Nigeria

Source: BizWatchNigeria.Ng Author: Boluwatife Oshadiya The Nigerian Exchange (NGX) stopped its two-day downward trend, bringing profits to equity investors of about N132 billion. Notable gains were made in STANBIC (+9.6%), ZENITH (+2.8%), and FIDELITY (+8.0%), among other stocks. Consequently, the year-to-date return rose from yesterday's 32.

Source: Newsday KALTUNGO, Nigeria -- The 9-month-old twins cried nonstop and tugged at their mother, seeking attention but also food. They had received little in the past 24 hours, and there were signs of deeper hunger in the heads too big for their tiny bodies. "Not much milk comes out,

Source: New Telegraph Author: New Telegraph-Admin The Nigerian Supreme Council for Islamic Affairs (NSCIA), yesterday, directed the Muslim Ummah to look out for the crescent of Dhul Hijjah 1445 AH from today. The Sultan of Sokoto Alhaji Sa'ad Abubakar III, who is the President-General of the body, issued the directive

Source: Daily Trust The Nigeria Security Civil Defence Corps (NSCDC) has arrested five suspects in Kano for alleged vandalism and theft. The Commandant of the Corps in Kano State, Mohammad Lawal-Falala, said this in a statement issued on Tuesday in Kano. He said the suspects were apprehended by the anti-vandalism

Source: Daily Trust The Nigerian Deposit Insurance Corporation (NDIC) says it has commenced the process of paying depositors of the now liquidated Heritage Bank. Bello Hassan, managing director of NDIC, made the announcement in Abuja on Wednesday during a press conference while assuring depositors of their payments in the next

Source: Market Screener ABUJA (Reuters) - Nigeria's Fidelity Bank said on Thursday it would raise a total of up to 127.1 billion naira ($87.66 million) via a rights issue and a public share offering to comply with a new minimum capital requirement for local lenders introduced by the