#featured

NGX: Investors gain N85.3bn as equities market sustains bullish run

Trading activities ended on a positive note on Thursday with a 0.22% growth in the All-Share Index (ASI). The ASI rose by 156 basis points to close at 72,455.83 from 72,299.79 posted by the bourse on Wednesday. In the same vein, the market capitalization rose by N85.3 billion to N39.649 trillion from N39.564 trillion recorded the previous day. 26 stocks …

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Go for skills, certificates no longer guarantee jobs, JAMB boss, Oloyede tells students

The Registrar of the Joint Admission and Matriculation Board (JAMB), Professor Ishaq Oloyede, has advised Nigerian students to seek to gain demonstrable skills in addition to their education as university degrees and certificates will no longer be a guarantee to securing jobs. Oloyede who gave the advice on Thursday during the convocation ceremony at the Kwara State University, Malete, said …

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RipplesMetrics: Trends in ‘accidental’ military airstrike in Nigeria

Villagers of Tudun Biri, a local community in the Igabi Local Government area of Kaduna State, on December 3 gathered to celebrate Maulud, the birthday of the Prophet Muhammad when a military bomb, which was on a routine counter-terrorism operation, dropped on them. The military claimed that their movement was mistaken for suspected bandits. The airstrike was reported to have …

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Top 10 stories from across Nigerian Newspapers, Thursday, December 14, 2023

Here are the top 10 stories making headlines across the country. 1. Tinubu sacks FAAN MD, 4 others, suspends NCAA DG President Bola Tinubu has sacked the Managing Director of the Federal Airport Authority of Nigeria (FAAN), Mr. Kabir Yusuf Mohammed, and heads of four other agencies in the Ministry of Aviation and Aerospace Development.Read more 2. Nigerian govt removes …

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JUST IN: Tinubu sacks FAAN MD, 4 others, suspends NCAA DG

President Bola Tinubu has sacked the Managing Director of the Federal Airport Authority of Nigeria (FAAN), Mr. Kabir Yusuf Mohammed, and heads of four other agencies in the Ministry of Aviation and Aerospace Development. Others are the Managing Director of the Nigerian Airspace Management Agency (NAMA), Mr. Tayib Adetunji Odunowo, the Director-General of the Nigerian Safety Investigation Bureau (NSIB), Akinola …

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Naira weakens marginally at official market, trades at N865/$1

Following the massive gain of N234 recorded by the naira against the dollar on Monday, the Nigerian currency, Tuesday, December 12, 2023, slumped marginally against the American greenback. The Nigerian currency traded at N865.03/$1 at the close of business on Tuesday, data from the Nigerian Autonomous Foreign Exchange Market (NAFEM) window where forex is officially traded, showed. This represents a …

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Ailing Akeredolu hands over to Aiyedatiwa, goes on another medical leave

The Ondo State Governor, Rotimi Akeredolu, on Tuesday, handed over power to his Deputy Lucky Aiyedatiwa as he commenced another medical leave. This was contained in a statement issued by Akeredolu’s chief press secretary, Richard Olatunde. Olatunde said a formal letter regarding the medical leave and a notice formally transferring power to the deputy governor in line with the Nigerian …

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JUST IN: 27 Rivers Assembly members loyal to Wike dump PDP for APC

Twenty seven members of the Rivers State House of Assembly loyal to the Minister of the Federal Capital Territory (FCT), Nyesom Wike, on Monday, dumped the Peoples Democratic Party (PDP) for the All Progressives Congress (APC). The lawmakers announced their defection on Monday morning in Port-Harcourt, the state capital while reaffirming their total loyalty to the former governor of Rivers …

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Where is the money? Like Sanusi, SERAP tells NNPCL boss, Kyari to give account of crude, earnings

Socio-Economic Rights and Accountability Project (SERAP) has called on Mele Kyari, the Group Chief Executive Officer, Nigerian National Petroleum Company (NNPC) Limited to “promptly publish details of barrels of oil Nigeria produces and exports every day. The group also called on him to disclose the total amounts of revenues generated from oil since the removal of subsidy on petrol in …

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