Bulls sustain trend as investors gained N1.8 trillion; Naira depreciated by 4.72% to ₦878.57/$
Bulls held sway as the Nigerian Equities market extended the previous day’s positive outing to close the day’s trading session in the green region amidst improved turnover. The benchmark NGX…
Jose Mourinho dismissed as AS Roma manager
Jose Mourinho has been dismissed as manager of AS Roma after two-and-a-half years at the Italian club. Roma have announced that they have parted company with manager Jose Mourinho following…
Access Holdings Acquires Megatech Insurance Brokers
An insurance brokerage company, Megatech Insurance Brokers Limited, has been acquired by Access Holdings Plc, the parent firm of Access Bank Plc. The acquisition of Megatech Insurance Brokers was announced…
SAHCO Renews British Airways Ground Handling Contract for Five Years
Skyway Aviation Handling Company (SAHCO) Plc has renewed their ground handling contract to continue to provide aviation ground handling services for British Airways (BA) at the Murtala Muhammad International Airport…
CBN appoints new executives for Union, Keystone and Polarish Bank
Kayode Ogunwale Following the removal of management of Keystone Bank, Union Bank and Polaris Bank, the Central Bank of Nigeria (CBN) has announced the appointment of new executives for…
Bears halt bullish run; NGXASI down by 140bps
Bulls and bears wrangle as The Nigerian Equities market closed the mid-week trading session on a negative note, marking the first bearish close for the year. The benchmark NGX All-Share…
Rite Foods Partners with Eniola Badmus, Supports Less Privileged through “Feed the Needy” Initiative in Lagos
Ringing in 2024 with a commitment to community, Rite Foods joined forces with renowned actress Eniola Badmus for the “Feed the Needy” initiative in Lagos. This impactful program brought essential…
CBN Sacks Dissolves of Union, Keystone And Polaris Banks
Kayode Ogunwale The Central Bank of Nigeria (CBN) has dissolved the boards and management of Union Bank, Polaris Bank and Keystone Bank. The apex bank in a statement signed by…
TCN Disconnects Ajaokuta Steel From National Grid Over N33bn Electricity Debt
The Transmission Company of Nigeria (TCN) has suspended services at the moribund Ajaokuta Steel Company Limited (ASCL). The suspension was following the failure of Ajaokuta Steel to settle N33bn owed…
Customs generates 87% of its 2023 target revenue
The Comptroller-General of the Nigeria Customs Service (NCS), Adewale Adeniyi, has disclosed that the NCS failed to reach its revenue target of trillion, earning about 87 per cent of its…