The Lagos State Government says it is targeting a performance level of at least 86 per cent of the year 2020 budget at the end of the fourth quarter. Gov. Babajide Sanwo-Olu said this during the presentation of the 2021 Appropriation Budget at the Lagos State House of Assembly, Ikeja. Sanwo-Olu said that at the Read More…
Transactions on the Nigerian Stock Exchange (NSE) remained upbeat on Tuesday with the market capitalisation hitting N17 trillion benchmark due to gains in high capitalised stocks. Specifically, the market capitalisation appreciated by N212 billion to close at N17.059 trillion compared with N16.847 trillion recorded on Monday. Similarly, the All-Share Index improved by 404.05 points or Read More…
A research and credit rating agency, Agusto & Co, on Monday disclosed that Guaranty Trust Bank ranked highest in user experience in the third edition of consumer banking satisfaction index. Mrs Mariam Dabiri, Senior Analyst, Financial Institutions Ratings, Agusto & Co, in a statement in Lagos said that the results from the index provided insights Read More…
The nation’s bourse resumed trading for the week on a bullish trend with the All-Share Index crossing the 32,000 mark following interests in blue chips. Specifically, the All-Share Index rose by 1,226.88 or 3.96 per cent to close at 32,243.05 compared with 31,016.17 achieved on Friday. Accordingly, month-to-date and year-to-date gain increased to +5.6 per Read More…
Key players in the banking industry and the judiciary are to discuss the new normal as it affects both fields at the 20th Annual National Seminar on Banking and Allied Matters for Judges. The Seminar, with the theme, ” The Judiciary and the Financial Services Industry in the New Normal: Challenges, Innovations and Regulations” is Read More…
The Federal Government on Thursday called on the private sector to participate in the establishment and running of Correctional Centre skills in the country. The Attorney General of the Federation (AGF) and Minister of Justice, Mr Abubakar Malami, SAN, made the call in Abuja while declaring open a three-day National Meeting on Correctional Reforms in Read More…
The Management of the Infrastructure Concession Regulatory Commission (ICRC), says it has in the last 10 years shored up the Nigerian economy with over 8.5 billion dollars generated from Public Private Partnerships (PPPs). The Director-General of ICRC, Mr Chidi Izuwah disclosed this on Thursday in Abuja when he received a delegation of the National Hajj Read More…
Trading on the Nigerian Stock Exchange on Thursday closed on a negative posture with a loss of 0.01 per cent. Specifically, the All-Share Index declined by 0.01 per cent or 2.96 points to close at 30,738.92 compared with 30,741.88 recorded on Wednesday. Similarly, the market capitalisation lost N6 billion to close at N16.062 trillion from Read More…
Prof Yemi Osinbajo, Nigeria’s Vice- President, has charged corporate leaders on the adoption and entrenchment of high ethical standards and good governance to engender business sustainability. Osinbajo gave the charge at the Institute of Directors (IoD) 2020 Annual Directors’ Conference which held both physically and virtually on Tuesday in Lagos. The Conference had as its Read More…
The bulls on Tuesday regained dominance on the Nigerian Stock Exchange with the market capitalisation crossing N16 trillion mark. Specifically, the market capitalisation increased by N132 billion or 0.83 per cent to close at N16.063 trillion against N15.931 trillion posted on Monday. Also, the All-Share which opened at 30,479.39 inched higher by 254.08 points or Read More…