Business

The Nigerian equity market on Wednesday recovered from a two -day -day -old defeat because investors received N1.18 trillion at the close of trading that day. This follows the surge in stock prices such as NEM Insurance Company, Beta Glass PLC and Seplat Petroleum Development Company, among others, on the trading floor. The Benchmark All-Share Index (ASI) increased to 116,786.87 …

Zenith Bank Plc, the largest Nigeria Bank for Level-1 capital, has assured the shareholders and investors of its readiness to satisfy all the relevant conditions to get out of the Central Bank of Nigeria (CBN) of regulatory tolerance by 30 June 2025. The bank also expressed the trust in meeting the expectations of shareholders’ dividends in the exercise of 2025. …

Gov Otu is restoring Cross River State Lost Glory Says Hon Ekpang By Raphael Ekpang Abuja (basic reporter) “The administration of Senator Prince Otu, the executive governor of Cross River State, in the last two years has inherited a state of which he has been laughed and of which he spoke in a negative light. But today the story is …

The Minister of Housing and Urban Development, Ahmed Musa Dangiwa on Wednesday inaugurated the expanded ministerial task team on the collapse of building in Nigeria. The task team that was expanded, according to a statement issued by the Director of the Press and Public Relations from the Ministry of Housing and City Development, the Haiba Badamasi, consisted of representatives of …

Three levels of government on Wednesday shared the number of N1.66 trillion as an income allocation for May. Director of Press and Public Relations, General Federation Accounting Firm, Mr. Bring Mokwa, revealed this in the communication issued at the end of the meeting of the Federation Account Allocation Committee (FAAC) in Abuja. According to Communike, N1,659 trillion total income that …

President Bola Tinubu directed the police inspector, Kayode Egbetokun, and the head of the defense staff, Christopher Musa, to immediately arrest the assassin shepherds who perpetrated the atrocious killing of over 100 people in the Yelewata community in the state of Benue. Tinubu President Tinubu held the directive as he turned to the interested parties at the government chamber, Makurdi. …

The CEO of Nigerian Consumer Credit Corporation (Credicorp), Uzoma Nwagba revealed that the company was established to improve the quality of life, the Stom corruption and the catalization of industry. Contacting the correspondents of the State House during the meeting with the press event, organized by the presidential media team in Abuja, Nwagba encouraged the Nigerians to embrace credit systems, …

By Barth Ikiebe The police commissioner, the FCT command, Ajao Adrewale, ordered an in -depth and discreet investigation on the death of a young woman in a hotel room in Gwarimpa. This, according to a declaration of SP Josephine Adeh, spokesman for the FCT command, is to reveal the circumstances of death. The declaration states: “The preliminary investigation reveals that …

Nigeria moves to evacuate citizens from Isreal, Iran Abuja (basic reporter) The Federal Government of Nigeria through the Ministry of Foreign Affairs has announced its plans for the emergency evacuation of the Nigerians blocked in Isreal and Iran. This was contained in a press declaration issued on Tuesday 17 June by the Ministry spokesperson, Kimiebi IMOMOTIMI Ebienfa The declaration said: …

The commission for the regulation of oil in Monte Nigeriano (NUPRC) has announced the release of new guidelines for the advanced load declaration regime, a move aimed at improving transparency, responsibility and efficiency in exports of crude oil and oil of Nigeria.The guidelines, released pursuant to the regulation on the declaration of the load upstream of the oil in Monte …