Business

Post views: 24 By Silvernews Nigeria’s sporting mainstay, Chief Donatus Agu-Ejidike (JP), has congratulated the Super Eagles for successfully defending their Unity Cup title following their impressive 3-0 victory over the Reggae Boyz of Jamaica in the final played in London on Saturday. In a statement made available to the media, Agu-Ejidike described the victory as a significant boost …

As Nigeria gradually approaches the 2027 general elections, political discussions are increasingly shifting from governance to electoral calculations, potential alliances and emerging presidential contenders. Among the names generating considerable public interest is former President Goodluck Ebele Jonathan (GEJ), whose possible return to the presidential race continues to spark debate in political circles. While his candidacy remains speculative, the prospect of …

Investors in the Nigerian capital market earned N505 billion at the close of trading last week. The market value rose to N160.509 trillion from N160.004 trillion recorded in the previous week. Likewise, the All-Share Index (ASI) appreciated by 0.27% to close the week at 250,385.47, up from 249,712.37 points recorded 14 days ago. The market performance was driven by the …

The Nigerian Union of Teachers (NUT) has directed all public primary and secondary school teachers in Oyo State to withdraw their services from schools with effect from Monday, June 1, 2026, until further notice. The directive, issued by the union’s national leadership, is a protest against the continued captivity of abducted teachers and pupils, whose rescue and safe release remain …

*Wants solar energy infrastructure for Irrua Specialized University Hospital *Admonishes diaspora community to support health initiative for Edo Central *Calls for concerted efforts to end genital abuse A clinical applications specialist, Dr. Bernadette Aluele-Amao, has proposed the establishment of a mobile health outreach program that will provide medical services directly to underprivileged communities across Esanland, comprising five local governments in …

Post views: 26 By Silvernews The South East representative on the board of the Nigeria Basketball Federation, Ugo Udezue, will host a three-day South East basketball tournament in Ebonyi State from June 5 to 7 as part of ongoing efforts to promote grassroots basketball development and youth empowerment in the region. The tournament will take place at Ebonyi Mall, …

An arbitral tribunal has ordered nominating shareholders and the board of directors of Premium Pension Limited to ensure the resignation or removal of four directors deemed to be politically exposed persons (PEPs), in a ruling that could reshape governance oversight within one of Nigeria’s leading pension fund administrators. The court, which issued its ruling on May 25, 2026, gave the …

The Socio-Economic Rights and Accountability Project (SERAP) urged the United Nations Secretary-General, António Guterres, “to urgently invoke Article 99 of the United Nations Charter and bring to the attention of the United Nations Security Council Nigeria’s growing insecurity, marked by mass abductions, killings, attacks against civilians, mass displacement and other serious human rights violations.” The pressure group said the deteriorating …

The Nigerian National Petroleum Company Limited (NNPC Ltd.) says it has recorded a profit after tax (PAT) of N481 billion for April 2026.The development represented a sharp jump from the $276 billion recorded in March, the company said in the summary of its April monthly report, published on its X handle.The company said its crude oil and condensate production rose …

The Nigerian Employers’ Consultative Association (NECA) says that despite signs of progress emerging from the Federal Government’s economic reforms, many businesses in the country are yet to experience the full benefits expected from the policy changes. Speaking in Abuja on Sunday, the Director-General of NECA, Mr Adewale-Smatt Oyerinde, acknowledged that recent reforms, particularly the removal of fuel subsidies and the …