The Nigerian stock market recorded a massive rebound last week, adding about N4.32tn to its total value as renewed investor confidence lifted trading activity across major sectors. The Nigerian Exchange …
News
-
BankingBusinessCapital MarketEconomyINVESTMENTNewsNigeriaOil & Gas
-
ASIAAviationDisaster & EmergencyInternationalNewsSafetyTransport
Cargo Plane Crashes into Sea at Hong Kong Airport
A cargo plane from Dubai veered off the runway at Hong Kong International Airport on Monday morning, crashed through a security fence, and plunged into the sea, killing two airport …
-
GovernanceHealthNewsNigeriaPublic SafetyRegulation
NAFDAC Clarifies Withdrawal, Suspension, and Cancellation of 101 Drug Products
The National Agency for Food and Drug Administration and Control (NAFDAC) has released a clarification to explain its recent publication of 101 drug products that have been withdrawn, suspended, or …
-
BusinessEconomyFinanceMergers & AcquisitionsNews
Stanbic IBTC Leads Financial Arrangement for UAC’s Acquisition of CHI Limited
Stanbic IBTC Holdings Plc has played a major role in the acquisition of CHI Limited by UAC of Nigeria Plc, acting as the mandated lead arranger and delivering a full …
-
BusinessEconomyEnergyLabourNewsNigeriaOil & Gas
Dangote Refinery Sacks Workers Amid Gasoline Unit Shutdown
Nigeria’s Dangote Oil Refinery has laid off some of its workers, raising concerns about stability at Africa’s largest private refinery project. A copy of a letter from the company, sighted …
-
BankingCapital MarketEconomyINVESTMENTNewsNigeria
Investors Seen Trading Cautiously Ahead of Bond Auction, Say UBA Dealers
Traders at United Bank for Africa (UBA) have projected that cautious investor sentiment will continue to dominate the Nigerian fixed income market this week as attention shifts to Monday’s bond …
-
BankingBusinessCapital MarketEconomyINVESTMENTMarketsNews
Nigerian Stock Market Loses N322bn as Bearish Trend Persists
The Nigerian Exchange (NGX) on Tuesday extended its bearish run as investors retreated from select equities, wiping out N322 billion from the total market value. At the close of trading, …
-
The family of Mr. Olaloye Olatunde, the vice principal of Ipele Community High School, Owo, has been hit by another setback as his wife reportedly sustained a broken ankle amid …
-
GovernanceHuman RightsJudiciaryNewsNigeriaPoliciesPolitics
FG Files Criminal Charges Against Sowore Over Social Media Post, Activist Counters With Lawsuit Against DSS
The Federal Government has filed criminal charges against activist and former presidential candidate of the African Action Congress (AAC), Omoyele Sowore, over a social media post in which he referred …
-
AgricultureEconomyFood SafetyGovernment PolicyNewsNigeriaRural Development
FG Unveils New Agric Investment Incentives, Targets 21m Jobs
The Federal Government has announced fresh agricultural investment incentives that it said could create 21 million jobs across the country. The new measures were unveiled on Tuesday as part of …