Equity investors position ahead of dividend earnings, gain N811bn

Equity researchers have said that the stock market will continue on a positive trajectory this week after six weeks of consecutive negative performance was halted following repositioning by investors in anticipation…

By
hbtechng
3 Min Read

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Without Messi, Inter Miami’s winning run ends with derby draw

Inter Miami’s five-match winning run came to an end on Wednesday as, without the injured Lionel Messi, they were held to a 0-0 draw at Orlando City. Messi had featured…

By
hbtechng
5 Min Read

Nigerdock moves to secure operations, signs security agreement

IN a bid to further secure its area of operations, Nigerdock has signed an agreement with G4S, a global integrated security company, to improve, manage, and oversee the security architecture across…

By
hbtechng
2 Min Read

Experts counter FG’s plan to access N20tr from pension fund

Experts in the pension sector have countered the plan by the federal government (FG) to tap about N20 trillion from pension funds to accelerate economic growth, arguing that the plan is…

By
hbtechng
4 Min Read

CBN kickstarts strategy to double remittances

The Central Bank of Nigeria (CBN) has activated plans to double foreign-currency remittance flows through formal channels by granting Approval-in-Principle (AIP) to 14 new International Money Transfer Operators (IMTOs). This was…

By
hbtechng
3 Min Read

Senate approves Tinubu’s request of $500m loan for BPE

THE Senate has approved President Bola Tinubu ‘s loan request amounting $500 million in favour of the Bureau of Public Enterprises, BPE, for electricity metering program to improve financial and technical…

By
hbtechng
4 Min Read

How Police officers looted, vandalized retired Commissioners property in Lagos

A team of policemen from the Works Department of the Force Headquarters, in Lagos, has stormed the senior police officers’ quarters at the Government Reserved Area, GRA, Ikeja and allegedly…

By
hbtechng
5 Min Read

N48,000 Minimum Wage Proposal : NLC, TUC walk out of negotiation meeting

The Nigeria Labour Congress(NLC) and Trade Union Congress of Nigeria (TUC), on Thursday, walked out of an ongoing minimum wage negotiation meeting, in protest against the Federal government’s proposal of…

By
hbtechng
1 Min Read

Naira depreciates to N1,530/$ at parallel market

The Naira further depreciated to N1,530 per dollar at the parallel market on Wednesday, May 16th, 2024 in contrast to N1,525 recorded Tuesday. Even though the Nigerian Autonomous Foreign Exchange…

By
hbtechng
1 Min Read

Late Olubadan, Lekan Balogun set for burial June 1

The late Olubadan, Oba Lealkan Balogun, is set to be buried on June 1, while preparation for Oba Olakunlehin’s coronation will commence after the burial. According to reports, the development…

By
hbtechng
1 Min Read

Politicians who steal trillions of govt money deserve death penalty – Ndume

The Chief Whip of the Senate, Ali Ndume, clarified the distinction between corruption involving politicians and other individuals. Ndume explained that corruption within Nigerian politics is primarily instigated by people…

By
hbtechng
1 Min Read

Autopsy: Netizens express outcry as cause of Mohbad’s death remain unknown

Some Nigerians on social media have blamed the Nigerian system following the Wednesday revelation that autopsy conducted on the body of late singer, Ilerioluwa Aloba, aka Mohbad, is said to have been…

By
hbtechng
4 Min Read

Why I can’t have kids, Burna Boy reveals

Grammy-winning Nigerian singer Damini Ogulu, popularly known as Burna Boy, has revealed why he is not yet ready to become a father. The 32-year-old artist shared that he feels unable…

By
hbtechng
2 Min Read

Three men shot at American rapper, Lil Baby’s video shoot in Atlanta

Gunfire disrupted a music video shoot for rapper Lil Baby near a commercial strip in Atlanta on Tuesday, May 14. Fortunately, the rapper himself escaped unharmed. According to police reports,…

By
hbtechng
1 Min Read

2024 Hajj: First set of Nigerian pilgrims take off from Kebbi

Pilgrims from Kebbi State who were scheduled for the first flight to the Kingdom of Saudi Arabia have left for the 2024 Hajj exercise. The state governor, Nasir Idris, announced…

By
hbtechng
2 Min Read

Governing council: FG begs ASUU over strike threat

The acting Executive Secretary of the National Universities Commission, Chris Maiyaki, said, on Wednesday, that the Federal Government was working to reconstitute the governing councils of universities. He said the…

By
hbtechng
5 Min Read
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