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A team of crack detectives has arrested a three-man gang notorious for dispossessing motorists of their belongings around Abiola Garden, Ketu/Ojota Road, Lagos.
The suspects, Kareem Ahmed ‘m’ aged 26, and Afo Emma ‘m’ aged 24 were found with 5 stolen android phones, a jack knife, a cutlass...
A couple was walking bare unclad in VGC Lagos and folks don't like it so much. Maybe they didn't have a job or something and decided to have sex and walk unclad around the town. The video has now gone viral. Check it out.
People confronted both unclad couples in VGC in this video and invited...
Oh, the internet is heating up as Actress Nkechi Blessing tells a troll who called her lonely and bitter. Nkechi Blessing told the troll that she is getting a good "D" and the internet went wild on the issue.
"When I was posting a man, dem say I dey show off. Now I no want post her new man...
New jobs on Hubforjobs career page. Nigeria.
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Content Curator
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Telesales Marketer at “Hubforjobs’’
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Jobs in Lagos...
Banks are perhaps the biggest winners of the Central Bank of Nigeria (CBN)’s move on Tuesday to hike interest rates for the first time since 2016.
With the CBN raising interest rates by 150 basis points to 13 percent to combat accelerating inflation, the yield on government securities, which...
IMPLICATIONS OF MPC RATES FOR BANKS
1. Cost of funds will increase due to increase in deposit rates
2. Value of financial assets holding will fall due to increase in yield
3. Reprisal of maturing assets in line with the new interest rate regime, while new risk assets will be priced...
What does it mean for a company to decide to cancel its unused shares? The Flourmill just resolved to cancel its unused shares. To hold its board meeting on 26th of May to approve its 2022 audited financial report. Its audited financial report is coming earlier than usual. What does all these...
How the companies performed
In terms of ranking, the top five companies by revenue in the first quarter of 2022 were MTN Nigeria, Dangote Cement, Flour Mills, Nigerian Breweries, and Nestle Nigeria. The five companies generated a total revenue of N1.43 trillion, accounting for 61.6% of the total...
The NGX has also outperformed peers from the Johannesburg Exchange (6.1 percent) to the Egyptian Stock Exchange (-12.45 percent) and the Nairobi Securities Exchange (-15.91 percent).
It doesn’t stop there. Nigerian stocks have also outperformed emerging market peers, which are down 11 percent...
The bullish run by Nigerian stocks may however not be sustainable. Interest rates may soon start to rise as the Central Bank of Nigeria comes under pressure from rising global interest rates. At the last Monetary Policy Committee meeting, four out of 10 members of the committee voted for a hike...
A compelling investment case
A N1 million investment in Presco’s stock on the first trading day of January would be worth N2.28 million, implying a gain of N1.28 million.
In Okomu’s case, the N1 million investment would be worth N1.5 million, implying a gain of N514,000.
Okomu has a...
Nigerian celebrity Mercy Johnson has come forward to denounce a woman claiming to be her mother. crazy story.
With how far people can go for money, we definitely wouldn't be surprised if this is just another stunt or not but that's not ours to decide.
News reaching us today is that a...
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