admin

NGX Sheds N633bn as Risk Off Sentiment Persists Equities investors lost about N633 billion in two days trading session due to risk off sentiment that continue to provoke rapid shareholding sell down in the local bourse.  The market closed negative for another week due to a shift away from bargain hunting. The bearish pattern has […]

FX Inflows, Zero Speculation Boost Nigerian Naira Outlook The Nigerian naira has maintained firm tone across the foreign exchange markets as fear gripped currency speculators. The apex bank resolve to stabilize the naira has gained steam. Nigeria’s FX reform has sufficiently reduce dark economy transactions that raised demand for US dollars early in the year. […]

Tinubu Committed to Improving Well-Being of Nigerians–Information Minister The Minister of Information and National Orientation, Alhaji Mohammed Idris, says President Bola Tinubu is committed to the improvement of the overall well-being of Nigerians. Idris stated this on Saturday when featured in the flagship live Phone-In programme of the Federal Radio Corporation of Nigeria (FRCN), Kaduna,’ […]

FBN Holdings Lost 24% of its Market Value The market has priced FBN Holdings downward by about 24% following the financial services group strong, impressive valuation surge in the recent past months. The Marina’s big elephant faced steep sell pressures from shareholders who started taking to their heels after capital raise notice. In its regulatory […]

IMF, Ghana Reach Agreement on $3bn Loan International Monetary Fund staff and Ghana’s authorities reached an agreement on a second review of the West African country’s $3 billion loan programme, the IMF said on Friday. Banks Face Risks over 24hrs FX Positions Sell Down Upon completion of the Executive Board review, Ghana would have access […]

US Dollar Strengthens Against Trading Pairs: MarketNews The US dollar strengthened against its major trading partners including Sterling, Euro early Friday, except for another small decline versus the yen from elevated levels, before the release of import and export price data for March. A quick summary of foreign exchange activity showed that USDEUR fell to […]

FIRS Generates N12.3 Trn in 2023 – CEO The Chief Executive, of Federal Inland Revenue Service (FIRS), Mr Zacch Adedeji, said that the organisation witnessed unprecedented progress in revenue collection, culminating in a remarkable achievement of N12.3 trillion in 2023. The chief executive, who was represented by the organisation’s staff, Mrs Aisha Ribadu, said this […]

Forex: British Pound, Euro Hit 5-Month Low Vs USD In the forex market, British pound, Euro and Canadian dollar depreciated to 5-month low versus US dollar. The British pound fell below the $1.25 mark, the lowest since November pressured by increased dollar-buying due to geopolitical tensions and expectations that the Fed will maintain rates higher […]

By Babayemi Olaniyan, Notary Public, LL.M, ACIArb(UK) Acis, Aicmc, ABR Introduction The Joy of receiving judgment in one’s favour is step one in the present day justice system. The next step is actually enforcing the judgment as most judgment debtors do not want to obey the judgment. The readily available form of enforcing judgment in […]

Mrs.Ifediora, an astute Lawyer of about 17years, serves in the Department of Public prosecution. To get an efficient Solar system at 10% Discount anywhere in Nigeria ; with 25years warranty and “Pay Small Small”, call/chat Solar For All Ltd: 08060266163. Visit: SolarForAll.ng (Abuja) Suite A8, Kenuj O2 Mall ,Behind Games Village. (Lagos) No 113A, Mainland […]

By Oyetola Muyiwa Atoyebi, SAN FCIArb. (U.K) Introduction The protection of image rights holds significant importance within the legal framework of Nigeria, affording individuals the authority to govern the utilization of their likeness. These rights serve as a barrier against unauthorized exploitation or commercial gain derived from the portrayal of an individual’s identity without their […]

By  Chidi Anselm Odinkalu On 26 December, 1991, Algerians voted in the first round of parliamentary elections. Over 40 parties fielded candidates. As returns started coming through, it became clear the country was in the throes of a political earthquake. The Islamic Salvation Front (FIS) took 189 of the 231 seats decided in the first […]