Zenith Bank

Activities opened on the Nigerian Stock Exchange (NSE) for the week on a bearish posture with the market capitalisation losing N222 billion in about six hours of trading.Activities opened on the Nigerian Stock Exchange (NSE) for the week on a bearish posture with the market capitalisation losing N222 billion in about six hours of trading.

Following the outbreak of the coronavirus pandemic, the Federal Government has provided N102.5 billion in resources as stimulus to be made available for direct interventions in the healthcare sector across the country.

The Nigeria Private Sector Coalition Against COVID-19 (CACOVID) has so far realised N19.4 billion to help fight COVID-19 pandemic.

The Nigerian equities market closed Thursday trading on upward trend, appreciating by 0.10 per cent, amid Dangote Cement gain.

The Council for the Regulation of Freight Forwarding in Nigeria (CRFFN) and the Nigerian Shippers’ Council (NSC) have collaborated to pull banks back to Apapa port.

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).

Activities opened for the month of April on Wednesday still on a bearish trend, with a loss of 0.94 per cent.

The effect of coronavirus, COVID-19, on Tuesday continued to ravage the stock market as its nosedived by 0.14 percent or 14 bases points, bps with investors losing N16 billion of their investment.

Amidst the coronavirus pandemic and its attendant effect on the economy, negative sentiments were reflected on the local equities market as investors lose N2.56 trillion in the month of March.

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.

President Muhammadu Buhari has expressed his appreciation to the generosity of individuals and corporate organizations that have made donations to the efforts to curtail the spread of COVID-19 (coronavirus) in the country.

Monday Ubani, immediate past Second Vice President of Nigeria Bar Association (NBA) has urged the Inspector General of Police (IGP) Adamu Muhammad to ensure that the police officers caught in a trending video destroying alcoholic beverages of a trader for flouting the order of the Lagos State government, in respect of COVID-19 pandemic, are not only arrested but the trader whose goods were destroyed should also be compensated.

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

Mr Aliko Dangote, President, Dangote Industries Ltd., and Mr Herbert Wigwe, Managing Director, Access Bank Group, are spearheading a coalition of private sector organisations to support governments’ ongoing efforts at tackling the coronavirus (COVID-19) menace.

The immediate past Head of the Civil Service of the Federation, Winifred Oyo-Ita, on Monday, pleaded not guilty to 18-count charge of N3 billion graft.

Manchester United striker Odion Ighalo and Lille’s Victor Osimhen are among the nominees for the Nigeria Pitch Awards.

Prosecuting witness, Hassan Seidu, during the continuation of trial in-chief, in the ongoing trial of Nicholas Ashinze, former aide to ex-National Security Adviser, Sambo Dasuki, told Federal High Court, Abuja, presided by Justice Okon Abang, how the Commission was able to recover exhibit (i) 43 and (i) 44, containing alleged money transfers and lists of beneficiaries and their account numbers in the course of investigation.

Two giant corporate organisations, Dangote Cement Plc. and Zenith Bank Plc. on Wednesday visited the Governor of Lagos State, Babajide Sanwo-Olu, to commiserate with him and the state on the recent explosions that rocked Abule Ado-Soba area of the State.