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Here are the top 10 stories making headlines across the country. 1. Ugochinyere MP denies $1.7m bribery allegations, vows to fight corruption House of Representatives Member Ikenga Ugochinyere, Chairman of the House Downstream Petroleum Committee, on Wednesday vehemently denied allegations that he bribed the House leadership with $1.7 million to secure his post. Read more 2. Ondo State government accused …

Investors in the Nigerian equity market made a gain of N96 billion at the close of trading on Wednesday. This follows the growth in stock prices of stocks such as REDSTAREX, OANDO, and RT BRISCOE, among others, on the trading floor today. After five hours of trading in the capital market, equity capitalization increased to N55.1 trillion from N55.03 trillion …

Here are the top 10 stories making headlines across the country. 1. Falana warned protesters to be wary of agitation for a military coup Human rights lawyer Femi Falana on Tuesday issued a stark warning to protesters taking part in nationwide hunger protests, urging them to stay away from “undemocratic forces” trying to exploit the demonstrations to call for a …

Bearish sentiment in the Nigerian equity market continued on Tuesday, with investors losing N371 billion at the close of trading for the day. This follows the decline in share prices of stocks such as BUA CEMENT, THOMASWY, and CHAMPION among others on the trading floor today. After five hours of trading in the capital market, equity capitalization plunged to N55.03 …

Amid the ongoing tussle between Dangote Refinery and Nigeria’s oil and gas sector Regulatory bodies, concerns have been raised as international rating firm, Fitch Rating has downgraded Dangote Industries Limited, DIL to ‘B+(nga)’ from AA(nga) placing the company on Negative Watch. Some of the reasons for concern put forward by the rating agency for the downgrade include lower than expected …

Several developments have called into question the federal government’s intention to restart oil production at the 650,000 barrels per day (bpd) Dangote refinery in Lagos in recent weeks. The developments relate to the supply of crude to the refinery and the sale of refined products due to the wide exchange rate gap between the naira and the dollar. Several regulatory …

The Peoples Democratic Party (PDP) has accused the Nigerian government led by the ruling All Progressives Congress (APC) of orchestrating the killing of protesters by security forces in the ongoing #EndBadGovernance protests across the country. The opposition party, in a statement on its official X account on Tuesday, said the killing of civilians was unacceptable and could not be justified …

Nigeria’s military announced Monday that people who raise Russian flags during ongoing nationwide protests are committing treason and will be “prosecuted.” Chief of Defence Staff General Christopher Musa made the remarks after a National Security Council meeting chaired by President Bola Tinubu at Aso Rock Villa, Abuja, stressing that the act was “totally unacceptable” and would amount to a treasonable …

Nigerian equity market started the week on a bearish note as investors lost N92 billion by the end of the trading session. This follows a decline in share prices such as CHAMS, UPL and OMATEK among others on the trading floor. After five hours of trading in the capital market, equity capitalization declined to N55.405 trillion from N55.497 trillion recorded …

Justice Ambrose Lewis-Allagoa of the Federal High Court, Lagos, on Monday quashed the sale of Nigeria Air Limited to Ethiopian Airlines. Details later… LATEST Post: Court quashes sale of Nigeria Air appeared first on Latest Nigeria News | Headlines from Ripples Nigeria.