Thursday, December 2, 2021

Economy

December 1, 2021

NGX opens December with N409 billion loss

The market negative performance was driven by price depreciation in large and medium capitalised stocks.

MTNN, Flour Mill, Access Bank, Ecobank, and African Prudential
December 1, 2021

Tel Aviv now most expensive city worldwide: Report

Tel Aviv takes the top spot from Paris, France capital, which dropped to a shared second place with Singapore. Next in the ranking are Swiss finance centres Zurich…

Tel Aviv
December 1, 2021

U.S. grants loan sharks power to harass debtors on social media

The new rule grants debt collectors direct access to their debtors on various social media platforms and available options to bombard them with emails, texts.

United States President Joe Biden
November 30, 2021

Profit Taking: NGX ends November on N12 billion loss

The market capitalisation inched lower by 0.05 per cent to close at N22.566 trillion from N22.578 trillion on Monday.

Nigerian Exchange
November 30, 2021

Gov. Matawalle presents N160 billion 2022 budget for Zamfara

The figure is higher than the revised 2021 budget of N117 billion by 36 per cent.

Zamfara State Governor, Bello Matawalle
November 30, 2021

Customs: South-East traders reject import duty hike

“The amount charged on cargoes as import duties has risen in geometric proportion from N750,000 to N2 million, again to N3 million and currently, to N3.3 million….”

Customs
November 30, 2021

World Bank lauds Kogi’s 2020 audited financial statement

“The financial statements were prepared on IPSAS accrual basis, and the auditor-general of the state has issued an audit certificate with an unqualified (clean) audit opinion.”

November 30, 2021

Police officer, FRSC special marshall killed in Ekiti bank robbery

A source stated that the robbers stormed the bank through Igede-Ado-Ekiti Road after work had closed.

FRSC Boss Boboye Oyeyemi and Inspector General of Police Usman Baba Alkali
November 29, 2021

NGX opens week with N20 billion loss

The negative performance of the market was driven by price depreciation in large and medium capitalised stocks.

NGX
November 29, 2021

FG constructing 44 road projects in Nigeria with Sukuk funds: Fashola

One of the roads, the Vandeikya-Obudu Cattle Ranch Road in Tsua, Benue, was awarded to the CCECC at N6.6 billion.

Babatunde Fashola (credit: BBC)