archiveSeptember 4, 2021

A total turnover of 1.338 billion shares worth N8.650 billion in 19,830 deals were traded this week by investors on the floor of the Exchange, in contrast to a total of 1.026 billion shares valued at N8.183 billion that exchanged hands last week in 18,102 deals. The Financial Services Industry...

Lekki, the fast-developing upper middle class area of Lagos Metropolis, is emerging as the new hub of internet-related fraud. Data from the investigation activities of the Lagos Command of the Economic and Financial Crimes Commission (EFCC) for the second quarter of 2021, indicates that Lekki District is the preferred location...

    Nigeria Communications Commission (NCC) has directed telecommunications companies to shutdown operations in Zamfara and other neighbouring states. In a memo dated September 4, 2021, network providers were informed that the shutdown is necessitated by insecurity in the state and regions around it. The directive was given by Executive...

  The newest and third Non-Interest Bank (NIB) in the country, LOTUS Bank Ltd., has announced commencement of operations in three new locations in Lagos State. The Managing Director of LOTUS Bank Ltd., Mrs Kafilat Araoye, in a statement on Friday said that with the simultaneous opening of three new...

The embattled National Chairman of the Peoples Democratic Party (PDP), Prince Uche Secondus, has described as laughable and baseless the allegation that the party in Rivers State suspended him because he was against the resolution by the Southern governors that the next president of Nigeria must come from South. The...

  The Joint Health Sector Unions (JOHESU) and Assembly of Healthcare Professional Association have issued the Federal Government a 15-day ultimatum, saying they will commence an indefinite strike over outstanding welfare issues with the union. Mr Biobelemonye Josiah, JOHESU’s National President, said this in a letter addressed to the Minister...

The Minister of Labour and Employment, Chris Ngige, says that as a developing country, Nigeria is unlikely to meet the recommendation of the United Nations and the World Health Organisation’s ratio of one doctor to 600 patients. Ngige said this at the two-day quarterly meeting of the Nigeria Health Commissioners...

The Nigeria Centre For Disease Control (NCDC), has recorded seven more Coronavirus (COVID-19)-related deaths and 444 new infections from 20 states and the Federal Capital Territory (FCT), in Nigeria. The NCDC made this known via its verified website on Saturday morning. The News Agency of Nigeria (NAN), reports that the...

Gov. Bello Matawalle of Zamfara, on Friday in Gusau, cautioned journalists against reeling out unverified information on the security situation in the state. The governor specifically cautioned journalists, especially social media influencers, against reeling out unverified figures and sensitive information, capable of fueling the already tensed situation in the state....

The Federal Government has raised alarm over the use of what is called  “deep” fake news to attack it and its officials. The Minister of Information and Culture, Alhaji Lai Mohammed, raised the alarm in an interview with the News Agency of Nigeria (NAN) on Saturday, in Sal Island, Cape...