Business

Rep Nawis: Nawis praises the role of supervision of NSC while Yusuf-Olukoju wins the elections on the AFN Board of Directors

Rep Nawis: Nawis praises the role of supervision of NSC while Yusuf-Olukoju wins the elections on the AFN Board of Directors Abuja (basic reporter) The National Association of Women in Sports (Nawis) praised the leadership role of the National Sports Commission (NSC) following the election of the former Nigerian athlete, Fatima Yusuf- Olukoju as Nawis representative on the board of …

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SEC warns the Nigerians for the alleged return of CBEX

Following a report on the return of Crypto Bridge Exchange (CBEX), the Securities and Exchange Commission (SEC) has warned the Nigerians not to transact with the platform, describing it as an illegal operator. In a statement on Wednesday, June 11, 2025, the Commission noted that the remaining platform was prohibited in Nigeria, SEC also informs the public investment that CBEX …

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Dangote Sugar, GSK lift equity market by 0.22%

The gains recorded in the stocks of Dangote Sugar Refinery Plc (25 per cent), Glaxo Smithkline Consumer Nigeria Plc (20.27 per cent) and Nigerian Breweries (16.44 per cent) drove the Nigerian Exchange Limited All-Share Index up by 0.22 per cent at the end of last week. This resulted in a gain of N77bn for investors as the market capitalisation stood …

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June 12: Bode George urges Tinubu to restore Fubara

The former national vice -president of the Democratic Party of people (PDP), the head of Olabode Ibiyinka George, appealed to the president Bola Tinubu, in the spirit of the anniversary of June 12, the governor Siminalayi smasher of the state of spinners.Fubara was suspended from Tinubu on March 18 due to political tension in the supporting state. Fubara and Tinubu …

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Nimba affected communities slam Sen. Twayen over AML agreement

Representatives of Nimba affected communities have rebuffed Sen. Nyan Twayen for what they described as unfortunate comments he made recently regarding the Arcelor Mittal Liberia Mineral Development Agreement (MDA). By: Emmanuel Wise Jipoh Capitol Hill, June 11, 2025: Speaking at a news conference on Wednesday, June 11, 2025, at Capitol Hill, the affected communities, through its Spokesperson, Prince Kehwalain, distanced …

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Philip Obaji Wins Knight International Journalism Award – Thage

The Nigerian journalist, Philip Obaji, was appointed one of the two winners of the Knight international journalism prize this year. Obaji, corresponding to the Daily Beast, is well known for the documentation of Russian atrocities in central and western Africa. César Batiz, an investigative journalist in exile who is the co-founder and director of the pioneering El Pitzo in Venezuela, …

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‘Unties’ – Nigeria refused a report on the collapse of the Aramco $ 5 billion loan agreement

The federal government has opened controversy about the record of a $ 5 billion loan agreement between Nigeria and Aramco, a Saudi State Oil Company. Ripples Nigeria reported that the record agreement was being threatened by a decrease in crude oil prices and decreased production. There are also concerns that developed regarding the reluctance of banks to bear the agreement. …

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AFN: the zonal elections in the south -est, north -ovest end in Abuja

AFN: the zonal elections in the south -est, north -ovest end in Abuja Abuja (Core reporter) The Federation of Athletics of Nigeria (Afn) has strengthened its Board of Directors following the completion of the South -East and North Zonal Elections -Western on Wednesday 11 June 2025, at the Media Center of the Moshood Abiola National Stadium, Abuja. Supervised by the …

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CBN Debunks Reports on BDC Recapitalization Time Limits

The Central Bank of Nigeria (CBN) has eliminated reports of reports on the extension of the deadline for the recapitalization of the Bureau de Change (BDC) operator until December 31. Acting Director of Corporate Communication CBN, Ny. Hakama Sidi, in a statement on Wednesday in Abuja, described the report as misleading and urged the Nigerians to ignore it. According to …

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