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Forex market turnover hits N23.9tn on high investor activity

28.12.2024
The FMDQ Exchange reported a significant rise in turnover in its foreign exchange market for November 2024, totalling N23.95tn ($14.39bn). This is according to the FMDQ Markets Monthly Report obtained on Wednesday. FMDQ is a financial market infrastructure in Nigeria that provides a platform for trading various financial instruments, including foreign exchange, fixed income, and...
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LG unveils Christmas movie package

28.12.2024
LG Electronics has announced that its Smart TV customers can now stream a Christmas movie, Red One, which it made available to customers with Amazon Prime membership in over 200 countries, including Nigeria. The movie, featuring international actors Dwayne “The Rock” Johnson, Chris Evans, Lucy Liu, and J.K. Simmons, was produced by Amazon MGM Studios,...
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Eight banks’ market cap rises to N7.2tn

28.12.2024
Eight Nigerian banks closed December 24 with a total market capitalisation of N7.20tn, reflecting a gain of N109.10bn from the N7.09tn recorded on December 23, The PUNCH reports. The market witnessed mixed performances across key players, with some stocks recording gains, while others remained steady or declined marginally. United Bank for Africa led the gainers...
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Seasonal businesses drive economy, support families – Analysts

28.12.2024
Nigeria’s festive seasons, particularly Christmas, Ramadan, and Eid celebrations, unlock a wealth of business opportunities, with food vendors, caterers, and decorators experiencing a surge in demand. In Nigeria’s diverse economy, the changing seasons present a wealth of profitable ventures. From agriculture to fashion, enterprising individuals have found creative ways to capitalise on the country’s weather...
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Polo Luxury, Montblanc unveil product in Lagos

28.12.2024
Polo Luxury, in partnership with Montblanc, has unveiled the Great Characters collection in Lagos, marking a significant moment for Nigeria’s luxury market. The exclusive event which was held recently at The Penthouse, Providus Bank, Victoria Island, paid homage to ‘The Great Gatsby’, highlighting Montblanc’s mastery of craftsmanship and its dedication to blending history with artistry....
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Private sector vital to tackling internal crises – TGI

27.12.2024
TGI Group has reiterated the importance of private sector involvement in tackling internal displacement crises across Africa at the 2024 Africa Roundtable on Private Sector Solutions to Internal Displacement. According to a statement, the Vice Chairman of TGI Group, Farouk Gumel, underscored the role businesses could play in creating sustainable solutions for displaced persons at...
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Betano announces N50m prize for Next Titan

27.12.2024
A sports entertainment platform, Betano, has unveiled a grand prize of N50m for the 10th edition of the entrepreneurial reality television show, The Next Titan. Betano announced recently it was the show’s headline sponsor during a press conference at the Lagos Marriott Hotel. Organisers of The Next Nigeria’s 10th season, themed ‘The Unconventional,’ noted they...
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I apologise for saying no heaven without tithe – Adeboye

04.10.2024
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

04.10.2024
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

04.10.2024
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...

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