#featured

NGX: Investors lose N2.2tr as equity markets continue to decline

Investors in the Nigerian equity market lost another N2.28 trillion at the close of trading on Wednesday as bearish sentiment continued. This follows a plunge in the prices of shares such as Wapco, Zichis, and Learn Africa, among others, on the stock exchange floor. The benchmark All-Share Index (ASI) fell to 243,132.61 points from 246,686.66 points on the previous trading …

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The manufacturing sector got the lowest share as Nigeria attracted $10.8 billion in the first quarter of 2026

Nigeria’s production and manufacturing sector attracted only 1.47% of the total capital imported into the country in the first quarter of 2026, according to the National Bureau of Statistics (NBS). According to the bureau in its latest Capital Import Report released on Wednesday, the two sectors attracted $152.27 million of the $10.37 billion in capital imported into the country in …

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Top 10 stories from all Nigerian Newspapers, Wednesday 23 June

Here are the top ten stories from across the country. 1. INEC investigates voter data leak The Independent National Electoral Commission (INEC) has launched an investigation into alleged unauthorized access and disclosure of information from the Continuous Voter Registration (CVR) database.Read more 2. Alleged N1.35 billion fraud: Lamido, EFCC disagree with witnesses Former Governor of Jigawa State, Sule Lamido, and …

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NGX: PZ, CWG suffered the biggest losses as investors lost N478 billion

Investors in the Nigerian equity market lost another N478 billion at the close of trading on Tuesday to continue their bearish sentiment. This follows the fall in stock prices, including PZ, CWG and ABC Trans, on the stock exchange floor. The benchmark All-Share Index (ASI) fell to 246,686.66 points from 247,560.66 points the previous day. After five hours of trading …

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Food prices rose in April, NBS said

The National Bureau of Statistics said prices of tomatoes, pulses, garri, onions, ginger and other food items recorded a month-on-month increase in April 2026. The NBS stated this in its Selected Food Price Monitoring report for April 2026, released in Abuja on Tuesday. The report shows that the average price of 1kg of tomatoes increased by 6.60 percent on a …

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ANALYSIS: The growth of banks in Nigeria and the collapse of the economy

Nigeria’s banking industry appears to be booming, largely driven by the policies of the Central Bank of Nigeria (CBN), under the leadership of Governor Olayemi Cardoso, while the real economy continues to experience sluggishness. At a time when millions of Nigerians are increasingly slipping into poverty, when inflation continues to erode household incomes, when the business world is collapsing due …

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Top 10 stories from all Nigerian Newspapers, Tuesday 2 June

Here are the top ten stories from across the country. 1. Kidnapping: NUT orders Oyo teachers to begin strike The Nigerian Union of Teachers (NUT) has directed all public primary and secondary school teachers in Oyo State to go on indefinite strike from Monday.Read more 2. Wike Accuses ADC primaries of being rigged for Atiku, says Amaechi walked into political …

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Top 10 stories from all Nigerian Newspapers, Monday 2 June

Here are the top ten stories from across the country. 1. Kidnapping: NUT orders Oyo teachers to begin strike The Nigerian Union of Teachers (NUT) has directed all public primary and secondary school teachers in Oyo State to go on indefinite strike from Monday.Read more 2. Wike Accuses ADC primaries of being rigged for Atiku, says Amaechi walked into political …

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