Business

The police headquarters in Abuja arrested and detained the Socialite, Gail Fajemmbola, for alleged conversion and renting an apartment that was asked to temporarily occupy Banana Island, Lagos. According to reports, the aforementioned apartment is owned and managed by Olutoyl Summer Development and Services Limited.In a petition dated June 13, 2025 and addressed to the Police General Inspector (IGP), the …

The air and aerospace development minister, Festus Keyamo, described the new democratic alliance (ADA) as a joke that lacks political weight to disturb the party in power. He said it is not a coalition of political forces and cannot be considered a fusion. Keyamo made the observations in a post on his page X as he reacts to the move …

The Federal Competition and Consumer Protection Commission (FCCPC) has sealed the visa demand centers for France, Belgium and Italy in Abuja, for alleged violations of consumer rights and obstruction to investigations. Managed by the TLS contact at the Mukhtar El-Yakub House, the centers were closed after the company has not responded to a formal complaint letter issued by the FCCPC …

The Nigerian equity market experienced bullish momentum, gaining n1.74 trillion profits in a trade full week after the Eid al -Fitr holiday and Democracy Day. Although there are losses that record in the first two trading days a week, the market records profits in the remaining three trading sessions. Market capitalization increased to N74,533 from N72,788 trillion from N72,275 trillion …

Breaking: Fivers State Sole Administrator Presents N1.4 Trilion 2025 Budget in the Senate Abuja (basic reporter) The only administrator of the State of Rivers, Deputy Admiral IBOK-ETE EKWE IBAS (RTD) has just presented the 2025 budget of the state in the Senate Ad-Hoc Committee on-State Emergency Rule The budget thus presented is on the sum of N1.490Trilion. More details early …

The federal government has increased the alarm about the continuous level of trade among West African countries, mourning that although there are several decades of regional integration efforts, intra-African trade continues to misery below 10 percent. Speaking at the West African Economy Summit in Abuja on Friday, Minister of Industry, Trade and Investment, Dr. Jumoke Oduwole, describes a serious picture …

Very early on Wednesday 18 June 2025, I woke up with a message on some WhatsApp groups, saying that there would be no formal celebration of the 50th birthday of the immediate past governor of the state of Kogi, Yahaya Bello. He would prefer to prefer to mark him privately, in his residence of Abuja, since the day coincided with …

Despite the widespread institutional distrust and the bad satisfaction of life, Nigeria has emerged as one of the most hospitable nations in the world for strangers, classifying 7th globally in the relationship on world happiness of 2025. The report, published by the network of Sustainable Development Solutions of the United Nations in collaboration with the Wellbeing Research Center and Gallup …

By Victor Osula, Abuja The federal government reiterated its commitment to promote a stronger collaboration and mutual understanding between the Nigerian armed forces and the civilian population as part of the efforts to improve national security and unity. The Minister of Information and National Orientation, Mohammed Idris, gave the certainty to the opening ceremony of the conference of civil-military relations …

Nigeria’s equity market on Friday, closes weeks with N175 billion profits for investors. This follows the surge in stock prices such as Legend Internet (Legendint), Ellah Lakes PLC (ellahlakes) and Champions Breweries (Champions), among others, on the trading floor. The Benchmark All-Share Index (ASI) increased to 118,138.22 points from 117,861.13 points recorded on the previous day. After five hours of …