Business

Investors in the Nigerian equity market earned N141 billion at the close of trading on Wednesday. This follows a surge in the prices of shares such as Legend Internet, Zichis and Premier Paints, among others, on the stock exchange floor. The benchmark All-Share Index (ASI) index increased to 200,925.75 points from 200,705.88 points on the previous trading day. After five …

The Federal High Court (FHC) in Abuja, on Wednesday, made an order for final forfeiture of the sum of $13 million to the Federal Government linked to industrialist, Aisha Achimugu, and her company, Oceangate Engineering Oil & Gas Ltd. Justice Emeka Nwite, in a ruling, ordered that the funds traced, found and recovered by the Economic and Financial Crimes Commission …

Post views: 43 By Silvernews Presidents of Nationwide League One (NLO) clubs have formally appealed to the Nigeria Football Federation (NFF) to include direct club representation in its Congress as part of the ongoing statute amendment process. In a letter dated March 24, 2026 and addressed to the Chairman of the Nigerian Football Federation Statute Amendment Committee, the group, …

A prominent Egba chief, Mustapha Abdulhakeem Akinfiwatolu, has recounted the historical struggle and resilience that led to the birth of Abeokuta, describing it as a product of courage, unity and long-term sacrifice rooted in the 18th century uprising led by Lisabi Agbongbo Akala. Akinfiwatolu, who is the Akinfiwatolu of Egbaland, said the story of the Egba people remains a defining …

By Joseph Amedu, Lokoja The AIDS Healthcare Foundation (AHF Nigeria) has supported an increase in budgetary allocation to the health sector, particularly for HIV and tuberculosis, in the face of major reductions in international donor funding that limit available support for both HIV/AIDS and tuberculosis. Mr Steve Aborisade, Senior Advocacy and Marketing Manager of AHF-Nigeria, made the appeal during an …

The Federal High Court, Lagos on Wednesday in a landmark ruling annulled the dissolution of the board and management of Union Bank of Nigeria by the Central Bank of Nigeria (CBN) Judge Chukwujekwu Aneke who delivered the judgment declared the CBN’s actions ultra vires. The court set aside all decisions taken by the CBN-appointed board and ordered the reinstatement of …

The foundations of Asian trade integration continue to strengthen, according to a report released Tuesday by the Boao Forum for Asia. Intra-regional trade dependence increased from 56.3% in 2023 to 57.2% in 2024, as the region’s major economies increasingly gear their trade ties towards each other, said the report titled “Asian Economic Outlook and Integration Progress Annual Report 2026”. Bilateral …

A former Senator representing Ogun Central Senatorial District, Senator Femi Okurounmu, said Nigeria’s 1999 Constitution structurally favors the Northern Region, warning that the imbalance continued to impact governance outcomes and exacerbate political and economic challenges across the country.* Speaking during an exclusive interview on Frontline, a current affairs program on Eagle 102.5 FM, Ilese-Ijebu, Ogun State, on Wednesday, the elder …

Post views: 58 By Silvernews Campos Football Club of Owerri B team started their Federation Cup season on a winning note with a hard-fought 2-1 victory over Captain Marvel FC at the Oisa Stadium, Ugoala in Ngor Okpala Local Government Area of ​​Imo State. The match, played in a tense atmosphere, saw Campos take the lead in the 9th …

Senior politicians in Ogun State have dismissed reports that leaders of the All Progressives Congress have adopted consensus governorship aspirants for the South-West states, describing the claim as a “desperate and misguided attempt” to manipulate the political process. Stakeholders said the narrative, which emerged in a national newspaper, aimed to deceive other aspirants into abandoning their ambitions ahead of the …