Business

Tankers’ reports that Iranian gunboats fired at it show that the Iranian military declared the Strait of Hormuz closed again on Saturday, just hours after reopening it. This latest development has cast doubt on US President Donald Trump’s optimism that a peace deal to end the war in the Middle East was “very close”. Iranian gunboats fired on an oil …

Alhaji Ibrahim Galadima, former president of the Nigeria Football Federation (NFA), died on Saturday after a long illness.His death was confirmed by former NFA Secretary General, Sani Ahmed Toro. Galadima was a prominent figure in Nigerian sports administration, having led the NFA before it was restructured into the Nigeria Football Federation (NFF).He was also chairman of the Kano State Sports …

The Egba Economic Summit called for closer monitoring of budget implementation and renewed cultural and economic initiatives to accelerate development in Egbaland. The resolutions were reached at the group’s Q2 2026 general meeting, held on Saturday in Abeokuta, Ogun State. The meeting, chaired by the Summit President, Dr. Gbenga Adeoye, took place at a private venue in Ibara GRA and …

Minister of Finance and Coordinating Minister for the Economy, Wale Edun, said on Saturday that the reforms initiated by the current administration are long-term, self-sustaining, and aimed at transitioning Nigeria from economic viability to growth. Edun conveyed this in a press conference at the ongoing World Bank and International Monetary Fund (IMF) Spring Meetings in Washington, DC. He pointed out …

By Joseph Amedu, Lokoja The Kogi Police Command, under the leadership of CP Naziru Bello Kankarofi, has disclosed that the command is fully aware of the kidnapping incident which occurred on April 13, 2026, at about 8.30pm along Ayere-Kabba road, Kabba/Bunu Local Government Area. Spokesman of the command, ASP Saliu Afusat, said in Lokoja at the weekend, Preliminary investigations reveal …

The Nigerian Exchange Group (NGX Group) has highlighted the importance of balanced regulation and stakeholder collaboration to support the growth of digital asset trading and investment in Nigeria. Speaking at the 2026 Investment Advisors and Portfolio Managers Conference in Lagos, NGX Chairman, Umaru Kwairanga, highlighted the need to create a stable and forward-looking regulatory environment for emerging financial technologies. The …

Post views: 179 By Silvernews Former president of the Sports Writers Association of Nigeria (SWAN), chief fan Ndubuoke, has said the country’s football authorities are deliberately working against the success of Emmanuel Amunike, warning that vested interests could deny the former international a fair chance to thrive as a coach in the country. Ndubuoke made the remarks during a …

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 …

… 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 …

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 …