After starting the year on a positive momentum, the bear took over the insurance market sector of the Nigerian Exchange in the second trading week of the year as the market closed on a negative note at 0.69% This was…
The combined market capitalization of the stocks worth over one trillion (SWOOTs) appreciated by 1.88% to close at N17.06 trillion from N16.75 trillion the previous week, reflecting a gain of N315.49 billion. Stocks included in this classification are AIRTELAFRICA, BUA…
The nation’s bourse extended its losing streak on Friday by N81 billion on sustained profits taking. Specifically, the market capitalisation inched lower by N81 billion or 0.34 per cent to close at N23.951 trillion from N24.032 trillion recorded on Thursday.…
…Seizes cash, arms, ammunition, 137.754kg narcotics across 7 states About one million, five hundred thousand tablets and capsules of pharmaceutical opioids such as Tramadol, Exol-5 and Diazepam loaded in Onitsha, Anambra state and heading to Yauri, Kebbi state have been…
The National Pension Commission (PenCom) has announced it has automated the Pre-Retirement Verification Enrolment Exercise. This was disclosed by PenCom in an online statement published on Twitter on Friday. The statement said that the PenCom DG, Aisha Dahir-Umar has prioritized…
The Executive Secretary, Nigerian Shippers’ Council (NSC), Mr Emmanuel Jime, on Friday said the council would pursue incentives that would boost indigenous shipowners’ operations. Jime said this when Dr Mkgeorge Onyung, President, Shipowners Association of Nigeria (SOAN), paid him a…
By Uthman Salami The unison of oil marketers under the aegis of the Independent Petroleum Marketers Association of Nigeria (IPMAN) have announced that no leadership change has been effected in the association’s National Executive whose tenure is expected to expire…
Magistrates’ Court sitting in Port Harcourt, Rivers State has reserved ruling in a case of alleged obtaining by false pretence brought against the Nigerian Liquefied Natural Gas Limited (NLNG), its former Managing Director, Mr. Tony Attah, and General Counsel, Akachukwu…
By Uthman Salami Germany, the Europe’s largest economy is projected to become a net importer of electricity in 2023 for the first time since 2002 due to retiring coal plants and the nuclear phase-out. The International Energy Agency (IEA) made…
The Special Assistant to Oyo State Governor on Student Affairs, Victor Olojede, has slammed the University of Ibadan Students’ Union over the open letter written to the State Governor, Seyi Makinde. The Students’ Union had written a letter to Makinde,…
