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The National Insurance Commission (NAICOM) on Tuesday released guidelines for the payment of Minimum Paid-up Share Capital by insurance and re-insurance companies in compliance with the first phase recapitalistion directive deadline of Dec. 31.
Shares in French football club Olympique Lyonnais (OL) surged on Monday following Lyon’s surprise victory over Manchester City in the UEFA Champions League to reach the semi-final stages of the tournament.
Gov. AbdulRahman AbdulRazaq of Kwara has set up a 6-man commission of inquiry to investigate the sale and unlawful acquisition of government properties between May 29, 1999 and May 29, 2019.
Shares in South Africa’s Shoprite Holdings shot up over 11% on Monday after it reported higher total sales and said it was considering the sale of all of, or a majority stake in, its Nigerian subsidiary.
Shares in German flagship airline Lufthansa on Monday fell by almost nine per cent in opening trading as plans to save the ailing company from insolvency were questionable by investors critical of a government bailout.
European shares fell on Monday as signs of resurgence in coronavirus cases in Germany and elsewhere unnerved investors who were hoping for a swift economic recovery from the crisis.
The Nigerian Stock Exchange (NSE) recorded a bullish performance on Tuesday with the market capitalisation improving by N58 billion following gains in high capitalised stocks.
The world’s largest streaming service gained 15.8 million paying customers from January through March, bringing its global total to 182.9 million. Netflix had predicted it would add 7 million during the period.
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.
Shares in Italian football giants Juventus surged Monday after the club’s decision to cut their players’ salaries in the midst of the coronavirus pandemic.
In a bid to further deepen the nation’s capital market and enable it provide development capital for medium and small-scale enterprises of the economy, the Securities and Exchange Commission (SEC), at the weekend unveiled an exposure draft of its regulatory framework for crowd funding in the country.
Capitec sought to calm investors on Thursday after its shares sustained heavier losses than other banks in South Africa, forecasting a full-year profit rise of up to 21%.
Shares of Facebook, which have been doggedly crawling their way back from a historic slump after lapses in users’ privacy sparked fears of lower profits, on Friday struck an intra-day record high for the first time in over a year.
Saudi Aramco’s multibillion-dollar share sale, likely the biggest initial public offering (IPO) in history, is officially underway after the company formally announced its plans to list stock on the Kingdom’s stock exchange, the Saudi Tadawul.
Asian shares inched up on Tuesday, with Chinese shares making decent gains after a week-long holiday, though investors remained cautious over U.S.-China trade talks after President Donald Trump said a quick deal was unlikely.
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The Kaduna State Government said on Friday that it would revive guidance and counselling unit in public Secondary Schools in the state.
Akwa Ibom State Government has fixed September 21 2020 for the commencement of processes for the resumption of academic activities in the state-owned university, college of education and public primary schools.
Governor Babagana Zulum of Borno State says Boko Haram insurgents have started recruiting children in the state due to the increase in unemployment.
The Peoples Democratic Party (PDP) caucus in the House of Representatives has condemned alleged siege on opposition governors by security agents in Benin City, the Edo State capital, ahead of Saturday’s gubernatorial election in the state.
Serge Gnabry hit a hat-trick as holders Bayern Munich romped to an historic 8-0 rout of Schalke on Friday in the opening game of the 2020/21 Bundesliga season behind closed doors.
Comrade Adams Oshiomhole, former national chairman of the All Progressive Congress (APC), says no ex-governor of the Peoples Democratic Party (PDP) can walk freely on the streets without being stoned.
A Coalition of Northern Youths under the umbrella of Arewa Youths Parliament, has criticised former President Olusegun Obasanjo, for declaring Nigeria a failed state and trying to discredit President Muhammadu Buhari.
The Oba of Benin, Ewuare II, has said there has never been an election that has generated tension as next Saturday’s governorship election in the history of Edo State.
The Ministry of Basic and Secondary Education in Delta says necessary measures have been put in place to safeguard lives of Primary Six pupils ahead of their forthcoming Cognitive Placement Examination.
According to Ray Youssef, CEO, and co-founder of Paxful, “The #BuiltWithBitcoin initiative now supports over 400 students.” He highlights that through the 100-school plan, Paxful expects to bring education to nearly 15,000 young people throughout Africa while providing jobs to almost 300 teachers.