The NGX All-Share Index and Market Capitalization appreciated by 0.17% to close last week of trading at 71,230.48 and N39.173 trillion respectively
A total turnover of 2.425 billion shares worth N22.665 billion in 33,230 deals was traded last week by investors on the floor of the Exchange, in contrast to a total of 2.025 billion shares valued at N27.693 billion that exchanged hands last week in 32,763 deals. The Financial Services Industry (measured by volume) led the […]
Popular Ghanaian singer and rapper, Mohammed Ismail Sherif, popularly known as Black Sherif, has decided to go back to school to acquire more knowledge
The 21-year-old ‘Kwaku the Traveller’ crooner wrote on his X (formerly Twitter) handle that education is the reason he wants to get music out of the way after releasing his sophomore album, as he wants to go back to school to learn clothing. Black Sherif gained popularity in 2021 with his song ‘First Sermon,’ which […]
South Africa announced on Saturday that it was withdrawing its bid to host the Women’s World Cup in 2027
Head of the South African Football Association, Lydia Monyepao, said the association felt it was better to present a better prepared bid for 2031, rather than show a presentation made in haste. The deadline for submitting precise plans from candidates to host the competition was set by FIFA for December 8. Following this withdrawal, three […]
Rivers Hoopers clinch BAL Ticket after Nigeria Basketball League Win
The Rivers Hoopers were crowned champions of the 2023 Nigeria Premier Basketball League after they defeated Nigeria Customs 77-57. The win also ensured Hoopers ended the League with an unbeaten record of 13 games. Consequently, Rivers Hoopers picked the ticket as Nigeria’s sole representative at the 2024 edition of the Basketball Africa League.
Sierra Leone declares nationwide curfew after gunmen attack military barracks
Liberia Sierra Leone’s President Julius Maada Bio declared a nationwide curfew Sunday after gunmen attacked the military’s main and largest barracks in the West African nation’s capital, raising fears of a breakdown of order amid a surge of coups in the region. The unidentified gunmen attacked the military armory within the Wilberforce barracks in the […]
The IG of Police plans to double man power
The Inspector General of Police, Kayode Egbetokun, says his administration has planned to double the manpower strength of the Police Force in the country. Egbetokun acknowledged the shortage of manpower in the police force, saying that one police man is currently doing the job of two policemen. The Police IG however said the plan to […]
FG set plans in motion to raise N200m from Philanthropic Organisations
The Federal Government has set plans in motion to raise N200m from philanthropic organisations as part of efforts to create jobs and support Micro, Small, and Medium Enterprises (MSMEs). A statement by Temitola Adekunle-Johnson, the Senior Special Assistant to the President on MSMEs and Job Creation, Office of the Vice President said the funds will […]
INEC to provide materials in Kogi’s governorship election within 48 hours order from Tribunal
The Governorship Election Petition Tribunal in Kogi has given INEC 48 hours to issue certified copies of electoral materials on the November 11 off-cycle election in the state to the Social Democratic Party (SDP). Chairman of the tribunal, Justice Ado Birnin-Kudu, gave the order which he says became imperative in view of the time constraints […]
CBN plans new round of recapitalisation for banks and New Foreign Exchange Laws to stabilize Naira
The Governor of Central Bank of Nigeria (CBN), Mr Yemi Cardoso has pledged that the Apex bank will soon introduce new foreign exchange laws and guidelines to achieve price stability, ensure tightening of monetary policies aimed at curbing rising inflation, encourage borrowing and real sector investment. Speaking at the 58th annual bankers’ dinner organised by […]
France may be disqualified from 2023 FIFA U-17
France may be disqualified from the ongoing 2023 FIFA U-17 World Cup in Indonesiafor fielding an ineligible player. The bone of contention is 17-year-old Montpellier star Yanis Issoufou, who played for Niger Republic in the qualifiers three months earlier.It is strictly forbidden for a footballer to play for two teams in the same competition by […]
