Business

Investors in the Nigerian equity market earned N697 billion at the close of trading on Friday. This follows a surge in the prices of shares such as Trans Express, International Breweries and Chams Plc, among others, on the stock exchange floor. The benchmark All-Share Index (ASI) index increased to 203,770.42 points from 202,672.56 points on the previous trading day. After …

The Independent National Electoral Commission (INEC) has reaffirmed its commitment to neutrality and institutional integrity, declaring that its president, Prof. Joash Amupitan, does not operate any personal accounts on social media platform X and has no connection to a viral post attributed to him. The Commission’s clarification follows the release of a tweet allegedly linked to the INEC chairman, in …

Yekepa, Nimba County (April 9, 2026) — ArcelorMittal Liberia (AML) has confirmed it is aware of the arrest of a contractor associated with its operations following an alleged criminal incident in Ganta, Nimba County. In a statement issued on Tuesday, the company reaffirmed its zero‑tolerance policy toward any conduct that violates Liberian law, stressing that allegations of this nature are …

President Bola Tinubu, on Friday, inaugurated 60 megawatt gas turbine plants in Elebele, Ogbia Local Government Area of ​​Bayelsa State. The President also inaugurated other projects implemented by the Governor Douye Diri-led administration such as the 630 meter Angiama-Oporoma Bridge, Sagbama/Ekeremor Road and 2.9km Dual Carriageway in Yenagoa. Speaking at a stakeholders meeting held at Government House in Bayelsa, Tinubu …

President Bola Ahmed Tinubu held a closed-door meeting with Oyo State All Progressives Congress chief Teslim Folarin on Thursday evening in what observers describe as an early sign of political realignment ahead of the 2027 governorship election.. The meeting, which took place at the Ikoyi presidential residence in Lagos, was confirmed by Folarin via his verified social media accounts, although …

By Ayo Kehinde According to the World Bank, Nigeria’s poverty rate rose to 63% in 2025, despite a notable slowdown in inflation, underscoring the limited impact of macroeconomic improvements on household well-being. The data was published in the Nigeria Development Update (April 2026) titled “Nigeria’s Tomorrow Must Start Today: The Case for Early Childhood Development”, published in Abuja. The report …

After becoming the first humans in more than 50 years to fly around the Moon, the four Artemis II astronauts face the last great challenge of their mission as they return to Earth. “I’ve actually been thinking about entry since April 3, 2023, when we were assigned to this mission,” U.S. astronaut Victor Glover said when asked how he felt …

Nigeria’s Lassa fever death toll has risen to 167, even as the number of new confirmed cases fell sharply in the last reporting week, according to the Nigerian Center for Disease Control and Prevention (NCDC). The agency revealed this in its epidemiological report for week 13, March 23 to 29, 2026, noting that confirmed infections dropped to 26 from 51 …

The Central Bank of Nigeria (CBN) has dismissed recent false rumors about the introduction of the ₦5,000 note featuring President Bola Tinubu. The apex bank also dismissed claims that Polaris Bank was undergoing liquidation. The Apex Bank clarified that both reports were fake and urged Nigerians to rely only on official communications. Earlier on Thursday, a viral image of a …

The International Monetary Fund (IMF) is set to cut its global growth forecast, citing the economic fallout from the ongoing conflict in the Middle East, despite a fragile ceasefire. International Monetary Fund managing director Kristalina Georgieva warned that the “scarring effects” of war will weigh heavily on economies, with rising energy costs, damaged infrastructure and disrupted supply chains undermining prospects …