European Stocks Push Higher to Close Week

By Adedapo Adesanya Crude oil prices fell on Thursday members of the Organisation of the Petroleum Exporting Countries and its allies (OPEC+) agreed to voluntary output cuts for the first quarter of next year, falling short of market expectations. As a result, Brent crude futures lost 27 cents or 0.3 per cent to close at $82.83 per barrel, and the US West Texas Intermediate (WTI) crude futures went down by $1.90 or 2.4 per cent to $75.96 a barrel. On a monthly basis, Brent fell by 5.2 per cent while WTI was down by 6.2 per cent. Saudi Arabia, Russia

By Adedapo Adesanya The trio of Newrest Asl Plc, FrieslandCampina Wamco Nigeria Plc, and Acorn Petroleum Plc made the NASD Over-the-Counter (OTC) Securities Exchange appreciate by 0.14 per cent on Friday, December 1. The three gainers pressed down the 8 Kobo loss reported by UBN Property Plc, which closed the trading session at N1.52 per unit compared with the preceding day’s value of N1.60 per unit. During the trading day, Newrest Plc gained N1.46 to close at N16.10 per share compared with Thursday’s closing price of N14.64 per share, FrieslandCampina Wamco Plc moved up by 60 Kobo to end the

By Dipo Olowookere The Nigerian Exchange (NGX) Limited commenced the first trading session in December 2023 on a bullish note, with a marginal growth of 0.08 per cent. Sustained buying pressure kept Nigerian stocks in the positive territory, extending the dominance of the bulls on Customs Street, though the turnover waned. Business Post observed that investors cherry-picked equities in the banking and the energy sectors during the session, leaving them rising by 1.14 per cent and 0.05 per cent, respectively. However, the insurance counter lost 1.10 per cent, the consumer goods index depreciated by 0.08 per cent, and the industrial

By Dipo Olowookere The last trading day of November 2023 on the floor of the Nigerian Exchange (NGX) Limited ended on a bullish note by 0.11 per cent on Thursday. Mild bargain-hunting in industrial goods equities like Lafarge Africa, supported by Airtel Africa, GTCO and other financial stocks left the market in the green territory at the close of business. Consequently, the All-Share Index (ASI) increased by 81.91 points to settle at 71,365.25 points compared with the preceding day’s 71,283.34 points, and the market capitalisation grew by N44 billion to N39.052 trillion from N39.008 trillion. Business Post reports that the

By Dipo Olowookere A report has disclosed that play-to-earn (P2E) gaming adoption in Nigeria is expected to reach 33 per cent at the end of 2022, double the present state. In the Finder’s NFT Gaming Adoption Report, it was revealed that 16.05 per cent of Nigerian internet users have used P2E gaming platforms this year, putting the country at number 9 in the world. India has the most gamers at 34 per cent, followed by Hong Kong at 29 per cent, the United Arab Emirates in third at 27 per cent and the Philippines in fifth at 25 per cent.

From October 1, 2016, the Federal Road Safety Commission (FRSC) will commence implementation and enforcement of the Speed Limiting Device in the country. The FRSC said it already has the approval of the presidency. While briefing stakeholders in Abuja, FRSC’s Corps Marshall, Boboye Oyeyemi, said the implementation and enforcement of the device witnessed four postponements from its initial launching date of June 1, 2015, before its final approval by the presidency. He said, “The final directive from the presidency is clear; the enforcement date for the implementation of the speed limiting device is on October 1 and we have had

By Dipo Olowookere The first batch of interns selected under the Ynspyre project of Heritage Bank has undergone a training organised in conjunction with Silverbird Group. Five young entrepreneurs in the Nigerian creative and entertainment industry were chosen from the over 3,000 who applied to be part of the programme. The selected persons embarked on a rigorous 3-month internship training programme to equip them with the necessary skills for their future engagements. The Ynspyre interns were Derrick Ugwugbu–Reporter/Anchor; Deborah Johnson–Radio Presenter; Oluwasegun Emmanuel Ikoya–Disk Jockey (DJ); Ayomide Solaja–News Presenter and Abayomi Bello–Cinematographer. The initiative is part of Heritage Bank’s determination

By Dipo Olowookere In order to ease the challenge of buying the right gift for friends, families and business associates during festive seasons, SPAR Nigeria has unveiled a Christmas Gift Card alongside other theme based gift cards to suit every occasion. Marketing Head of SPAR Nigeria, Mr John Goldsmith, while speaking in Lagos about the new product, disclosed that research has shown that many people have challenges in choosing the perfect gift during festive seasons and special occasions like birthdays, weddings, anniversaries etc. “We have created these gift cards as a means of helping people to give valuable and flexible

By Modupe Gbadeyanka Director-General of Nigerian Maritime Administration and Safety Agency (NIMASA), Mr Dakuku Peterside, has appealed to the Shell Petroleum Development Company (SPDC) not to relocate its corporate headquarters from Port Harcourt, Rivers State capital. Mr Peterside’s appeal comes as the Rivers State government last Wednesday, through its Attorney-General, Mr Emmanuel Aguma, petitioned the Senate over the “planned relocation” of SPDC headquarters from Port Harcourt to Lagos. Speaking on the issue, Mr Peterside stated that if the petition of Rivers State government against Shell is true, then it portends grave consequences for the state. The 2015 All Progressives Congress

By Adedapo Adesanya The Lagos State Government has announced a partnership with Julius Berger Plc for the disinfection and fumigation of public places in the state to curtail the spread of COVID-19. This was made known by the state’s Commissioner for the Environment and Water Resources, Mr Tunji Bello,  said this in a statement in Lagos after the flag off of the exercise at Iddo Bus Stop over the weekend. Mr Bello said the partnership with Julius Berger Plc, a construction company, was in line with the state’s determination of the Mr Babajide Sanwo-Olu’s administration to secure the lives of

By Modupe Gbadeyanka A total of 27 companies listed on the Nigerian Stock Exchange (NSE) recorded various declines in value of their shares on Wednesday as the downward trend at the capital market continued. However, only 11 stocks appreciated today, while seven retained the price they closed with the previous day. On the losers’ chart, PZ lead the pack with a crash of N1.51k to close at N16.49k per share, Flour Mill depreciated by 95k to finish at N18.5k per share, GlaxoSmithKline fell by 75k to finish at N15 per share, GTBank also collapsed by 75k to close at N20.65k

Most people use all the advantages that modern technologies offer. Technology is constantly changing and evolving, allowing us to witness incredible advances in security, safety, transportation, business, architecture, education, medicine, healthcare, communications, etc. Technology is the answer to the problems facing the modern world these days, but it always comes with some risks. While you have a lot of freedom to learn, connect with others, and find affordable entertainment online, you are also a target for cybercriminals. With that in mind, let’s look at some of the ways you can take control of your online life. Leading a digital life