Nigeria’s equity market continues the rally when investors record profits ₦ 1,691 trillion in the new trading week that has just ended. Ripples Nigeria reported that investors recorded N183 billion profits in the previous week. In the new trading Sunday, the equity market was obtained in four and lost in one of the trading sessions while sweeping the profit N1. …
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NGX: The equity market ends the week with N313BN losses for investors
The equity market closed the week with the loss of N313 billion for investors on Friday. This follows a decrease in stock prices such as Transcorp Power (Transpower), Haldane McCall and Meyer PLC, among others on the trading floor. The Benchmark All-Share Index (ASI) crashed 108,733.40 points from 109,231.96 points recorded the previous day. After five hours of trading in …
Read More »Increase in subscription: FCCPC Multichoice floor as a court confirms the strength of the commission to investigate exploitation
The Abuja Federal High Court on Thursday, May 8, 2025 attacked a lawsuit filed by Multichoice Nigeria Limited who tried to hold FCCPC from investigating new price increases for DSTV and GOTV services, stated that the misuse of court processes. The court, led by judge James Omotosho, decided that a multichoice lawsuit was duplicate and inappropriate, given the existence of …
Read More »Peter Obi hit back to Gov Sanwo-Olu, said that the truth was not ‘Demarketing Nigeria’
Former Governor of the State Anambra and Presidential Candidate for Labor Party in the 2023 General Election, Bpk. Peter Obi, on Thursday, responded to criticism from the Governor of the State Lagos Babajide Sanwo-Olu and other queues, insisting that talking about the truth about the Nigerian economic trajectory. Obi, the new -new speaking at Johns Hopkins University in the United …
Read More »‘Boko Haram jumped towards us as we did not expect’, the Minister of Defense, Badaru, confessed
In the midst of increasing insecurity and new attacks in Borno and Benue countries, by Boko Haram Terror Group, the Minister of Defense, Mohammed Badaru has made a surprising confession. Speaking on Wednesday during the ministerial briefing in Abuja, Badaru highlighted the challenges faced in dealing with insecurity that had infected the country for years. According to him, terrorists and …
Read More »The top 10 stories from all Nigerian newspapers, Thursday, May 8
Here are the 10 top stories that become headlines throughout the country today. 1. Atiku challenged Tinubu to exchange escalade with a car made by Nigeria to prove the first ‘Nigeria’ commitment Former Vice President Atiku Abubakar has asked the President of the Tinubu Bola to show a sincere commitment to the “Nigeria First” policy which was just approved by …
Read More »EFCC released a very good person after six days of being arrested
The Economic and Financial Crime Commission has released social media activists, Martins Otse alias Verderkarkman, from detention. VDM was arrested by EFCC operators in the Bank Trust (GTBBBANK) guarantee site in Abuja last Friday. He was charged at the Federal Capital High Court (FCT) on Tuesday. The Head of the EFCC media and publicity, Dele Oyewale, confirmed on Tuesday that …
Read More »NGX: The equity market continues to run bullish when investors get the N307BN
The equity market remains bullish because investors obtained the N307 billion at the close of trade on Wednesday. This follows the surge in stock prices such as Multiverse Mining & Exploration, UPDC Real Estate Investment Trust and Beta Glass Company, among others on the trading floor. After five hours of trading in the capital market, the capitalization of equity rose …
Read More »Ripplesmetrics: How Bank Nigeria allocated funds for advertising, security, stationery in 2024
Bank -Bank Nigeria has significantly increased their expenses in various operational sectors in 2024, with the highest expenditure directed at advertising, security, and stationery/printing, Ripplesmetric findings from the financial bank statement have been shown. According to 2024 Top Bank’s financial statements, First Bank leads the package in advertising expenditure, while the access bank takes the top position in security costs …
Read More »Reps warned the public rebellion in the midst of the determination of insecurity, demanding an urgent government action
The House of Representatives has issued a sharp anniversary to the federal government, warning that continuous latitude in unsafe conditions that worsen in the country can trigger a popular rebellion. The warning took place during the emotional -charged plenary session on Tuesday, where members of parliament from areas hit by violence illustrates a gloomy picture of the situation on the …
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