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Lagos state governor, Mr. Babajide Sanwo-Olu, on Friday directed law enforcement agencies to arrest and disperse any large gatherings to prevent the spread of the deadly coronavirus in the state. 4

Lagos discharges five more virus patients

The Lagos State government, yesterday, confirmed that five additional patients, who have recovered from coronavirus, COVID-19, have been discharged, from Infectious Disease Centre, Yaba Mainland Hospital.
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 - United Bank for Africa

UBA donates N28.5 million to Plateau to fight coronavirus

The United Bank for Africa (UBA) Foundation on Monday donated N28.5 million to Plateau Government as part of efforts to control the spread of COVID-19 in the state.
UBA - United Bank for Africa

UBA donates N28.5 million to fight coronavirus in Kwara

The United Bank for Africa (UBA), on Monday, boosted the fight against coronavirus in Kwara with a donation of N28.5 million.

FCT minister tests negative for coronavirus

The minister who had not traveled to any of the endemic countries in recent times had last week submitted his blood sample to the Nigerian Centre for Disease Control NCDC after it emerged that he may have been exposed to people who had since tested positive for the virus.

US announces N2.6 billion emergency health aid to Nigeria

The United States Government has announced a 7 million dollars (about N2.6 billion) emergency health and humanitarian aid to Nigeria amid the coronavirus (COVID-19) pandemic.
The logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria, file. REUTERS-Afolabi Sotunde

NSE returns to negative posture, indices down by 0.05 per cent

Trading on the Nigerian equity market returned to negative territory on Wednesday with 0.05 per cent dip or losses in MTN Nigeria and six other stocks.G

Paris Club refund: Court orders Katsina to pay firm N13.3 billion

The Federal High Court, Abuja, has ordered the Katsina State Government to pay a firm, Mauritz Walton Nigerian Ltd, N13.3 billion for the debt management services it rendered to the state.

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.
The Economic and Financial Crimes Commission, EFCC, has arraigned Aisha Alkali Wakil (Mama Boko Haram) alongside Tahiru Alhaji Saidu Daura, Prince Lawal Shoyade and Mallam Adamu Sani before Justice Jude Dagat of the Federal High Court, Maiduguri on a-two count charge bordering on conspiracy and obtaining by false pretence to the tune of N42, 000,000.00 (Forty-two Million Naira).

N66 million fraud: EFCC presents witnesses against Mama Boko Haram, two others

The trial of Aisha Alkali Wakil (popularly called Mama Boko Haram), who is facing a-3 count amended charge for the offence of cheating and obtaining by false pretence before Justice Aisha Kumaliya commenced with the EFCC, presenting its first witness, Ali Tijjani.
Nigerian Stock Exchange NSE

NSE market indicators record 0.12 per cent loss

Activities on the Nigerian Stock Exchange (NSE) opened for the week on Monday with a loss of 0.12 per cent, driven by investors’ sell-off of UBA, FBN Holdings and Lafarge Africa.
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

Nigeria stock market capitalisation drops further by N656 billion

Panic sell off continued on the Nigerian Stock Exchange (NSE) on Tuesday with the market capitalisation shedding N656 billion in what an expert attributed to fear of naira devaluation.
A former Independent National Electoral Commission (INEC) Chairman Prof. Maurice Iwu has arrived the Federal High Court in Lagos for his arraignment.

N1.23 billion fraud: Judge dismisses Maurice Iwu’s application, says he’ll be tried in Lagos...

Justice Nicholas Oweibo of the Federal High Court in Lagos has dismissed an application by a former Chairman of the Independent National Electoral Commission, Prof Maurice Iwu, seeking the transfer of his N1.23bn fraud trial from Lagos to Abuja.
UBA - United Bank for Africa

UBA posts N89.1 billion profit after tax in 2019

United Bank of Nigeria (UBA) Plc has posted a profit after tax of N89.1 billion for the financial year ended Dec. 31, 2019.
Nigerian Stock Exchange NSE

NSE opens week with N181 billion loss

Activities on the nation’s bourse opened for the week on Monday still on a negative outlook with the market capitalisation shedding N181 billion.
Nigerian Stock Exchange NSE

NSE: Market capitalisation loses N9 billion on persistent profit taking

The market capitalisation of the Nigerian Stock Exchange (NSE) on Wednesday depreciated further by N9 billion, amid profit taking.

USAID, UBA sign MoU to advance two-way trade between USA, Africa

U.S Agency for International Development (USAID), through the Prosper Africa initiative, is partnering with the United Bank for Africa (UBA) to increase two-way trade and investment between the United States and the nations of Africa.

Recent Stories

Recall that President Muhammadu Buhari in a nationwide broadcast on Sunday ordered a total lockdown in Abuja, Lagos and Ogun State as a proactive measure to contain the spread of the deadly novel coronavirus in Nigeria.

Coronavirus: Abuja lockdown frustrating – residents

Recall that President Muhammadu Buhari in a nationwide broadcast on Sunday ordered a total lockdown in Abuja, Lagos and Ogun State as a proactive measure to contain the spread of the deadly novel coronavirus in Nigeria.
Uber is ramping up its response to the COVID-19 pandemic, pledging 10 million free rides and food deliveries for health care workers, senior citizens, and others affected by the outbreak.

Uber pledges 10 million free rides and deliveries for workers affected by coronavirus

Uber is ramping up its response to the COVID-19 pandemic, pledging 10 million free rides and food deliveries for health care workers, senior citizens, and others affected by the outbreak.
The Nigeria Centre for Disease Control says it has extended its molecular laboratories with the capacity to detect Coronavirus Disease to six. Dr. Chikwe Ihekweazu, Director General of the NCDC, disclosed this to newsmen on Saturday in Abuja, while giving an update on COVID-19 in the country.

Coronavirus: Nigeria able to test between 500 and 1000 a day – NCDC

Nigeria will be able to test up to 1000 suspected cases of coronavirus by the end of this week, the NCDC has said.
Dr Chikwe Ihekweazu, Director General of NCDC, disclosed this on Monday on Channels Television, Programme “Sunrise Daily”, while, speaking on COVID-19 pandemic in Nigeria.

Nigeria confirms four new coronavirus cases, toll rises to 139

Nigeria Centre for Disease Control (NCDC), on Tuesday, has announced four more new cases of coronavirus (COVID-19), making the number of confirmed cases in Nigeria rise to 139.

Somali governor killed in bomb blast

Abdisalan Hassan Hersi, governor of the Nugaal region in northeastern Somalia has been killed in a suicide bomb blast claimed by the al-Shabab armed group, police said on Monday.