Following the curfew imposed by some states in Nigeria, including due to #EndSARS, the nationwide protest against police brutality, both local and foreign investors have recorded a loss of N113.1 billion in the stock market. With the unforeseen situation, financial market analysts have expressed their concerns over the week as...
A lady identified as Marline Oluchi has accused Access Bank of placing a Post-no-credit on her account. Oluchi who has been actively involved in the nationwide protest against police brutality by cooking for the #EndSARS protesters, said her account manager informed her that Access Bank acted on an order from...
Aggrieved workers of Intels Nigeria Limited has vowed to shut down the company's operations should the management refuse to meet their demands. The Management of INTELS, after experiencing a tip of the iceberg from its workers where gates were being blocked to show a sign of displeasure, called upon the...
There seems to be trouble for business owners in Apapa area of Lagos State, as presidential taskforce operatives deployed to the area to manage the traffic situation has been withdrawn. With the new development, the traffic management in the area, according to a report, has now been handed over to...
Nigerian Manufacturers has shown concern over alarming electricity tariff across different states in the country. In an address issued by the president, Manufacturers Association of Nigeria, MAN, Mansur Ahmed, said that the discrepancy between electricity tariffs had been observed to suit some part of the country. He added that the difference in...
The Senate has launched the probe of commercial banks across the country over excessive charges on their customers' accounts. In order to effect the ongoing probe, the ninth senate mandated the Senator Uba Sani, All Progressives Congress (APC), Kaduna Central-led Committee on Banking, Insurance, and other Financial Institutions, to carry out a...
Nigerian Stock Exchange Price List: The latest Nigerian stock market today brought news of the exchange closing at 5,984 deals on Monday, October 5, 2020; higher than the 4,553 deals it closed with on Friday, October 2, 2020, while the volume reached 603.9 million units at the close of...
Nigeria’s candidate for the World Trade Organisation's (WTO) Director-General (DG), Dr. Ngozi Okonjo-Iweala has expressed confidence, saying she's not scared of the ongoing competition with other countries' candidates. As the race for the WTO job enters the final month, Okonjo-Iweala claimed to be uncowed. The 66-year-old said the reforms she spearheaded as Nigerian...
Following Chevron Nigeria Limited's decision to cut down its workforce, oil unions, Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) and Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN), have vowed to take action against the oil multinationals. According to a statement signed by Williams Akporeha, NUPENG's...
Super Eagles Legend, Austin Jay-Jay Okocha, and his wife, Nkechi have been accused of defrauding their business partners. It all started when an investor, Friday Kujah, floated a company in the name of the legendary footballer, Jay-Jay Okocha Bureau De Change Limited. According to reliable information at our disposal, Kujah decided...