Business

Jubilation in Benue as APC re-elects Agada state president …NASS Caucus supports move, rallies behind Tinubu The report states that the original structure of the All Progressives Congress (APC) in Benue State, on Tuesday, returned comrade Austin Agada as the state president, for another four-year term. The Congress, which was attended by numerous APC stakeholders across the 23 local government …

Nigerians have shown their appreciation and lauded the foresight of the Chairman/CEO of Dangote Industries Limited, Aliko Dangote, for being ingenious in establishing the largest rail refinery in the world. This is due to the escalation of the conflict involving the United States, Israel and Iran, which has sent shockwaves through global oil markets, pushing crude prices sharply higher and …

President Bola Tinubu has nominated a member of his economic team, Mr Taiwo Oyedele as Minister of State for Finance. Oyedele will replace Dr. Doris Uzoka-Anite, who has been transferred to the Ministry of Budget and National Planning as Minister of State, her third portfolio in government. The Special Adviser on Information and Strategy to the President, Mr Bayo Onanuga, …

Post views: 18 It was a joyous moment yesterday when veteran and one of the best football administrators in Nigeria, Dominic Iorfa, the General Manager of Barau FC, celebrated the victory against Plateau United yesterday by breaking his fast with his boss and Vice President of the Senate, Jubril Barau. The Vice President of …

$2.5 billion swap will expand to $10 billion for smoother trading … A move is expected to reduce demand for the US dollar Daud Olatunji The federal government is in advanced talks with China to expand the existing Naira-Yuan currency swap from $2.5 billion to $10 billion, a move aimed at easing pressure on the US dollar, stabilizing the naira …

By Ayo Kehinde The International Atomic Energy Agency (IAEA) said Iran is not building nuclear weapons, but warned that the country’s enrichment of uranium to 60% purity remains a serious concern for the international community. The agency’s director general, Rafael Grossi, revealed that inspectors found no evidence of “a systematic and structured program to manufacture nuclear weapons” in Iran, despite …

Clerk Ogunlana Launches Cutting-Edge Newsroom in NASS, Signaling New Era of Institutional Reform By Raphael Ekpang Nigeria’s National Assembly has commissioned an ultra-modern newsroom as part of ongoing efforts to strengthen transparency, improve institutional efficiency and modernize legislative communication. Speaking at the commissioning ceremony on Tuesday, the Clerk of the National Assembly, Barrister Kamoru Ogunlana, described the facility as more …

The equity market continued to recover as investors gained N710 billion at the end of trading on Tuesday. This follows a surge in share prices, including shares such as Sunu Assurance, UACN and Oando on the stock exchange floor. The benchmark All-Share Index (ASI) index increased to 196,621.96 points from 195,514.23 points on the previous trading day. After five hours …

A major interest group within the African Democratic Congress (ADC), known as ADC Grassroots Mobilization for Change (AGMC), has condemned the violent attack on some party leaders during a meeting in Edo State on Sunday. In a statement released Tuesday by its communications director, Andrew Iguebor, the group described the incident as a dangerous escalation of political intolerance that poses …

The Nigerian Communications Commission (NCC) has mandated telecommunications companies to issue a minimum 14-day notice before deactivating inactive SIM cards. This development is aimed at strengthening consumer protection and fraud prevention in the telecommunications sector. The move is part of a broader regulatory review related to the planned rollout of the Telecom Identity Risk Management System (TIRMS), a new cross-sector …