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archiveMay 28, 2021

CAPITAL MARKETMARKETSTOP STORY

NGX rebounds by N111bn after persistent lull

  TransactIons rebounded on the Nigerian Exchange (NGX) for the first time after about nine days of persistent downward trend. Specifically, the market capitalisation rebounded by N111 billion or 0.56 per cent on Friday to close at N19.940 trillion against N19.829 trillion posted on Thursday. Also, the All-Share Index which...
NEWSTOP STORY

Nigerians will praise Buhari after his tenure in 2023 -Adesina

Special Adviser to President Muhammadu Buhari on Media and Publicity, Femi Adesina, has said that the president has recorded achievements that will make Nigerians proud of him after leaving office in 2023. Adesina said this in a statement titled ‘The Buhari Administration at 6: Counting the Blessings One by One’,...
NEWSTOP STORY

NYSC still very much relevant, says DG

  Director-General (DG) of National Youth Service Corps (NYSC), Brig.- Gen. Shuaibu Ibrahim says the scheme is not a waste of time and still relevant to the integration and National cohesion of the country. The News Agency of Nigeria (NAN) reports that Ibrahim said this in a statement by the...
NEWSTOP STORY

Ogunyemi bows out as ASUU president

The President of the Academic Staff Union of Universities (ASUU), Prof. Biodun Ogunyemi, on Friday, delivered his valedictory speech marking the end of his three-year tenure as the leader of the academic body, at the conference of the union held at the Nnamdi Azikiwe University, Awka, Anambra State. In the...
NEWSTOP STORY

Umahi dissolves cabinet

Ebonyi Governor David Umahi has dissolved the State Executive Council with immediate effect. Secretary to the State Government (SSG) Kenneth Ugbala announced the dissolution after the council’s meeting on Friday in Abakaliki. Some key officers were, however, not affected by the the dissolution. Those not affected, according to him, include...
NEWSTOP STORY

EFCC arrests company executive over N128m investment scam in Ibadan

The Ibadan Zonal Office of the Economic and Financial Crimes Commission (EFCC) has arrested 43-year-old Amos Olugbenga Olaniyan for allegedly defrauding people of over N128,000,000.00 (One Hundred and Twenty-Eight Million Naira) in a fraudulent investment scheme. He was arrested following series of petitions by victims. The petitioners alleged that Amos...
PHOTOTOP STORY

Minister of Finance, Mrs Zainab Ahmed with NDIC Board

The Hon. Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed (4th from left) poses for a group photograph with the Board of the Nigeria Deposit Insurance Corporation (NDIC) led by the Chairman, Mrs Ronke Sokefun (5th from left) along with the NDIC Managing Director/Chief Executive, Mr Bello Hassan...
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