The private sector led Coalition Against COVID-19 (CACOVID) has donated fully equipped isolation centres and medical equipment running into several millions of naira to the Ondo and Kwara state governments. The donation was in response to plea by state governors and to strengthen the partnership with governments at all levels to help contain the coronavirus pandemic in the country. The group, which comprises leading private sector operators, had earlier donated similar items to the governments of Rivers and Enugu states, apart from the distribution of food palliatives,…
Read MoreDay: May 7, 2020
NSE extends gain with N110bn
Nigerian Stock Exchange yesterday sustained its positive outlook for the ninth consecutive trading session as the overall performance measures, NSE ASI and market capitalisation, rose further by 0.87 per cent each. Market watchers attributed the development to renewed confidence as bargain hunters leverage on undervalued stocks. Consequently, the All-Share Index rose by 210.88 basis points or 0.87 per cent to close at 24.354.25 index points as against 24.143.37 recorded the previous day while market capitalisation of equities appreciated by N110 billion or 0.87 per cent to close higher…
Read MoreUBA rewards 100 customers with N100,000
Pan African financial institution, United Bank for Africa (UBA) Plc has again given its loyal customers reason to cheer as it rewarded 100 loyal customers with N100,000 each in the UBA Bumper account draw. The draw, which took place at the UBA head office on Tuesday, was held via Facebook platform in strict compliance with social distancing rules as directed by the federal and Lagos State Government where 100 more customers emerged winners through a transparent draw. When contacted, the customers, who emerged winners of the draw,…
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