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PDP has warned the Federal government of Nigeria that the hike in petrol price and electricity tariffs may take a negative toll on Nigerians as the party noted that Nigerians may resort to suicide, slavery mission abroad as well as selling of their children amid the hike of the two items...

Former Vice president, Atiku Abubakar, on Tuesday showed his view on the recent hike in petrol pump price noting that the hike from an economic perspective was bad for Nigeria. But, President Muhammadu Buhari in previous times revealed that the hike in petrol pump price was caused by the...

The Nigeria Stock Market closed bearish last week as the NSE investors recorded a lose of N12.22 billion due to -0.09% dip recorded by NSEASI, therefore; ending the week in the red zone. Equities market closed at 25,582.23 points influenced by NSEASI's dip of -0.09% as against the +0.37% rise...

The Federal government on Monday, September 7 stepped up to address the raisen tensions driven by the recent rise in petrol pump price and electricity tariffs were Vice president, Yemi Osinbajo stated that the hike in the cost of the two items was not to inflict pains on Nigerians. Some...

President Muhammadu Buhari announced the state of the country's foreign exchange earnings and revenue disclosing that nearly 60 per cent depreciation has been recorded since the pandemic began. The President revealed this in his remarks on Monday, September 7, at the first-year ministerial...

Picking up the spot for Nigeria's second-largest bank by customer deposit was Zenith Bank Plc with deposits surpassing a N4 trillion mark closing in on Nigeria's number one, First Bank Ltd. Access Bank Plc. was knocked down from second place due to the recent growth of Zenith Bank Plc...

Fidelity Bank has announced N105.8bn in gross earnings, H1 2020. A rise of N2.1bn was indicated when compared to gross earnings, H1 2019. Interest income of N84.3bn appreciated by N2.8bn to close at N87.1bn while the Interest expense declined by N9.6bn from N48.9bn to close at N39.3bn. Also...

A sum of N547.3bn was distributed among FG, States and LGAs by the Federal Account Allocation Commitee in June 2020 as monthly allocation derived from revenue generated in May 2020. For May, a monthly allocation of N606.2bn was distributed among all tiers indicating a 9.7 per cent drop when...

Zenith Bank plc has revealed it's gross earnings of N346 billion for H1 2020. The declaration was included in audited results of the bank presented to NSE. A 4.4 percent appreciation was indicated in gross earnings, H1 2020 when compared to last year's gross earnings of N332 billion, H1 2019...

MTN Nigeria Communications plc. has announced to NSE and to the general investing community on the resignation of Rob Shuter as Chief Executive Officer (CEO) of the board. Rob Shuter's resignation took effect on Tuesday, September 1. Company Secretary of the firm, Mrs Uto Ukpana in a notice...

The Nigerian Stock Market on tuesday rose by N46 bn in market capitalization to close at N13.258trn from N13.212trn this month. On Monday, the All-Share-Index appreciated by 86.82 point indicating a 0.34 per cent rise to close at 25,413.95 against 25,327.13. 1.073 billion shares worth...

Lionel Messi, the popular Argentine who plays for top club, Barcelona has confirmed his decision to exist the club. The six-time world player of the year revealed he wants to leave the club he's played for since he was 13 which is indeed a very long time. While many football fans speculate...

World Bank Delays Giving Nigeria $1.5 Billion Loan The World Bank has delayed in approving the long-anticipated $1.5 billion loan for Nigeria as scheduled in August due to concerns raised over reforms, according to people familiar with the matter. The World Bank said it was not convinced...

Cristiano Ronaldo has been offered a sign in opportunty to play alongside long term rival Loinel Messi as club, Barcelona plan to sign the football star. Latest: Juventus confirms that Ronaldo remains their players next season

On Thursday the market capitalisation of the Nigerian Stock Exchange (NSE) rose by N26 billion to hit N13 trillion mark as at Wednesday the market cap. closed higher at N13.005 trillion compared to N12.979 trillion recorded. All Share Index which opened at 24,882.04 improved by 48.03 points...

The Nigeria Stock Exchange listed Axxela Funding 1 Plc's N11.5 billion series 1, 14.3 per cent Fixed Rate Bond due 2027. It currently increased the bond under its N50 billion Issuance programme. The bond started at N10 billion originally but at the conclusion of the book build, the issuance...

The Dept Management Office (DMO) in a statement on thursday revealed its readiness to resume its offer of the Federal Government of Nigeria (FGN) Savings Bond offer in August. The DMO had suspended its bond offers as at April 2020 amid coronavirus which resulted to restrictions on movement and...

The largest oil company in the world has disclosed it's plans to proceed with payment of $75 Billion in dividend this year , reports say that the oil company recorded a 73 per cent decline in profit second-quarter 2020. Saudi Aramco , the world's top oil exporting company is set to pay a...

Telecommunication company, MTN group- as part of an effort to accummulate enough funds to pay off dept and secure future growth, MTN Group is developing a plan which involves a sales deal for all or part of reportedly $243 million stakes in Jumia Technologies AG. Jumia is a well known...

A set of SS3 students are now trending on social media , they are a group of young boys who resumed schooling with surprisely new lifestyles , pulling up with a new benz car and their new iphones after the lockdown period and are now tagged Benefit Boys. It seems these young boys made good use...