News

NGX: Shareholders lose N111.7bn to sell-offs in Morison, others

The value of investments in the Nigerian capital market crashed by N111.7 billion due to sell-offs in Morison and Courtville on Thursday. This indicated that the market capitalization dropped from N37.37 trillion to N37.26 trillion after five hours of trading today. Similarly, the All-Share Index dipped by 204.17 basis points to close at 68,082.11, down from 68,286.28 ASI posted by …

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Tinubu Condemns Massive Fraud In Federal Civil Service

President Bola Tinubu has condemned the massive corruption in the Federal Civil Service due to loopholes in the payroll system. Tinubu gave the condemnation in Abuja on Friday while receiving Ajay Banga, the World Bank President. The president had said: “I can’t believe the numbers I’m seeing, and I’ve had that experience before at the state level.” He said although …

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Tinubu meets Okonjo-Iweala in Aso Rock

President Bola Tinubu on Tuesday met with the Director-General of the World Trade Organisation (WTO), Prof. Ngozi Okonjo-Iweala at the Presidential Villa, Abuja. The former minister of finance was accompanied to the State House by a former Minister of State for Health, Dr. Ali Pate. READ ALSO: ‘Unwarranted’ – Okonjo-Iweala reacts to attack over photos with Tinubu Pate is one …

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Egypt’s Fawry secures license to finance businesses. 2 other stories and a trivia

This line-up of stories will help you discover the latest happenings around the tech world, today Egypt’s Fawry secures license to finance businesses Egypt’s premier fintech leader, Fawry, has announced securing a license for SME financing through its subsidiary, Fawry Microfinance.  The green light from Egypt’s Financial Regulatory Authority (FRA) marks a crucial stride in Fawry’s strategic expansion, reflecting its …

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VON DG blames Atiku for PDP’s defeat at tribunal

Osita Okechukwu, the Director-General of the Voice of Nigeria (VON), has blamed Atiku Abubakar, the presidential candidate of the Peoples Democratic Party for the party’s loss at the Presidential Election Petition Court (PEPC). Okechukwu made this assertion when he spoke with journalists in Abuja on Thursday. He claimed that although the main opposition PDP had a good chance of winning …

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Works minister assured attention for Ideato erosion, failed Imo-Anambra road — Ugochinyere  – Blueprint Newspapers Limited

A member of the House of Representatives, representing Ideato North and South Federal Constituency of Imo State, Hon. Ikenga Ugochinyere, has said that he got the assurance of the Minister of Works, David Umahi, that the bad roads and gully erosion in his constituency will be repaired. Recall that Ugochinyere in a statement  on Tuesday had pleaded with the Minister …

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UBA set to empower KDs, SMEs on wealth mgt, hosts Business Series

  Africa’s Global Bank, United Bank for Africa (UBA) Plc, is set to organise another edition of the UBA Business Series.  This is in line with the bank’s commitment to support the growth of micro, small and medium-scale enterprises by equipping them with requisite tools to strengthen and sustain their businesses.  The UBA Business Series is a regular seminar/workshop organised by the …

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