June 2024

NGX sheds N56bn as investors sell off banking stocks

Losses in Teir-one banking stocks on Friday pushed the market indices into a negative terrain, making investors to lose N56 billion. Specifically, sell-offs in the stocks of Guaranty Trust Holding Company (GTCO), Zenith Bank, FBN Holdings, Fidelity Bank,  Wema Bank,…

U.S lawmakers seek release of Binance chief

The United States lawmakers French Hill and Chrissy Houlahan have called for the release of Binance executive Tigran Gambaryan, who is currently detained in Nigeria on charges of tax evasion and other financial crimes. The lawmakers’ appeal followed a Wednesday’s…

Drug Abuse: NDLEA arrests 454 suspects in Adamawa

The National Drug Law Enforcement Agency (NDLE), Adamawa Command, says it has arrested no fewer than 454 suspected illicit drug traffickers/peddlers from June 2023 till date. State Commander of NDLEA, Mr Samson Agboalu, disclosed this on Friday at a news…