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Nigerian Stock Exchange NSE

Investors lose N265 billion as stock market falls further

Investors in the equities market of the Nigerian Stock Exchange saw the value of their investments decline by N265bn on Thursday.
FILE PHOTO- Nigerian Senate President Bukola Saraki arrives for a news conference at the National Assembly in Abuja, Aug. 8, 2018. REUTERS-Afolabi Sotunde-File Photo

EFCC: How Senator Saraki diverted N12 billion from Kwara treasury

The Economic and Financial Crimes Commission, EFCC, claims former Senate President Bukola Saraki withdrew N12bn in cash from the treasury of the Kwara State Government while he was governor of the state between 2003 and 2011.
Innocent Chukwuma Innoson

Bench warrant: Innoson files motion of appeal, stay of execution

The chairman of Innoson Motors Nigeria Limited, Innocent Chukwuma, has filed a notice of appeal and motion for stay of execution against the bench warrant order on him.

Bank customers decry poor ATM services during Sallah

Bank customers in the Federal Capital Territory (FCT), on Tuesday decried poor network and insufficient funds in most Automated Teller Machines (ATMs).

Lawyer asks court to nullify central bank chief’s re-appointment

A whistle blower, George Uboh, has challenged the plan by the federal government to extend the appointment of the Governor of the Central Bank of Nigeria (CBN), Godwin Emiefele
Guaranty Trust Bank | GTB | GTBank

GTBank posts N50 billion profit after tax in three months

Guaranty Trust Bank (GTB) Plc has recorded a profit before tax (PBT) of N56.984 billion for the first quarter (Q1) March 31, 2019, showing an increase of 8.3 per cent, compared with the N52.624 billion recorded in the corresponding period of 2018.
Nigerian Stock Exchange NSE

NSE market capitalisation drops below N11 trillion mark

Weekly trading on the Nigerian Stock Exchange (NSE) resumed on Monday on bearish note with the market capitalisation dropping below N11 trillion mark amid price loses by some blue chips.
Guaranty Trust Bank | GTB | GTBank

GTB says taking legal steps on issues with Innoson Motors

Guaranty Trust Bank (GTB) says it is taking all necessary legal steps to ensure that no illegal or fraudulent execution is carried out over its court case with Innoson Motors.
Guaranty Trust Bank | GTB | GTBank

GTBank vows to resist illegal takeover by Innoson Motors

The management of the Guarantee Trust Bank (GTB) has vowed to take all necessary legal steps to ensure that no illegal or fraudulent execution of court order is carried out on the bank.
President Buhari receives in Courtesy Visit Labour Leadership led by President of Nigeria Labour Congress Ayuba Wabba in State House on 7th Mar 2019-3

GTBank congratulates President Buhari on re-election

The Guaranty Trust Bank (GTB) has congratulated President Muhammadu Buhari on the renewal of his mandate by the electorate.

Central bank mulls extension of payment system vision to 2030

With just one year to the Payment System Vision (PSV) 2020, the Central Bank of Nigeria (CBN) has disclosed that it has commenced a review of the project, just as it hinted of plan to set new targets under a refreshed version tagged PSV 2030.
Nigerian Stock Exchange NSE

NSE: Capitalisation gains N229 billion, fueled by 2018 earnings

The indices of the Nigerian Stock Exchange maintained a positive trend on Thursday with the market capitalisation gaining N229 billion in one day, ahead of 2018 earnings season.
Nigerian Stock Exchange NSE

NSE sustains positive outlook, indices up 1.41 parcent

Trading activities on the Nigerian Stock Exchange (NSE) remained positive on Friday, with Total Oil leading the gainers’ table for the day.

Court remands teenager for stealing N1.3 million from visually impaired man

A Chief Magistrates’ Court in Yaba, Lagos, on Wednesday remanded a 17-year-old boy in a juvenile home for allegedly stealing an Automated Teller Machine (ATM) card belonging to his visually impaired neighbour and withdrawing N1.3 million from the neighbour’s account.

Vice-chancellor tasks federal government on ASUU’s demands

The Vice-Chancellor of Kwara State University (KWASU) Malete, Professor Abdulrasheed Na’Allah, has called on the federal government to find lasting solution to the demands of the Academic Staff Union of Universities (ASUU) to avoid incessant strikes in the country’s universities.

Femi Falana writes AGF, seeks power to prosecute seven over alleged N170 million fraud

A senior lawyer, Femi Falana, has written the Attorney-General of the Federation, Abubakar Malami, seeking powers to prosecute Company Secretary/Legal Adviser, Zinox Group and Technology Distributions Limited (TD), Chris Eze Ozims, along with six others, for alleged fraud.
Innocent Chukwuma Innoson

Innoson’s Innocent Chukwuma loses bid to stop alleged forgery trial

Justice Ayotunde Faji of the Federal High Court, Lagos, yesterday, fixed December 7, for hearing of a motion seeking the issuance of bench warrant against the founder of Innoson Motors Nigeria Limited, Mr. Innocent Chukwuma and four others for their refusal to appear before the court for arraignment over alleged forgery .
Nigeria Stock Exchange

Financial expert foresees stock market rebounding after 2019 polls

A financial expert, Prof. Uche Uwaleke, on Wednesday expressed optimism that the Nigerian stock market would rebound by the second quarter of 2019.

Recent Stories

Juventus teenager Moise Kean has often been compared to Mario Balotelli and on Saturday he wrote himself into the Serie A history books.

Everton ‘ready to offer €35 million’ for Juventus starlet Moise Kean

Maurizio Sarri believes 19-year-old Juventus striker Moise Kean is surplus to requirements and is ready to offload the player this summer.
National Emergency Management Agency (NEMA), on Monday accused members of the Shiite group, Islamic Movement of Nigeria, of burning down two ambulances at the Agency’s Emergency Response and Ambulance Bays (ERABs) in Abuja.

NEMA: Shiites burnt down two quick response ambulances

National Emergency Management Agency (NEMA), on Monday accused members of the Shiite group, Islamic Movement of Nigeria, of burning down two ambulances at the Agency’s Emergency Response and Ambulance Bays (ERABs) in Abuja.
Nigerian Stock Exchange NSE

NSE indices resume with 40% loss amid profit taking

Activities on the nation’s bourse opened for the week on Monday on downward posture, with crucial market indices shedding 0.40 per cent.
Head of the Civil Service of the Federation, Mrs Winifred Oyo-Ita

Winifred Oyo-Ita: Unrealistic demands by labour unions hampering implementation of new minimum wage

The Federal Government has revealed that the new minimum wage of N30,000 is yet to be implemented in full across the board in the Federal Civil Service because of unrealistic demands of the labour unions.
Abba Kabir Yusuf

Tribunal: PDP tenders 241 exhibits against Governor Ganduje’s election

Abba Kabir-Yusuf, the Peoples Democratic Party (PDP) candidate in the March 23 Governorship election in Kano State, on Monday, tendered 241 exhibits before the state Governorship Election Petition Tribunal.