Dangote Cement, FBNHoldings, others Lift Equity Market by N53bn The equity market rebounded on Thursday from its previous session’s loss, gaining N53 billion. Investor interest in key stocks such as Dangote Cement, FBN Holdings, Guaranty Trust Holding Company, GTCO, and Fidelity Bank, alongside other advancing equities, contributed to the market’s positive performance. The market capitalisation increased by N53 billion, or 0.09 per cent rising from N62.257 trillion at the opening to N62.310 trillion at the close. Similarly, the All-Share Index…
JMG Limited Brings Succor to Less-Privileged, Donates Food Items to Orphanages JMG Limited, a leading provider of electro-mechanical solutions in Nigeria, recently extended its act of kindness to children in orphanages in Lagos by donating food items and supplies to them as part of its corporate social responsibility (CSR) initiative. JMG staff members at the donation of food items and other essentials to officials of Compassionate Orphanage The foremost company with efficient and reliable solutions for homes and businesses demonstrated that g…
Nigeria's Telecommunications Sector Poised for Innovation and Growth From Left: Executive Vice Chairman/CEO, Federal Competition and Consumer Protection Commission, Dr. Tunji Bello and Executive Vice Chairman/CEO, Nigerian Communications Commission, Dr. Aminu Maida, during the Memorandum of Understanding (MoU) signing ceremony between the two regulatory agencies for increased telecom consumer protection in Abuja on Tuesday, January 14, 2025. A landmark partnership is set to revolutionize Nigeria's telecommunications sector, drivi…
Anambra Executive Council Re-Commits To State Development At 2025 Retreat The just-concluded retreat by the Anambra State Executive Council (ANSEC) has re-energized to consolidate the monumental achievements of Governor Charles Soludo's administration. The retreat, themed "Changing Gear—Accelerating the Execution of the Solution Agenda in 2025," brought together members of ANSEC, Mayors of the 21 Local Government Areas, and other key stakeholders on January 13, 2025, at the International Convention Centre, Awka, Anambra State. I…
Soludo Condoles Victims of Nnewi Spare Parts Market Fire In a sympathetic mood, Governor Charles Chukwuma Soludo of Anambra State on Tuesday, consoles victims of the midnight fire incident that occurred at Ahịa Mgbede, opposite the New Motor Spare Parts Market in Nnewi. The Governor was saddened about the tragic occurrence that resulted in substantial loss of property and source of income for the entrepreneurs in the market, a terrible situation in the country's present economic climate. According to the Governor's Chief Press Secretar…
Soludo Congratulates Pioneer MD, SEDC, Okoye, on Confirmation by Senate Governor Charles Soludo of Anambra State congratulates the pioneer Managing Director of the South East Development Commission (SEDC), Mr. Mark Okoye, as he gets confirmation on his appointment by the Senate. Soludo commended President Bola Tinubu for Okoye's appointment and expressed confidence that Okoye's role as MD of SEDC will significantly benefit the entire Southeast region. In a statement from the governor's Chief Press Secretary, Christian Aburime, Solu…
FIRSTBANK CLARIFIES MISLEADING REPORTS, REASSURES CUSTOMERS OF GOLD STANDARD BANKING SERVICES Our attention has been drawn to recent media reports regarding a commercial transaction between First Bank of Nigeria Limited (FirstBank) and General Hydrocarbons Limited (GHL) that is currently a subject of litigation. As a responsible and law-abiding corporate citizen of Nigeria with utmost respect for the courts, FirstBank will not be able to offer comments on issues which are pending for determination by the courts, as such issues are sub-judice. …
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