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Shares of First Bank of Nigeria (FBN) Holdings Plc plunged 6.7 percent to N6.90 on Thursday as investors sell 51.5 million units in the tier-1 lender.
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.
Hedge funds, small investors and their stockbrokers are bracing for tougher U.S. markets regulation, with officials expected to meet this week to assess the fallout from a social-media driven trading frenzy that has roiled stocks and silver prices.
Activity chart of the Nigerian Stock Exchange (NSE) for the last trading session of the month, Friday January 29, showed Zenith Bank atop Most-Traded stocks with a total value of N1.2 trillion and transaction volume of 44,956,083 shares.
Aliko Dangote of Nigeria has maintained his position as Africa’s richest person for 10 consecutive years, according to the 2021 Forbes’ Africa Billionaires List released on Friday.
The 49-year-old had his net worth rise $188.5 billion at 10:15 a.m. in New York, $1.5 billion more than Bezos, who has held the top spot since October 2017, according to Bloomberg Billionaire index.
Two persons were feared killed while one was injured as bank robbers attacked a bullion van at Bolorunduro area in Ondo East council area of Ondo state.
Ondo State Governor Rotimi Akeredolu has commiserated with the General Overseer of the Redeemed Christian Church of God (RCCG), Pastor Enoch Adejare Adeboye, over the death of his son, Pastor Dare Adeboye.
Governor, Central Bank of Nigeria (CBN), Mr Godwin Emefiele on Thursday vowed to resist importation of maize as Nigerians have the capacity and capability to grow the crop locally to meet consumption demand.
Nigeria’s Vice President, Prof. Yemi Osinbanjo, on Thursday, insisted that the unity of the country should not be compromised in anyway.
The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mr Mele Kyari, has assured Nigerians that the Port Harcourt Refinery Complex (PHRC) will roar back to life on or before April 5, 2023 when repairs would have been completed.
Chelsea midfielder, Billy Gilmour, has described manager, Thomas Tuchel, as a ‘very disciplined and result-oriented strategist.
The Nigeria international scored in Napoli’s 1-1 home draw against Cagliari at the Diego Armando Maradona Stadium on Sunday afternoon.
Sen.Victor Umeh, former National Chairman of the All Progressives Grand Alliance (APGA), has given his backing to governorship aspiration of Prof Charles Soludo, former Central Bank of Nigeria, (CBN), governor.
Nigeria’s Dangote Cement Plc is expected to pay a total of N40.39 billion in taxation to the nation’s treasury from its operational result in the first quarter of 2021.
Oyo State governor Seyi Makinde has declared that the bad governance and maladministration of the ruling All Progressives Congress (APC) will not extend beyond 2023.