The total value of domestic and foreign transactions on Nigerian Exchange Limited (NGX) for the first five months of the year 2022 has recorded a total sum of N1.506 trillion. This record shoots higher against N933.65 billion, which was the total trans…
#OBIdients unsettle APC, PDP as Nigerian youths seek to reclaim their power
At first they were dismissed as noise makers on social media, derided that there’s no polling booths on Twitter, and shamed for supporting a party without a widespread political structure, but its seems that all the murk hurled at Peter Obi’s young sup…
Nigeria’s mandate to ambassadors to woo foreign investors
The Nigerian government recently advised ambassadors to woo investors into the country. The mandate was given through the Nigerian Investment Promotion Council (NIPC) at a round-table on Economic Diplomacy. According to the Federal Government, there ar…
Nigeria faces ‘fiscal time bomb’, says World Bank
With no end in sight to the double whammy of soaring petrol subsidy and plunging crude oil production, the World Bank has warned that a fiscal time bomb could explode in Nigeria. The Federal Government, which had initially budgeted to spend N443 billio…
British High Commission commends peaceful governorship election in Ekiti
The British High Commission has lauded Nigeria’s electoral body and the residents of Ekiti State for peaceful and democratic participation in the governorship election held on Saturday, June 18, 2022. “As the first major election conducted since the en…
Dangote Cement, MRS, others reroute stock market northwards
Nigeria’s equities market on Tuesday recorded its first gain this week as investors showed remarkable buy interest in most capitalised stock, Dangote Cement Plc and that of MRS Oil Nigeria Plc. The market went up by N181billion or 0.66percent at the cl…
Firm signs Kanu Nwankwo as global ambassador
Nwankwo Kanu, Nigerian football legend has signed as a Global Ambassador for Sportsbet.io, a crypto sports gaming and entertainment firm. Kanu, affectionately known as Papilo to his millions of fans during his playing days at Arsenal, won Olympic Gold …
N25bn loan: Delta Govt assisting farmers boost production – Aniagwu replies Opposition
Delta State Government has defended it’s action in approaching the state’s House of Assembly to approve it’s request for a credit facility of N25 billion for oil palm production initiative. Charles Aniagwu, the state commissioner for information, on Mo…
No rancour among Supreme Court justices – CJN
Tanko Mohammad, the Chief Justice of Nigeria, (CJN), says there is no rancour among justices of the Supreme Court, adding that the apex court has, to a larger extent, been living up to its constitutional responsibility, amid budgetary constraints. Muha…
CardinalStone Securities Limited executes the largest block deal in the Nigerian Capital Market
CardinalStone Securities Limited is pleased to announce the execution of the sale of 27,336,952,296 ordinary shares of Union Bank of Nigeria Plc at ₦7.00 per share by Atlas Mara Limited and Union Global Partners Limited to Titan Trust Bank Limited. The…