NewsDirect

NewsDirect

NGX extends losing streak by N79bn

The Nigerian equities market on Tuesday extended bearish run as a result of profit taking in BUA Foods and 20 other stocks. Specifically, the All-Share Index declined by 146.15 per cent or 0.31 per cent to close at 47,057.24 compared…

CITN donates food items to Borno IDPs

The Chartered Institution of Taxation of Nigeria (CITN), has donated assorted food items to Internally Displaced Persons (IDPs) in Borno. CITN’s President, Mr  Adesina Adedayo, who made the donation on Tuesday at a camp in Gubio, said the gesture was…

Lawmakers probe banks over N1.2trn unclaimed funds

By Ismail Azeez, Matthew Dennis and Ariemu Ogaga The House of Representatives’ Ad Hoc Committee on Unclaimed Funds in Commercial Banks and Infractions by the Central Bank of Nigeria (CBN) has commenced  investigation of funds stuck in the Deposit Money Banks,…