Business

Investors earned N1.1 trillion as equity markets continued to boom. The market strengthened in three of the five trading sessions. The market value increased to N157 trillion from N155.9 trillion recorded last week, while the All-Share Index (ASI) appreciated by 0.71% to close the week at 244,775.83 points, up from 242,277.81 points recorded in the previous week. The Nigerian equity …

By Victor Osula, Abuja The All Progressives Congress (APC) has set up high-powered screening committees for gubernatorial aspirants and incumbent governors seeking re-election or aspiring for Senate seats ahead of the party’s upcoming primary elections. The committee for incumbent governors and those aspiring for a seat in the Senate will be chaired by the National Chairman of the APC, Prof. …

Rano Air, on Friday, announced a temporary suspension of some of its routes due to unprecedented increase in the cost of Jet Al (aviation fuel). The airline’s management announced this on Friday via a post on X. The airline noted that the operational costs of supporting some of its routes had become extremely challenging and commercially unsustainable. Management said the …

Post views: 210 By Silvernews Egbu residents and friends of Mr Celestine Ogu gathered on Sunday to celebrate his promotion to the rank of Assistant Superintendent of Police (ASP). The colorful celebration, held at the community’s popular neighborhood corner meeting point, attracted friends, brothers and well-wishers from different walks of life, who gathered to honor the officer for his …

Today, with immense joy and deep admiration, I will celebrate an extraordinary personality, an outstanding police officer, a reliable colleague and a truly humble gentleman, Deputy Superintendent of Police Emmanuel Opeyemi Oluborode, the Deputy Police Public Relations Officer, Ogun State Command and the Officer in Charge of the Complaints Response Unit (CRU). On this special occasion of your birthday, I …

…promises to ensure Tinubu’s re-election The Progressive Governors Forum (PGF) has passed a vote of implicit confidence in its Chairman, Senator Hope Uzodimma and his Deputy, Governor Uba Sani. The vote of confidence, expressed during a closed-door meeting of governors in Abuja, was reiterated at a press conference held later. Kebbi State Governor, Nasir Idris, made the motion and was …

Investors in the Nigerian equity market earned N3.1 trillion at the close of trading on Friday. This follows a surge in the prices of shares such as Neimeth, Cadbury and Living Trust, among others, on the stock exchange floor. The benchmark All-Share Index (ASI) index increased to 244,670.65 points from 239,734.61 points the previous day. After five hours of trading …

FirstHoldCo Plc says its gross profits increased 6.9% to 3.4 trillion naira for the year ended December 31, 2025. The figure, when compared to $3.2 trillion in 2024, was driven by strong core banking operations and a diversified revenue base. The group, in a statement on Friday, made this known as contained in its audited financial results for the year …

Post views: 35 By Silvernews The Sports Writers Association of Nigeria (SWAN), Imo State Chapter, will hold a capacity building workshop aimed at strengthening the ethical and professional use of Artificial Intelligence in the practice of sports journalism.The training, themed “Ethics and Professionalism in the Era of Generative Artificial Intelligence”, will take place on Tuesday, May 12, 2026 at …

The Sultan of Sokoto and President General of the Nigerian Supreme Council for Islamic Affairs, Alhaji Muhammad Sa’ad Abubakar, has said that individuals who kill innocent people in the name of Islam, including suicide bombers shouting “Allahu Akbar”, are destined for hell. The monarch made this assertion on Wednesday in Abuja at the first 2026 triennial meeting of the Nigerian …