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The Nigerian equity market closed this week with N143 billion profit for the public investing on Friday. This follows the surge in stock prices such as Nighern Nigeria Flour Mills, Trans-Nationwide Express and PLC Champion, among others on the trading floor. The Benchmark All-Share Index (ASI) increased to 109,710.37 points from 109,467.64 points recorded on the previous day. After five …

Three levels of government on Friday shared the total number of N1.68 trillion as an income allocation for April. This month’s allocation is 6.5 percent higher than N1,578 trillion which was distributed in March. Director of the Press and Public Relations at the Federation General Accounting Office, Bring Mokwa, revealed this in a statement issued at the end of the …

A former President of the Nigerian Bar Association (NBA), Dr. Olisa Agbakoba, has recommended a new government model for Nigeria because Western democracy no longer works in the country. Agbakoba who made a call on Friday when appearing as a guest on the morning television program, said the liberal democratic model borrowed from the Western world had failed in Nigeria. …

Ball President Ahmed Tinubu on Friday held a closed meeting with Nigeria’s leading safety leadership at the presidential villa in Abuja, because fears of growing due to new security threats in some parts of the country. Who were present at the strategic meeting were defense chiefs, General Christopher Musa; Army Chief of Staff, Lieutenant General Olufemi Oluyede; Air Staff Chief …

Economist and Public Affairs Analyst, Professor Pat Utomi, has greatly criticized the federal government for what he described as an effort to suppress differences of opinion and civil freedom, following the lawsuit filed by it by the State Service Department (DSS). DSS, in a lawsuit filed at the Federal High Court in Abuja, accused Utomi of trying to damage the …

Here are the 10 top stories that become headlines throughout the country today. 1. Nigerian inflation dropped to 23.7% The National Statistics Bureau (NBS) has announced a slight decrease in Nigerian headline inflation level to 23.71 percent in April. Read more 2. ICPC, PTAD partner to overcome pension fraud Independent Corruption Practices and Other Related Violation Commissions (ICPCs) and Directorates …

The Nigeria Equity Market closed trade on Thursday, May 15, 2025 with N257 billion profit for the investment community to continue the intentions obtained yesterday. This follows the surge in stock prices such as Honeywell Flours PLC (Honyflour), Nestle PLC (Nestle) and Beta Glass Company (Betaglas) among others on the trading floor. The Benchmark All-Share Index (ASI) increased to 109,467.64 …

After the technical disorders that damaged 2025 Unified Tertiary Matriculation Examination (UTME), the House of Representatives had called for the formation of at least one Computer-Based Testing Center (CBT) in each 774 regional government in the country. The resolution, which was passed during the plenary on Thursday, followed the new recognition by the Joint Revenue and Matriculation Council (Jamb) that …

Here are the 10 top stories that become headlines throughout the country today. 1. DSS dragged Pat Utomi to court on plans to form shadow govt The State Service Department (DSS) has taken legal action against former presidential candidate, Professor Pat Utomi, for what is described as an inconsulting step to form a “shadow government” aimed at damaging the administration …

Nigeria posed a trading surplus of $ 11.5 billion in 2024, marked the highest positive trade balance in more than a decade, according to data from the Nigerian central bank and the National Statistics Bureau. This continued the strong rebound in the country’s external trading position after two years of deficit during the Covid-19 era. The figure shows that Nigeria …