Upbeat sentiment lifts Nigerian SE index higher
05 June 2017 | 2:37 pm
Upbeat sentiment at Nigeria's equities market has seen the bourse log gains of over 10 percent in the last two weeks. The market's year-to-date return now stands at over 16 per cent.
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5 Nov 2021
91 illegal migrants from Nigeria are being repatriated back to their home country, in what security officials say is a voluntary return from Libya's International Misrata Airport to the Nigerian capital Niamey.
5 Nov 2021
Nigeria has secured a new set of military gear and they are massive. The Nigerian Army recently unveiled 60 new VP1 Type Tracked Armoured Personnel Carriers to expand it armory.
8 Nov 2021
Bar owner Mohamed Lamin Mansaray told everyone to run away from his bar just before a fuel tanker exploded following a traffic collision, killing at least 99 people and injuring hundreds more on Friday (November 5) in Sierra Leone. The explosion destroyed Mansaray's business killing a staff member and destroying his home, which he had built for himself and his 10 family members. "We are getting into festive season....I have just purchased a brand new musical set, lots of drinks from the Sierra Leone brewery and chairs that worth about Le 270,000,000 (24,700 USD). Property that I have lost and one of my staff died”, said Mansaray while pointing at what is left of his business.
11 Nov 2021
Golf is a club-and-ball game in which players use various clubs to hit balls into a series of holes on a course. The sport dates as far back as the 15th century and it is one of the most popular outdoor games around the world. Even though the game is not really popular in mainstream Nigeria, it has often been regarded as a male and elite sport, but this set of women are changing the narrative, to them, golf is more than just a game. Some female golfers took out time to share their experiences playing a sport that is mostly dominated by men.
15 Nov 2021
Nigeria’s Foreign Minister Geoffrey Onyeama told FRANCE 24 that recent coups in West Africa are undermining democracy and that events have reached a crucial juncture for the Economic Community of West African States (ECOWAS) regional bloc. “Clearly it is a threat, it is an unfortunate precedent,” he said.
18 Nov 2021
A fact-checking media in Mali has identified false claims of child harvesting in Nigeria – so-called "baby factories". The claim that the images in question are recent is bogus, but a real phenomenon of child harvesting does exist in Nigeria. Also, a Canadian media dramatically claimed that the wife of Pfizer's CEO died due to the Covid-19 vaccine. In fact, she is alive and well.
26 Nov 2021
The Monetary Policy Committee of the Central Bank of Nigeria (CBN) has voted unanimously to retain the benchmark interest rate (MPR) at 11.5%, whilst keeping all other monetary parameters constant.
27 Nov 2021
Nigeria has the second largest film output in the world, but many filmmakers struggle with low budgets and barely make a profit. But streaming platforms are giving a boost to African films.
4 Dec 2021
In October, the Central Bank of Nigeria launched the hugely-anticipated eNaira, joining the small league of countries to own their digital currency. But it hasn’t been smooth sailing for the currency that, according to the CBN, offers more possibilities. What do you think about the eNaira? How would you describe your experience with the eNaira app?
7 Dec 2021
Oil giant Shell will pay a Nigerian community $111m (£80m) over an oil spill more than 50 years ago. A spokesman said the payment would mark the "full and final settlement" to the Ejama-Ebubu community over a spill during the 1967-70 Biafran War. The company has maintained that the damage was caused by third parties.
8 Dec 2021
Here are a few reasons to pick up a copy of The Guardian on Wednesday.
19 Dec 2021
Traditionally, growing avocados requires lots of water. But entrepreneurs in Nigeria are attempting to grow them in a new water-saving and sustainable way by using drip irrigation systems and recycling water.
3 hours ago
Official results have yet to be announced, but the two leading candidates are running neck and neck in results tallied by local media. Disappointingly, Tuesday's election witnessed a low voter turnout compared with 2017.
4 hours ago
A deadly fire at Cuba's main oil terminal Matanzas is still burning days after one of its gas tanks was struck by lightning. Mexico and Venezuela have deployed teams to help contain the blaze.
5 hours ago
Footage circulating on social media shows black smoke rising in the area of a Russian military air base in Crimea. Meanwhile, Russian oil transit has been reportedly halted to three EU countries.
5 hours ago
Serena Williams delivered an impressive physical performance in challenging conditions to return to winning ways at the Toronto Open on Monday and then said she can see the light at the end of the tennis tunnel in her career. Williams was forced to dig deep during her 6-3 6-4 first-round victory over Spain's Nuria Parrizas Diaz that saw the two women exchange blasts from the baseline in sweltering conditions on a hot and humid centre court.
6 hours ago
The leaders of Estonia and Finland have called for European nations to stop issuing tourist visas to Russians. Both nations are being used as a route for Russian tourists seeking to skirt an EU ban on air travel.
6 hours ago
Stacks of hairy yams line a market in Ibadan, Nigeria, where traders haggle over quality and price before loading them into cars for the last mile to consumers. Nearby, a man navigates heavy traffic with a hand cart piled high with the tubers. Yams - pounded into paste, ground into flour, boiled or fried – provide sustenance and livelihoods across West Africa.