NGX gives insight on why it reclassified Fidelity Bank stock at Exchange
The management of the Nigerian Exchange Limited (NGX) has provided explanations on why it recently reclassified the bank’s stock from small to medium stock. A statement by Joseph Kadiri, Media Relations, Corporate Communications of the NGX, said the reclassification became…
Foreign transactions on NGX rise to N145.1bn in six months
Amid the bounce of a new administration and raft of changes in government policies, total foreign transactions performed by investors at the floor of the Nigerian Exchange Limited (NGX) grew to N145.08 billion in the first six months (H1) of…
NDPC Tasks Data Controllers, Processors Protection Compliance, Registration
The Nigeria Data Protection Commission (NDPC) has urged all banks, telecom operators, educational institutions, government parastatals and other organizations that collect and process data in Nigeria to register with the Commission between now and December, 2023 for data protection compliance…
NPA decries rising extortion along Port access road in Lagos
The Nigerian Ports Authority (NPA) has raised the alarm on increasing extortion along the access roads of the Lagos and Tin Can Island Port Complexes. This is coming on the heels of the clearance operations the Authority undertook on 16th…
Three Vietnamese, Guinean jailed for wildlife trafficking in Nigeria
On Wednesday 19 July, the trial of three Vietnamese and one Guinean national accused of trafficking 7.1 tonnes of pangolin scales and 850 kgs of ivory concluded in Nigeria with the conviction of the four accused. The judge of the…
NDLEA arrests drug lord while giving mule 93 cocaine wraps in hotel
It was a rude shock to a notorious drug kingpin who specializes in sponsoring young Nigerians to traffic Class A drugs to Europe especially Italy, when operatives of the National Drug Law Enforcement Agency, NDLEA, stormed his hotel room in…
NITDA woos Global Tech Giants to support Nigerian Startup
The National Information Technology Development Agency (NITDA) has commenced engagements with international bodies in ensuring that a formidable startup ecosystem is built in the country through resources that are harnessed from global tech giants for the sustenance of the country’s…
Vice Chancellors Hail Dangote’s Impact on Agricultural revolution
The President of Dangote Group, Aliko Dangote has been hailed as a foremost entrepreneur whose laudable interventions in the agricultural sector in Nigeria should be applauded and emulated by others. Many Nigerian University Vice Chancellors, under the auspices of Committee…
Customs CG Assesses Ikorodu Government Warehouse, Meets NPA Reps, Others
In continuation of his visit to Zone ‘A’, Acting Comptroller-General of Customs, Bashir Adewale Adeniyi MFR, paid a working visit to the Ikorodu Government Warehouse, Lagos. The Ag. CGC was received by the officer in charge of the warehouse, Deputy…
Expect good results of Tinubu’s economic policies in Q1 ‘24—Rewane
Leading economist and Chief Executive Officer, Financial Derivatives Company Limited, Bismarck Rewane has assured Nigerians that the economic reforms and policies of President Bola Tinubu’s administration will start yielding results from the first quarter of 2024. Rewane said this on…
