Page: 5

Chief Rita Lori-Ogbebor, an activist, has condemned the decision to grant Government Ekpemupolo, also known as Tompolo, the contract for pipeline protection. The federal government position given to the Movement for the Emancipation of Niger Delta (MEND) leader is the subject of debate. After years of hardline, the Buhari administration engaged Tompolo, arguably Nigeria’s strongest […]

Nigerian Equities Market started the week  in the negative territory as the key market indicator dipped by 69.41bps amid positive market breadth. Thus, the NGX All-Share dipped by 0.14% to close at 49,625.71 basis points as against 0.09% gain recorded previously to close at 49,695.12 basis points at the end of the last trading session. In Naira terms, the […]

The National Industrial Court of Nigeria (NICN), on Monday, adjourned the suit filed by the federal government challenging the ongoing strike by the Academic Staff Union of Universities(ASUU). According to Punch, the matter came up before Justice Polycarp Hamman who adjourned the suit until 16 September for further mention. The Federal Government on Monday urged […]

Investors lost N189bn at the end of trading on the floor of the Nigerian Exchange Limited last week. The NGX All-Share Index and market capitalisation of equities listed on the NGX depreciated by 0.7 per cent to close at 49,695.12 and N26.805tn last week. All other indices finished lower with the exception of NGX Insurance, […]

The Securities and Exchange Commission (SEC) says operationalising crowdfunding will accelerate the country’s financial inclusion agenda and boost Micro, Small and Medium Enterprises (MSMEs). SEC executive commissioner, operations, Dayo Obisan, in a statement on Sunday, said crowdfunding could also increase the quantum of investible funds by unlocking the untapped capital in the economy. He said […]

The Muhammadu Buhari-led Government has granted Nigerian citizenship to 286 foreign nationals from 49 countries. The Permanent Secretary, Ministry of Interior, Dr Shuaib Belgore, made this known in an advertorial. The document disclosed that the conferment of citizenship on the awardees was done by naturalisation and registration, as approved by President Muhammadu Buhari. It stated […]

The Federal Government has resolved to take the Academic Staff Union of Universities (ASUU) over the lingering strike. This disclosure is contained in a statement issued on Sunday by the Head, Press and Public Relations of the Federal Ministry of Labour and Employment, Olajide Oshundun, who said that the Federal Government took the decision after […]

The Nigerian Communications Commission’s Computer Security Incident Response Team (NCC-CSIRT) has identified five malicious Google Chrome Extensions that surreptitiously track online browser’s activities and steal their data. According to NCC-CSIRT, the five malicious extensions which the McAfee Mobile Research Team earlier discovered are Netflix Party with 800,000 downloads, Netflix Party 2 with 300,000 downloads, Full […]

Heading into the 2023 general elections, the Independent National Electoral Commission (INEC) has revealed that its Election Result Viewing Portal (IReV Portal) was attacked from Asia during Ekiti and Osun governorship polls held earlier this year. This was disclosed by Professor Mahmood Yakubu, Chairman of the electoral body stated on Friday while delivering a keynote […]

The Nigerian Exchange Group (NGX) maintained bullish trend as the key market indicator inched up further by 42.87bps amid negative market breadth. The NGX All-Share Index appreciated by 0.09% to close at 49,695.12 basis points as against 0.11% gain recorded previously to close at 49,652.25 basis points at the end of the last trading session. In Naira terms, the […]


Current track