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Nigerian stocks closed the first half down with average loss of 8.80 per cent, equivalent to net capital depreciation of N1.14 trillion as investors struggled with a threesome of domestic macroeconomic uncertainties, global decline in crude oil price and trade wars and the ravaging COVID-19 pandemic.
The senior pastor of Awaiting The Second Coming Of Jesus Christ, Pastor Adewale Giwa, has alleged that manufacturers of Coronavirus deliberately want the lockdown to continue so they can perpetuate their evil plans.
Some experts are optimistic that the capital market would recover from the devastating effect of the COVID-19 pandemic and rebound in 2021.
World stocks gained on Tuesday after Chinese trade data came in better than expected and some countries tried to restart their economy by partly lifting restrictions aimed at containing the coronavirus outbreak.
About 165 global leaders, including a former UK Prime Minister, Gordon Brown, and former Nigerian president, Olusegun Obasanjo, have called for a concerted global response to the coronavirus pandemic led by the G-20 countries.
The All Progressives Congress (APC) says a majority of Nigerians want a working president but that only a few want one who talks.
Oil prices rose on Thursday but pared early gains as investors tried to assess how effective massive stimulus by central banks will be in shoring up the global economy as the shock from the coronavirus pandemic deepens.
Interpol has issued a notice to police forces around the world about various scams that have sprung up which take advantage of the Corronavirus (COVID-19).
Mr Emmanuel Atama, the Executive Secretary of the National Cooperative Financing Agency of Nigeria (CFAN), has appealed to the Central Bank of Nigeria (CBN) to use appropriate monetary policy tools to check rising inflation rate in the country.
Mr John Mahama, Former President of Ghana on Tuesday appealed to the Nigeria Government to open up her border so that economic activities can resume in West Africa.
A Federal High Court sitting in Kano has struck out a suit seeking the sack of Dr. Babatunde Fowler as the Executive Chairman of the Federal Inland Revenue Service.
Remember the sacrifices made by our Founders and great leaders past; by soldiers, by distinguished public servants; by traditional leaders, by our workers —- sacrifices on which Nigeria has been built over the 59 years since Independence in 1960; and
The Federal High Court in Abuja has ordered the permanent forfeiture of some money returned by a suspect linked to the suspended Head of Service of the Federation, Mrs Winifred Oyo-Ita.
Nigeria is set to establish a government-driven national donor coordination mechanism to ensure that external financing is maximised for the good of the country, Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, said on Wednesday.
As fiscal and monetary authorities collaborate to ensure that Nigerians keep up the 63.6 per cent financial inclusion stride with the aim of attaining the set target of 20 per cent exclusion rate by 2020, the frightening series of bank robberies and frauds in the system may have put a lid on the agenda.
The Lagos Chamber of Commerce and Industry (LCCI) says the quality of the nation’s infrastructure, policies and institutions are crucial to driving economic diversification.
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The National Vice Chairman, South-South, of the Peoples Democratic Party, Dan Orbih, says All Progressives Congress chieftain, Bola Tinubu, is behind the political instability rocking the Edo State House of Assembly.
Pastor Godwin Olaoluwa of Glory of Christ Church, Ilorin, Kwara, has urged religious leaders to support the youth by establishing skills centres.
Katsina State Government has appreciated the military and other security agencies for the gradual restoration of peace and normalcy to the state. It was also noted that the general security situation in Katsina State was gradually returning to normalcy.
Three hundred and thirty-one Nigerians have arrived Abuja, the nation’s capital from the United Arab Emirates. The Nigerians in Diaspora Commission (NIDCOM) disclosed this on Friday via Twitter.
The leadership of the Senate and House of Representatives Committees on Army have lauded the effort of Nigerian Army in curtailing banditry and other security challenges in the North West.
China’s ByteDance has agreed to divest the U.S. operations of TikTok completely in a bid to save a deal with the White House, after President Donald Trump said on Friday he had decided to ban the popular short-video app, two people familiar with the matter said on Saturday.
An Environmental Expert, Prof. Chukwumerije Okereke, says the revision of the nation’s Nationally Determined Contributions (NDC) has the potential to impact Nigeria and Africa’s climate change policy and economic development.
Coalition Against COVID-19 (CACOVID) has begun the distribution of food items, as palliatives to Kano residents to alleviate their hardship caused by the pandemic.
Dutchman Clemens Westerhof is determined to clear his name of the match-fixing allegations levelled against him by his former assistant in Super Eagles, Johannes Bonfrere.
President Donald Trump is days away from announcing strong action against the popular Chinese-owned video sharing app TikTok to protect US national security, Secretary of State Mike Pompeo said Sunday.