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Court Adjourns Nnamdi Kanu’s N1bn Suit Against FG Over Violation Of Fair Hearing Rights
adminMarch 5, 2024
A Federal High Court, Abuja, on Monday, again adjourned a fresh N1 billion suit filed by Nnamdi Kanu, leader of the proscribed Indigenous People of Biafra (IPOB), against the Federal…Read More
Gov. Bago: Niger Only Restricts Bulk Food Export to Foreign Countries, Not Other Nigerian States
adminMarch 5, 2024
Umar Bago, Governor of Niger, Rt. Hon. Umar Bago clarified misconceptions regarding the state’s stance on the mass purchase of food items from the state to other states in the…Read More
Court Strikes Out Case Against 19 BDC Operators in Lagos
adminMarch 5, 2024
Justice Lewis Allagoa of a Federal High Court in Lagos, on Monday, struck out the charge against 19 Bureau de Change (BDC) Operators, following the withdrawal of the case. The…Read More
Tier-1 Banks Value Hits N4.88Trn Ahead of Earnings
adminMarch 4, 2024
Tier-1 Banks Value Hits N4.88Trn Ahead of Earnings Valuation: The combined market value of Nigeria’s big banks has contracted below N5 trillion ahead of the fourth quarter of 2023 earnings…Read More
Nestle Nigeria Shrinks as Huge Loss Breaks Balance Sheet
adminMarch 4, 2024
Nestle Nigeria Shrinks as Huge Loss Breaks Balance Sheet Nestle Nigeria Plc has seen its market valuation nosedived due to unimpressive earnings performance damaged by foreign exchange reform policy. The…Read More
MTN Nigeria Plc Overstates Profit in 2022 –Financials
adminMarch 4, 2024
MTN Nigeria Plc Overstates Profit in 2022 –Financials Telecommunication Company, MTN Nigeria Plc, has revealed that its profit for the financial year 2022 was overstated, details from its audited financial…Read More
Poor Earnings Cost BUA Cement 10% of Its Market Value
adminMarch 4, 2024
Poor Earnings Cost BUA Cement 10% of Its Market Value BUA Cement Plc lost 10% of its market valuation after the company posted a steep decline in profitability for 2023.…Read More
Transcorp Worth Increase to N580bn after Good Earnings
adminMarch 4, 2024
Transcorp Worth Increase to N580bn after Good Earnings Its numbers continue to tick higher as equities investors shift attention to buying Transcorp Plc shares amidst improving fundamentals. Data from the…Read More
JULI Leads Top Performers with 60% Price Appreciation
adminMarch 4, 2024
JULI Leads Top Performers with 60% Price Appreciation Juli Plc, a food/drug retailer company listed on the alternative securities market, has seen a further increase in the company’s stock market…Read More
NEMA Denies Ownership Of Looted Warehouse in Abuja
adminMarch 4, 2024
NEMA Denies Ownership Of Looted Warehouse in Abuja The National Emergency Management Agency (NEMA), has said that the warehouse that was looted in Abuja on Sunday does not belong to…Read More
NGX Lost N1.83trn as Earnings Miscarriages Dent Sentiment
adminMarch 4, 2024
NGX Lost N1.83trn as Earnings Miscarriages Dent Sentiment The Nigerian Exchange (NGX) equities market capitalisation shed more than N1.83 trillion as investors’ sentiment weakened following foreign exchange related losses that…Read More
Nigeria Signs Multi-Sectorial Agreements With Qatar
adminMarch 4, 2024
Nigeria Signs Multi-Sectorial Agreements With Qatar President Bola Tinubu on Sunday witnessed the signing of agreements between Nigeria and Qatar in various sectors of the economy. Chief Ajuri Ngelale, the…Read More