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

NSE market capitalisation loses N277 billion

Nigerian equities market on Monday opened trading for the week with a loss of N277 billion, amidst weak sentiments in the wake of weaker oil prices and Coronavirus pandemic.

UBA, Transcorp postpone annual general meetings

United Bank for Africa (UBA) and Transcorp have announced the cancellation of their 2019 Annual General Meetings (AGMs) to prevent the spread of COVID-19.
Alhaji Munir Sanusi, the chief of staff to the Emir of Kano, has confirmed the receipt of the query issued to Emir Muhammad Sanusi II by the Kano state government.

Emir Sanusi and the conspiracy of Northern oligarchy

His background in Islamic Studies at a leading Islamic University in Khatourm, the capital of Sudan, should have ordinarily perverted critical reasoning in him, paradoxically, the recently ‘deposed’ Emir of Kano, Muhammadu Sanusi 11, frantically utilized Islamic knowledge as an intellectual instrument to illuminate the dark sides of his society.
Nigerian Stock Exchange NSE

NSE market indices sustain growth amid investors interest in heavyweight

The Nigerian Stock Exchange opened the last trading week for 2019 on Monday with a growth of 0.73 per cent following investors’ interest in heavyweight stocks.
Lagos State High Court.

Couple allegedly defraud neighbour of N12.4 million

Hillary Ogbobe, 45, and his wife, Ijeoma, were on Thursday arraigned at an Ikeja Special Offences Court for allegedly defrauding one Christopher Ezugwu, their neighbour of N12.4 million.
The Economic and Financial Crimes Commission (EFCC) says an investigation is ongoing on the seized $2.8 million at Akanu Ibiam International Airport, Enugu.

EFCC arraigns university lecturer over alleged N19 million fraud

Makurdi zonal office of the Economic and Financial Crimes Commission, EFCC, yesterday, arraigned one Moses Peter Adoga before Justice Simon O. Aboki of the Nasarawa State High Court sitting in Lafia, Nasarawa State, on a one-count charge for dishonestly converting the sum of N19,765,200 being a Tertiary Education Trust Fund (TETFUND) grant to study for a PhD, to other purposes.
Nigerian Stock Exchange NSE

Profit taking: NSE market indices decline by 0.17 percent

The crucial market indices of the Nigerian Stock Exchange (NSE) dropped by 0.17 per cent on Thursday after the work-free day to mark the May 29 inauguration date.

Nigerian Stock Exchange market capitalisation rises by N170 billion amid Nestle gain

The market capitalisation of the Nigerian Stock Exchange (NSE) on Friday rose by N170 billion following huge gain posted by Nestle.

Recent Stories

Panic in Imo as hotelier dies

Residents of Imo State are presently gripped with fear over the mysterious death of the owner of Fancy Hotel, Umugwuma, Owerri, Mr Christogonus Aguwa Osuagwu, in Abuja on Monday.
The governor of Ogun State, Dapo Abiodun, has commiserated with the people and government of Lagos State over the unfortunate explosion that claimed scores of lives in Lagos yesterday.

Governor Abiodun: How I begged President Buhari to shift Ogun lockdown

Dapo Abiodun, Ogun state governor, says the lockdown of the state as directed by President Muhammadu Buhari would commence on Friday.

Coronavirus: JNI condemns misleading preaching of some Islamic clerics

The Sultan of Sokoto, Muhammad Abubakar, has described as unfortunate and misleading preaching by some Islamic clerics on government’s directives for citizens to stay home.

FRSC shuts of drivers licence processing centres

The Federal Road Safety Corps (FRSC) has ordered the shutdown of Driver’s Licence Centres (DLCs) nationwide. This follows the movement restriction imposed by the federal government and some state governments to prevent the spread of COVID-19.
The General Overseer of the Redeemed Christian Church of God (RCCG), Pastor E.A Adeboye, on Monday donated some medical supplies to the Lagos State government to support its quest to effectively contain the coronavirus pandemic in the state.

Pastor Adeboye donates surgical masks, hand gloves to Lagos

The General Overseer of the Redeemed Christian Church of God (RCCG), Pastor E.A Adeboye, on Monday donated some medical supplies to the Lagos State government to support its quest to effectively contain the coronavirus pandemic in the state.