Latest news

Latest News

Parthian Partners takes financial literacy message to schools

To commemorate the International Day of Education, Nigeria’s first inter-dealer broker, Parthian Partners, took the message of financial literacy to public schools. In a statement on Sunday, the firm said that the programme was done under its Corporate Social Responsibility initiative, the ‘Smart Money Skills for Tomorrow Project.’ Launched in 2024, the SMSTP project is...
Read more

Secure Electronic posts N118m loss

Secure Electronic Technology Plc has reported a loss of N118m for the 2024 financial year, despite a rise in gross income. The company’s accumulated loss grew to N2.56bn, up from N2.44bn in 2023. For the year ending December 31, 2024, the company saw its gross income increase by 24 per cent, from N3.50bn in 2023...
Read more

US equities rise over $500bn AI project – Report

The United States equities market recorded a rally last week, driven by optimism surrounding a $500bn artificial intelligence “Stargate” project and other major investment commitments. Afrinvest reported that the market gained momentum despite weak economic data and concerns over less-dovish monetary policy signals. According to the report, “The US equities market surged, buoyed by positive...
Read more

Firm to establish AI varsity in Lagos

Wini Group has secured support from Lagos State to establish Nigeria’s first university dedicated entirely to Artificial Intelligence in Epe. The institution, named Wini University, aims to position Nigeria as a leading player in global technological innovation. In a recent statement, Wini Group said the university would serve as a hub for technological advancement, equipping...
Read more

Minister vows to complete housing projects in 20 states

The Minister of Housing and Urban Development, Ahmed Dangiwa, has outlined plans to complete national housing projects in 20 states, including the Federal Capital Territory, as part of his commitment to addressing Nigeria’s housing deficit. This initiative, he said, aligns with the presidential mandate of providing affordable housing for all Nigerians. In a statement issued...
Read more

Govt partners firm to boost domestic tourism

The federal government has partnered with a tourism firm, Capricorn Concierge Tourism Services Limited, on the initiative to enhance domestic tourism, which marks a significant advancement. In a statement, it was noted that the Ministry of Arts, Culture, Tourism, and Creative Economy has signed a Memorandum of Understanding with Capricorn Concierge Tourism Services Limited, a...
Read more

Equity market gains N794bn in one week

The Nigerian equity market recorded a surge last week, as the All-Share Index and market capitalisation appreciated by 1.22 per cent and 1.26 per cent, respectively. This brought the ASI to 103,598.30 points, while the market capitalisation rose to N63.645tn, reflecting a N794bn increase. Investors traded a total turnover of 3.132bn shares worth N76.552bn in...
Read more

Julius Berger to construct Armed Forces Complex

Engineering construction company Julius Berger Nigeria Plc has, in a statement, noted that it had been contracted to construct the new Armed Forces Complex. It stated, “The Chief of Defence Staff, General Christopher Musa, who spoke at the groundbreaking ceremony of the new Armed Forces Complex, Asokoro, Abuja, declared, just as President Bola Ahmed Tinubu,...
Read more

CBN sold N756bn Treasury bills – Afrinvest

The Central Bank of Nigeria sold Treasury bills worth N756bn last week following a subscription at its primary auction. The apex bank offered N530bn across 91-day, 182-day, and 364-day maturities, with oversubscription primarily driven by long-dated bills. Out of the total offer, N50bn was allocated to 91-day bills, N80bn to 182-day bills, and N400bn to...
Read more

NCC, telcos urged to improve services

Following the recent 50 per cent tariff hike approved by the Nigerian Communications Commission, the Nigeria Internet Group has called on the NCC and the telcos to ensure that the increase translates to better telecom service delivery. President of the body that promotes the use of the internet in the country, Destiny Amana, said in...
Read more
1 1,003 1,004 1,005 1,006 1,007 1,174

Must Read

Popular Posts

I apologise for saying no heaven without tithe – Adeboye

The General Overseer of the Redeemed Christian Church of God, Pastor Enoch Adeboye, has apologised for saying that Christians who don’t pay tithe might not make it to heaven. Adeboye who had previously said that paying tithe was one of the prerequisites for going to heaven, apologised for the comment while addressing his congregation Thursday...

Protesters storm Rivers electoral commission, insist election must hold

Angry protesters on Friday stormed the office of the Rivers State Independent Electoral Commission, singing and chanting ‘Election must hold’. They defied the heavy rainfall spreading canopies, while singing and drumming, with one side of the road blocked. The protest came after the Rivers State governor stormed the RSIEC in the early hours of Friday...

Man who asked Tinubu to resign admitted in psychiatric hospital

The Adamawa State Police Command has disclosed that the 30-year-old Abdullahi Mohammed who climbed a 33 kv high tension electricity pole in Mayo-Belwa last Friday has been admitted at the Yola Psychiatric hospital for mental examination. The Police Public Relations Officer of the command SP Suleiman Nguroje, told Arewa PUNCH on Friday in an exclusive...