Equities Investors Lose N103bn as NGX Opens Negative

Equities Investors Lose N103bn as NGX Opens Negative Equities investors lost about N103 billion on Monday as Nigerian Exchange (NGX) opened the week negative. The local bourse halted last session’s…

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NDIC Begins Liquidation of Heritage Bank, to Pay Depositors

NDIC Begins Liquidation of Heritage Bank, to Pay Depositors The Nigeria Deposit Insurance Corporation (NDIC) has commenced the liquidation of Heritage Bank, assuring it will pay depositors of the failed…

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CardinalStone Opens Inv. Opportunity in Eurobond Notes at 8.5% Interest Rate

CardinalStone Opens Inv. Opportunity in Eurobond Notes at 8.5% Interest Rate A multi-asset investment banking firm, CardinalStone Partners Limited, is offering investors the opportunity to earn 8.5% net returns on…

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Tritek Consulting Expands into US, Canada –Official

Tritek Consulting Expands into US, Canada –Official Tritek Consulting, a leading tech consulting firm founded in Nigeria, has announced its expansion into the United States and Canada. This strategic move…

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Flour Mills of Nigeria Profit Drops by 99% in 2024

Flour Mills of Nigeria Profit Drops by 99% in 2024 Flour Mills of Nigeria Plc reported more than 99% year on year decline in profitability in 2024, details from its…

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Nigeria’s Private Sector Activity Picks Up in May- PMI

Nigeria’s Private Sector Activity Picks Up in May- PMI May, 2024 data pointed to a pick-up in growth in the Nigerian private sector, with both output and new orders increasing…

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Stock Recommendation: Afrinvest Sees 26.4% Upside in Zenith Bank

Stock Recommendation: Afrinvest Sees 26.4% Upside in Zenith Bank Zenith Bank Plc has been rated buy by Investment firm, Afrinvest Limited in its latest stock recommendation. Analysts have set N41.70…

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Strike: Labour Unions Ground Activities at Lagos Airport

Strike: Labour Unions Ground Activities at Lagos Airport Flight operations and other activities at the Murtala Muhammed Airport Terminal II (MMA2), were grounded on Monday, following a nationwide indefinite strike…

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Zamfara Pays N5.3bn to Settle Gratuity Backlog

Zamfara Pays N5.3bn to Settle Gratuity Backlog The Zamfara Government says it has paid about N5.3 billion to settle 13 years backlog of gratuity owed retired civil servants in the…

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Blackout-Labour Unions Shutdown National Grid -TCN

Blackout-Labour Unions Shutdown National Grid -TCN The Transmission Company of Nigeria (TCN), says that the Labour Unions have shut down the national grid, resulting in black out nationwide. Mrs Ndi…

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