NGX Insurance
11 Mar
The financial services industry dominated in volume terms at the end of last week's transactions on the equities sector of the Nigerian Exchange Limited (NGX) with 899.5 million shares valued at N15.9 billion traded in 20,278 deals, thus contributing 41.70 per cent to the total equity turnover volume.
1 Jan
Despite rising insecurity and a mix of macroeconomic challenges, the Nigerian equities market soared significantly last year 2023 with investors gaining N13 trillion in nominal terms.
13 Nov
The naira depreciated by 22.1 per cent to N996.75/$ at the Nigerian Autonomous Foreign Exchange Market (NAFEM), with total turnover falling by 7.4 per cent week-to-date (w/w) to $545.89 million.
2 Oct 2023
The financial services industry dominated in volume terms at the end of last week’s transactions on the floor of the Nigerian Exchange Limited (NGX). It led the activity chart with 940.539 million shares valued at N11.4 billion traded in 14,627 deals...
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The Central Bank of Nigeria (CBN) has informed Bureau De Change (BDC) operators about direct sales of US dollars at a discounted rate of N1,021 per dollar. The directive was contained in a circular issued by the apex bank on Tuesday, 23 April 2024. This is the second sale this month and the fourth in…
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Nigerian singer Tems has announced the release of her latest single ”Love me Jeje” an imitation of Seyi Sodimu in 1997. Seyi Sodimu known as Mr. Jeje is a Nigerian singer-songwriter, best known for his hit single "Love Me Jeje". The song made him popular in Nigeria in the late 1990s and early 2000s. The…
11 mins ago
Dangote Oil and Petroleum Refinery has once again slashed the prices of diesel and aviation fuel. Dangote on Tuesday announced a further reduction in the prices of both diesel and aviation fuel to N940 and N980 per litre respectively. This latest round of reductions is coming about two weeks after the company slashed the price…
19 mins ago
Flutterwave is ready for an initial public offering (IPO), says CEO, Olugbenga ‘GB’ Agboola (Right)[/caption] Nigeria’s top company in the financial technology sector, Flutterwave, has rolled out plans for an initial public offering (IPO). This was disclosed by the chief executive of Flutterwave, Olugbenga ‘GB’ Agboola, at Semafor’s World Economy Summit in Washington D.C. on…
49 mins ago
Erik ten Hag says the media reaction to Manchester United's performance in the FA Cup semi-final against Coventry was "a disgrace", robustly defending his side's achievement in reaching a second straight final. United surrendered a 3-0 lead at Wembley on Sunday and were saved from a humiliating exit in extra time only by a VAR…
57 mins ago
A Federal High Court, Abuja, on Tuesday, fixed May 10 for ruling on an application by former Governor of Kogi, Alhaji Yahaya Bello, seeking an order of setting aside the April 17 arrest warrant issued against him. Justice Emeka Nwite fixed the date after counsel for the Economic and Financial Crimes Commission (EFCC), Kemi Pinheiro,…
1 hour ago
A 31-year-old Chinese tourist died after falling into an acidic crater lake in Indonesia’s East Java province, local media reported. The tourist was taking a selfie with her husband when she slipped and fell into the 75-metre-deep Ijen Crater in Banyuwangi district , Kompas.com reported on Tuesday. The couple’s tour guide said the woman had…
1 hour ago
The Nigerian government has said that every Nigerian borrower who goes for made-in-Nigeria product would get better terms on their credit facility. This was revealed by President Bola Tinubu's spokesperson Ajuri Ngelale during in an interview on TVC. "The president has put in a stipulation that we are going to be giving through the Consumer…
1 hour ago
The Federal High Court in Abuja has rejected the request made by a former governor of Kogi State, Yahaya Bello, that his order of arrest should be discharged. The court rejected the request on Tuesday after Bello who was absent at his arraignment said he is ready to make an appearance but he is afraid…
1 hour ago
Former Governor of Kogi, Alhaji Yahaya Bello, on Tuesday, prayed a Federal High Court, Abuja to vacate the arrest warrant order issued to the Economic and Financial Crimes Commission (EFCC) against him on April 17. Bello, through his lawyer Adeola Adedipe, SAN, made the application following an order by Justice Emeka Nwite, directing the EFCC…