archiveMarch 17, 2020

Sell pressure continued on the Nigerian Stock Exchange (NSE) on Tuesday with the indices dropping further by 0.71 per cent , just as February inflation rate hit 12.20 per cent. Specifically, the All-Share Index (ASI) lost 162.12 points or 0.71 per cent to close at 22,543.07 compared with 22,705.19 on...

Former Secretary to the Osun State Government,Alhaji Fatai Akinbade,has asserted that the sinking ship of the Nigeria nation, could only be rescued through  unity of purpose fostered by the opposition in the country. According to Akinbade, without the coming together of aggrieved members of the PDP who had left at...

The Consumer Price Index (CPI), which measures inflation, increased to 12.20 per cent (year-on-year) in February compared to 12.13 per cent in the preceding month, according to the National Bureau of Statistics (NBS). Food inflation increased to 14.90 per cent compared to 14.85 per cent in January witnessing increases in...

Nigeria has recorded its third case of Coronavirus after a 30-year-old female tested positive to the virus, the Lagos State Ministry of Health has said. Announcing this on its Twitter handle, @lsmoh Tuesday, the ministry said the new case was independent of the Italian index case. It said: “The 30-year-old...

The Securities and Exchange Commission (SEC) has said that come April 1, 2020, it would begin enforcement of a new investors’ identification regime meant to enhance transparency in the capital market and help in reducing incidence of unclaimed dividend in the country. In a circular, SEC revealed that no transactions...

The Debt Management Office (DMO), said as at Feb. 29, the Federal Government had issued promissory notes valued at N968.09 billion across a number of sectors. It said this on Monday in a document obtained from its website by News Agency of Nigeria (NAN) detailing the breakdown of sector beneficiaries...

Turkey has suspended congregational prayers in mosques and closed cafes, cinemas, and sports venues to contain the spread of coronavirus as the confirmed cases climbed to 47. Health Minister Fahrettin Koca said late on Monday that Turkey had 29 new coronavirus cases, taking the total to 47 since the first...

Gov. Babagana  Zulum of Borno has called on the Nigerian Army to take the ongoing war against insurgency in the North East to the insurgents’ enclaves to clear the remnants of the terrorists in the region. Zulum, made the call when he visited the Chief of Army Staff, Lt.-Gen. Tukur...

  China reported 21 new cases of coronavirus on Tuesday along with 13 new deaths caused by the illness COVID-19, according to the latest figures from the National Health Commission. All but one of the new confirmed cases are imported, brought into the country by citizens returning from abroad. Only...

Shareholders of Zenith Bank Plc, on Monday, at the 29th Annual General Meeting of the Bank held at the Shehu Musa Yaradua Centre, Abuja unanimously approved the proposed final dividend of N2.50 per share, bringing the total dividend payment for the 2019 financial year to N2.80 per share with a...