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Stock Market Weekly Report: 44 Equities appreciate, 22 depreciate

July 10, 2021

The Nigerian Exchange Group’s weekly report shows that 44 equities appreciated during the week, higher than 43 in the previous week. The report also disclosed that 22 equities depreciated lower than 26 equities in the previous week, while 90 equities remained unchanged

News

Breaking: APC reschedules Congresses, National Convention

July 10, 2021

The All Progressives Congress (APC) has rescheduled its congresses and national convention to a “later date.” A letter to the Independent Electoral Commission (INEC) co-signed by the National Secretary and the Chairman of the Caretaker/Extraordinary Convention Planning Committee (CECPC), James Akpan Udoedehe

News

Airtel Africa’s Loss Dips NGX Market Capitalisation By N248bn

July 10, 2021

The Nigerian stock market on Friday lost N248 billion within six hours of trading due to profit taking on Airtel Africa.The market capitalisation which opened at N20.043 trillion dipped N248 billion or 1.24 per cent to close at N19.795 trillion. Similarly, the

News·Agro-Economy

National Guidelines On Genetically Modified Food Underway

July 9, 2021

The National Biosafety Management Agency GMO(NBMA) has endorsed the national guidelines on Genetically Modified (GM) food and feed to repose the confidence of the people on the products. Dr Rufus Ebegba, NBMA’s Director-General, at a stakeholders review and validation meeting on GM

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Economic Activities On Standstill for TB Joshua in Lagos-Ikotun

July 9, 2021

The hustling and bustling town of Ikotun, Lagos, on Friday stood still as the remains of Founder of Synagogue Church of All Nations (SCOAN), Prophet Temitope Balogun Joshua, aka TB. Joshua, was laid to rest. The nearby noisy Ikotun market remained closed

Hakeem Odumosu Commissioner of Police Lagos

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Police in Lagos arrest, recover weapons from 4 suspected cultists

July 9, 2021

The Lagos police said its operatives attached to Area J, Aja and Ogombo Division of the state, arrested four suspected members of the Aiye Confraternity on July 7, 2021. In a statement by the Lagos State Police Command, made available to Prime

Comptroller General of Customs Col. Hameed Ibrahim Ali addresses Customs officials

News·Finance & Economy

Customs generates N1trn in six months

July 9, 2021

In six months, the Nigeria Customs Service generated about N1,003 trillion in revenue compared to last year. This revelation was by the Customs Public Relations Officer (PRO), Joseph Attah, who said the revenue generated was from January to June 2021. Mr Attah

Insights

Nigerian Insurance: Paradox of Potential Versus Reality

July 9, 2021

Africa’s largest economy and most populous country on the continent continues to lag peers in many ways; one of such is the very low insurance penetration, with gross premium of barely N550billion in 2020, some 0.36% of Nigeria’s gross domestic product. Worse

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Nigerians react to Lauretta Onochie’s screening as INEC commissioner

July 9, 2021

The screening of the Special Assistant to President Muhammadu Buhari on Social Media, Lauretta Onochie, as a commissioner of the Independent National Electoral Commission (INEC), has been met with criticism by Nigerians on social media. President Buhari had appointed Onochie, alongside Prof.

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Latest

Stock Market Weekly Report: 44 Equities appreciate, 22 depreciate

Breaking: APC reschedules Congresses, National Convention

Airtel Africa’s Loss Dips NGX Market Capitalisation By N248bn

National Guidelines On Genetically Modified Food Underway

Economic Activities On Standstill for TB Joshua in Lagos-Ikotun

Police in Lagos arrest, recover weapons from 4 suspected cultists

Customs generates N1trn in six months

Nigerian Insurance: Paradox of Potential Versus Reality

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