AGS Community News
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Business
Nigerian banks Non-Performing Loans ratio jump to 6.3%
The Non-Performing Loans (NPL) ratio of commercial banks in Nigeria jumped to 6.3% for the month of February 2020, according to data from the Central Bank of Nigeria. Read more…
AfDB commits $600,000 into Abuja IDC
The Small & Medium Enterprises Development Agency of Nigeria (SMEDAN) has revealed that the African Development Bank (AfDB) has spent $600,000 on the establishment, read more…
Suez blockage is holding up $9.6bn of goods a day
The stranded Ever Given mega-container ship in the Suez Canal is holding up an estimated $9.6bn (£7bn) of goods each day, according to shipping data.
This works out at $400m an hour in trade along the waterway which is a vital passageway between east and west. Read more…
Petrol price hike imminent as NNPC declares N120bn subsidy unsustainable
The Group General Manager, Nigerian National Petroleum Corporation, Mele Kyari, on Thursday said the Federal Government subsidises Premium Motor Spirit with about N120bn ($263.25m) monthly. Read more…
CBN disburses N123.3 billion to DisCos to procure meters, others
CBN disbursed N33.45 billion to 9 DisCos to procure 605,852 meters and N89.89 billion under the NEMSF to 11 DisCos. Read more…
Over 600 export cargoes awaiting access to ports
The Nigerian Ports Authority (NPA) yesterday attributed its decision to temporarily suspend all export receipts at the Lagos Ports Complex and the Tin Can Island Port till April 5, 2021, read more…
Bitcoin Plunge Erases $100 Billion In 24 Hours–Here’s How Long The ‘Bloodbath’ Could Last
Despite still-booming institutional adoption, the price of the world's largest cryptocurrency is tanking Thursday morning as analysts warn of massive volatility on the horizon, pushing bitcoin's losses to nearly 15%…. Read more…
Rainfall: FG approves N600 billion for food production
The FG has released the sum of N600 billion for food production across the country in anticipation of heavy floods. Read more…
Social
New Zealand Deputy PM slams Adesanya over comments
UFC star Israel Adesanya has been slammed by New Zealand’s deputy prime minister for making ‘flippant comments’ about rape after sending a grim taunt to a rival fighter. Read more…
Charles Okpaleke & Ramsey Nouah set to produce a Jaja of Opobo biopic,
The biopic will reportedly take on an authentic perspective of the slave boy who rose to become one of the most revered monarchs in history. Read more…
IllBliss presents trailer for 'The Hero's Walk' (The Igbo Apprenticeship System) documentary
The rapper shared the documentary's official trailer via his social media handles on Thursday, March 25. He captioned his Twitter post: "Proud to present the trailer for an amazing and well told documentary. Read more…
UFC champion Israel Adesanya apologises for rape comment
UFC middleweight champion Israel Adesanya has apologised after he saying he would “rape” fellow fighter Kevin Holland on social media. Read more…
AGS Quote of the Day
"People who succeed have momentum. The more they succeed, the more they want to succeed, and the more they find a way to succeed. Similarly, when someone is failing, the tendency is to get on a downward spiral that can even become a self-fulfilling prophecy."
Tony Robbins