Business

NGX: The equity market recovered because investors get N405BN

The Nigerian equity market recovered from yesterday’s loss because investors received the N405B on Wednesday, June 11, 2025, after five hours of trading. This follows the surge in stock prices such as Associated Bus Transport PLC (ABCTRANS), Beta Glass PLC (Betaglas) and Berger Paints PLC (Berger), among others, on the trading floor. The Benchmark All-Share Index (ASI) increased to 114,659.11 …

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Lagos deepens the global thrust to help, African fashion (see pix)

In order to highlight the fashion and indigenous fabrics on the global phase, the state commissioner of Lagos for tourism, art and culture, Mrs. Take Benson-Awoyinka, recently hosted a high-level meeting with His Majesty Ronke Ademiluyi-Gunwusi, founder of Africa Fashion Week London and Nigeria, alongside Depice British Deputy, Mr. Baxter.The strategic commitment focused on the advancement of the cultural and …

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Mental health of vital athletes for peak performance – President of the Rifc Foundation

The Foundation President of the Rangers International Football Club (Rifc), the Coach Ebere Amraiizu, underlined the importance of mental health in sports, inviting administrators to give priority to the mental, psychological, emotional and social well -being of athletes to improve performance and productivity. Speaking in Owerri on Saturday 7 June 2025, during the inaugural edition of the Sports Icon Awards, …

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FG cancels the air on civil defense recruitment, immigration, others

The Federal Government warned the Nigerians of the activities of the recruitment racketeer, ensuring that it would advertise vacant places available in services pursuant to the Ministry of the Interior whenever approval is obtained. The board of civil, corrective, fire and immigration services (CDCFIB), in a declaration of its secretary, the main general Abdulmalik Jibril (RTD), said that his attention …

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NGX: Investors lost N378BN after Sallah’s vacation

Investors in the Nigerian equity market lost the N378 billion at the close of trade on Tuesday. The capital market continues trading on Tuesday after the two -day Sallah vacation stated by the Federal Government. This follows the decline in stock prices such as RT Briscoe, John Holt PLC and Beta Glass, among others, on the trading floor. The Benchmark …

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The ICC renamed in honor of President Tinubu while imposing payment for its use – Thage

President Bola Ahmed Tinubu reopened the renewed Abuja International Conference Center (ICC) Tuesday in Abuja and has directed all the ministries, departments and agencies (MDA) to pay the use of the structure to ensure its long -term maintenance and sustainability. At the event, the Minister of the Territory of the Federal Capital Nyesom Wike announced to rename the center, opened …

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Afreximbank challenges the ranking of fitch downgrade, reiterating financial resilience

The African export-import bank has challenged Fitch’s ranking decision to reduce the default ranking of the long-term publisher (IDR) to ‘BBB-‘ from ‘BBB’, signifying negative views. The bank reiterates that its financial position remains strong and its legal structure protects from the risks highlighted by the ranking agency. In a statement issued on Tuesday by Vincent Musumba, the media relations …

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NHRC receives 275,256 complaints in May-Ojukwu … launches a displacement dashboard

NHRC receives 275,256 complaints in May-Ojukwu … launches the movement dashboard Abuja (basic reporter) The National Human Rights Commission (NHRC) has revealed that it had received 275,256 complaints in the month of May alone, a situation that the Commission has raised the concern about the growing rate of human rights violations in Nigeria, as captured by the May dashboard. However, …

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