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Indices rebound by one per cent amid interest in high capitalised stocks

After two days of loss, trading activities rebounded on the Nigerian Stock Exchange (NSE) on Thursday following investors’ interest in some highly capitalised equities. Specifically, the market capitalisation of listed equities...

Yobe selects 228 students for Indian scholarship

The government of Yobe State has said that it has successfully screened 228 students from poor family backgrounds for a foreign scholarship in an Indian University. The 228 students, according to...

How NHIS squandered over N6.8 billion on illegal allowances – Audit Report

The staff and management of Nigeria’s Health Insurance Scheme (NHIS) between 2016 and 2017 helped themselves with several ‘irregular’ and unapproved allowances totalling N6.8 billion, a recently released audit report...

Nigerians spent N7 billion on movies in cinemas in 2019

Nigerians spent almost N7 billion (N6,976,882,087) to watch films in the cinemas in 2019. The News Agency of Nigeria (NAN) reports that the figures are according to data provided by cinemas...

Naira’s performance against dollar in 2019 weakest in 20 years

Nigeria’s Naira recorded its weakest performance against the United States dollar in two decades, closing the outgone 2019 on an average of N362.60, the worst run since the country returned...

BUA Cement lists 33.86bn shares on NSE, emerges third largest listed company

BUA Cement Plc achieved a feat on the Nigerian Stock Exchange (NSE) with the listing 33.86 billion ordinary shares at N35 per share, emerging as the third largest company on...

Demolition of Saraki’s property, Shehu Sani’s arrest, other top stories last week

Last week, amid the new year celebration, some events happened that generated controversies. Amongst the controversial events are the appointment of a former mid-level civil servant to head an electrification agency...

Buhari condemns killing of 19 people by gunmen in Kogi

President Muhammadu Buhari has condemned the murder of 19 people by unknown gunmen in Tawari community of Kogi Local Government Area, Kogi State. Mr Buhari said: “there is no...

Minimum wage adjustment negotiation with Plateau govt ongoing – NLC

The Plateau Chapter of the Nigeria Labour Congress (NLC), says it is still negotiating with the state government on the consequential adjustments of the N30,000 minimum wage. Eugene Manji, the state...

Kyrgios pledges money for victims of Australian bushfires

Australian professional tennis player Nick Kyrgios has put his hand up to help the victims of raging bushfires in his country by promising a $200 donation for every ace he...

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