Business

NGX ROUNDUP: Market capitalization jumps by N8.6tr as equities boom

Investors gained N8.6 trillion as equity market capitalization soared in the just ended trading week. The market strengthened in all five trading sessions. The market value increased to N139.8 trillion from N131.1 trillion recorded last week while the All-Share Index (ASI) appreciated by 6.57% closing the week at 217,167.57 points up from 203,770.43 points recorded the previous week. The Nigerian …

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Fake senatorial list: Abiodun aide Doregos distances himself, blames social media impostor

… Requests police intervention for an identity theft charge A Senior Special Assistant to the Ogun State Governor on Housing, Oluwatobi Doregos, has disavowed a viral social media post allegedly circulating a list of senatorial candidates for the All Progressives Congress (APC) in Ogun State, insisting that the publication was false and unauthorized by him. The controversial post allegedly congratulated …

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ASSEP: Gombe, Bauchi praises Vice President Shettima for training and equipping teachers on digital literacy – THISAGE

By Salihu Pirkusu, Maiduguri The Gombe and Bauchi state governments have commended the office of the Vice President, Senator Kashim Shettima, through the North East Development Commission (NEDC) for organizing training for Science, Technology, Mathematics and Agriculture (STEMA) teachers in senior secondary schools in the North East sub-region to acquire digital and technical skills in teaching methodology for students. The …

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UN welcomes reopening of Strait of Hormuz in Middle East ceasefire

The United Nations has welcomed Iran’s decision to reopen the Strait of Hormuz to commercial shipping, describing it as a positive development in the context of ongoing ceasefire efforts in the Middle East. UN Secretary General António Guterres, through his spokesman Stéphane Dujarric, said the initiative could help reduce tensions and restore stability in the region. The UN reiterated its …

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NFF: There is no going back in supporting referees for excellence

Post views: 31 …calls for system reforms in line with modern trends The Nigeria Football Federation, NFF, has revealed that it will stop at nothing to ensure that a perfect system is put in place for referees to excel. The President of the Federation, Alhaji Ibrahim Mohammed Gusau, made this known when the leadership of the Nigeria Football Referees …

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Lagos, Ogun, four southwestern states underfund education in 2026 budgets

….Lagos records the lowest allocation toAt 5.3% …None of the six states meet the 26% allocation goal. … The growing impact on schools and learning is worrying Daud Olatunji All six Southwestern states failed to meet the recommended benchmark for education funding in their 2026 budgets, raising new concerns about the region’s commitment to the sector. An analysis of the …

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Iran Declares Strait of Hormuz Fully Open – THIS UPDATE

Global diplomatic tensions showed signs of easing on Friday after Iran announced it was opening the Strait of Hormuz to commercial shipping, a move echoed by US President Donald Trump amid a fragile 10-day ceasefire in Lebanon. Iranian Foreign Minister Abbas Araghchi said in a post on He added that the ships will operate along coordinated sea routes previously outlined …

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FCCPC denied reports of a ban on airtime lending and data advances

The Federal Competition and Consumer Protection Commission (FCCPC) has dismissed reports of a ban on airtime lending and data advancement services in the country. FCCPC said in a statement issued on Friday in Abuja, FCCPC Director Corporate Affairs, Mr. Ondaje Ijagwu, said no directive has been issued to prevent consumers from accessing legitimate telecommunication value added services. He was reacting …

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Saraki to Kwara Governor: You never completed secondary school, your level of education affects your judgement

*Files a robbery case against me, a desperate ploy of a drowning politician Former Senate President, Abubakar Bukola Saraki, has described as a “desperate ploy by a drowning politician” the move by Kwara State governor, Abdulrahman Abdulrazaq, to ​​initiate a criminal culpability case against him over the 2018 Offa robbery incident “about which I know nothing”. While describing the criminal …

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MARKAN FC leads the development of youth football in Imo

Post views: 88 By Silvernews MARKAN FC/FA, a football club based in Imo State and owned by Obiukwu Macanthony, has continued to make strides in the development of youth football, positioning itself as one of the emerging talent hubs in Nigeria. Founded in 2010, the club has grown in reputation for discovering and developing young players, with many of …

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