News
Video: Nigeria vs Egypt, see how Onuachu scored one of the fasted goals in history
Paul Onuachu scored one of the fastest goals in world football, as Nigeria beat Egypt 1-0 in an international friendly played on Tuesday in Asaba.
Articles by Sundiatapost Admin
News
Kaduna election results: APC wins Makarfi State Assembly seat
By Mohammed Lawal The Independent National Electoral Commission (INEC), has declared Aminu Ahmed of the All Progressive Congress (APC), winner of the Makarfi constituency seat in the Kaduna House of Aseembly. Declaring the result at […]
Politics
2019 Elections: Bwari council polls result inconclusive – Returning Officer
Prof. Wesley Nafarda, Bwari Council Elections Returning Officer, has declared the elections in the council inconclusive due to some hitches at some polling units. Nafarda Said this during the collation of results at Bwari on […]
News
Election result: APC wins 2 House of Assembly seats in Agege
By Stellamaris Ashinze and Folasade Adeniran The Independent National Electoral Commission (INEC) on Sunday declared candidates of the All Progressives Congress (APC) winners of the two house of assembly constituencies in Agege area of Lagos […]
News
Election result: PDP wins Idon ward in Kajuru LGA of Kaduna
By Stella kabruk Isa Ashiru of the Peoples Democratic Party (PDP) was on Sunday declared winner of the governorship election in Idon ward of Kajuru Local Government Area of Kaduna state. The Ward Collation Officer, […]
Politics
Election result: APC wins Abaji Chairmanship
By Gami TadanyigbeThe Independent National Electoral Commission (INEC), has declared the candidate of the All Progressives Congress (APC), Abdulraman Ajiya, as the winner of Abaji Area Council in Saturday’s chairmanship race. Prof. Simon Malaka, the […]
Top Stories
U.S. citizen leaks data on thousands in Singapore with HIV, government says
SINGAPORE (Reuters) – An HIV-positive American has leaked online the names of 14,200 Singaporeans and foreigners also diagnosed in the city-state with the human immunodeficiency virus, the Health Ministry said on Monday. U.S. citizen Mikhy […]
Foreign
Pope fears bloodshed in Venezuela, not taking sides for now
By Philip Pullella ABOARD THE PAPAL PLANE (Reuters) – Pope Francis said on Sunday he feared bloodshed in Venezuela but that it was premature for him to take sides because it could cause more damage. […]
News
Nigeria rejects foreign ‘meddling’ over chief justice suspended before February vote
By Felix Onuah ABUJA (Reuters) – The Nigerian government said it would not accept any foreign “meddling” after the European Union, United States and Britain raised concerns over last week’s suspension of Nigeria’s most senior […]
News
Police arraign 2 men for allegedly stealing a phone from mosque
The police has arraigned two men, Tijani Rasheed, 29 and Tosin Oluwafemi, 30, in an Ile-Ife Magistrates’ Court for allegedly stealing a cellphone from a mosque The prosecutor, Insp Emmanuel Abdullahi, told the court that […]
News
Desist from night journey-NEMA advises motorists
The National Emergency Management Agency (NEMA) has advised Nigerians to avoid traveling at night, especially during the yuletide, saying that night journey could put travelers in more danger, particularly accident. The Head of Imo/Abia operations […]
Foreign
German ex-nurse admits killing 100 patients in his care
An ex-nurse in Germany has admitted at the start of his trial that he murdered 100 patients, making him one of the world’s most prolific serial killers. Detectives say Niels Högel, 41, administered fatal doses […]
Business
Apple expected to unveil iPads with facial recognition
Apple Inc (AAPL.O) on Tuesday is expected to unveil updates to its Mac computers and iPads that include facial recognition features that have been available in the iPhone lineup at an event in Brooklyn. Analysts […]
Foreign
34 migrants drown in Mediterranean shipwreck, 26 survivors – UN
GENEVA – Some 34 migrants have died in a shipwreck in the western Mediterranean, which 26 people survived, the U.N. migration agency said on Tuesday, citing the Moroccan navy and a Spanish aid […]
Economy
Regulator says South Africa’s Eskom can recover $2.25 bln over four years
JOHANNESBURG – South African energy regulator NERSA on Tuesday gave power utility Eskom the go-head to recover 32.69 billion rand ($2.25 billion) of costs incurred over the past three years through higher tariffs over […]
Foreign
Libya’s Haftar still supports elections but sees others stalling
BENGHAZI, – Libyan commander Khalifa Haftar, a key figure in the future of the troubled North African country, still supports plans for national elections in December but says other players are not fulfilling their […]
Top Stories
Plateau: Gunmen kill Speaker’s driver, security personnel
Unidentified gunmen have killed Mr. Azi Magaji, head driver to the Plateau House of Assembly Speaker, and Mr. Edward Ankpa, a security personnel with the Jos University Teaching Hospital (JUTH) DSP Terna Tyopev, the Plateau […]
Economy
Analysts Predict Brighter Future for Nigeria’s REITs Market
By Nse Anthony-Uko (Sundiata Finance) — Real estate analysts have predicted a highly upbeat trend for Nigeria’s Real Estate Investment Trust (REITs) market in 2018 and beyond. Nigerian REITs market is underdeveloped with only three […]
Economy
UBA, Facebook Launches Leo, Chat Banking Platform
By Nse Anthony-Uko (Sundiata Finance) – United Bank of Africa (UBA), has launched an artificial intelligence (AI) banking which rides on social networks by offering seamless transactions for its customers through a collaboration with Facebook. […]
News
Premium Pension Boss Targets N1trn Pension Assets
By Nse Anthony-Uko (Sundiata Post) — The new managing director and chief executive officer of Premium Pension Limited(PPL), Mr. Umar Sanda Mairami is targeting to grow the pension assets base of the company from its […]
Banking
Union Bank To Deploy Fresh Capital To Business Areas In 2018
By Nse Anthony-Uko (Sundiata Finance) – Chief executive officer of Union Bank, Mr. Emeka Emuwa, has the bank would deploy fresh capital across identified business areas and it is expected to increase capacity to serve […]
Capital Market
Restructuring: 7-UP Major Owner Raises Offer Price To N125 Per Share
By Nse Anthony-Uko Seven-Up Bottling Company (7UP) announced that its majority shareholder, Affelka S.A, a privately-owned Lebanese firm, has revised the scheme consideration upward to N125 per share. It would be recalled that Seven-Up Bottling […]
News
BVN: Mortgage, Microfinance Banks’ Customers, Others Barred From Withdrawals
By Nse Anthony-Uko (Sundiata Finance) — The Central Bank of Nigeria (CBN) has directed Other Financial Institutions (OFIs) to place all accounts without Biometric Verification Number (BVN) on a ‘post no debit’ status. OFIs operators […]
Banking
Nigerian Stock Market Upbeat, Crosses 40,000 Points To 4-year High
By Nse Anthony-Uko (Sundiata Finance) – Nigerian stocks have rallied to their highest level since 2014, as the dust settles on a bruising economic recession that hammered company profits and share prices. The All Share […]
Banking
Diamond Bank Receives ISO/IEC 20000-1:2011 Certification On Infotech Security
By Nse Anthony-Uko (Sundiata Finance) – Diamond Bank has been awarded the ISO/IEC 20000-1:2011 certification by the British Standard Institute (BSI) Group. The certification, which was awarded after a rigorous process and systems audit by […]
Capital Market
Vitafoam To Pay N156.3m Dividend For 2017
By Nse Anthony-Uko (Sundiata Finance) — The board of directors of Vitafoam Nigeria Plc on Monday recommended a total dividend payout of N156.3 million to its shareholders for the financial year ended September 30, 2017. […]
Banking
CBN To Fine Banks N10,000 Per Week for Payment Infractions
By Nse Anthony-Uko (Sundiata Finance) – The Central Bank of Nigeria (CBN) has said banks that failed to comply with its payments system rules and regulations will be sanctioned N10,000 per week. The apex bank […]
Capital Market
Dangote Cement, Zenith, UBA, Diamond, GTBank, UACN, Flour Mills top Analysts 2018 Picks
(Sundiata Finance) – With optimism that stocks would extend the gains seen in 2017 in the New Year, analysts have identified stocks that could drive such a rally. The All Share Index was up 42 […]
Capital Market
Flourmills To Commences N39.9bn Rights Issue
By Nse Anthony-Uko (Sundiata Finance) – Flour Mills of Nigeria (FMN) Plc at the weekend said it would be raising an additional capital of N39.9 billion through its existing shareholders. Following the receipt of shareholders’ […]
News
Legacy Pension Restructures Amidst FCMB Takeover
By Nse Anthony-Uko (Sundiata Finance) – Following the recent acquisition of 60 per cent stake in Legacy Pension Managers by First City Monument Bank (FCMB) Group, bringing its interest in the company to 88 per […]
Banking
Fitch Forecast Lower Profitability For Nigerian Banks This Year
By Nse Anthony-Uko (Sundiata Finance) — Fitch, a global credit rating agency, has predicted negative outlook for Nigerian banks this year over continued fragility in the operating environment, stating that they may find it more […]
News
FMDQ Achieves N130trn Turnover In 11 Months
10 dealing members account for N93.36trn By Nse Anthony-Uko (Sundiata Finance) — FMDQ OTC Securities Exchange recorded a turnover of N130.17 trillion in the first 11 months of 2017. With average exchange rate of N317.24 […]
Banking
Fidelity Bank, Stanbic, FBN Holdings Emerge Best Performing Banking Stocks in 2017
By Nse Anthony-Uko (Sundiata Finance) — A Tier- II lender, Fidelity Bank Plc has emerged as best performing bank stock in 2017 on The Nigerian Stock Exchange (NSE) as it has rallied by 193 per […]
Capital Market
Nigeria’s NSE Gains 41.3%, Emerges World’s 3rd Best In 2017
By Nse Anthony-Uko (Sundiata Finance) – The Nigerian Stock Exchange (NSE) has emerged as the world third best performing stock market for 2017 among major global stock exchanges. Its 41.30 per cent year to date […]
News
NSE Lists FGN $300m Diaspora Bond, $3bn Eurobonds On Platform
FG restates commitment to reduce cost of debt By Nse Anthony-Uko (Sundiata Post) – The Nigerian Stock Exchange (NSE) has admitted the FGN 30 year $1.5 billion Euro Bond, FGN 10 year $1.5 billion Euro […]
News
ISTF Earmarks 100m Euro Support for Cotton in Cameroun
YAOUNDE, (Sundiata Finance) — The International Islamic Trade Finance Corporation (ITFC) (www.ITFC-IDB.org), a member of the Islamic Development Bank (IDB) Group (www.IsDB.org), signed a EUR 100 million syndicated agreement with the Government of Cameroon and […]
Capital Market
Dangote Sells $350m Stake In Cement Firm To Foreign Investor
(Sundiata Finance) – Dangote Cement on Monday sold 550 million shares worth $350 million at N225.7 each to the African Fun of a foreign investment company, in a one-stock market deal. The deal was between […]
Capital Market
Equities Market Loses N170bn
By Nse Anthony-Uko (Sundiata Finance) — The Nigerian Stock Excgange (NSE)equities market, Monday lost N170 billion, beginning the week in the red. In summary, the All Share Index (ASI) shed 478.12 absolute points, representing a […]
Banking
Banks Earn 64% of NSE 30 Profits In Q3
(Sundiata Finance) — Banks accounted for 64.2 per cent of NSE 30 Index’s profits earned in the first nine months of 2017 as the sector provides over 50 per cent liquidity on the exchange. Zenith […]
Banking
Bank Cheques To Clear Within Hours Soon
By Nse Anthony-Uko (Sundiata Finance) — Bank customers would soon be able to clear their cheques within hours thus paving the way for faster financial transactions within the country. Currently, bank cheques clear in 24 […]