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The logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria, file. REUTERS-Afolabi Sotunde

NGX: Negative sentiments persist, indices down by 0.29%

Negative sentiments persisted on the Nigerian Exchange (NGX) on Tuesday, following profit-taking as Guinness dragged the All-Share Index lower by 0.29 per cent.
Gombe state Governor, Muhammadu Inuwa Yahaya has declared that the challenging experience the state went through in the 2020 fiscal year will be used to sharpen the vision of the government for the 2021 fiscal year and beyond.

Gombe governor applauds NAHCON for introducing Hajj savings scheme

Gombe State Governor, Muhammadu Inuwa Yahaya has assured the National Hajj Commission of Nigeria, NAHCON and Jaiz Bank that his administration will continue to work in partnership with them in order to enable the low income earners from the state reap the benefits of the newly introduced Hajj Savings Scheme.

Jigawa governor: Hajj savings scheme will boost MSMEs, financial discipline

The newly introduced Hajj Savings Scheme by the National Hajj Commission of Nigeria (NAHCON) in collaboration with State Muslim Pilgrims Welfare Boards and Jaiz Bank Plc will boost access to finance Micro, Small and Medium Enterprises (MSMEs), the Jigawa State Governor, Muhammad Abubakar, has said.
NAHCON Chairman, Alhaji Zikrullah Hassan, said this on Friday in a Sallah message in Abuja on Friday.

NAHCON: We’re committed to making hajj exercise affordable

The Chairman, National Hajj Commission of Nigeria (NAHCON), Alhaji Zikrullah Hassan, has reiterated the commission’s commitment to making hajj exercise affordable to prospective pilgrims.
The logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria, file. REUTERS-Afolabi Sotunde

NSE’s capitalisation drops further by N112bn on profit taking

The local bourse sustained its negative run on Thursday recording the fourth consecutive loss, following profit taking in Dangote Cement, Zenith Bank and United Bank for Africa stocks.
The logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria, file. REUTERS-Afolabi Sotunde

NSE: Nigerian stocks maintain bullish trend for fifth straight day

Equities on the Nigerian Stock Exchange generally posted their fifth consecutive daily gains on Thursday as leading stocks including Seplat, Dangote Cement and MTNN propelled the N325 billion upward drift.
The Managing Director-Chief Executive, Jaiz Bank Plc, Mr. Hassan Usman, has said the commencement of savings initiative for the hajj is a dream come true for Muslim pilgrims who desire to visit the Holy Land.

Jaiz chief: Hajj savings scheme game changer for Muslim pilgrimage

The Managing Director/Chief Executive, Jaiz Bank Plc, Mr. Hassan Usman, has said the commencement of savings initiative for the hajj is a dream come true for Muslim pilgrims who desire to visit the Holy Land.
The logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria, file. REUTERS-Afolabi Sotunde

Nigeria’s stock market closes for Christmas with N2 billion loss

Nigerian Stock Exchange (NSE) on Thursday reversed its uptrend, dropping by N2 billion ahead of the Christmas celebration.

NDIC: Why deposits in closed banks remain unclaimed

The Nigeria Deposit Insurance Corporation (NDIC) on Friday explained why failed banks retain high volume of unclaimed deposits, long after they have closed.
The logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria, file. REUTERS-Afolabi Sotunde

Airtel, Guinness drive NSE ASI up 1.73 percent

Despite the bearish sentiment that hovered around the Nigerian stock market last week, transactions rebounded as the shares of Airtel, Guinness and Dangote Cement lifted the market’s index up by 1.73 per cent on Monday.
The logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria, file. REUTERS-Afolabi Sotunde

Nestle, Dangote top losers as Nigerian stocks lose N279 billion

Nigerian Stock Exchange closed southward on Tuesday for the second consecutive day, with market capitalisation shedding N279 billion.
The Chairman-CEO, National Hajj Commission, NAHCON, Alhaji Zikrullah Hassan has urged all stakeholders in the recently launched Hajj Savings Scheme, HSS to make positive contributions to the growth of Hajj system

NAHCON charges stakeholders on growth of HSS

The Chairman/CEO, National Hajj Commission, NAHCON, Alhaji Zikrullah Hassan has urged all stakeholders in the recently launched Hajj Savings Scheme, HSS to make positive contributions to the growth of Hajj system, calling on participants to play vital roles to advance Hajj administration in Nigeria.
The Director-General of ICRC, Mr Chidi Izuwah, disclosed this on Thursday in Abuja when he received a delegation of the National Hajj Commission of Nigeria (NAHCON) led by its Chairman, Mr Kunle Hassan.

PPPs attract $8.5 billion into Nigerian economy in 10 years – ICRC chief

The Management of the Infrastructure Concession Regulatory Commission (ICRC), says it has in the last 10 years shored up the Nigerian economy with over 8.5 billion dollars generated from Public Private Partnerships (PPPs).
Jaiz Bank Plc, on Sunday, said it has promoted 216 staff while193 staff got step-wise notch increment as part of its tradition of rewarding and motivating employees for higher productivity.

Jaiz Bank: Why Shaheed Khan cannot be MD now

Managing Director of the bank, Mallam Hassan Usman, told journalists on Sunday in Abuja that Khan had only a three year conditional offer, which the Central Bank of Nigeria (CBN) did not agree to.

#EndSARS: Islamic group accuses UK, US of bias against Nigerian Muslims

The Supreme Council for Sharia’ah in Nigeria (SCSN) has accused the United Kingdom, United States, Canada and some other countries of bias against Nigerian Muslims.
The logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria, file. REUTERS-Afolabi Sotunde

NSE market indicators resume week with 0.01% growth

The market indicators of the Nigerian Stock Exchange (NSE) resumed transactions for the week on Monday with a marginal growth of 0.01 per cent, amid cautious trading.
The logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria, file. REUTERS-Afolabi Sotunde

NSE All-Share Index rebounds 0.16 percent

After three consecutive days of losses, the Nigerian Stock Exchange (NSE) All-Share Index on Friday rebounded by 0.16 per cent.
The logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria, file. REUTERS-Afolabi Sotunde

NSE resumes September trading with N46 billion growth

The Nigerian Stock Exchange on Tuesday sustained positive trend to open trading for the month of September with a growth of N46bn.
The logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria, file. REUTERS-Afolabi Sotunde

NSE: Trading sustains positive trend, up by 0.31 per cent

Activities on the Nigerian Stock Exchange (NSE) extended a positive trend on Tuesday with key market indices appreciating further by 0.31 per cent.
Jaiz Bank Plc, on Sunday, said it has promoted 216 staff while193 staff got step-wise notch increment as part of its tradition of rewarding and motivating employees for higher productivity.

Jaiz Bank promotes 216 staff

Despite the crushing effects of the COVID-19 pestilence on the economy, Jaiz Bank Plc, on Sunday, said it has promoted 216 staff while 193 staff got step-wise notch increment as part of its tradition of rewarding and motivating employees for higher productivity.
The logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria, file. REUTERS-Afolabi Sotunde

NSE market capitalisation up by N177 billion on Dangote Cement gain

The key market indicators of the Nigerian Stock Exchange (NSE) on Thursday posted the first gain for the week, appreciating by 1.40 per cent.
The logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria, file. REUTERS-Afolabi Sotunde

Equities market decline marginally by 0.01 per cent

Sentiments in the local bourse weakened leaving the All Share Index (ASI) of the Nigerian Stock Exchange (NSE) at 24,276.56 basis points on Thursday, having declined marginally by 0.01per cent.

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EFCC hands over recovered N67.5 million to victim in Enugu

The Economic and Financial Crimes Commission (EFCC), has restituted the sum of N67,523,000 to one Mr. Emmanuel Onyekachukwu Onah, a trader based in Onitsha, Anambra State.
Youth members of the People’s Democratic Party (PDP) from the South-West have urged the leadership of the party to pick Rivers State’s Governor Nyesom Wike as Vice-Presidential Candidate in the 2023 elections.

Governor Wike: Nobody can undermine Rivers in quest for Nigeria’s presidency

Rivers State Governor, Nyesom Wike, has said that anybody jostling to be president of Nigeria would also need to secure votes in Rivers to combine with either Kano or Lagos to emerge victorious.
The All Progressives Congress has named the Governor of Kogi State, Yahaya Bello as chairman of its Ondo State Governorship Primary Election Committee.

Governor Bello: Many PDP governors will join APC soon

Kogi State Governor and Chairman of Contact and Mobilisation Committee of the ruling All Progressives Congress (APC), Yahaya Bello, has said more governors elected on the platform of the Peoples Democratic Party (PDP) and other political bigwigs would soon join the party.

RCCG apologises to minister over Osun road project

Minister of Works and Housing, Babatunde Raji Fashola (SAN), on Thursday, dismissed alleged payment of N151million to a firm for a road rehabilitated by the Redeemed Christian Church of God (RCCG) in Osun State.
Over 9000 candidates are jostling for 4000 admission slots in Yusuf Maitama Sule University Kano (YUMSUK) for the 2020-2021 academic session.

NUC approves Kano university’s postgraduate school

The National Universities Commission (NUC) has approved the establishment of a Postgraduate School and the commencement of 34 postgraduate programmes in Yusuf Maitama Sule University, Kano.

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Gov. Aminu Tambuwal of Sokoto State has felicitated with Nigerians on the occasion of Christmas celebration and urged everyone to adhere strictly to COVID-19 protocols.

PDP governors urges President Buhari to stem ethnic, religious tension

Governors elected on the platform of the Peoples Democratic Party (PDP) have challenged President Muhammadu Buhari to, as a matter of utmost urgency, stem the tide of endless ethnic and religious tension spreading like wildfire in the country.
Senator Godswill Akpabio, the Minister of the Niger Delta Affairs, has reacted to what he called “a cornucopia of false, malicious, and libellous press interviews” granted by Ms. Gbene Joi Nuineh, the erstwhile Acting Managing Director of the Interim Management Committee, of the Niger Delta Development Commission, (NDDC) in some news and social media platforms and a “series of concerted vicious campaigns of calumny deviously orchestrated by her” against his person.

Senator Akpabio: Judge me by my legacy

Minister of Niger Delta Affairs, Senator Godswill Akpabio, has stated that he desires to be judged by the legacy he would leave behind and not by what critics say.

Dangote Sugar denies involvement in price fixing

Dangote Sugar Refinery PLC (DSR) has denied an online publication claiming the company’s involvement in price-fixing and not transparently engaged in any Backward Integration Programme as claimed.
Liverpool forward Sadio Mane was more deserving of the Best FIFA Men's Player award in 2019 than Barcelona star Lionel Messi, according to France great Alain Giresse.

Liverpool boss ‘not concerned’ about Sadio Mane’s poor form

Jurgen Klopp has said he had no concerns over the form of Sadio Mane, despite the Liverpool forward’s struggles in front of goal in recent weeks.
Borno Governor, Professor Babagana Umara Zulum, has commended the Nigerian military over recent gains recorded against Boko Haram’s fighters in Gwoza and the road leading to the northern part of the State.

Borno governor: President Buhari not losing hope on finding remaining Chibok schoolgirls

Borno State governor, Prof. Babagana Zulum, has assured parents of the remaining 112 Chibok schoolgirls still in the captivity of Boko Haram terrorists, that President Muhammadu Buhari was not losing hope until the girls regain their freedom.