#featured

INVESTIGATION: Benue communities, residents in pains as govt neglects PHCs

In many Benue State communities, women especially suffer from the absence and non availability of staff and medicine in the PHCs many of which have been abandoned and left to rot. MANASSEH MBACHII reports that child birth and survival is a harrowing experience for residents of these communities who continue to live with the pains of government’s neglect. Juliana Innocent …

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The SEC identified regulatory uncertainty, insecurity, etc. as the bane of the Nigerian cryptocurrency market

The Securities and Exchange Commission (SEC) has identified regulatory uncertainty, security concerns, and financial literacy as serious threats to the use of cryptocurrencies in the country. This was disclosed by the Director-General of the institution, Emomotimi Agama, at the 2024 Annual Conference of the Association of Capital Market Academics of Nigeria (ACMAN) on Thursday in Abuja. He said the Nigerian …

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Top 10 news stories from all Nigerian Newspapers, Friday, June 29, 2024

Here are the top 10 stories making headlines across the country. 1. Military claims stolen crude oil worth N10 billion successfully intercepted, more than 2,200 terrorists successfully neutralized The Nigerian military, on Thursday, announced the interception of stolen crude oil worth N10 billion and the neutralization of 2,245 terrorists.Read more 2. ‘Who doesn’t know that Nigerians are suffering, no more …

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Nigeria’s naira plunges, joining cedi and pound as worst-performing currencies in H1 2024

Nigeria’s naira has experienced a dramatic reversal of fortune, plummeting to the rank of worst-performing currency globally in the first half of 2024, according to a Bloomberg report on Friday.Read more This depreciation comes after a brief period of strengthening earlier this year, highlighting the challenges facing the Nigerian economy. Apart from the naira, the Egyptian pound and the Ghanaian …

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NGX: Investors ended the week with profits of N374 billion

The Nigerian equity market maintained its positive performance with investors making a profit of N374 billion at the close of trading on Friday. This follows the growth in share prices of UCAP, LASACO, and CWG, among others, on the stock exchange floor today. After five hours of trading on the capital market, equity capitalization rose to N56.6 trillion from N56.2 …

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Military claims N10 billion worth of stolen crude oil intercepted, over 2,200 terrorists neutralized

The Nigerian military, on Thursday, announced the interception of N10 billion worth of stolen crude oil and the neutralization of 2,245 terrorists. The announcement, made by the Defense Headquarters (DHQ) during its bi-weekly briefing, highlights ongoing efforts to combat two major security challenges plaguing the country: oil theft and terrorism. Director of Defense Media Operations, Major General Edward Buba provided …

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Top 10 stories from across Nigerian Newspapers, Friday, June 28, 2024

Here are the top 10 stories making headlines across the country. 1. Representatives extend the deadline for implementing the 2023 budget to December The House of Representatives on Thursday passed two bills extending the implementation of the Budget Act of 2023 and the Supplemental Budget Act of 2023 until December. Read more 2. No request for new aircraft approval from …

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NGX: Seplat, CUTIX lead gains as investors rake in N6.2bn

For the second straight day, the Nigerian equity market maintained its positive movement as investors made profits of N6.2 billion at the close of trading on Thursday. This follows the growth in share prices of SEPLAT, CUTIX, and LASACO among others on the trading floor today. After five hours of trading on the capital market, equity capitalization rose to N56.2 …

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Yahaya Bello wants the trial to be moved to Kogi, as the EFCC wants lawyers to be punished due to the former government’s absence in court

Former Kogi State Governor Yahaya Bello on Thursday appealed to the Federal High Court in Abuja to transfer his ongoing corruption case to Kogi State. This request comes amid his trial for alleged involvement in an N80.2 billion fraud case filed against him by the Economic and Financial Crimes Commission (EFCC). However, the EFCC’s legal advisor wondered why the former …

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