Picture above credit: Aerial photo of Lagos Island Nigeria, Nigeria’s commercial hub. Photograph: Tayvay/Shutterstock.com Activities on the Nigerian Stock Exchange (NSE) on Tuesday maintained negative sentiment, with the All-Share Index (ASI) declining further by 0.39 per cent. Specifically, ASI, which opened at 24,269.58, dipped 95.13 points to close at 24,174.45. Similarly, the market capitalisation shed Read More…
Tag: Nigeria
Nigeria’s COVID-19 cases hit 37,225
Picture above credit: Nigerian Minister of Health, Dr Osagie Ihanire, leading the Nigerian response against COVID-19. Photograph: Getty Images The number of COVID-19 cases in Nigeria has reached 37, 225. According to the latest data released by the Nigeria Centre for Disease Control, (NCDC) on its official twitter handle on Monday, 562 new cases were Read More…
2020 Nigeria Mining Week to hold virtually in October
Picture above credit: Muscle and mud: Nigeria has an estimated 500,000 artisanal gold miners ©Tom Saater/FT The 2020 Nigeria Mining Week will hold virtually in October following the outbreak of Coronavirus pandemic, Minister of Mines and Steel Development, Mr Olamilekan Adegbite, has said. Adegbite, who disclosed this in Abuja at the News Agency of Nigeria Read More…
Nigeria’s inflation rate hits 12.56%
The National Bureau of Statistics (NBS) says Consumer Price Index, (CPI) which measures inflation increased to 12.56 per cent year-on-year in June 2020. The NBS made this known in its CPI and Inflation Report for June released on Friday. It stated that the report showed that June inflation was 0.16 per cent points higher than Read More…
NEPZA sets stage for ethics, governance compliance
The Nigeria Export Processing Zones Authority (NEPZA), says it is focused on scaling up the authority’s compliance level in ethics and governance in line with Federal Government specifications on ease of business. Prof. Adesoji Adesugba, NEPZA Managing Director made the remark on Wednesday in Abuja while inaugurating a 14-man Freedom of Information (FOI) Act Committee. Read More…
CBN unveils non-interest guidelines for AGSMEIS, MSMEDF, others
The Central Bank of Nigeria (CBN) has unveiled guidelines for Non-Interest Financial Institutions under its Agri-Business, Small and Medium Enterprise Investment Scheme (AGSMEIS) and Micro, Small and Medium Enterprises Development Fund (MSMEDF). The CBN made this known in its latest guidelines released on its website on Tuesday. It said the 10 guidelines also included the Read More…
NCDC records 463 new cases of COVID-19, total rises to 33,616
PICTURE ABOVE CREDIT: REUTERS – AFOLABI SOTUNDE The Nigeria Centre for Disease Control (NCDC) has recorded 463 new COVID-19 cases in the country as total infections rose to 33,616. The NCDC made this known on its official twitter handle on Tuesday. The NCDC said that as at the July, 14, there were 463 new confirmed cases and Read More…
Nigeria’s bourse simplifies capital market investment with comic book
The Nigerian Stock Exchange (NSE) has reiterated its commitment to promoting financial literacy with its comic series, ‘StockTown’, issued to simplify ways of investing in the Capital Market. Mr Olumide Orojimi, the Head, Corporate Communications, NSE, said in a statement made available to the News Agency of Nigeria (NAN) on Tuesday in Lagos that the Read More…
Nigeria records 595 new cases of COVID-19, total jumps to 33,153
Nigeria has announced 575 new COVID-19 cases in the country as total infections from the virus rise to 33,153. The Nigeria Centre for Disease Control (NCDC) made this known on its official twitter handle on Monday . The NCDC said that the new confirmed cases as at July 13 was 595 while four deaths were recorded Read More…
Nigeria treated, discharged 13,447 COVID-19 patients
The number of COVID-19 patients discharged in the country is now 13,447 following 344 new successfully treated cases. This is according to the new data released by the Nigeria Centre for Disease Control (NCDC) on its official twitter account on Sunday. The NCDC had also recorded 571 new COVID-19 cases in 20 states, bringing the Read More…