Posted in NAIJA BIZ

MTN Nigeria’s share price hits N119 as shareholders engage in off-market sales

MTN Nigeria‘s share price is now N119.75 after debuting on the Nigerian Stock Exchange (NSE) with an initial N90 per share. Shareholders tapped into the off-market to…

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Posted in NAIJA BIZ

Captain Rabiu Hamisu Yadudu succeeds Saleh Dunoma as FAAN’s MD

Captain Rabiu Hamisu Yadudu has succeeded Saleh Dunoma as the Managing Director (MD) of the Federal Airports Authority of Nigeria (FAAN). Prior to his appointment, Yadudu was…

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Posted in NAIJA BIZ

SEC reveals guidelines for issuing cross-border securities

The Securities and Exchange Commission has unveiled draft guidelines for cross-border issuance of fixed incomes and a mutual recognition agreement by the West African Securities Regulatory Authorities (WASRA) for…

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Posted in NAIJA BIZ

How Distressed Oil Sector Loans Damaged Diamond Bank

More facts have emerged on the reasons why the defunct Diamond Bank surrendered itself for a business combination deal with Access Bank Plc. The deal…

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Posted in NAIJA BIZ

Emefiele speaks on what he intends to accomplish during his second term

The newly re-appointed Governor of the Central Bank of Nigeria, Godwin Emefiele, over the weekend enumerated the things intends to accomplish during his second term in…

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Posted in NAIJA BIZ

CIBN records 2,122 petitions between 2001 and 2018

The Chartered Institute of Bankers of Nigeria (CIBN), has revealed in its 2018 annual report that it received petitions from about 2,122 bank customers against their various…

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Posted in NAIJA BIZ

Seplat Petroleum reappoints Ifueko Marina Omoigui-Okauru as Director

Seplat Petroleum Development Plc‘s shareholders have unanimously approved the reappointment of Ifueko Marina Omoigui-Okauru as an Independent Director of the company. Omoigui-Okauru’s reappointment took place during the…

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Posted in NAIJA BIZ

NNPC reshuffles management as NPDC boss and 49 others lose their jobs

The Managing Director of the Nigerian Petroleum Development Company, Yusuf Matashi, has been sacked and replaced with Usman Yusuf, the former Senior Technical Assistant to the…

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Posted in NAIJA BIZ

Why the NSE just blacklisted these stockbrokers, directors, and others

No fewer than 33 persons have been deemed unfit to engage in the Nigerian stock market business. Consequently, the Nigerian Stock Exchange (NSE), has blacklisted them as…

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Posted in NAIJA BIZ

Official: Nigeria’s External Reserves hit $45bn mark

Nigeria’s external reserves have rallied and hit $45bn mark in May 2019. This is according to data obtained from the Central Bank of Nigeria (CBN) official website….

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Posted in NAIJA BIZ

UPDATE: Nigeria’s GDP records slow growth of 2.01% in Q1, as Oil contracts

Nigeria’s Gross Domestic Product (GDP) grew by 2.01 percent in real terms, in the first quarter (Q1) 2019, compared to 2.38 percent in Q4 2018. This…

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Posted in NAIJA BIZ

Microsoft launches Lagos Development Centre, as Sanwo-Olu drums support

American technology giant, Microsoft Corporation, has officially launched its Lagos Development Centre, which is now ready to swing into full operations. Ten Nigerian software engineers have…

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Posted in Naija News

EFCC is investigating Imo Governor, Okorocha – Magu

The Economic and Financial Crimes Commission (EFCC) says it is investigating Governor Rochas Okorocha of Imo State and some other Nigerians. Acting Chairman, EFCC, Ibrahim…

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Posted in Naija News

Tradermoni: FG begins payment of N15,000 to traders

Millions of Nigerian petty traders who benefited from the N10,000 tradermoni of the Federal government are in for a surprise as the money has been…

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Posted in Foreign hub

Trump threatens to wipe out Iran from the face of the earth

US President Donald Trump issued a stern warning to Iran on Sunday, suggesting that if the Islamic republic attacks American interests, it will be destroyed….

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Posted in Entertainment

Lady Tells Ubi Franklin Not To Get Another Woman Pregnant and See His Savage Reply

A lady on Instagram warns Ubi Franklin not to impregnate any woman in Abuja before he leaves. However, the media personality didn’t find this comment…

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Posted in Entertainment

#CegarLaunch: Cee-C Officially Launches Cegar Clothing Line In Memorable Event With Nina, Vandora and Others

Ex-BBNaija housemate, Cynthia Nwadiora a.k.a Cee-C launched her new fitness clothing line, Cegar on Sunday, 19th May, 2019. It’s called the ‘Cegar clothing line’, and the…

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Posted in Entertainment

Tamar Braxton Steps Out With Nigerian Boyfriend Wearing An Ankara Dress

Tamar Braxton and her Nigerian boyfriend, David Adefeso attended the 2019 Afro Ball at The Alexandria Ballroom in Los Angeles where she wore a beautiful Ankara dress….

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Posted in Naija News

Imo: Don’t allow Okorocha collect Paris Club refund from Buhari govt – Group tells Ihedioha

The Imo Charter Forum, ICF, has urged the state’s incoming governor, Emeka Ihedioha to ensure that the balance of Paris Club refund due for the…

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Posted in Naija News

Lagos: Sanwo-Olu reveals plan to employ graduates as BRT drivers, their salary monthly

Lagos State Governor-elect, Babajide Sanwo-Olu, has promised to pay graduates to be employed by his fast approaching government, as drivers of Bus Rapid Transit, BRT,…

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