THIS WEEK’S TOP STOCKS TO WATCH INCLUDE UBA, ZENITH, AND ECOBANK.
Babatunji Wusu – Due to profit-taking in equities that had risen over the previous weeks, Nigerian stocks dropped 1.1% last week. Even if the value of many stocks has significantly…
CBN REPORT: FG’S THREE-MONTH SPENDING WAS N1.43 TRILLION HIGHER THAN ITS INCOME.
Babatunji Wusu – According to data received from the Central Bank of Nigeria, the Federal Government’s spending in the first three months of 2023 was N1.43 trillion higher than its…
MONIEPOINT INTRODUCES A MOBILE BANKING APPLICATION
Babatunji Wusu – In order to streamline its micro-banking operations, microfinance bank Moniepoint has introduced a personal banking app. Ope Adeyemi, senior vice president of moniepoint’s channels and sales, who…
TWO HOSPITALS WERE PENALIZED BY THE GOVERNMENT OF ANAMBRA FOR ABUSING ASHIA ENROLLEES.
Tunji Wusu – The Anambra State Government has strongly denounced what it considers to be the state’s hospitals taking advantage of State Health Insurance Scheme participants. Dr. Simeon Onyemaechi, the…
NAIRA GAINS N100 AND CURRENTLY TRADES FOR N840 TO $1 IN THE PARALLEL MARKET.
According to The Nation, the Naira gained N100 yesterday, closing at N840/$ on the parallel market in Lagos. It did, however, close lower at N850/$ in Abuja markets, indicating…
SOUTH AFRICA DEFEATS ITALY TO GO TO THE ROUND OF 16 FOR THE FIRST TIME.
After defeating Italy in a Group G match on Wednesday in Wellington, South Africa became the first African nation to advance to the round of 16 of the 2023…
WHY UBA HAS INCREASES EMPLOYEE BENEFITS TWICE
Tunji Wusu – United Bank for Africa (UBA) Plc, Africa’s Global Bank, has reaffirmed its commitment to prioritizing the welfare of its employees and their families in light of current…
WHY 11,000 WORKERS FROM INDIA WERE HIRED BY THE DANGOTE REFINERY – SASASNET
Why the Dangote refinery hired 11,000 trained workers from India while ignoring young people from Nigeria and other African nations has been explained by the Sub-Saharan African Skills and…
STOCK MARKET ENDS WINNING RUN, SUFFERS N187BN LOSS
Tunji Wusu – Yesterday, the local stock market’s four-day winning streak came to an end with a loss of N187 billion due to selloffs in MTN Nigeria Communications (MTNN) and…
THE RICHEST MAN IN AFRICA IS STILL DANGOTE.
Aliko Dangote, the CEO of the Dangote Group, continues to hold the title of richest person in Africa for a 12th consecutive year. Dangote, the only Nigerian to join…
