#featured

Okonjo-Iweala to politicians: Don’t use my name to fight wars

The Director-General of the World Trade Organization (WTO), Ngozi Okonjo-Iweala, has warned politicians not to use his name in political battles. Okonjo-Iweala, who reacted to a Facebook post purportedly written by her, denied putting up the post. He alleged that there was a plan to use his name to carry out political fights with rival politicians. Therefore, he warned those …

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Tinubu blamed persistent insecurity in Nigeria on inherited security compromises and historical injustices

President Bola Tinubu attributed the persistent insecurity in Nigeria, particularly in the North West region, to inherited security compromises and historical injustices meted out to victims of conflict. Speaking at a two-day security and peace summit in Katsina on Monday, President Tinubu noted that banditry and insurgency the country is facing is a result of historical injustices that have divided …

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NGX: Investors started the week with a loss of N51b as shares fell

Equity markets again started the week on a negative note as investors recorded losses of N51.70nbn at the end of the trading session on Monday, 24 June 2024. This follows the fall in share prices, including INTBREW, DEAPCAP, and DAARCOMM on the stock exchange floor today. After five hours of trading on the capital market, equity capitalization fell to N56.371 …

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Quick Read: Clark demands implementation of conference report by 2024. Four other stories we’re tracking and why they matter

Former federal information commissioner Edwin Clark last week demanded implementation of the 2014 national conference report. In the same week, former National Deputy Chairman of the All Progressives Congress (APC), North West, Salihu Lukman, resigned from the party. These stories and three others we tracked dominate public discourse in the country. 1. Clark demands implementation of the 2024 Confab report …

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Tinubu celebrated increasing foreign exchange reserves by $5 Million through the National Gold Programme

President Bola Tinubu has commended the Ministry of Solid Minerals Development for achieving important milestones in his country’s economic diversification efforts. The Ministry successfully executed the first commercial transaction under the National Gold Purchase Program (NGPP), which has injected $5 million into Nigeria’s foreign exchange reserves and N6 billion into the rural economy. The President praised the ministry’s efforts, stating, …

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The Chamber of Commerce deplores the rise in food prices in Nigeria

The Abuja Chamber of Commerce and Industry (ACCI) has condemned the persistent rise in food prices across the country which it says has worsened the poverty level of the general Nigerian public. ACCI President, Emeka Obegolu (SAN), in a statement on Saturday, said the situation had also adversely affected small scale businesses as basic food items became unaffordable for most …

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Top 10 news stories from all Nigerian Newspapers, Sunday, June 23, 2024

Here are the top 10 stories making headlines across the country. 1. 2027: After meeting Babangida and Abdulsalami, Atiku visits Buhari in Daura The presidential candidate of the Peoples Democratic Party (PDP) in the 2023 elections, Atiku Abubakar, on Saturday visited former President Muhammadu Buhari at his home in Daura rural area of ​​Katsina State.Read more 2. Court approves Nigerian …

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A court has approved the Nigerian government to take over properties worth N12 billion linked to former CBN Governor, Emefiele

A Federal High Court in Lagos has ordered the permanent confiscation of properties worth over N12 billion allegedly linked to Godwin Emefiele, former Governor of the Central Bank of Nigeria (CBN). This comes after an earlier court order granted temporary control of the assets to the Economic and Financial Crimes Commission (EFCC). The EFCC accused Emefiele of using proxies to …

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NGX: Investors returned from Sallah with losses of N47 billion

The equity market restarted from the Eid al-Fitr holiday with investors losing N47 billion by the end of the trading session on Wednesday. This follows the fall in share prices, including CAVERTON, ABC TRANSPORT, and NB on the stock exchange floor today. After five hours of trading on the capital market, equity capitalization fell to N56.4 trillion from N56.5 trillion …

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Focus on electoral reform instead of rotating presidency, Obi spokesperson Tanko urges NASS

Principal Spokesperson, Peter Obi/Datti Baba-Ahmed of the 2023 Election Presidential Campaign Council, Alhaji Yunusa Tanko, said that reform of the current electoral process is much more necessary than the proposed single-term rotating president, to deepen democracy. Tanko, former National Chairman of the defunct National Conscience Party, said this in an interview with journalists in Abuja on Tuesday, and stressed that …

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