The Nigerian Exchange (NGX) experienced a modest increase in its All Share Index (ASI), which rose by 0.09%, closing at 99,925.29 points. This slight uptick reflects a cautiously optimistic market sentiment amid fluctuating trading activities. The day’s trading session recorded a total of 7,302 deals. The volume of shares traded reached 318,100,359, with a corresponding Read More…
Day: 14 June 2024
Europe at work, please don’t disturb
THE on-going right wing shifts in European parliamentary elections give the impression that there are seismic shifts in the plates of its politics. Please don’t worry yourself. There are no possibilities of earthquakes. These are mere rumblings in the belly of its body politic. It is said that Europe’s far-right gained historic grounds in the elections, but the lesson for us Read More…
Navigating real estate in Lagos during the rainy season
As the rainy season sets in, renting real estate in Lagos requires a strategic approach to avoid potential pitfalls. The metropolis, known for its bustling urban life and dynamic real estate market, transforms significantly under the deluge of seasonal rains. Prospective renters must be vigilant and informed to make sound decisions. Here are essential tips Read More…
Battling cholera in Lagos
What you need to know The cholera epidemic in Lagos has been a significant concern. As of a recent report, there have been cases of severe gastroenteritis reported in communities around Eti Osa, Lagos Island, Ikorodu, and Kosofe LGA. This has resulted in approximately 60 hospital admissions and five deaths, primarily from patients presenting late Read More…
A guide to buying Nigerian stock
Investing in stocks can be an exciting journey, and the Nigerian Stock Exchange (NGX) offers opportunities for both seasoned investors and beginners. Here are some key points to consider: Understand Shares: Outstanding shares are those held by external investors. The Nigerian Exchange Group (NGX): How to Buy Shares: Remember, investing involves risks, so make informed Read More…
Lagos’ economic success shines at global forum
Governor Babajide Sanwo-Olu highlighted Lagos State’s transformative economic journey and its pivotal role in driving Africa’s growth narrative during the 3rd AfriCaribbean Trade and Investment Forum in Nassau, Bahamas, on Wednesday. Addressing a diverse audience from Africa and the Caribbean, Sanwo-Olu underscored Lagos’ remarkable economic achievements, attributing them to robust internal revenue generation and strategic Read More…
Sanwo-Olu calls for increased climate financing at Lagos summit
Governor Babajide Sanwo-Olu of Lagos State emphasised the urgent need for continuous and enhanced financing to combat climate change challenges during the closing ceremony of the 10th Lagos International Climate Change Summit on Thursday. Represented by his Deputy, Dr. Obafemi Hamzat, the governor stressed the importance of collaborative efforts among governments, financial institutions, and international Read More…
Cholera Outbreak: 1,141 suspected cases, 65 confirmed, 30 deaths reported nationwide
As of June 11, Nigeria has reported alarming figures of cholera outbreaks, with 1,141 suspected cases and 65 confirmed cases resulting in 30 deaths across 96 Local Government Areas in 30 states including Lagos. The Nigeria Centre for Disease Control and Prevention (NCDC) has issued a stern warning regarding the increased spread of cholera through Read More…
Naira slightly depreciates against Dollar, currency trading volume declines
The Naira experienced a slight depreciation on Thursday, trading at N1476.24 to the dollar at the official market, according to data from the FMDQ Exchange. This marks a decrease of N2.58 or 0.17% compared to the previous trading day, where it traded at N1,473.66 to the dollar. Furthermore, the volume of currency traded reduced significantly, Read More…
President Tinubu congratulates Otunba Adekunle Ojora and Dr. Ngozi Okonjo-Iweala on their birthdays
President Bola Tinubu extended heartfelt congratulations to Otunba Adekunle Ojora on his 92nd birthday and to Dr. Ngozi Okonjo-Iweala, Director-General of the World Trade Organisation, on her 70th birthday. Chief Ajuri Ngelale, Special Adviser to the President on Media and Publicity, issued a statement on Thursday, emphasising President Tinubu’s celebration of both distinguished individuals. In Read More…