Author: Ogochukwu Ndubuisi

Ecobank, a pan-African financial services group, has announced that the finalists in its fintech challenge have advanced to the $50,000 cash prize round

TotalEnergies Plc saw a strong valuation surge in the equities market as investors ramped up oil stock last week.  The company’s market value grew by about 20%

Sell pressures on Nigerian big banks dragged their combined market valuation lower to about N4.8 trillion at the end of the just concluded week, data tracked by

Ahead of $500 million domestic US dollar bond sales, the naira exchange rate plunged while the external reserves balance nosedived, according to data.

The National Judicial Council (NJC) has constituted four probe panels to investigate 27 high court judges in the country over alleged judicial misconduct.

NAFDAC, Export Stakeholders Collaborate to end Produce Rejection In a bid to boost non-oil export trade, the National Agency for Food and Drug Administration Control (NAFDAC) has collaborated with export stakeholders to end food export rejection. The collaboration was made known in a statement by NAFDAC Resident Media Consultant, Mr Olusayo Akintola, on Sunday in Abuja. The agreement for collaboration was reached at the NAFDAC Export Stakeholder’s Interactive Session on draft export regulation with Cocoa Processors Association of Nigeria (COPAN) and Network of Practicing Non-oil Exporters of Nigeria (NPNEN). Also at the meeting were the Lagos Chamber of Commerce and…

Fuel queues have resurfaced in Lagos as many filling stations ran out of stock, leading to closures and long lines at the few stations still dispensing fuel.

Operatives of the National Drug Law Enforcement Agency (NDLEA) have intercepted 892,400 bottles of codeine-based syrup worth N6.2 billion in street value.

Equities Market Falls by N847bn as Investors Exit Positions Equities investors lost about N847 billion due to crunching selloffs on the Nigerian Exchange (NGX) platform in the just concluded week. Investors were seen exiting positions as interim dividend announcements failed to boost buying sentiments. The sell pattern was little different from past bearish tone in the equities market. Data from the Nigerian Exchange showed that All-share index closed down 1.5% week on week to print at 97,100.31 points, and market capitalization settled at N55.13 trillion – while year to date return moderated to 29.86%. There was records of notable profit-taking…

Nigeria’s Under 20 Women’s Team, the Falconets, will begin a two-week final camping on Sunday in Bogota, Colombia, ahead of the FIFA Under 20 Women’s World Cup