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*Urges Govt To Pay Withheld Salaries To Varsity Staff The Nigeria Labour Congress (NLC) has urged the Federal Government to take appropriate measures to avoid another industrial unrest in the nation’s tertiary institutions. While reacting to the declaration of a one week warming strike by its two affiliate unions — the Non-Academic Staff Union of […]

SOLDIERS have traced the militant leader allegedly behind last Thursday’s killing of 16 soldiers at Okuama Ughelli South Local Government Area, Delta State, to the riverine Igbomoturu community in Southern Ijaw Local Government Area, Bayelsa State, where they killed some youths, who resisted their incursion, and razed some houses belonging to militants. The soldiers, who […]

The Presiding Pastor of the House on the Rock in Abuja, Uche Aigbe, arraigned before an FCT Magistrates Court for bearing an AK-47 rifle, has approached a Federal Capital Territory High Court to seek judicial review of his trial. Aigbe, during a Sunday church service in February 2023, mounted the pulpit with an AK-47 rifle […]

FBN Holdings Rises by 14% to N1.328 Trillion FBN Holdings has become the second largest financial institution on the Nigerian Exchange (NGX) as its shares have become attractive to investors. The elephant is running faster than anticipated. The financial service group’s share price rose by 14.19% to settle at N37 in the market due to […]

NEM Insurance Jumps by 21% on Good Earnings Forecast NEM Insurance Plc gained about 21% as the company’s earnings forecast attracted buying interest from investors.  The insurance company saw its share price climb to N6.65 over a week from N5.50, an increase of 21.9% week on week. The gain lifted the insurer’s market valuation to […]Read More

Zenith Bank Jumps by 17% Ahead of Earnings Release Zenith Bank Plc recorded about 17% share price growth ahead of the Tier-1 lender’s financial year 2023 earnings release. The tier-1 banking champs was among top gainers that drove banking index upward in the market last week. Investors weer buying the bank’s share in anticpation of its […]

IMF Approves US$1.3bn Facility for Cote d’Ivoire The Executive Board of the International Monetary Fund (IMF) has approved a Resilience and Sustainability Facility (RSF) Arrangement for Côte d’Ivoire, an official statement said. The facility was approved to support the government’s economic program targeted at achieving stability and growth, according to the multilateral lender. Reviews under […]Read More

Equities Investors Gain N2.1trn as NGX approaches N60trn Equities investors gained N2.1 trillion over the last five trading sessions on the Nigerian Exchange (NGX) as the local bourse races towards N60 trillion. Renewed interest in banking stocks spurred the gains recorded in the market last week. This was further boosted by gains in other sectors […]

Expert Offers Solutions to Nigeria’s Agric Products Rejection  An agricultural expert, Sheriff Balogun, has identified measures to mitigate the rejection of Nigeria’s agricultural products like sesame and cowpea in the international market. Balogun, the National President of the Federation of Agricultural Commodity Associations of Nigeria (FACAN), said this in an interview with the news agency […]

US Senate Refuses To Fast-Track TikTok Bill A bill that would force the sale of TikTok from its Chinese owners or see it banned in the United States will move cautiously in the US Senate, key lawmakers said, after it sailed through the House. The bill’s whirlwind House passage on Wednesday, and its backing from […]

Oil Climbs by 4% over Healthy Demand Outlook Oil prices edged higher over five trading days in the just concluded week, helped by the release of healthy demand forecasts and supply concerns triggered by geopolitical tension between Israel and Palestine and the Russia-Ukraine war. International benchmark Brent crude traded at $84.98 per barrel on Friday, […]

Lagos residents storm Surulere centre for discounted food Residents of Surulere and its environs trooped out in large numbers to the centre of “Ounje Eko,” Lagos Discounted Food Program, on Sunday to purchase food items at cheaper prices. Residents arrived as early as 6.00 a.m. at Lagos Progressive Junior Secondary School, Surulere, to benefit from […]