Unity Bank
GSI: Banks notify customers of move to seize debtors’ funds
As the Global Standing Instruction (GSI) policy of the Central Bank of Nigeria (CBN) came into force at the weekend, many commercial banks have notified customers of their readiness to seize debtors’ funds across financial sector.
Investors gain N73.07 billion as equities market adds 0.58% WoW
Despite weak sentiments, the Nigerian equities market closed positive last week as All Share Index (ASI) gain 0.58 per cent. Thus local bourse recorded its largest weekly gain in seven weeks.
NSE sustains negative sentiment, ASI down 0.39 per cent
Activities on the Nigerian Stock Exchange (NSE) on Tuesday maintained negative sentiment, with the All-Share Index (ASI) declining further by 0.39 per cent.
NSE market capitalisation opens week with N162 billion loss
The Nigerian Stock Exchange (NSE) market capitalisation opened the week on Monday with a loss of N162 billion in a day.
Nigerian stock market opens week with N119 billion loss
Nigerian equities market resumed trading on Monday with a loss of 0.91 per cent as a result of profit taking in some blue chips.
NSE market capitalisation rises further by N130 billion
Sentiments remained positive on the Nigerian Stock Exchange (NSE) on Wednesday, with the market capitalisation growing by N130 billion due to gains by Dangote Cement.
Nigerian stock market capitalisation opens week with N37 billion growth
The Nigerian Stock Exchange (NSE) resumed trading for the week on Monday on a positive trend, with the market capitalisation rising by N37 billion.
Akwa Ibom deputy governor warns public of ‘palliative’ online scammers
The Akwa Ibom Deputy Governor Mr Moses Ekpo, warned online scammers against using his name for a fake COVID-19 empowerment scheme intended to defraud members of the public.
Central bank, bankers committee suspend planned lay-offs in banks
The Spokesman of CBN, Isaac Okorafor in a statement said a special meeting of the Bankers’ Committee was convened on May 2, 2020, to further review the implications of the COVID-19 pandemic on the Nigerian banking industry.
Oyo extends curfew over coronavirus
The Oyo State Government on Thursday extended the curfew imposed to combat the spread of COVID-19 pandemic.
Central bank, private sector coalition muscle N15 billion against coronavirus
At least 37 donors from the private sector have donated over N15 billion to the Private Sector Coalition Against COVID-19 (CACOVID) account domiciled at the Central Bank of Nigeria (CBN).
EFCC arraigns ex-Bauchi accountant general, finance director over N258 million fraud
The Economic and Financial Crimes Commission (EFCC) has arraigned the ex-Accountant General of the Bauchi State government, Yusuf Ibrahim Gokaru and the State Director of Finance, Ibrahim Muhammed Lele.
AMCON takes over Buba Galadima’s houses, company over ‘N900 million debt’
Houses and a company linked to a chieftain of the Peoples Democratic Party (PDP), Alhaji Buba Galadima, were on Tuesday seized by the Asset Management Corporation of Nigeria (AMCON) over an alleged N900 million debt.
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.
NSE: Market indicators extend losing streak, drop 0.27 per cent
Transactions on the Nigerian Stock Exchange (NSE) maintained a downward trend for the fourth consecutive trading day with the market indicators extending its losing streak by 0.27 per cent.
JAMB: Bank agents arrested for hiking UTME forms cost
The Nigerian Security and Civil Defence Corps has arrested Ambrose Okogwa, 55, and Fidelis Imafido, 65, for allegedly selling the 2020 Unified Tertiary Matriculation Examinations registration form above the prescribed fees.
Court urged to jail Unity Bank chief for ‘contempt’
The National Industrial Court of Nigeria (NICN) has been asked to commence committal proceedings against the Managing Director/Chief Executive Officer (CEO) of Unity Bank Plc, Mrs. Oluwatomi Somefun, and commit her to prison for allegedly flouting orders made by the court.
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.
Recent Stories
Police: Baby survives, mother dies in Anambra building collapse
The Police Command in Anambra has confirmed the rescue of a six-month-old baby from the wreckage of a storey building which collapsed at Obosi near Onitsha on Sunday.
Senator Mark: Edo election a triumph of people’s will
Former President of the Senate, Senator David Mark, has described the re-election of Godwin Obaseki of Edo State as a triumph of people’s will.
CSR: Dangote Cement commits N4 billion to projects in Ogun host communities
Dangote Cement Plc, says it has committed over N4 billion into various Corporate Social Responsibility (CSR) projects in its 14 host communities in Yewa land in Ogun.
Youths should be drivers of innovation, creativity for a better Nigeria – don
Prof. Isaac Adeyemi, the former Vice Chancellor, Bells University of Technology, Ogun, has charged Nigerian youths to harnessy their knowledge via the internet to be drivers of innovation and creativity for a better Nigeria.
NIDCOM chief hails Ernest Ezeajughi’s re-election as UK council mayor, Efe Ajagba’s US boxing...
Hon. Abike Dabiri-Erewa, Chairman/CEO, Nigerians in Diaspora Commission (NiDCOM), has congratulated Nigerian-born scientist, Ernest Ezeajughi, who was elected to serve a second term as the Mayor of Brent.
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Obadiah Mailafia honours third DSS invitation
A Former Deputy Governor of Central Bank of Nigeria (CBN), Dr Obadiah Mailafia, on Monday for the third time honoured the invitation from the Department of State Security (DSS).
Former Brazilian president faces new money laundering charge
Brazil’s former president, Luiz Inacio Lula da Silva, faces a new charge of money laundering as part of investigations into the largest corruption scandal in Latin America.
Edo election: Governor Wike commends INEC, police
Rivers State Governor, Nyesom Wike, has commended the Independent National Electoral Commission (INEC) and the police over their conduct during the just concluded Edo governorship election.
Edo election: Prices of livestock increase in Benin markets
The prices of livestock in Benin have increased due to the governorship election holding on Saturday in Edo.
Osun governor flags off ethanol bio-refinery factory
Osun State Governor Adegboyega Oyetola has said that his administration will leave nothing to chance in its determination to stimulate the economy of the State through a robust and mutually-benefitting Public-Private-Partnership (PPP) as part of efforts to place the State on the path of socio-economic growth, development and sustainability.