Business

Investors in the Nigerian equity market earned N541 billion at the close of trading on Thursday. This follows a surge in the prices of shares such as Presco, UACN, and Morison, among others, on the stock exchange floor. The benchmark All-Share Index (ASI) index increased to 196,908.76 point of 125,857.53 points recorded on the previous trading day. After five hours …

Troops neutralize over 20 terrorists and foil coordinated attacks in Yobe Troops of the Joint Task Force (North-East), deployed in Goniri, OPHK Sector 2, have successfully foiled coordinated attacks launched by ISWAP terrorists on their position in Goniri, Yobe State, killing over 20 terrorists. The attacks occurred from the night of Monday 9 March 2026 until the early hours of …

The Federal High Court, Abuja, on Thursday, gave the green light to the Independent Corrupt Practices and Other Related Crimes Commission (ICPC) to access and analyze electronic devices recovered from the residence of former governor Nasir El-Rufai of Kaduna State. Justice Joyce Abdulmalik granted the order following an ex parte motion made to that effect by ICPC lawyer Osuobeni Akponimisingha. …

Daud Olatunji A 40-year-old woman, Mutiat Olateju, who gave birth to quadruplets at the Federal Medical Centre, Abeokuta, Ogun State, has appealed to the state government and well-meaning Nigerians for support in caring for the newborns. Olateju made the appeal on Thursday while speaking to journalists at the hospital, a day after delivering the babies via surgery at the tertiary …

By Ayo Kehinde According to the latest data from the Organization of the Petroleum Exporting Countries (OPEC), Nigeria’s crude oil production fell to 1.31 million barrels per day (bpd) in February 2026, representing a 10.7% decline from 1.45 million bpd in January. OPEC confirmed that the February production data was obtained through direct communication with Nigerian authorities. The drop means …

TCN removes encroachments on the Ihovbor-Ajaokuta 330 kV line The Transmission Company of Nigeria (TCN), Benin Region, recently carried out a clearance operation to remove structures encroaching on the 330 kV Ihovbor-Ajaokuta transmission line in Ihovbor community, Edo State. The activity took place from Wednesday 18 February to Friday 20 February 2026. The two-day operation aimed to reclaim TCN’s right …

Post views: 19 By Silvernews The South East representative on the board of the Nigeria Basketball Federation, Ugo Udezue, has joined the president of the federation, Musa Kida, in commending the Nigeria senior women’s basketball team, D’Tigress, for their commanding performance against Colombia in the opening match of Group D of the 2026 FIBA ​​Women’s Basketball World Cup in …

The federal government has attributed the delay in the payment of February 2026 salaries in some ministries, departments and agencies (MDAs) to shortcomings in staff cost allocation, confirming that other federal workers were paid on time. The Office of the Accountant General of the Federation (OAGF) said the affected MDAs include the Federal Ministry of Steel Development, Nigerian Export Promotion …

President Bola Ahmed Tinubu has approved the appointment of Lamido Abubakar Yuguda as Deputy Governor of the Central Bank of Nigeria, subject to confirmation by the Senate. The appointment is in accordance with Section 8(1) of the Central Bank of Nigeria Act 2007. Yuguda’s appointment follows the recent appointment of former Deputy Governor, Bala Bello, as Special Adviser to the …

Glaucoma Week: Nigeria steps up awareness as experts highlight risk factors – Core Reporters Glaucoma Week: Nigeria steps up awareness as experts highlight risk factors By Raphael Ekpang The Ministry of Health and Social Security has reaffirmed its commitment to combating glaucoma and other eye health challenges as part of nationwide activities marking Glaucoma Week. Speaking at a press conference …