back to top
Tuesday, October 15, 2024

News

Markets

Oando, UBA, FBN Drag the Nigerian Stock Market Down

The Nigerian stock market extended Tuesday's loss as sell pressure on OANDO (-3.5%), UBA (-1.8%), and FBNH (-1.7%) drove the All-Share Index lower by 0.1% to close at 97,487.14 points. Consequently, the Month-to-Date and Year-to-Date returns printed -1.1% and +30.4%, respectively. The total volume of trades declined by 50.5% to 356.13 million units, valued at NGN6.95 billion, and exchanged in 8,582 deals....

Oando, UBA, FBN Drag the Nigerian Stock Market Down

The Nigerian stock market extended Tuesday's loss as sell pressure on OANDO (-3.5%), UBA (-1.8%), and FBNH (-1.7%) drove the All-Share Index lower by 0.1%...

MTN Nigeria’s Loss Drags Down Stock Market

Trading on the floor of the Nigerian Exchange, (NGX) kicked off the week on a bearish note, arising mainly from N11.30 or 6% declineinthe...

UDB Focuses on Sustainability, Innovation to Drive Uganda’s Socio-economic Development

Uganda Development Bank Limited (UDB), the country's national Development Finance Institution (DFI) and the Best Bank in East Africa 2024, on Wednesday, July 23,...

Oando, UBA, FBN Drag the Nigerian Stock Market Down

The Nigerian stock market extended Tuesday's loss as sell pressure on OANDO (-3.5%), UBA (-1.8%), and FBNH (-1.7%) drove the All-Share Index lower by 0.1% to close at 97,487.14 points. Consequently, the Month-to-Date and Year-to-Date returns printed -1.1% and +30.4%, respectively. The total volume of trades declined by 50.5% to 356.13 million units, valued at NGN6.95 billion, and exchanged in 8,582 deals....

Tech

What's happening now?

Economy

Sustainability

AfDB, AU Launch Initiative to Eradicate Malnutrition Across Africa

The African Union Commission (AUC) and the African Development Bank Group's African Leaders for Nutrition (ALN) initiative, in collaboration with the government of Senegal, have launched a series of regional consultations that aim to transform nutrition policy and financing and end malnutrition across Africa. The inaugural two-day consultation for the West Africa region held in Dakar, Senegal, marks the beginning of...

“Middle-Income Trap” Hinders Progress in 108 Developing Countries – World Bank

More than 100 countries, including China, India, Brazil, and South Africa, face serious obstacles that could hinder their efforts to become high-income countries in...

From Uruguay to Ethiopia: Innovations in Sustainable Livestock Practices

With 70.3 million cattle, 95.4 million sheep and goats, and 8.1 million camels, Ethiopia leads Africa in livestock numbers. The country blends mixed farming...

AfDB, Red Cross Partner to Assist Vulnerable People in Africa

Following the signing of a Memorandum of Understanding (MoU) between the African Development Bank and the International Committee of the Red Cross in December...

Politics

Anambra State to Conduct Local Government Election in September

By Titus Chigozie After a hiatus of 10 years, Anambra State Independent Electoral Commission (ANSIEC) has said that it is set to conduct local government election in the state. A notice signed by the State Chief Electoral Officer, Genevieve Osakwe, revealed that the election will be held on September 28, 2024. The notice reads as follows; "Anambra State Independent Electoral Commission wishes...

What's happening now?

Perspective

Governor Soludo: A Man Ahead of His Time

By Christian ABURIME The truly exceptional leaders in the world are often those who possess the foresight to anticipate future trends and challenges. They are not merely content with the status quo but actively seek to shape it, often in ways that seem revolutionary or even counterintuitive at a time. Such individuals, just like the Governor of Anambra State, Professor...

Governor Soludo: A Man Ahead of His Time

By Christian ABURIME The truly exceptional leaders in the world are often those who possess the foresight to anticipate future trends and challenges. They are...

A Glimmer of Hope From Abia

By Engr Pascal Ubani Amid intermittent travel advisories by Western diplomatic missions in the country to their citizens on visiting parts of the country because...

Flaying ANSIEC Unfairly to Derail Anambra LG Elections

By Chuka Nnabuife Sometimes the worst debacle is faced in trying to please people who think they are smart. When they try their dribbles and...

Lifestyle

A Wedding and Soludo As A Unifying Force For National Good

By Christian ABURIME Weddings in any society are always occasions of profuse celebrations that bring together families, friends, and well-wishers in shared joy. The happy moments are cherished, and the memories go on. In a contemporary Nigeria where the socio-political landscape is deeply polarised along regional, ethnic, and religious fault lines, the unifying example of a leader who transcends these divides...

What's happening now?

Sport

Big Story

Most Viewed

Recommended for you

Techeconomy Business Series Makes a Debut

Techeconomy, a Lagos-based media startup, has announced the launch of Techeconomy Business Series . The startup which offers its readers Content-as-a-Service (CaaS) by telling you what is new in Technology, Business and Economy; reflecting on why it matters,...

Techeconomy Business Series Makes a Debut

Techeconomy, a Lagos-based media startup, has announced the launch of Techeconomy Business Series . The startup which offers its readers Content-as-a-Service (CaaS) by telling you...

Oando, UBA, FBN Drag the Nigerian Stock Market Down

The Nigerian stock market extended Tuesday's loss as sell pressure on OANDO (-3.5%), UBA (-1.8%), and FBNH (-1.7%) drove the All-Share Index lower by 0.1%...

Alleged Expenditure of a Phantom $16b Delayed Nigeria’s Power Sector Reforms – Liyel Imoke

Former minister of power, who later served as governor of Cross River State, Senator Liyel Imoke, on Thursday, in Lokoja, stated that alleged expenditure...

Online Publishers Have a Role to Play in Nigeria’s March to Global Financial Inclusion – Ambassador Mamman

Nigeria must key into global financial inclusion and the Guild of Corporate Online Publishers (GOCOP) must lead in the awareness that may help Nigeria...

Soludo Deepens Democracy with Historic LG Elections

By Christian ABURIME In a remarkable display of democratic progress, Anambra State has just concluded what can only be described as the most peaceful, free...

NNPC Ltd Moves to Revive Brass, OK LNG Projects

In its continued bid to maximise the nation’s abundant gas resources for economic development and prosperity, NNPC Ltd has begun discussions with investors towards...

NNPCL, NLNG, FIRS, Delta, Lagos, JAMB, T-Pumpy, Others Partner GOCOP for 2024 Conference

More partners are lining up for the eighth annual conference of the Guild of Corporate Online Publishers (GOCOP) with the Nigerian National Petroleum Company...

NNPC/TotalEnergies’ $550m Ubeta Upstream Gas Project Takes Off

The $550 million upstream gas project between the NNPC Ltd and TotalEnergies on the development of the Ubeta field has taken off.  Special Adviser to...