•CBN Governor Yemi Cardoso Top hierarchy in banks’ manÂagement are currently having sleepless nights as the deadline to move dormant and inactive accounts to the Central Bank of Nigeria (CBN) is gradually approaching. Investigation by our correspondent revealed that close to N10 trillion will be moved to the CBN from September 30 to OctoÂber 1...
•Stock market Investors lost N847 billion in the stock market last week due to the negative impact of profit-taking and selloffs on the Nigerian Exchange Limited. Consequently, the NGX market capitalisation, which represents the total value of investment on the Exchange, dropped to N55.131 trillion from N55.978 trillion the previous week, repo...
•Nigeria’s defender Michelle Alozie (C) drinks water as players cool off due to heat The Super Falcons’ campaign at the Paris Olympics is over. A loss to Japan in their last Group C game condemned them to a disappointing exit from the competition, reports Channels TV. It was 3-1 in the Asian side’s favour, ending […]
•Nze Chidi Duru Deputy National Organising Secretary of the All Progressives Congress Nze Chidi Duru, shares his thoughts with Sunday PUNCH about the economic hardship in the country, President Bola Tinubu’s reforms, and the political crisis rocking Kano and Rivers states, among other issues. Excerpts: What’s your assessment of President Bola ...
The NGX All-Share Index experienced a significant decline in April, losing N3.57 trillion in market value. This downturn represents the first monthly decline for the NGX this year, contrasting with gains of 17.7%, 12.47%, and 5.64% recorded in January, February, and March respectively. Despite this setback, the NGX is still up by 31.36% year-t...
Investors lost N784 billion on the stock market last week following sell-off in the shares of some highly capitalised stocks. The selloffs kept the stock market in the negative territory despite signs of recovery in some banking securities, which hitherto drove weak performance in the market, reports Vanguard. Investment analysts had projected...
•Some of the contestants A chieftain of the All Progressives Congress, APC, Bamidele Oloyeloogun said the party will lose the forthcoming Ondo State governorship election if Saturday’s primary is not cancelled. Oloyeloogun stated this at a press conference in Akure yesterday. Recall that Governor Lucky Aiyedatiwa emerged as the candidate of AP...
•Allen Onyema Nigerian airlines lose an estimated N15 billion annually to bad behaviours of passengers, which avoidably lead to flight delays. Dr. Allen Onyema, the Chairman of Air Peace, stated this to aviation correspondents yesterday in Lagos, reports Daily Independent. Onyema lamented that poor passenger behaviours constitute the major cau...
•Mohammed Idris The Minister of Information and National Orientation, Mohammed Idris, today, eased fear of job losses after the implementation of the Oronsaye Report. Idris disclosed this in a statement signed by his media aide, Rabiu Ibrahim today, reports The PUNCH. Twelve years after it received the Stephen Oronsaye Report, the federal gove...
Impressive Super Eagles of Nigeria lost to hosts Ivory Coast in a thrilling Africa Cup of Nations (AFCON) final match at the Alassane Ouattara Olympic Stadium in Ebimpe, Abidjan, this night. The impressive Nigerian side lost 1-2 to the host nation. The Eagles captain William Troost-Ekong put Nigeria in the lead in the first half […]
The Frontier is Nigeria’s leading online newspaper. It is published by Okims Media Links Limited headed by Sunny Okim, a veteran journalist who is widely known as The Grandmaster, fondly called so by colleagues and friends for being Nigeria’s pioneer movie journalist.
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