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Top 10 stories from all Nigerian Newspapers, Sunday 18 May

Here are the top ten stories from across the country 1. The presidency defended the delay in the budget report, saying the fiscal year is determined by law, not calendar dates The Presidency defended the delay in publication of the recent Quarterly Budget Implementation Report, and insisted that Nigeria’s fiscal year is determined by legal permissibility and not simply based …

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REVEALED! View the complete list of 46 abductees from Oyo schools, communities

Fresh revelations emerge following the abduction of teachers and students during attacks on schools and surrounding communities in Oriire Local Government Area of ​​Oyo State. A 2-year-old toddler, Christianah Akanbi, from Yawota Baptist Kindergarten and Primary School was said to be among those abducted by the terrorists. According to community leaders, a total of 46 people – seven teachers and …

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EFCC arrest of former power minister, Saleh Mamman

The Economic and Financial Crimes Commission (EFCC) has arrested former Minister of Power, Saleh Mamman. Mamman was recently found guilty and sentenced to 75 years imprisonment in absentia by the Federal High Court, Abuja, for a N33.8 billion fraud. EFCC Chairman, Ola Olukoyede, said at a press conference on Tuesday in Abuja that Mamman was arrested in Rigasa, Kaduna State …

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NGX: Equity markets recover as investors gain N917 billion

Investors in the Nigerian equity market gained N917 billion at the close of trading on Tuesday, to recover from the previous day’s losses. This follows a surge in the prices of shares such as FTN Cocoa, Zichis and Sky Aviation, among others, on the stock exchange floor. The benchmark All-Share Index (ASI) index increased to 251,635.42 points from 250,204.83 points …

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‘This is a national disgrace’, CAN outraged by terror attacks on schools, urges decisive action

The Christian Association of Nigeria (CAN) on Monday deplored the spate of terror attacks on schools across the country, and the kidnapping of students. While condemning the kidnappings as a “national disgrace”, the body advised the federal and state governments to address the crisis with decisive action. The religious body expressed shock at the increasing wave of kidnappings and attacks …

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Tinubu regrets Oyo terror attack, renews call to state police

President Bola Ahmed Tinubu said on Monday, that security agencies are stepping up efforts to rescue victims kidnapped by gunmen in Esiele community, Oriire Local Government Area of ​​Oyo State, He condemned the killing of one of the kidnapped teachers and renewed calls for the creation of a state police force. The president described the killings as a barbaric act …

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Top 10 stories from all Nigerian Newspapers, Tuesday 19 May

Here are the top ten stories from across the country 1. Abure Takes Labor leadership battle to Supreme Court, announces free forms for 2027 candidates The chairman of the Labor Party’s National Fraction, Julius Abure, confirmed that his camp had filed an appeal with the Supreme Court to challenge the Court of Appeal’s decision to recognize Nenadi Usman as the …

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Equity markets started the week in the red; investors lost N81 billion

Investors in the Nigerian equity market lost N81 billion at the close of trading on Monday, starting the week in the red. This follows the fall in share prices, including NCR, Zichis and IMG on the stock exchange floor. The benchmark All-Share Index (ASI) fell to 250,204.83 points from 250,330.92 points on the previous trading day. After five hours of …

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Berger Paint, Scoa, Daar Comm and others lead the stocks to watch this week

Investors earned N3.32 trillion last week as equity markets continued to boom. The market value increased to N160 trillion from N157 trillion recorded last week, while the All-Share Index (ASI) appreciated by 2.27% to close the week at 250,330.92, up from 244,775.83 points recorded in the previous week. The market performance was supported by the strong performance of stocks such …

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‘Investigate alleged diversion of N800bn FAAC for campaign funding’, SERAP urges INEC

The Socio-Economic Rights and Accountability Project (SERAP) has urged Professor Joash Amupitan, Chairman of the Independent National Electoral Commission (INEC), “to immediately, thoroughly, impartially, independently, transparently and effectively investigate allegations that the All Progressives Congress (APC) governor diverted N800 billion for political and campaign purposes.” SERAP urged him to “request full disclosure from the governors and the APC regarding the …

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