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BAD OMEN : Nigerian stock Exchange loses N150Billion as Buhari declares for second term

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7 years ago

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Activities opened on the Nigerian Stock Exchange (NSE) on Monday in the  negative as the market capitalisation lost N150 billion and volume depreciated by 42.82 per cent.

The News Agency of Nigeria (NAN) reports that amid losses by blue chips, the market capitalisation, which opened at N14.753 trillion, shed N150 billion or 1.02 per cent to close at N14.603 trillion.

Also, the All-Share Index dipped by 411.98 points or 1.01 per cent to close at 40,429.18 compared with 40,841.14 posted on Friday, April 6.

NAN reports that the market was weighed down by profit taking by some investors with major blue chips recording price losses.

Unilever recorded the highest loss to lead the losers’ table, shedding N4.80 to close at N55 per share.

Lafarge Africa trailed with a loss of N3.20 to close at N41 in spite of N1.50 final dividend declared for the financial year ended Dec. 31, 2017.

Dangote Cement shed N2.90 to close at N252, while Guinness depreciated by N1 to close at N103.

Dangote Flour also lost 65k to close at N13.15 per share.

Analysts attributed the development to sell-off and profit taking on high cap stocks that suffered losses after their share prices were adjusted for dividend declared and some companies that declared unimpressive earnings.

On the other hand, GlaxosmithKline led the gainers’ table during the day, growing by N10 to close at N30 per share.

Champion Breweries followed with a gain of 20k to close at N2.48, while Cement Company of Northern Nigeria also gained 20k to close at N18 per share.

Fidson Healthcare added 12k to close at N5.80, while Axa Mansard grew by 12k to close at N2.52 per share.

Similarly, the volume and value of shares traded dropped by 42.82 per cent and 15.38 per cent, respectively.

Consequently, investors bought and sold 287.04 million shares valued at N4.95 billion transacted in 4,285 deals.

This was in contrast with a turnover of 501.96 million shares worth N5.85 billion exchanged in 6,108 deals on Friday.

FBN Holdings was the most active in volume terms, accounting for 29.58 million shares worth N359.09 million.

Skye Bank followed with 23.12 million shares valued at N15.04 million, while FCMB Group traded 22.95 million shares worth N53.94 million.

Zenith International Bank sold 22.49 million shares valued at N606.94 million, while Nigerian Breweries exchanged 20.64 million shares worth N2.58 billion.

 

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Sahara weekly online is published by First Sahara weekly international. contact [email protected]

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LOGS INVESTMENT JOINS FORCES WITH MC RICHMAN TO BRING “SOUTH AFRICA LAUGHS” TO LIFE

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1 week ago

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August 12, 2025

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LOGS INVESTMENT JOINS FORCES WITH MC RICHMAN TO BRING “SOUTH AFRICA LAUGHS” TO LIFE

Johannesburg, South Africa — Luxury meets laughter this September as LOGS INVESTMENT, producers of the acclaimed Logs Wine and Logs Champagne, steps in as the official sponsor of South Africa Laughs with MC Richman – Jollof Meets Pap, happening Sunday, 28 September 2025, 4 PM, at Boskruin community center,Boskruin Randburg

Chief John Eriourolo aka Ogba Johnilla
CEO, LOGS INVESTMENT

A Comedy Night with a Continental Twist
Presented by Ehi Laffs Entertainment, this blockbuster comedy event promises a fusion of cultures, tastes, and unstoppable humour. Featuring a heavyweight line-up of comedic giants — including Edo Pikin, MC Casino, Acapella, Bongani Dube, Q Dube, Femi Large, Jexy 33, and Yemite — alongside the beats of DJ Swizz and DJ Maf, the night is set to be a cultural explosion where West Africa’s Jollof meets Southern Africa’s Pap.
LOGS Wine & Champagne — The Taste of Celebration
As the powerhouse brand behind the evening, LOGS INVESTMENTS is bringing its signature luxury touch to the experience. Guests can indulge in.
Behind every bottle of LOGS Wine and LOGS Champagne lies a story of passion, precision, and prestige. LOGS INVESTMENTS didn’t just enter the wine and champagne market — they set out to redefine it, creating beverages that are as memorable as the moments they mark.
The LOGS Wine Collection
Sweet Reds — Bold and full-bodied, with deep berry aromas, hints of spice, and a velvety smooth finish. Perfect with rich meats, aged cheeses, or enjoyed on its own by the fire.
Merlot— Crisp, refreshing, and perfectly balanced with floral notes and a touch of citrus, making them ideal for warm afternoons, seafood dinners, or celebratory toasts.
Nectar — Masterfully curated to bring out the best of each varietal, these blends are versatile, food-friendly, and sophisticated, appealing to both casual drinkers and connoisseurs.
LOGS Champagne
A celebration in every sip, LOGS Champagne is distinguished by:
Fine, Persistent Bubbles that dance on the palate.
Complex Aromas of citrus, white flowers, and subtle brioche, reflecting careful aging and expert blending.
Luxurious Finish that lingers, leaving a refined, satisfying impression.
The Brand Philosophy
LOGS doesn’t just sell wine and champagne — it sells an experience. Every label, every cork pop, every pour is designed to elevate life’s special moments. Whether it’s an intimate dinner, a grand wedding, a high-profile corporate gala, or a night of world-class comedy like South Africa Laughs 2025, LOGS ensures the drink in your hand matches the moment in your heart.
The partnership ensures that laughter won’t be the only thing guests are enjoying — every punchline will be paired with world-class taste.
VIP and VVIP Experience
For those looking to elevate the evening, the VVIP package includes premium seating, water and wine service, and access to the exclusive LOGS-hosted lounge. Table-for-5 packages come with complimentary drinks and chops, making it ideal for friends or corporate groups seeking a stylish night out.
Event Details at a Glance
📅 Date: Sunday, 28 September 2025
🕓 Time: 4:00 PM
📍 Venue: Boskrain Community Centre, Kelly Avenue, Boskrain, Randburg, Johannesburg
🎟 Tickets:
VVIP (with water & wine) — R1,000
Regular — R500
Table for 5 (with complimentary drinks & chops) — R10,000
📞 Enquiries & Sponsorship: +27 837653407
With laughter on stage, music in the air, and the sparkle of Logs Champagne in every toast, South Africa Laughs with MC Richman 2025 is set to be a night Johannesburg will never forget.
Follow the conversation:
#OfficialSponsor #LaughterUnlocked #LogsWine #LogsChampagne #SouthAfricaLaughs2025 #JohannesburgEvents #JollofMeetsPap

LOGS INVESTMENTS JOINS FORCES WITH MC RICHMAN TO BRING “SOUTH AFRICA LAUGHS” TO LIFE

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Breaking Free from Curses: A Prophetic Exposé by Prophet Joshua Iginla in South Africa

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3 weeks ago

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July 29, 2025

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Breaking Free from Curses: A Prophetic Exposé by Prophet Joshua Iginla in South Africa

At the heart of the Harvest of Miracle Conference (Day 3) held in South Africa, Prophet Joshua Iginla delivered a stirring and spiritually electrifying sermon titled “How to Break Out of Curses.” The prophetic encounter was not just a sermon—it was a divine unveiling of keys to personal liberation from long-standing ancestral, parental, and self-inflicted curses. With biblical precision and revelatory depth, Prophet Iginla laid out spiritual principles to break the chains of bondage and restore destinies.
Below is a deep dive into the central truths he delivered:
1. Apply the Hammer of the Word of God
Key Scripture: Hebrews 4:12; John 1:1-4
Prophet Iginla began by emphasizing the irreplaceable role of God’s Word as a weapon of liberation. Quoting Hebrews 4:12, he described the Word as a living and powerful sword—a divine hammer capable of smashing generational curses into irrelevance. According to him, the Word is not passive; it actively pierces, dissects, and reconstructs destinies.
“The Word of God is God Himself translated into language. You can’t carry the life of God and be subdued by curses,” he declared.
He challenged believers to incubate themselves in the Word until the Word becomes flesh in their lives (John 1:1–4). Whether the curse was deserved or unjust, the Word—if engaged properly—will hammer it into pieces.
Takeaway: To break out of curses, soak your life daily in the Scriptures. Recite it, meditate on it, declare it—let the Word do spiritual surgery.
 2. Engage the Force of Prayer
Key Scripture: Luke 18:1
Prophet Iginla likened prayer to spiritual artillery that disarms curses operating in secrecy or in public. Curses thrive in silence; prayer destroys their breeding ground.
“You can’t pray and remain cursed. A man of prayer is a man of power,” he said.
He reminded the audience of Jesus’ parable on the necessity of continual prayer (Luke 18:1), underscoring that persistent, violent, faith-driven prayer dismantles spiritual verdicts issued against a person’s lineage.
Takeaway: Don’t just pray occasionally—make prayer a lifestyle. Curses retreat when a person dwells in the atmosphere of divine communication.
Breaking Free from Curses: A Prophetic Exposé by Prophet Joshua Iginla in South Africa
 3. Walk in Forgiveness
Key Scripture: Matthew 6:14–15
One of the most heartfelt moments in the message came as Prophet Iginla addressed the poison of unforgiveness. Whether you are seeking forgiveness or granting it, bitterness is a spiritual magnet for curses.
“Forgiveness is not just for them; it’s your jailbreak,” he warned.
He explained that unforgiveness delays divine intervention. When you forgive, you align with God’s mercy—activating divine pardon and freedom from curse-based consequences.
Takeaway: Forgive swiftly. Harboring offense is like nurturing your own prison. Mercy flows where forgiveness is present.
4. Understand and Undo Parental Curses
Key Scripture: Ephesians 6:2–4
Moving into deeper waters, Prophet Iginla highlighted that parental curses—especially those spoken by biological or spiritual parents—are some of the most potent and dangerous forms of curses.
“A prophet can pray for you, but if your parent cursed you, go back and make peace,” he admonished.
He addressed children who have turned against their parents due to offenses, urging them to seek reconciliation. According to him, honor unlocks destiny, and dishonor invites spiritual blockage. Even imperfect parents deserve respect—not necessarily because of their actions, but because of their divine position.
Takeaway: Don’t trade your future for the satisfaction of revenge. Reconcile with your parents. That act alone may cancel years of spiritual delay.
Avoid Being a Curse to Yourself
Not all curses come from external forces—some are self-inflicted, Prophet Iginla revealed. People who engage in destructive behaviors, dishonor their spiritual lineage, or handle their lives carelessly often curse themselves unknowingly.
 “When you disconnect from those assigned to help your destiny, you plug into frustration,” he stated.
He warned spiritual sons and daughters to never dishonor their spiritual covering, as doing so cuts them off from prophetic blessings. Likewise, believers who self-sabotage through sin, fear, and laziness must repent and align themselves with divine purpose.
Takeaway: Examine yourself. Are you living in a way that invites curses? Shift today.
As he concluded, Prophet Joshua Iginla released a thunderous prayer:
 “I break to pieces every chain of curses released to tie and frustrate your destiny. Any blanket of curses covering your future is removed. In Jesus’ mighty name!”
The atmosphere was charged, and many in the auditorium experienced instant breakthroughs, with testimonies of curses being broken and destinies realigned.
Final Thoughts
Curses are real, but they are not permanent. In this powerful session, Prophet Joshua Iginla made it clear: You don’t break curses through emotion or logic—you break them through divine strategy. Engage the Word, persist in prayer, walk in forgiveness, honor your roots, and live wisely.
The chains will break. The curse will be reversed. And your life will reflect the blessing of the Lord that makes rich and adds no sorrow.
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Soulmate Hotels & Suites Refutes False Claims, Reaffirms Commitment to Guest Safety

Published

4 weeks ago

on

July 24, 2025

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Soulmate Hotels & Suites Refutes False Claims, Reaffirms Commitment to Guest Safety

 

Soulmate Hotels & Suites, located at 50 Olayiwola Street, Abule Egba, wishes to categorically dismiss recent allegations claiming the premises harbor criminal elements, including cultists, who target patrons. These claims are unsubstantiated and appear to be motivated by malice or misunderstanding.

Our hotel maintains a full-time security presence on-site, including a dedicated Mobile Police (MOPOL) base. We are open 24 hours a day, with professionally trained personnel managing all guest ingress and egress. No official incident report or credible evidence supports the claims circulating in the media or on social platforms.

As a premier hospitality provider in Lagos, we continuously host a diverse range of guests—from high-profile dignitaries and executives to local residents—who use our rooftop lounge, pool, spa, indoor club, and conference facilities. These spaces are secured, monitored, and maintained to international standards, ensuring both comfort and safety.

Independent travel platforms and visitor reviews confirm that Soulmate Hotels & Suites offers secure, clean, and well-equipped accommodations. Our amenities include free private parking, uninterrupted power and Wi-Fi supply, spa and fitness facilities, an indoor/outdoor pool, and a versatile event space. While testimonials reflect positive guest experiences and no reports of criminal activity or neglect, there has been zero mention of cultism or dangerous loitering around the premises.

We invite guests and media alike to experience the hotel firsthand. Our front office remains available round‑the‑clock to verify any claims and provide clarity. We encourage anyone with security concerns to review our incident logs, which have consistently shown no substantiated reports of cult or gang activity.

We remain fully committed to providing a secure, hospitable environment, and to transparency in engaging with Lagos residents, guests, and the broader public.

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