Volatility, as investors opt for cash amidst Q3 earnings, mounting risks

Nigerian equities extends gain on Tuesday to cross N20trn market value

Market Update for October 21 By Investdata Analysts Equity prices on the Nigerian Stock Exchange (NSE) suffered huge loss at the midweek, halting the previous session’s gains and market rebound from its March-lows as it hits a major speed bump on a very high volatility. This followed panic selloffs in the midst of ongoing earnings reporting season, as investors reacted to events of what has now been tagged Black Tuesday, when soldiers fired live bullets at #EndSARS protesters, resulting in alleged fatalities. The Lagos State Governor, Babajide Sanwo-Olu, however says…

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Lagos on course to deploy 6,000km of fibre, 2000 CCTV by 2022 – Sanwo-Olu

In an attempt to deepen broadband penetration in the Nigeria’s economic capital, Lagos State, Mr Babajide Sanwo-Olu, governor of the state has assured that the state government is committed to deploying 6,000 kilometres of fibre optic cable across the state by 2022. The governor stated this on Thursday in his Goodwill message at National Dialogue on ICT and Telecommunication organised in Abuja by the Association of Telecommunications Companies of Nigeria (ATCON). He added that the government is also working to deploy minimum of 2,000 closed circuit television (CCTV) cameras across…

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FirstBank donates 20,000 e-learning devices to Lagos State

First Bank, e-learning, Lagos state Governor, Babajide Sanwo-Olu

 First Bank of Nigeria Limited has presented 20,000 units of e-learning devices to the Lagos State Government at the State House in Marina, Lagos. The devices, donated on Thursday are planned for distribution to school children in the state. With the gesture, Babajide Sanwo-Olu, the Lagos State Governor, said the state had found a “real development partner” in FirstBank, noting that the intervention came at a time the government was massively deploying technology to transform the conventional mode of teaching and learning. The presentation of these devices which is also…

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