Equity researchers have said that the stock market will continue on a positive trajectory this week after six weeks of consecutive negative performance was halted following repositioning by investors in anticipation of dividend declaration by corporates. They, however, said that the prospect of higher yields in the fixed income market could taper the expected rally. The […]
The volume of dollar traded (turnover) in the Nigerian Foreign Exchange Market, NAFEM, declined month-to-month (MoM) by 37.4 percent to $3.47 billion in April 2024 from $5.54 billion in March 2024. Vanguard analysis of weekly transactions in the market as published by FMDQ showed that turnover stood at $836.66 million in the first week of April […]
Petrol supply challenges facing the country entered its third week yesterday with marketers remaining upbeat about the situation following the release of more volumes by NNPC Limited. Checks by Vanguard showed that while the length of queues at some of the filling stations opened to motorists in Abuja has reduced significantly, the situation in Lagos remains unresolved. Around the central area of the […]
PRESIDENTIAL candidate of the Labour Party, LP, Mr Peter Obi, weekend, explained why servers belonging to the Independent National Electoral Commission, INEC, failed to work during the 2023 presidential election. According to him, the ‘establishment of criminality’ made the INEC servers not work during the last general elections. Obi stated this while addressing the issues of […]
Comedians such as AY Makun, Seyi Law, and MC Lively were in attendance at the child dedication ceremony of ace comedian Atunyota Akpobome, popularly known as Ali Baba. Recall that the comedian announced the birth of his triplets, born two months earlier, on his Instagram account on Monday, April 1, 2024. However, many were sceptical […]
Many indigenous companies and International Oil Companies, IOCs, have indicated interest in bidding for the 12 onshore and seven deep offshore blocks put forward for sale by the Federal Government. Vanguard gathered yesterday that the companies have been reviewing the requirements, including technical competence and financial capacity, required by the Nigerian Upstream Petroleum Regulatory Commission, NUPRC, to […]
Vitor Roque’s representative, Andre Cury, has voiced criticism towards Barcelona manager, Xavi, revealing that the player is considering a permanent departure this summer. According to Cury, communication between Roque and Xavi has ceased, leading to speculation about the player’s future at the club. In a recent interview with RAC1, Cury emphasized that Roque’s departure will […]
Former Manchester United defender, Gary Neville, has claimed Manchester City could win the Premier League before the last day of the season. Arsenal are still top of the table following a 3-0 win over Bournemouth on Saturday lunchtime. However, City responded hours later with an emphatic 5-1 victory over Wolves. The Gunners only hold a […]
Singer Adekunle Gold has lambasted controversial producer-turned-blogger, Samklef, after he called out his wife, Simi for being “ungrateful.” On his X handle, Samklef mentioned Simi and Ric Hassani as the two “most ungrateful” artists he has ever worked with. He specifically vowed never to “fully” forgive if she doesn’t publicly apologise for setting him up […]
Billionaire businessman, Elon Musk has reacted to the ongoing hip-hop beef between rappers, Drake and Kendrick Lamar. He noted that the beef was sparking conversations worldwide. Taking to the comment section of an X post by popular American media personality, DJ Akademiks asking fans of their opinions about the beef, Musk wrote: “Everyone is talking […]
