Africa’s underperforming stock markets face economic turmoil, raising investor concerns.Nigeria’s stock market declined by 33.6%, impacted by currency depreciation and import reliance.Companies like Nestle Nigeria show potential with a 161.6% Return on Equity, while IHS Towers faces challenges with a negative ROE. Amidst economic headwinds, while some African stock markets bask in the glow of…
The ministerial nominee added that investigation of criminal offences shouldn’t be handled by the same body and there must be a supervisory authority within the same system. Mr Lateef Fagbemi, a ministerial nominee from Kwara, has called for the unbundling of the Economic and Financial Crimes Commission (EFCC) and the Independent Corrupt Practices and Other…
Organised Labour have called off their strike action after meeting with president Tinubu last night. The organised labour in Nigeria has announced the suspension of its nationwide protests against the removal of fuel subsidy. The decision was made after a crucial meeting with President Bola Ahmed Tinubu, during which the labour leaders extracted vital commitments…
Davido‘s fourth album ‘Timeless’ has surpassed a billion streams across different platforms. On March 31, 2023, Davido released his highly anticipated album ‘Timeless’ which was received with fanfare and which went on to set multiple streaming records across all major streaming platforms. In another feat, ‘Timeless’ has now surpassed a billion streams across Spotify, Apple…
Asisat looks spectacular in power suits; here are five times she wore them. Did you know that Asisat Oshoala, the Nigerian Super Falcons and Barcelona Female Football player, can not only rock baggy pants, crop tops, and football jerseys, but she also knows how to effortlessly rock a suit? A power suit is basically a…
Daju stated that the committee was inauguration in furtherance of the federal government’s commitment to promote Occupational Safety and Health in workplaces in the country. The Federal Government has reiterated its commitment to resolve the crisis rocking the National Industrial Safety Council of Nigeria (NISCN). The Permanent Secretary, Federal Ministry of Labour and Employment, Mrs…
CEO of TMH stated that Africa is strategic not only to Russia but to the main financial and industrial institutions across the world. Transmashholding (TMH), Russia’s leading manufacturer of railway rolling stock, says Africa is in dire need of modern railway infrastructure to propel the continent to rapid development. The Chief Executive Officer of TMH,…
The guys are still on about housemates not stopping fights when they happen. The GenZ baddies butt heads late in the night on Wednesday, August 2, 2023, after their Guinness fashion show task. The altercation between Angel and Ilebaye happened to be a result of a brewing argument that happened during the day. According to…
UBA GMD also promised investors and customers that the best is yet to come. Mr Oliver Alawuba, Group Managing Director, United Bank for Africa (UBA), has reiterated the bank’s commitment to enhancing customer experience. He also expressed optimism on greater achievements for customers and shareholders. In a statement signed by Mr Nasir Ramon, Group Head,…
CCE, NUPRC stated that the management found the protest strange because it had earlier invited the staff to meet with the commissioner to ensure that their demands were met and also ascertain what had been paid and if there were still outstanding. The management of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says it does…
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