Sunday, June 20, 2021

Economy

June 18, 2021

Nigerian Exchange: Shares turnover volume leaps by 38%

On Friday, a total of 220.64 million shares worth N2.53 billion exchanged in 2,952 deals.

Nigerian trading floor
June 17, 2021

Stocks: Price appreciation pushes market gain by 0.13%

The market sentiment closed positive with 18 gainers against eight laggards.

market graph
June 17, 2021

IMF asks Buhari regime not to reintroduce fuel subsidy

The mission also urged the Nigerian government to increase its effort towards strengthening tax administration to help the country’s revenue.

June 17, 2021

Nigeria’s unemployment rate rising dramatically: IMF

Nigeria’s unemployment rate hit a record of 33.3 per cent in the last quarter of 2020, according to a report by the National Bureau of Statistics.

President Muhammadu Buhari, and Kristalina Georgieva, Managing Director of IMF
June 17, 2021

While printing naira abroad, Nigeria to print Gambia’s money

While printing naira abroad, Nigeria is expected to print the Gambia’s currency.

June 17, 2021

Mayhem in Ibadan: Gov. Makinde sneaks out as angry youths storm office

There was mayhem in Ibadan as phone sellers, and NURTW thugs clashed, with Governor Seyi Makinde sneaking out when angry youths stormed his office.

Governor Seyi Makinde and angry Nigerian youths used to illustrate the story
June 17, 2021

How ‘rude, confrontational’ Bank PHB ex-MD Francis Atuche stole customers’ N25 billion

How “rude” and “confrontational” Francis Atuche, ex-managing director of the defunct Bank PHB (now Keystone Bank) stole N25 billion of customers’ money.

Francis Atuche and CBN Governor, Godwin Emefiele
June 16, 2021

Stock Market: Trading picks up as NGX records 0.15% gain

The market capitalisation rose by N30 billion on Wednesday.

Nigerian trading floor
June 16, 2021

Investors will keep ignoring Nigeria as insecurity worsens, OPSN warns Buhari

Organised Private Sector of Nigeria (OPSN) says foreign and local investors will continue to ignore the country as widespread insecurity worsens.

June 16, 2021

MTN warns customers nationwide insecurity may disrupt service

MTN Nigeria has warned its customers that the country’s nationwide insecurity may affect its service delivery.