Exchange Traded Fund
10 May 2024
Exchange Traded Fund (ETF) in Nigeria has grown steadily from a market capitalisation of N988 million in 2011 to N36 billion as of April 2024, the Nigerian Exchange Limited (NGX) has said.
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Lagos State governor, Babajide Sanwo-Olu, has urged landlords not to increase house rents following the construction of new roads in the Agboyi-Ketu Local Council Development Area (LCDA) of the state. The governor made this appeal on Thursday during the commissioning of Demurin, Agidi, and Church Streets in the LCDA. Speaking at the event, which was…
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The Niger Delta Development Commission (NDDC) has urged traditional rulers, clergy, and community leaders from the region to embrace Alternative Dispute Resolution methods to resolve conflicts in their domains. The Commission noted that the call comes on the heels of its drive to take proactive steps to promote peace and stability in the region. Speaking…
19 mins ago
The apex Igbo socio-cultural organisation, Ohanaeze Ndigbo Youth Council Worldwide, on Thursday, cautioned against attempts to create ethnic tensions over alleged attacks on truck drivers in the Southeast. The group was reacting to concerns raised by the Arewa Consultative Forum (ACF), which claimed that truck drivers transporting goods from the North to the Southeast were…
25 mins ago
ActionAid Nigeria, in collaboration with key government agencies and the Women and Children Health Empowerment Foundation (WACHEF), has launched the Innovative Action for School Feeding Programme in Taraba State. The launch, which took place on Thursday in Gembu, the administrative headquarters of the Sardauna Local Government Area, as noticed by The Guardian, is being implemented…
27 mins ago
The Ogun State Government has shut down two industries – Quantum Steel Industry, Ogijo, Sagamu Local Council, and Xinfeng Plastics Limited along the Lagos-Ibadan Expressway – due to industrial accidents that resulted in fatalities. While Quantum Steel was shut down due to an industrial explosion that resulted in fatalities, with some victims still hospitalised, Xinfeng…
32 mins ago
Operatives of the Lagos State Police Command have arrested two Pakistanis who are the leaders of a notorious kidnapping ring in the state. They were arrested on Wednesday after sources informed the police of the abduction of a 48-year-old Pakistani in Ikeja, the state’s capital. The police spokesperson, Benjamin Hundeyin, in a statement, identified the…
40 mins ago
Five days after the Federal Government announced the appointment of Professor Lucian Chukwu as the substantive Vice-Chancellor of Admiralty University, Ibuzor, Delta State, it has reversed the decision. In a statement by the Federal Ministry of Education on Thursday, the government admitted erring in the appointment of Prof. Chukwu as Vice-Chancellor. The statement, signed by…
44 mins ago
The Nigerian Gas Association (NGA) has called for urgent reforms to address overlapping laws and regulations in the gas sector, which continue to increase the cost of doing business. The president of the association, Akachukwu Nwokedi, delivered this critical message during a goodwill address at the Nigeria International Energy Summit (NIES) 2025, themed "Aligning Nigeria’s…
52 mins ago
American model Amber Rose has announced that she no longer identifies as a feminist. In a recent interview with Club Shay Shay podcast, Amber Rose explained that her decision was influenced by witnessing the “dark side of what some women are capable of.” Amber revealed that she has seen friends deceive men by lying about…
1 hour ago
While Nigerians continue to bask in the euphoria of a crash in food prices, traders who have hoarded grains are bemoaning the 40% drop in prices between December and March 2025. In December, many traders bought grains for storage, intending to sell when prices rose by February-March, as has been the norm in the last…