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Positive sentiments persisted on the Nigerian Stock Exchange on Wednesday with the All-Share Index extending growth by 0.11 per cent.
Reason: the industry is faced with a tougher operating environment that could threaten the operators’ ability to meet their stakeholders’ needs and expectations yet perform meaningful corporate social responsibility roles.
The Patriots for the Advancement Of Peace and Social Development (PAPS) has called on the Central Bank of Nigeria (CBN) to obey the orders of a Federal High Court, Abuja, restraining it from going ahead to process the N14.9billion promissory notes belonging to Zamfara State in favour of the United Bank for Africa (UBA).
Nigerian Stock Exchange (NSE) on Thursday reversed its uptrend, dropping by N2 billion ahead of the Christmas celebration.
Many banks in different parts of Port Harcourt, the capital of Rivers State, were unable to meet cash demands of customers on Monday as residents trooped out in their numbers to withdraw money ahead of the Christmas and New Year festivities.
Efforts to grow the nation’s economy has received a boost from the banking sector as six leading banks injected additional N1.337 trillion through loans and advances to their customers across all sectors of the economy between January and September 2020.
In obvious recognition of its brand acceptance and its role in facilitating economic development across Africa, six subsidiaries of pan African financial institution, United Bank for Africa (UBA) Plc have been named ‘Bank of the Year 2020’ by the Banker Magazine, leading global finance news publication published by Financial Times of London.
The Nigeria stock market on Tuesday sustained bullish sentiment to open the month of December with N55 billion growth due to buying interests in Tier 1 banks.
Abductors of two Reverend sisters and their driver along the Benin/ Ore/ Lagos highway, in Ondo state four years ago have been sentenced to death by hanging.
Zenith Bank Plc and United Bank for Africa (UBA) Plc, pan-African financial institutions, have reported a combined gross earnings of N963.375 billion and profit after tax (PAT) of N236.132 billion for the nine months ended September 30, 2020 despite the challenging operating environment.
The Nigerian Stock Exchange market indicators on Friday dropped further by 1.46 per cent due to unimpressive third quarter results released by some banks.
United Bank for Africa (UBA) has announced a 5.99 percent growth in gross earnings from N428.7 billion in September 2019 to N454.4 billion in 2020.
Nigerian Stock Exchange closed southward on Tuesday for the second consecutive day, with market capitalisation shedding N279 billion.
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Mohammed said the syndicates migrate from one State to the other with same method of defrauding their unsuspecting victims after getting their vital information through bogus links or fake investment adverts on social media platforms.
Two women, Nneka Ayaene and Chineye Okoh, have been nabbed by operatives of the Anambra State Police Command for disfiguring a 10-year-old house help, Chidinma Nworie Ani, with hot water.
Arsenal have came to an agreement in principle with Mesut Özil to terminate his contract with immediate effect, per The Athletic.
Earlier this month, we covered a report from England linking the player with a move to Anfield and now Corriere dello Sport have picked up on those claims as well.
The Director General of the National Council for Arts and Culture (NCAC), Otunba Segun Runsewe, has pledged his commitment to partner with the National Youth Service Corps (NYSC) in the task of uniting Nigeria and bringing sustainable peace and social harmony in the country.
Mr Bayo Olugbemi, President, Chartered Institute of Bankers of Nigeria (CIBN) says the banking sector in Nigeria has a good capital base to facilitate the successful implementation of the African Continental Free Trade Area (AfCFTA) agreement.
Governor Nyesom Wike of Rivers State has threatened to shut down the Bonny-Bille-Nembe Jetty in Port Harcourt which conveys travelers to various riverine communities in the state if cases of criminality or physical violence in the area continued.
South African police have arrested more than 7,000 people caught without face masks in public since the end of December, the government said on Wednesday.
The Banditry activities in Niger state have taken a different dimension as the bandits have now adopted a different approach of asking communities to contribute certain amount of money every month or risk attack.
Ven Sopuluchukwu Umeojiaku in Ezinifite, Aguata Local Government Area of Anambra State has urged the South East Governors to stop wasting further time in setting up what he called a strong and formidable regional security outfit like their counterparts in other geopolitical zones.