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11 Nigerian banks pay N308.2 billion dividends to shareholders

A total of 11 listed banks have declared a cumulative N308.206 billion dividends to their numerous shareholders in their respective 2020 financial year, in a move to give these investors good returns on investment, according to a report.
Uche Sampson Ogah

Minister: Nigeria records 1.6m grams of Gold production in five years

Dr Ochechukwu Ogah, Minister of State, Ministry of Mines and Steel Development (MMSD) says the ministry recorded 1,562,720 grams of Gold production from 2016 to 2020.Dr Ochechukwu Ogah, Minister of State, Ministry of Mines and Steel Development (MMSD) says the ministry recorded 1,562,720 grams of Gold production from 2016 to 2020.

Abuja chamber seeks presidential commission on cryptocurrency policy

The Abuja Chamber of Commerce and Industry (ACCI) has called on the Federal Government to immediately set up a Presidential Commission on Cryptocurrency in view of recent developments in the digital and Cryptocurrency space in Nigeria and internationally.
The logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria, file. REUTERS-Afolabi Sotunde

Nigerian Exchange launches new corporate identity

Nigerian Exchange Group (NGX Group) Plc, a leading integrated market infrastructure in Africa, has launched of its new corporate brand identity and website today, 13 April 2021.
The logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria, file. REUTERS-Afolabi Sotunde

44 companies to face NSE’s sanctions over default filing

A total of 44 companies quoted on the Nigerian Stock Exchange, NSE, may face sanctions from the Exchange for failing the timeline in rendition of 2020 audited financial results.
The Chief Executive Officer, Nigerian Stock Exchange (NSE), Mr. Oscar Onyema, on Monday restated the exchange’s commitment to the implementation of various initiatives aimed at promoting gender diversity and empowering women.

Oscar Onyema completes tenure as NSE chief

The Nigerian Stock Exchange says Oscar Onyema has completed his tenure as its chief executive officer after spending 10 years in the saddle.
Award-winning Nigerian Nollywood actor, Joseph Daniels, has warned against the generalisation that Nollywood women dont make faithful wives.

Nigerian actor refutes ‘Nollywood women don’t make faithful wives’

Award-winning Nigerian Nollywood actor, Joseph Daniels, has warned against the generalisation that Nollywood women dont make faithful wives. The well educated thespian with over 200 movie credits told newsmen that there are still a lot...

NSE unveils mentorship programme to tackle unemployment

The Nigerian Society of Engineers (NSE) Ikeja branch has unveiled its mentorship programme to address skill gaps and unemployment in the country.

Ekiti reduces stake in Wema Bank

Ekiti State, one of the shareholders of Wema Bank Plc, has reduced its stake in the bank by 666.670 million from 1.191 billion shares. Ekiti, Oyo, Ogun, and Osun States are shareholders in Wema Bank. While Oyo, Osun, and Ogun held 666.670 million or 1.73 per cent each, Ekiti held 1.191 billion or 3.09 per cent as at December 31, 2019.

Dangote: We will continue to come up with strategies to boost business opportunity in...

Dangote Industries Limited has expressed its determination to always come out with strategies that will boost business opportunities in Nigeria.
The Central Bank of Nigeria (CBN) as said that its staff in Jos Branch, on Tuesday averted what would have been another major fire disaster in the country.

Monetary policy, corporate results spur equity performance

The stock market swung back into positive territory yesterday following the retention of the Monetary Policy Rate, MPR, at 11.5 per cent by the Central Bank of Nigeria, CBN, in its second Monetary Policy Committee, MPC, meeting of the year.
The logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria, file. REUTERS-Afolabi Sotunde

NGX market capitalisation closes N20.02tn as index depreciates 0.69%

The NSE All-Share Index and Market Capitalisation depreciated by 0.69% to close the week ended March 19, 2021 at 38,382.39 and N20.082trillion respectively.
The logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria, file. REUTERS-Afolabi Sotunde

Expert: NSE listing on exchange will boost economy

The authorization for the Nigeria Stock Exchange (NSE) to list at the Exchange will deepen the market and boost the economy, Mr. Boniface Okezie, a Capital Market Operator, says.

Dangote Cement announces N273 billion dividend for shareholders

Nigeria’s biggest public company Dangote Cement Plc said it would pay shareholders N16 for every share held in the company for the 2020 financial year, translating to a total dividend payout of N272.648 billion, a note published by the Nigerian Stock Exchange (NSE) on Friday.

NSE tasks Lagos government, NPA on sustaining electronic call-up for trucks

The Nigerian Society of Engineers (NSE) has appealed to Lagos State government and the Nigeria Ports Authority (NPA) to sustain enforcement of electronic call-up system for trucks plying the Apapa Port route.

DMO: Nigerian roads financed with Sukuk not repaying debt as planned

The Debt Management Office (DMO) has decried the country’s debt service to revenue ratio, describing it as a major issue of concern.
The logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria, file. REUTERS-Afolabi Sotunde

Nigerian Stock Exchange completes demutualisation

The Nigerian Stock Exchange (NSE) has received final approvals of its demutualisation plan from the Securities and Exchange Commission (SEC) and Corporate Affairs Commission (CAC) leading to the completion of the exchange’s demutualisation process.
Nigerian Stock Exchange NSE

Former NSE chief makes case for more female stockbrokers

Former Director-General of the Nigerian Stock Exchange (NSE), Prof. Ndi Okereke-Onyuike, has called on more females to take a profession in the nation’s securities market.
The Chief Executive Officer, Nigerian Stock Exchange (NSE), Mr. Oscar Onyema, on Monday restated the exchange’s commitment to the implementation of various initiatives aimed at promoting gender diversity and empowering women.

NSE boss restates commitment to gender equality

The Chief Executive Officer, Nigerian Stock Exchange (NSE), Mr. Oscar Onyema, on Monday restated the exchange’s commitment to the implementation of various initiatives aimed at promoting gender diversity and empowering women.
The Board of Directors of FCMB Group Plc has announced the retirement of Peter Obaseki, the Chief Operating Officer of the financial institution, with effect from March 1, 2021. He was also an executive director of the group.

Peter Obaseki retires as FCMB chief operating officer

The Board of Directors of FCMB Group Plc has announced the retirement of Peter Obaseki, the Chief Operating Officer of the financial institution, with effect from March 1, 2021. He was also an executive director of the group.
Seplat Petroleum Development Company

Seplat releases full year audited result, to pay dividends

Seplat Petroleum Development Company Plc, a leading Nigerian independent energy company listed on both the Nigerian Stock Exchange (NSE) and the London Stock Exchange (LSE), has announced its audited results for 2020, recording a revenue of $530.5 million.
Ahmad said the Executive Chairman of FIRS, Muhammad Nami, disclosed this at the inauguration of the Inter-Ministerial Committee on Audit and Recovery of Back Years Stamp Duties and the unveiling of the FIRS Adhesive Stamp in Abuja.

FIRS chief: NSE’s demutualisation will strengthen investor confidence

The Executive Chairman, Federal Inland Revenue Service (FIRS), Alhaji Muhammad Nami, has said the demutualisation of the Nigerian Stock Exchange (NSE) will promote access to diverse investment opportunities and strengthen investors’ confidence in the capital market.

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Wife of Akwa Ibom State’s Governor Udom Emmanuel, Dr. Martha Emmanuel, on Wednesday led over 3,000 women from different walks of life on a solidarity march to protest the gruesome murder of Miss Iniubong Umoren.

Akwa Ibom first lady leads women’s protest on raped, murdered job seeker

Wife of Akwa Ibom State’s Governor Udom Emmanuel, Dr. Martha Emmanuel, on Wednesday led over 3,000 women from different walks of life on a solidarity march to protest the gruesome murder of Miss Iniubong Umoren.
The task of projecting African football onto the global stage has begun following the election of Patrice Motsepe as CAF President by acclamation during the 43rd CAF Congress, which has taken place in Rabat, Morocco.

CAF president launches pan-African inter-school championship with own $10 million

The South African billionaire and president of the Confederation of African Football (CAF), Patrice Motsepe, on Tuesday in Abidjan announced that he will personally finance the pan-African inter-school football championship, which will be launched “between 2022 and 2023”, in collaboration with FIFA.
The Judicial Commission of Inquiry set up by Governor Godwin Obaseki to investigate the construction of the Edo Specialist Hospital and supply of equipment has indicted former governor, Adams Oshiomhole.

Edo governor: Current NDDC structure incapable of developing South-South

Edo State’s Governor Godwin Obaseki has reiterated the call for the restructuring of the Niger Delta Development Commission, stressing that such would drive the development of the South-South region.
The Niger State Governor, Alhaji Abubakar Sani Bello, has challenged state and federal lawmakers on the need to partner with governments for youth empowerment.

Niger governor seeks federal government collaboration in tackling insecurity

Gov. Abubakar Bello of Niger has said that collaboration between the federal and state governments is required to tackle the security challenges facing the state.

2023: ADC condemns INEC’s plan to create more polling units

The African Democratic Party (ADC) has expressed opposition to the plans by the Independent National Electoral Commission (INEC) to create additional polling units ahead of 2023.

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1. President Muhammadu Buhari is currently presiding over the 43rd virtual Federal Executive Council, meeting at the First Lady Conference Room, Presidential Villa Abuja.

President Buhari: We won’t relent until security is restored across Nigeria

President Muhammadu Buhari has stated that his government will not relent until it puts an end to the insecurity troubling the country.
David Luiz has urged Arsenal's defenders to take responsibility for their mistakes after a 2-2 draw with Tottenham at the Emirates Stadium on Sunday.

David Luiz ready to quit Arsenal

David Luiz’s entourage are reportedly scoping out possible destinations for the Arsenal man amid uncertainty surrounding his Emirates Stadium future.
Members of the security forces patrol Chad's capital N'Djamena following the battlefield death of President Idriss Deby in N'Djamena, Chad April 26, 2021. REUTERS/Zohra Bensemra

Chadian security forces fire upon protesters in southern town

At least four people were shot and wounded in Chad's southern Mandoul region on Saturday when security forces fired upon a crowd demonstrating against last month's military takeover, witnesses and hospital sources said.
Kano State Governor Abdullahi Umaru Ganduje

Press Freedom Day: Kano governor wants journalists to be accurate, objective

Kano State Governor Abdullahi Umar Ganduje on Monday urged journalists to be resolute in maintaining accuracy, objectivity and professional ethics in their line of duty to deepen good governance without heating up the polity.
Inter’s Romelu Lukaku and Fiorentina striker Dusan Vlahovic were among players on target in the World Cup qualifiers.

Chelsea to step up plans to re-sign Romelu Lukaku in a deal worth over...

Chelsea have reportedly set their sights on a sensational Stamford Bridge return for Romelu Lukaku this summer as Thomas Tuchel looks to kick-start his attack.