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August 18, 2020 No Responses

Market Capitalisation Recovers N2b

The key market indices of the nation’s bourse on Tuesday rebounded marginally by 0.02 per cent, due to gains posted by 16 stocks. Specifically, the All-Share Index rose by 3.82 points or 0.02 per cent to close at 25,136.49...

August 18, 2020 No Responses

Prudential Zenith Life Insurance Donates N38millionTo Slum2School

Prudential Zenith Life Insurance has donated $100,000 (N38 million) to Slum2school Africa, to help cushion the impacts of the COVID-19 pandemic on education in disadvantaged communities across Nigeria. Mr Chuks Igumbor, Managing Director and Chief Execu...

August 18, 2020 No Responses

Dollars Scarcity Worsens, Naira Drop To N480

The scarcity of dollars at the parallel market on Tuesday in Lagos forced the Naira down to N480 to a dollar. The News Agency of Nigeria (NAN) reports that the Pound Sterling and the Euro exchanged at N610 and N550, respectively. Trading...

August 18, 2020 No Responses

Photo News

L-R, Executive Commissioner Corporate Services, Securities and Exchange Commission Mr Ibrahim Boyi, Director General, SEC Mr Lamido Yuguda, Executive Commissioner Operations SEC Mr Dayo Obisan and Deputy Chairman, House Committee on Finance Hon Saidu...

August 18, 2020 No Responses

NIMASA Assures Dockworkers Of Improved Welfare

The Nigerian Maritime Administration and Safety Agency (NIMASA) has assured stakeholders of its commitment to the protection of the rights and welfare of dockworkers as guaranteed in the International Labour Organisation (ILO) Decent Work Agenda. ...

August 18, 2020 No Responses

Hyundai Donates N35m PPEs To Nigeria

Hyundai Motor Company has pledged donation of medical equipment and personal protection items worth over $2.4 million to countries across the Middle East and Africa in an effort to help tackle the COVID-19 pandemic. Meanwhile, Nigeria is one of...

August 18, 2020 No Responses

COVID-19 May Claim 400,000 Shipping Industry Jobs

The shipping industry could lose up to 40,000 jobs as more than 50% of the people in shipping lines work from home now due to the coronavirus pandemic, Lars Jensen, CEO, SeaIntelligence Consulting believes. “COVID-19 has proven that our...

August 18, 2020 No Responses

Bayelsa Assembly Confirms 24 Commissioner Nominees

The Bayelsa House of Assembly on Tuesday screened and confirmed list of 24 nominees as Commissioners-designate. The Speaker of the Bayelsa State House of Assembly, Abraham Ngobere, had announced receipt of the list of 24 commissioner nominees from...

August 17, 2020 No Responses

NACCIMA Seeks Stronger Nigeria, Indonesia Agribusiness Ties

The Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA) has called for closer ties between Nigeria and Indonesia, especially in the area of agribusiness technology. The National President, NACCIMA,Hajiya Saratu Iya Aliyu,...