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Investors in the Nigerian equity market enjoyed a poor trading week on the NGX floor after suffering a loss of N1.32 trillion in the just-ended trading week. The stock exchange posted losses on four of the five trading days and rose on only one trading day as the market suffered its second-worst loss of 2024 yesterday. Market capitalization fell by …

Meta, owner of Facebook, is allowing health misinformation and disinformation to run freely on its platform, an investigation has revealed. The company publicly commits to fighting misinformation and disinformation around the world, but an analysis conducted on some pages on the platform has documented how a huge health misinformation campaign runs on the Facebook platform, being aided by a massive …

Senator representing Anambra South, Ifeanyi Ubah died while on a medical trip to the UK. Ubah, a prominent business figure from the southeast region is also the Chief Executive of Capital Oil, which he founded in 2001. More details coming soon… LATEST Post: Senator Ifeanyi Ubah dies in London appeared first on Latest Nigeria News | Headlines from Ripples Nigeria.

Senior Advocate of Nigeria (SAN), Olisa Agbakoba, has proposed a solution to get out of the current financial crisis facing President Bola Tinubu’s administration. Agbakoba, a former president of the Nigerian Bar Association (NBA) called on the government to emulate the strategy adopted by former President Olusegun Obasanjo who had the same problem when he was in power. Agbakoba further …

Here are the top 10 stories making headlines across the country. 1. The Regional Police Chief ordered #EndBadGovernance protesters to submit names and contact details to the police. Inspector General of Police Kayode Egbetokun on Friday asked individuals behind the #EndBadGovernance protests in the country to hand over their details to authorities. Read more 2. The organizers of the #EndBadGovernance …

Investors in the Nigerian equity market lost N1.1 trillion at the close of trading on Friday. This follows the decline in stock prices of stocks such as ETERNA, DANGOTE CEMENT, and DAAR COMMUNICATION among others on the trading floor today. After five hours of trading in the capital market, equity capitalization plunged to N55.6 trillion from N56.7 trillion posted by …

In a bid to prevent potential outbreak of violence during the proposed nationwide protests, the Federal Capital Territory police command has deployed a total of 4,200 policemen across the nation’s capital. The command also announced the deployment of explosives experts at various strategic locations. This was revealed in a statement on Friday by the command’s spokesperson, Josephine Adeh, who added …

Following a meeting between President Bola Tinubu and the leadership of the Nigeria Labour Congress, the federal government agreed with unions to raise Nigeria’s minimum wage to N70,000. This is a 133 percent increase from the N30,000 that has been in operation since 2018. The President also promised to come up with a plan to help the private sector and …

Here are the top 10 stories making headlines across the country. 1. SGF, Akume, Nigerian government spends $1.5 billion to combat crude oil theft, protect installations The Federal Government has revealed that it has spent $1.5 billion since 2020 to safeguard the nation’s oil installations and combat crude oil theft. Read more 2. KPU can handle regional elections —Yakubu The …

For the third straight day, investors in the Nigerian equity market lost N117 billion at the end of trading on Thursday. This follows the fall in the prices of shares such as OMATEK, CUTIX, and FCMB, among others, on the trading floor today. After five hours of trading in the capital market, equity capitalization dropped to N56.7 trillion from N56.8 …