Author: Broad Admin

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Suspected fraudsters, during a three-day cyber-attack, have hacked a customer’s account domiciled in an old generation bank and fraudulently transferred N523,337,100 from the account to 18 different accounts in the same bank.  The spokesperson for the Police Special Fraud Unit in Ikoyi, Lagos State, SP Eyitayo Johnson, in a statement on Wednesday, said the suspects […]

The National Industrial Court of Nigeria on Wednesday ordered the Academic Staff Union of Universities to call off its ongoing nationwide strike. ASUU has been on strike since February 14 to press home the demands for improved funding for universities, a review of salaries for lecturers, among other issues. However, several meetings between ASUU and […]

The Nigerian Senate has confirmed justice Olukayode Ariwoola as the substantive Chief Justice of Nigeria. According to Punch, Ariwoola was confirmed at about 12:55 after about an hour of drilling and questioning by the senate. This motion for the screening was moved by the Senate Leader, Senator Ibrahim Gobir, at the plenary at 11:35 am. […]

Nigerian Equities Market halted negative trend to close positive as the key market indicator moved up marginally by 5.10bps amid negative market breadth. Thus, the NGX All-Share Index inched up by 0.01% to close at 49,445.31 basis points as against 0.07% loss recorded previously to close at 49,440.21 basis points at the end of the last trading session. In […]

Nigerian Equities Market started the week in the red zone as the key market indicator dipped further by 35.21bps amid flat market breadth. Thus, the NGX All-Share Index dipped by 0.07% to close at 49,440.21 basis points as against 0.13% loss recorded previously to close at 49,475.42 basis points at the end of the last trading session. In Naira […]

Nigerian entrepreneurs can now receive a zero collateral loan administered by the Central Bank of Nigeria with just a little training and enthusiasm. Over N95 billion has been disbursed and this is still ongoing, so you should check to see if this loan is right for you. The Agri-business/Small and Medium Enterprise Investment Scheme (AGSMEIS) […]

MTN Nigeria on Sunday rolled out 5G technology in Lagos with a promise to launch the network in six other cities including Abuja, Port Harcourt, Ibadan, Kano, Owerri, and Maiduguri. With this, Nigeria has become the 3rd African country to deploy the technology after South Africa and Kenya. The Lagos 5G commercial launch came on […]

Nigerian Equities Market closed the last trading day week in the red zone as the key market indicator dipped further by 35.45bps  The NGX All-Share Index dipped by 0.13% to close at 49,475.42 basis points as against 0.07% loss recorded previously to close at 49,540.48 basis points at the end of the last trading session. In Naira […]

President Muhammadu Buhari has splashed N200m on Team Nigeria’s athletes to the just-concluded World Athletic Championship in Oregon, USA and Commonwealth Games in Birmingham, UK. Speaking at a special reception organised for the athletes at the State House in Abuja on Thursday, President Buhari announced N200 millon reward for Team Nigeria contingent to Birmingham Games […]

The Nigerian Equities Market closed on the negative side as the key market indicator dipped further by 35.45bps as sell pressure persists. Also, the NGX All-Share Index dipped by 0.07% to close at 49,540.48 basis points as against 0.10% loss recorded previously to close at 49,575.93 basis points at the end of the last trading session. In Naira terms, […]


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