Business

The Nigerian stock market closed on a positive note on Monday, as investors gained $3.169 trillion. The positive market performance was driven by renewed buying interest in banking and insurance stocks, while industrial, consumer goods and energy stocks also contributed significantly to the rally. The market capitalization increased by N3.169 trillion from N147.102 trillion to N150.271 trillion, an increase of …

Post views: 31 By Wakawaka Sports Nigeria’s senior men’s basketball team, the D’Tigers, have been drawn in a highly competitive Group E for the next stage of the FIBA ​​Basketball World Cup Africa Qualifiers, where they will face Cameroon, South Sudan, Cape Verde, Tunisia and Guinea. The draw sets the stage for an important qualifying window, with Nigeria opening …

The National Commission on Almajiri and Out-of-School Children’s Education has come under scrutiny after allocating $8.4 billion in the 2026 appropriations bill for road construction projects, a responsibility that critics say falls outside its statutory mandate. An analysis of the approved budget showed that the commission, established to address the out-of-school children crisis in Nigeria, has allocated billions of naira …

By Ayo Kehinde The Democratic Republic of Congo (DRC) is grappling with a worsening Ebola outbreak after authorities confirmed the death toll surpassed 500, raising fears of further spread in the region as neighboring Uganda continues to record related infections. The Congolese Ministry of Information announced Monday that the outbreak has so far resulted in 1,561 confirmed cases, including 506 …

Nigeria’s independent system operator said Nigeria lost more than ₦2.376 trillion due to network underutilization and capacity payments between 2015 and 2026. The Managing Director and Chief Executive Officer of NISO, Abdu Bello, disclosed this at the 11th Nigeria Energy Forum 2026 conference in Lagos. The theme of the conference was “Increasing added value for sustainable industrialisation”. Bello, represented by …

Post views: 19 The Senior Vice President of the Confederation of African Athletics (CAA), President of CAA Region 2 and President of the Athletics Federation of Nigeria (AFN), Chief Tonobok Okowa, has congratulated the junior athletes of the Nigerian team for their outstanding performances at the just concluded CAA Region 2 U-18/U-20 Athletics Championships in Dakar, Senegal. Chief Okowa …

Dangote Cement Plc has unveiled an ambitious sustainability roadmap, announcing plans to reduce its carbon emissions by 20% and expand its installed production capacity to 80 million tonnes per year by 2030 as part of efforts to strengthen its position as Africa’s leading cement producer. The company disclosed the objectives at its 17th Annual General Meeting held in Lagos, where …

By Ayo Kehinde President Bola Tinubu has reaffirmed his administration’s commitment to promoting inter-religious dialogue as a key strategy to address Nigeria’s security challenges, while extending a formal invitation to Pope Leo XIV to visit the country. The President made the declaration on Saturday, receiving at his residence in Abuja Monsignor Paul R. Gallagher, Secretary for Relations with States and …

The Minister of Public Works, Senator Dave Umahi, has blamed the flooding of the Lagos-Calabar Coastal Highway on the failure to implement a Lagos State flood master plan. Umahi also attributed the flooding to indiscriminate dumping of waste by residents of Lagos State. Umahi placed the blame during an inspection tour of section three of the Sokoto-Badagry Expressway on Sunday. …

Post views: 15 By Wakawaka Sports The South East Representative of the Nigeria Basketball Federation (NBBF), Chief Ugo Udezue, has congratulated the D’Tigers for their outstanding performance in the FIBA ​​Basketball World Cup Africa Qualifiers after the team completed a flawless qualification window with three wins from three matches. Nigeria sealed their campaign in emphatic fashion with a thumping …