archiveOctober 7, 2021

  FBN Holdings Plc (FBNH) emerged the most traded stock by volume on the Nigerian Exchange Ltd on Thursday.Specifically, the company accounted for 605.01 million shares worth N8.90 billion. Fidelity Bank followed with 20.59 million shares valued at N53.59 million, while Wema Bank traded 15.18 million shares worth N11.31million. ETI...

The Coca-Cola System in Nigeria, comprising Nigerian Bottling Company (NBC) Ltd and Coca-Cola Nigeria Ltd., says it will invest N560 billion in five years in Nigeria. The Managing Director of NBC, Mr Mathieu Seguin, said this on Thursday in Lagos, during a news conference to flag-off activities marking the company’s...

The Nigeria Union of Journalists (NUJ) has called on the Federal Government to support its on-going drive for a Media Stabilisation Fund, to assist ailing media organisations in the country. The President of NUJ, Chief Chris Isiguzo, made the appeal at the opening of the 7th Triennial Delegates Conference of...

  The Economic and Financial Crimes Commission (EFCC) on Thursday October 7, 2021 re-arraigned Mrs. Grace Taiga, a female accomplice in the multiple fraud case involving Process and Industrial Development Limited (P&ID) before Justice Obiora Egwuatu of the Federal High Court, Abuja on a nine count amended charges, bordering on...

The Federal Government has outlined some of the measures being implemented for COVID-19 Pandemic Recovery and Reconstruction in the country, after taking steps to contain the spread of infection, minimize casualties and ensure that clinical services could cope with the projected fatalities. Secretary to the Government of the Federation (SGF)...

    Nigerian Exchange Group Plc (NGX Group) on Thursday confirmed its intention to list on the Main Board of Nigerian Exchange Limited (‘NGX’). The proposed  listing follows the successful completion of the demutualisation and restructuring of the former The Nigerian Stock Exchange and its related operations within the new...

approves appointment of Five Judicial Officers, as judiciary gets additional N6bn in 2022 Budget Oyo State Governor, 'Seyi Makinde, on Thursday, said that his administration is committed to the welfare of all serving and retired judicial officers and workers in the state. The governor, while speaking at the flag off...

Budget of Economic Growth and Sustainability Delivered By: His Excellency, President Muhammadu Buhari President, Federal Republic of Nigeria At the Joint Session of the National Assembly, Abuja Thursday, October 7, 2021 PROTOCOLS 1. It is my great pleasure to be here once again to present the 2022 Federal Budget Proposals...

President Muhammadu Buhari has presented a N16.39 trillion budget proposal for the 2022 fiscal year to the National Assembly. The presentation of the Appropriations Bill 2022, was made at a joint session attended by members of both chambers of the National Assembly. President Buhari arrived the House of Representatives Chamber where...

By Lukman Otunuga, Senior Research Analyst at FXTM Risk appetite flickered to life on Thursday as progress on debt ceiling talks in the United States and Russia’s offer to stabilise energy markets lifted global sentiment. European stocks rebounded amid the improving market mood with US stock futures rising, indicating a...