Capital Market
25 Jan 2024
The Nigerian Exchange Limited (NGX) achieved a new record of 100,000 mark as sustained bargain hunting in Dangote Cement Plc propelled the all-share index (ASI) to rise by three per cent.
2 hours ago
The Federal High Court in Lagos has ordered the arrest of a fleeing worker of the Dangote Industries Limited (DIL), Emmanuel Oku, who was allegedly involved in a diesel fraud of ₦740 million. Justice Deinde Dipeolu issued a bench warrant against Oku on Friday after the latter failed to appear in court for trial despite…
2 hours ago
France’s judiciary on Tuesday issued an arrest warrant for ousted Syrian leader Bashar al-Assad on suspicion of complicity in war crimes, specifically relating to the death of a French-Syrian man in 2017. Investigating judges suspect al-Assad of complicity in murder and attacks on civilians. The newspaper Le Parisien reported that the 59-year-old man was killed…
5 hours ago
Netflix on Tuesday said it added nearly 19 million subscribers during the holiday season to finish out last year with more than 300 million subscribers. Company executives credited steady investments in shows and films with helping power growth at the streaming behemoth, while announcing it is increasing prices in Argentina, Canada, Portugal and the United…
6 hours ago
The Chief Executive Officer of the Centre for the Promotion of Private Enterprise (CPPE), Dr Muda Yusuf, said there is no cause for worry over President Donald Trump’s plan to impose additional tariffs and taxes on goods
6 hours ago
The National Drug Law Enforcement Agency’s (NDLEA) proposed integration into the Deep Blue Project to enhance the protection of Nigeria’s maritime space has, again, raised concern over the rising threat of drug trafficking through the waterways.
6 hours ago
Experts have projected a significant decline in indigenous shipping operations in Nigeria as domestic refinery production rises, reducing the country's reliance on imported petroleum products.
7 hours ago
Lagos Free Zone (LFZ), the first privately-owned zone in Nigeria, has called for collaboration with the Deputy High Commission of Canada to facilitate foreign direct investment (FDI) to the zone.
7 hours ago
Trade Union Congress (TUC) has charged the Taiwo Oyedele-led Presidential Fiscal Policy and Tax Reforms Committee to expand the threshold for tax exemption from N800,000 to N2.5 million.
8 hours ago
The Managing Director of PalmPay, one of Africa’s fintech platforms, Chika Nwosu, has restated the commitment of the company to growing cashless payments across the country. Nwosu disclosed this during a media roundtable held at the weekend in Lagos.
8 hours ago
The Office of the Auditor General for the Federation (OAuGF) has directed the management of the Federal Housing Authority (FHA) to account for N2.57 billion it spent without authorisation.