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NGX Climbs as Equities Investors See N398bn Gain The Nigerian Exchange, NGX climbed as market added about N398 billion to investors’ wealth following increased positioning by value hunters, alpha seekers in the local bourse last week. A slew of stockbrokers and market analysts are of the view that the local stock exchange exhibited resilience this […]

US Dollar Rises Against Trading Pairs Ahead of Fed Appearances The US dollar rose against its major trading partners except for a small decline against euro, ahead of Federal Reserve official appearances. FX will be dominated by two key themes over coming months: analysts said in a note. The first is the prospect of Marine […]

UAE to Lift Visa Ban on Nigerians– Keyamo Says Festus Keyamo, the Minister of Aviation, has revealed plans by the United Arab Emirates (UAE) government to lift the visa ban imposed on Nigerian travellers soon. Keyamo, during a 44-minute interview with the Senior Special Assistant to President Bola Tinubu, Otega Ogra, on the State House […]

Moody’s Upgrades Zambia Ratings with Stable Outlook Moody’s Ratings has upgraded the long-term foreign-currency issuer rating of the Government of Zambia to Caa2 from Ca, the long-term local-currency issuer rating to Caa2 from Caa3, and maintained a stable outlook. It also assigned a Caa2 foreign-currency senior unsecured debt rating to the new bond exchanged for […]

Lagos Island Epicentre of Lagos Cholera Outbreak- Health Commissioner The Lagos State Commissioner for Health, Prof. Akin Abayomi, says Lagos Island has the highest number of suspected cholera cases with 106 cases out of the 350 suspected cases in the state. Abayomi made the disclosure on Monday through his official X account @profakinabayomi while giving […]

Jaiz Bank Forecasts N5.5bn Profit for Q3-2024 Jaiz Bank Plc has forecasted N5.517 billion in profit for the third quarter of 2024, according to the Islamic lender’s regulatory filing submitted to the Nigerian Exchange, NGX. According to details from its recently released third quarter earnings forecast, Jaiz bank Plc is expecting gross earnings to reach […]

Attempts by officials of the Jos Metropolitan Development Board (JMDB) to clear Bukuru metropolis of illegal structures snowballed into crisis as traders went berserk, burning houses, shops and cars. The incident came after JMDB officials had, in the early hours of Monday done same in Terminus area of Jos metropolis. An eyewitness, Mr Garba Tanko […]

The Nigerian Air Force (NAF) Monday said that the air strikes by the Air Component of Operation Hadarin Daji have killed more than 80 terrorists hibernating at a hideout location at Gidan Kare Village of Ruwan Godiya Ward in Faskare Local Government Area (LGA) of Katsina State. The NAF also said that the air strikes […]

The Nigerian Bar Association (NBA) Branch Elections Appeal Committee (North) has disqualified two candidates, Victor Giwa and Ogechi Duruaku, from contesting in the forthcoming NBA Garki Branch elections. The decision was reached during a meeting held on June 8, 2024, via WhatsApp conference. The committee, chaired by Abdul A. Ibrahim SAN, received a petition from […]

The Institute of Safety Professionals of Nigeria (ISPON) has dragged former members expelled from the institute to court over impersonation and fraud. The President of ISPON, Engineer Timothy Iwuagwu in a statement in Uyo said that those expelled were engaged in defrauding unsuspecting victims by offering ISPON training courses and issuance of fake certificates. Iwuagwu […]

THE Executive Secretary/CEO of the National Institute for Cultural Orientation (NICO), Otunba Biodun Ajiboye, has decried the manner in which some foreign airlines operating within the Nigerian Airspace serve in-flight meals to passengers without regard to their preference for local cuisines. Ajiboye, who flew into the country recently with one of the foreign airlines, lamented […]

THE Federal Government has debunked the report that the Murtala Mohammed Way, Abuja has been renamed after the Nobel Laureate, Professor Wole Soyinka, saying such name change has never been contemplated by the administration. It explained that during the inauguration of a new road in the Federal Capital Territory, FCT, Abuja, codenamed Arterial Road N20 […]