By Kayode Tokede The mana-gement of First Bank of Nigeria Limited on Wednesday approved the appointment of Mr. Gbenga Shobo, currently Deputy Managing Director, as the Managing Director/CEO designate of the bank. Gbenga succeeds Sola Adeduntan, who had been leading…
By Kayode Tokede The Nigerian Exchange (NGX) Limited has kicked off its first Automated Trading System (ATS) Certificate Training for stockbrokers in 2021 with a focus on capacity building beyond equities. This makes the second cohort under this new remote…
By Kayode Tokede Transactions on Nigerian Exchange Limited (NGX) on Wednesday closed in the negative region to extend the previous day’s negative sentiment, as investors’ investment declined by N274 billion. In summary, the All-Share Index (ASI) dropped by 524.00 basis…
FMDQ Securities Exchange recorded a turnover of N50.32 trillion in the Fixed Income and Currency (FIC) market in the first quarter (Q1) of 2021. A breakdown of the performance showed a steady monthly growth, rising from N13.03 trillion in January,…
The Nigerian National Petroleum Corporation (NNPC), Total Upstream Nigeria Limited and their partners have donated a medical oxygen plant to the Gbagada General Hospital, Lagos. The plant was inaugurated on Wednesday by the Lagos State Governor, Mr Babajide Sanwo-Olu. Sanwo-Olu…
The Department of Petroleum Resources (DPR) has assured indigenous oil and gas trainers of more collaboration towards sustainable human capacity development, for the benefit of stakeholders in the Nigerian oil and gas value-chain. Mr Sarki Auwalu, Director, DPR, gave the…
The House of Representatives have asked the Central Bank of Nigeria (CBN) to immediately suspend the recapitalisation of Microfinance Banks (MfBs). This followed the adoption of a motion by Rep. Saidu Abdullahi ( APC-Niger) on the floor of the House…
The Federal Executive Council (FEC) has approved an augmentation of N665 million for the procurement of poultry equipment for displaced poultry farmers in Borno, Yobe, Plateau and Zamfara. The Minister of Humanitarian Affairs, Disaster Management and Social Development, Hajiya Sadiya…
The Economic and Financial Crimes Commission, EFCC, has urged Nigerian students and Youth Corps members to embrace hard work and shun any involvement in computer-related frauds. The Zonal Head of the Lagos Office, Ghali Ahmed, gave the charge at a…
The Lagos Chamber of Commerce and Industry (LCCI) has advised government to do more in addressing the nation’s security problems. This, it said, was necessary to re-project the Nigerian economy as a safe investment destination and encourage foreign direct investments.…
