Significant financial strain is affecting several companies. Analysts are cautioning investors to consider more than just share price increases. A review of financial data reveals that multiple firms have accumulated losses, leading to negative funds.
These companies have recorded poor returns on investments. Their financial positions are weakened, with negative funds ranging from millions to billions.
Further details on the affected companies and their financial situations are available, including the specific amounts of negative funds and the names of the companies involved.
The Trade Union Congress, TUC, has suspended the industrial action it directed its affiliates to commence at Federal Unity Colleges over the proposed concession of King’s College, Lagos. The decision followed a meeting between the union, the Minister of Education, Dr Tunji Alausa...
Good morning! Here is today’s summary from Nigerian Newspapers : 1. Suspected Boko Haram terrorists have invaded Bitirhuya community in Hong Local Government Area of Adamawa State, killing four residents and setting many houses ablaze. The fresh attack came barely a week after th...
The list contains candidates from 21 political parties contesting the 109 seats in the Senate, Nigeria's highest legislative body. The post 2027: INEC clears Akpabio, Uzodimma, Oshiomhole, 1,300 others for Senate race (FULL LIST) appeared first on Premium Times Nigeria ....
The Benue State Government has described as malicious and false a publication circulating on social media alleging that Governor Hyacinth Alia’s administration has concluded plans to demolish the Secretariat of the Christian Association of Nigeria (CAN) in Makurdi. The state Comm...
The President of Dangote Group, Aliko Dangote’s fortune rose to $51 billion after Dangote Refinery’s Initial Public Offering, IPO, officially kicked off at the Nigerian Exchange Limited, NGX. This is according to Forbes data released on Monday. With the revaluation of Dangote’s f...
***Plans another refinery in Kenya ***IPO demonstrates capacity of Nigeria’s capital market to supaport businesses at global scale — NGX chairman By Peter Egwuatu Alhaji Aliko Dangote, President and Chief Executive Officer of Dangote Industries Limited, has said the Initial Publi...
The Trade Union Congress (TUC) has suspended the industrial action it earlier directed its affiliates to shut Federal Unity Colleges over the proposed concession of King’s College, Lagos. The TUC General Secretary, Mr Nuhu Toro, announced the suspension at the end of a meeting wi...
Kidnappers in Northern Nigeria are turning families’ pain into profit, creating a ransom economy where millions are paid in cash, motorcycles, and goods. Read More: https://punchng.com/ransom-economy-how-kidnappers-turn-northern-families-pain-into-profit/...
… 29% of global maternal deaths occur in Nigeria, says Minister By Chioma Obinna The Federal Government on Monday launched a new incentive programme targeting pregnant women in 172 Local Government Areas, LGAs, across 33 states as part of efforts to reduce Nigeria’s persistently ...
The Federal Government plans to activate 200 new telecom sites before December, part of a project to connect over 20 million Nigerians in unserved areas. Read More: https://punchng.com/fg-targets-200-new-telecom-sites-before-december-2/...
The Lagos State Government has asked NAHCON to permit state-run clinics in pilgrims’ hotels and increase its Hajj slots ahead of the 2027 pilgrimage. Read More: https://punchng.com/hajj-lagos-demands-hotel-clinics-more-pilgrims-slots/...
“Can Education Survive Attack: The Resilience of Human Communities” is the theme of this year’s International Day to Protect Education from Attack, marked on 9 September. This is very apt for Nigeria as schools reopen for the 2026/2027 session. For a country where children are ab...
