Thursday, June 6, 2024

MARKET UPDATE

TheCable

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The Nation

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‘No money allocated’ — NOA denies reports of N814bn spent on national anthem

‘No money allocated’ — NOA denies reports of N814bn spent on national anthem

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Reps spokesperson: Labour exaggerating lawmakers’ pay to incite public anger

Reps spokesperson: Labour exaggerating lawmakers’ pay to incite public anger

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PDP: We’re not in merger talks with any political party

PDP: We’re not in merger talks with any political party

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Reps to FG: Fix realistic living wage for workers, review electricity tariffs

Reps to FG: Fix realistic living wage for workers, review electricity tariffs

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Reps to security agencies: Probe despicable killing of soldiers in Abia

Reps to security agencies: Probe despicable killing of soldiers in Abia

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Business

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‘No N5.4trn subsidy provision’ — FG says documents on fiscal policy proposals unofficial

‘No N5.4trn subsidy provision’ — FG says documents on fiscal policy proposals unofficial

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Due process followed in trial of Binance, says FG

Due process followed in trial of Binance, says FG

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Naira records slight appreciation at parallel market, falls in official window

Naira records slight appreciation at parallel market, falls in official window

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Fidelity Bank to raise N127bn through public offer, rights issue

Fidelity Bank to raise N127bn through public offer, rights issue

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Heritage Bank shutdown: Badly run bank shouldn’t have lifetime guarantee, says Moghalu

Heritage Bank shutdown: Badly run bank shouldn’t have lifetime guarantee, says Moghalu

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Inside Nigeria

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Olugbenga Edema dumps APC, elected NNPP governorship candidate in Ondo

Olugbenga Edema dumps APC, elected NNPP governorship candidate in Ondo

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Customs impounds sacks of pangolin scales worth N3.9bn in Kebbi

Customs impounds sacks of pangolin scales worth N3.9bn in Kebbi

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Ondo NNPP candidate withdraws from governorship race

Ondo NNPP candidate withdraws from governorship race

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NSCDC arrests five suspects in Kano for ‘vandalism, theft’

NSCDC arrests five suspects in Kano for ‘vandalism, theft’

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Passengers stranded as Abuja-Kaduna train derails at Asha station

Passengers stranded as Abuja-Kaduna train derails at Asha station

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Sport

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Ndidi: Labour strike affected Eagles’ preparation for S’Africa, Benin games

Ndidi: Labour strike affected Eagles’ preparation for S’Africa, Benin games

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Real Madrid confirm signing of Mbappe from PSG

Real Madrid confirm signing of Mbappe from PSG

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Chelsea appoint Enzo Maresca as new head coach

Chelsea appoint Enzo Maresca as new head coach

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Vinicius Junior named 2023/24 UCL player of the season

Vinicius Junior named 2023/24 UCL player of the season

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Real Madrid win record-extending 15th UCL title

Real Madrid win record-extending 15th UCL title

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Petrobarometer

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NUPRC: We’ll ensure IOCs supply sufficient crude oil to Dangote refinery

NUPRC: We’ll ensure IOCs supply sufficient crude oil to Dangote refinery

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Dangote: IOCs struggling to supply us crude oil… they prefer exporting

Dangote: IOCs struggling to supply us crude oil… they prefer exporting

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OPEC extends Nigeria’s 1.5m oil production quota to 2025

OPEC extends Nigeria’s 1.5m oil production quota to 2025

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NNPC to commence crude exploration in Ogun

NNPC to commence crude exploration in Ogun

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Company Analysis

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N11.5b foreign exchange loss plunges Cadbury Nigeria into loss for second year

N11.5b foreign exchange loss plunges Cadbury Nigeria into loss for second year

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N22bn FX loss cuts Lafarge Africa’s profit by two-thirds in Q1

N22bn FX loss cuts Lafarge Africa’s profit by two-thirds in Q1

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Guinness Nigeria building biggest loss in years, closes Q3 with N61.7bn loss

Guinness Nigeria building biggest loss in years, closes Q3 with N61.7bn loss

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How Access Holdings built N26.7trn balance sheet in 2023 — biggest expansion in years

How Access Holdings built N26.7trn balance sheet in 2023 — biggest expansion in years

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Exclusives & Features

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EXPLAINER: What does Trump’s conviction mean for his presidential bid?

EXPLAINER: What does Trump’s conviction mean for his presidential bid?

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Empty streets, markets as residents comply with IPOB’s sit-at-home order in south-east

Empty streets, markets as residents comply with IPOB’s sit-at-home order in south-east

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REWIND: 2014 national confab recommended return to old national anthem

REWIND: 2014 national confab recommended return to old national anthem

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REWIND: In 2022, Tinubu said he would bring back old national anthem

REWIND: In 2022, Tinubu said he would bring back old national anthem

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Nigerian scholars beg for alms, face evictions abroad as FG defaults on stipends

Nigerian scholars beg for alms, face evictions abroad as FG defaults on stipends

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Policy Radar

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EXPOSED: How ‘barrack boys’ levy road users flouting okada ban on Lagos highway

EXPOSED: How ‘barrack boys’ levy road users flouting okada ban on Lagos highway

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Patients suffer as Nigeria’s first teaching hospital lacks life-saving machine

Patients suffer as Nigeria’s first teaching hospital lacks life-saving machine

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INVESTIGATION: Company makes fortunes blasting rocks in Ebonyi, but residents pay with their health

INVESTIGATION: Company makes fortunes blasting rocks in Ebonyi, but residents pay with their health

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Matthew Eworo gets hand surgery — after TheCable’s Lagos slave factories report

Matthew Eworo gets hand surgery — after TheCable’s Lagos slave factories report

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NRC official arrested over alleged ticket racketeering after TheCable’s report

NRC official arrested over alleged ticket racketeering after TheCable’s report

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International

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Children among ’27’ killed as Israel hits UN school in Gaza

Children among ’27’ killed as Israel hits UN school in Gaza

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WHO confirms first fatal case of human H5N2 bird flu in Mexico

WHO confirms first fatal case of human H5N2 bird flu in Mexico

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Report: US lawmakers ask Biden to intervene in Binance executive’s trial in Nigeria

Report: US lawmakers ask Biden to intervene in Binance executive’s trial in Nigeria

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Development Cable

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Report: Many countries failed to include children in national adaptation policies

Report: Many countries failed to include children in national adaptation policies

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PHOTOS: Save the Children, AEPB mark World Environment Day with tree planting, art competition in Abuja

PHOTOS: Save the Children, AEPB mark World Environment Day with tree planting, art competition in Abuja

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Agora Policy: Tinubu yet to fulfill pledge on political inclusion for women, youth

Agora Policy: Tinubu yet to fulfill pledge on political inclusion for women, youth

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FACT CHECK

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FACT CHECK: No, Woodberry has not been released from prison

FACT CHECK: No, Woodberry has not been released from prison

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Misinfo Alert: Ayo Banjo — not Ayo Adebanjo — is dead

Misinfo Alert: Ayo Banjo — not Ayo Adebanjo — is dead

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FACT CHECK: Does genetically modified corn cause hypertension as Oyakhilome claims?

FACT CHECK: Does genetically modified corn cause hypertension as Oyakhilome claims?

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FACT CHECK: Is Ruto first African leader in 20 years to get US state visit invitation?

FACT CHECK: Is Ruto first African leader in 20 years to get US state visit invitation?

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CHECK AM FOR WAZOBIA

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Lawyer claim sey surrogacy dey illegal for Naija. Na true?

Lawyer claim sey surrogacy dey illegal for Naija. Na true?

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Nwányị̀ íburu íbè yá áfọ́ ímé ò mègìdèrè ìwú Naijiria?

Nwányị̀ íburu íbè yá áfọ́ ímé ò mègìdèrè ìwú Naijiria?

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Wani lauya yace mace ta daukan ma wata matar ciki karya doka ne a Najeriya. Gaskiya ne?

Wani lauya yace mace ta daukan ma wata matar ciki karya doka ne a Najeriya. Gaskiya ne?

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Amófin sọ pé ibanibimọ lòdì sí òfin ní Nàìjíríà. Ṣé òótọ́ ni?

Amófin sọ pé ibanibimọ lòdì sí òfin ní Nàìjíríà. Ṣé òótọ́ ni?

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Viewpoint

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Godwin Onyeacholem

Godwin Onyeacholem

MacArthur Foundation and the quest for good governance in Nigeria

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Dyepkazah Shibayan

On the need for a modernised customs

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Ibraheem Musa

Ibraheem Musa

Uba Sani’s scorecard

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Etim Etim

Etim Etim

Heritage Bank: What you didn’t know

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Oluwatoyin Ajilore-Chukwuemeka

Oluwatoyin Ajilore-Chukwuemeka

Out-of-school children: Exploring alternative schooling models outside 6-3-3-4 and 9-3-4

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Okoh Aihe

Okoh Aihe

Like the lizard, broadcasting lies prostrate

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Rudolf Ogoo Okonkwo

Rudolf Ogoo Okonkwo

SATIRE: Chinua Achebe writes Wole Soyinka from the great beyond

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Reuben Abati

Reuben Abati

Tinubu and the old/new national anthem

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Kayode Akinmade

Kayode Akinmade

Affirming Abiodun’s foresight, frontier exploration begins in Ogun

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Mayowa Tijani

Mayowa Tijani

What does history say is a fair minimum wage for Nigerian workers?

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Your say

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Nigeria’s economic dilemma: Breaking the vicious cycle

Nigeria’s economic dilemma: Breaking the vicious cycle

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Lineage and leadership: A reflection on the emirship of Kano

Lineage and leadership: A reflection on the emirship of Kano

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Nigeria’s revenue sharing formula needs a facelift

Nigeria’s revenue sharing formula needs a facelift

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Between patriotism and the allure of perfidious pertinence

Between patriotism and the allure of perfidious pertinence

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Nigeria’s ‘old-new’ anthem: A call for unity and renewed patriotism

Nigeria’s ‘old-new’ anthem: A call for unity and renewed patriotism

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Photos

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Airport shutdown, school closure — labour’s nationwide strike in photos

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