC (FCMB) board has proposed for approval the payment of 50 kobo dividend per share, up by 43 per cent from the previous year, in spite of the massive growth in capital, based on a whopping N20.5 billion gross profit.
The bank’s gross earnings also grew by 112 per cent in the same period to N52.82 billion from N24.9 billion. The group closed its books with an asset base, including contingents, of N587 billion, a growth of 90 per cent over the previous year and following its successful public offer in 2007, the bank also recorded a significant growth of 330 per cent in its Tier 1 Capital, from N31.2 billion to N133.7 billion.
Umuahia—NIGERIA is now ranked the world’s highest producer of cassava, yam, and cocoyam with a production capacity of 40 million metric tonnes, 30 million metric tonnes, and 4 million metric tonnes, respectively.
The Executive Director of National Roots Crops Research Institute (NRCRI), Umudike, Abia State, Dr. Kenneth Nwosu who disclosed this also announced that his institute has developed and released over 27 cassava varieties, which he said has 35% potential higher yields than the local bests.
Nwosu said that five of the new varieties were recently developed to “checkmate the insurgence of the dreaded African cassava mosaic virus disease”.
Abuja - The Federal Government on Tuesday rescued the stock market with the appointment of a 16-man presidential advisory team to stem the continuous fall in the market. It also pegged the downward movement of prices of shares.
The team comprises members from both the public and private sectors and will meet regularly to articulate and implement medium and long term measures that are necessary for the healthy growth and development of the market.
Briefing State House correspondents after a meeting of the vice president, Dr. Goodluck Jonathan and stakeholders on the problem, Minister of Finance, Dr. Shamsudeen Usman, said the current situation in the capital market had been a source of concern to the government.