CONNECT! With Ideas That Work

  NGX Declines as Selloffs Hit BUA, Stanbic IBTC Photo Credit: iPleaders The equities segment of the Nigerian Exchange, NGX, experienced a bear-bull fight that plunged market valuation downward following specific selloffs on some companies’ shares. The negative price movement of large and mid-cap stocks like BUA Cement Plc which declined by 1.6% and 5.8% price down in STANBIC IBTC market valuation, thus undermining the market’s performance. Consequently, the key performance indicator or the Nigerian Exchange All share index declined 0.08% week on week to 54,892.53 points due to profit-taking in some defensive stocks with strong fundamentals. Data from the exchange showed that the market capitalization declined by N23.24 billion week on week to N29.90 trillion. Investors’ decision to take profit dragged year-to-date return to 7.11% from 8.87% in the previous week. At the close of the week, the level of market trading activities was positive as the total number of deals decreased by ...

 Banks Issue Fresh Updates as CBN Circulates Naira Notes Photo Credit: TheCable.ng In response to the Central Bank of Nigeria’s (CBN) decision to reverse its naira redesign policy, deposit money banks have announced adjustments to cash withdrawal limits placed on individuals and corporate. Reverting to the old order, the weekly withdrawals limit has now been upgraded strongly while banks said there is no requirement to generate reference codes for cash deposits has also been discontinued. Today, the apex bank floods banks with naira notes to assuage the ongoing cash crunch in the economy. It also directed all commercial banks to open for operation on Saturdays and Sundays to reduce the lingering cash crunch in the economy. The CBN also confirmed on Friday that a substantial amount of money, in various denominations, had been received by the commercial banks for onward circulation to their respective customers. After the Supreme Court order that upturned the CBN plan to remove old c...

MY VISION, MISSION AND MY OBJECTIVE I am Chidike Edmond Ojuyenum (De C.E.O); I'm here to cause a change. So I consciously want to be known as the one that causes positive things to happen, pursuing my dreams. Chidike Edmond @ Rapid 96.5FM Live Studio   I understand that a dream (even a prophecy) will remain a dream (just a spoken word) unless accompanied with action. Hence, I labor my youth because life took away from me my soft landing; that I may learn, gain and sustain the power to preserve that which is of good virtue. I pray for an early retirement, not that I may leave this earth early. But, I may stay alive longer than a decacentennial. Yet, climb the mountains effortlessly. I am a growing serial entrepreneur and a sustainable leader (role model: Tony O. Elumelu, CFR). A keynote speaker and a Mechanical Engineering Technologist (working my way up to become an Engineer). My childhood desire to pursue a career in aviation as a captain was truncated by death f...

 Let's start by addressing a fact of life as regards Nigeria 2023. You! call for a town hall meeting at your constituency in favor of your Presidential candidate and take head count. validate your count with PVC holders to further ensure that a person does not attend two meeting make this know before the meeting and create a checkpoint. Share the outcome. Simple fact, PDP and APC will host the most attendees. Reason, people will gravitate about what satisfy their needs. He who controls the water, control the city. Men will always revolve about their source of food. It was food that took Israel to Egypt; and they remained in Egypt enjoying the supply till they become slaves. Jesus asked to Peter (whom is to lead the Apostles), do you love me? Peter said yes and Jesus replied; feed my sheep! Why will your attendees be more for PDP and APC? it's simply because the attendees will weigh which meeting has the tendency to feed their basic need at the time. My advice to my dear party A...

I smile because there's God. A God who enthrones kings and also dethrones kings. He also fights for the weak, he is the voice of the voiceless. I smile thinking about the Niger Delta and how the youths can benefit from the region, as well as the innumerable resources it is blessed with. I smile knowing that the era of "Monkey dey work Baboon dey chop" will soon come to an end. My smiles are ever endless when I see how much the Niger Delta region is blessed with both human and natural resources.  Unfortunately, despite these indisputable endowments, it is so saddening that the region is still plagued with  unemployment, inadequate medical care, little or no industrialization, gas flaring epileptic power supply, inadequate human development, amongst many others.  Nevertheless, I rejoice with all confidence that all would be well again, because sooner than we envisaged, draws closer to us an era where the Niger Delta Youth can say with all confidence that "I am from the...

 The Academic Staff Union of Polytechnics (ASUP) has declared nationwide strike with effect from Wednesday May 11th, 2022. Reports shows that the development comes less than 24 hours after the Academic Staff Union of Universities (ASUU) extended their ongoing strike by three months. According to ASUP, the action is based on the federal government’s failure to implement the Memorandum of Action (MoA) reached with the union in May, 2021. Precious Nwakodo, ASUP Zonal Coordinator, Zone D which comprises of South South and South East, announced the planned action at a press conference held at the Federal Polytechnic, Auchi, Edo state on Monday. Nwakodo said the planned strike action was hinged on the yet to be met demands among which are the non-release of the N15 billion Revatilization Fund approved over a year for the sector to address infrastructural deficit as contained in the 2014 Needs Assessment Report. According to him, “Following the discouraging response of the government to t...

My position to the struggle for Schools in Nigeria to be reopened is clearly based on the #NewNormal we must accept.  Is markets and religious centers safer? Will people from high risk state not find their ways to these social events? Questions I have been challenged with but here is my view:  Neither the church nor market is safe following that people will surely make contact... For the markets, the methodology employed in our local market I can vote it even of higher risk. The best is to even keep it lockdown but I tell you this bitter truth; if you totally lockdown our markets, many Africans (Not just that poor woman in out Delta State villages who can not feed well even on a good day, but all poor people in Africa) will die of hunger even before they get infected. It will be worse than it was during the civil war (not as if was there sha, just a reference). Fine, let's protest, let our government feed not all of us but just these poor; then we lost over a tril...

Why are students saying that schools will resume on 15th June 2020 without an official announcement by the federal government or probably the ministry of Education. News Extract by: Chidike Edmond. Please don't regard the news going round saying that schools will resume on 15 June 2020 all are nothing but fake because the federal government has not agreed on when schools will resume. Honestly, students are willing to return back to school following the convicted news that schools have been scheduled to resume on the 15 of June, 2020 which could be mere rumours because the federal government has not agreed on school resuming that day. It's well known that Nigerian students are tired of staying at home and everyone is wanting the Federal Government to resume schools immediately. But the truth is that the federal government cannot risk the lives of students by resuming schools for them following the persistence increase in covid-19 cases in Nigeria. OK let's assu...

Following the speculated rumours surrounding the reopening of schools in Nigeria by 5th June 2020, Comr Iyogun David Eseli took to his social media outlets to write "Why School Cannot Re-Open Yet" Read Complete Article Below: As the coronavirus pandemic has halted a lot of activities in the world, organizations, companies, churches, and even schools have been on lockdown. There have been several rumours surrounding resumption of normal activities in schools and other organizations, but these are just mere speculations and not true. If the schools would resume, there are several things that need to be put in place. When these things are not available, resumption of schools anytime soon cannot be feasible. It's difficult to maintain social distancing in schools, having an average number of 20 to a classroom. Kids are more difficult to control or make follow guidelines. "Imagine making a child of 5 years or less use a face mask, and he ends up exchanging the...

Following the on going online protest lead by the National Association of Nigerian Student's - NANS Zone D via its official twitter handle @nanszoned19, the apex Student's Union Government; NANS has kicked against schools Re-Opening online. The protest which started on Monday (18th May 2020), scheduled for one week, had drawn engagement using the following hash tags #NoStudyAllowanceNoOnlineClasses #SlashShoolfeesby50%. Engaging many Nigerian Student's, NANS Zone D releases today's news letter: It Reads; NATIONAL ASSOCIATION OF NIGERIAN STUDENTS (NANS) ZONE D (SOUTH WEST) 19 - 05 - 2020 Students Deserve Free and Qualitative Education; It is Our Right and We Will Fight For It READ ALSO: Akwa Ibom State Government Warns Against Schools Re-Opening Online It is public knowledge that successive government in the country have failed to massively fund education; this is evident in the indiscriminate manner they allocate meagre amount to the educational se...

Akwa Ibam State Government kick against schools Re-Opening and collection of fees for 3rd term of the 2019/2020 session. The State Commissioner for Education Prof. Nse Essien during an interactive session on Monday (18th May 2020) with the state Education Think-tank committee and Education Statekeholders, warned that schools who defy this order may loose their operating license. He added that resumption date for both public and private schools will be announced soon. The Commission when on to added that later in the week, a special website where all the lessons so far delivered on radio would be hosted to enable students to go back, revise and download both audio and lecture notes in lessons already delivered. His words, “No School, both public and private is authorized to start the 3rd term 2019/2020 school year, either in Schools environment or online. Resumption of Schools for the school year will be announced when government is convinced that our children will be safe in S...

His Excellency, Mohammed Buhari The presidential aid to President of The Federal Republic of Nigeria, Muhammed Buhari; Femi Adesina took to twitter to express why the said presidential address scheduled for Monday 18th May, 2020 could not hold. A tweet by Presidential spokesman Femi Adesina via his official twitter handle @FemiAdesina reads; "No Presidential broadcast on COVID-19 updates today. None was planned. Rather, the Presidential Task Force  during its usual media briefings bring the nation up to speed on the next steps." ----------------- For Advertisements & News Report: Contact: +2348107735463 Twitter: @chidikeedmond Instagram: @chidikeedmond Facebook: @chidikeedmondNGO Email: Click Here