Investors rake in over N732.91 bn from Dangote, MTN, 56 other companies’ dividend payout
Sept. 13, 2021 The Nigerian Exchange (NGX) Ltd has announced that investors of listed companies have raked in more than N732.91 billion from dividend payout Year-To-Date (YTD). The Chief Executive…
Founder Institute Lagos Cohort IV begins February 2021
The Lagos ecosystem continues to evolve as the role model ecosystem for the African continent. To this end, Founder Institute Lagos, in partnership with Stanbic IBTC, continues to support the…
Pantami, Sanwo-Olu, Abdullahi, Ndukwe, other dignitaries grace Tech Experience Centre launch
It was an impressive gathering of dignitaries at the imposing Yudala Heights on Idowu Martins, Victoria Island, Lagos on Thursday, October 1st, 2020 as the Tech Experience Centre, a mega…
EFCC nabs fake Army Lieutenant for multiple fraud
The Economic and Financial Crimes Commission, EFCC, Gombe Zonal Office is interrogating one Eze Mavus Ugochukwu, a student of Computer Science, Bauchi State Polytechnic, who defrauds unsuspecting members of the…
Nigerian banks to limit debit card spending abroad to ease FX risk
Nigerian banks plan to reduce the amount customers can spend abroad using debit cards on Monday, two lenders said, as banks try to limit foreign currency settlement risk. The country…
Investors lose N1.87trn to oil crash, COVID-19Â
The Nigeria bourse has lost N1.87 trillion to global oil price crash and increasing spread of COVID-19 in four days. Specifically, the market capitalisation, which opened trading for the week…
NSE: Market capitalisation jumps by N49bn; Stanbic IBTC, MTN lead gainers
The market capitalisation of the Nigerian Stock Exchange (NSE) rebounded on Friday with a gain of N49 billion in the last trading day of August. The market capitalisation which opened…
Xenophobia: Students shutdown South Africa’s Shoprite in Ogun State
The National Association of Nigerian Students (NANS) on Saturday shutdown South Africa’s grocery chain, Shoprite at Ota, Ogun State. A News Agency of Nigeria (NAN) correspondent in Ota reports that…
Lack of policy implementation biggest challenge in Nigeria – Dangote
Aliko Dangote The President of the Dangote Group, Alhaji Aliko Dangote, says availability of consumer credit facility is an important option in fighting corruption in the country. Dangote said this…
Equities market still bearish, loses N82bn; Total leads losers
The Nigerian equities market commenced trading for the week on Monday still on a bearish trend with the market indicators dropping by 0.74 per cent. The All-Share Index shed 219.35…