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Here are the top 10 stories making headlines across the country. 1. Presidency exposes ‘fraudulent’ actions of Chinese company that seized presidential jet and other assets The presidency said it had uncovered a plot by a Chinese company, Zhongshan Fucheng Industrial Investment Co. Limited, to seize Nigerian government assets abroad, including the presidential jet in Paris. Read more 2. NJC …

For the fourth straight day this week, the downward trend in the Nigerian equity market continued on Thursday as investors lost N84 billion at the close of trading. This follows a decline in share prices such as OANDO, ABCTRANS, and GUINEAINS among others on the trading floor. After five hours of trading in the capital market, equity capitalization declined to …

For the first time since December 2022, Nigeria’s headline inflation rate fell to 33.40 percent in July 2024, the latest data from the National Bureau of Statistics (NBS) showed. This figure is down from 34.19 percent in June 2024. This marks the first decline in the headline inflation rate since December 2022, when it last fell to 21.34 percent. The …

Here are the top 10 stories making headlines across the country. 1. In a pioneering move, Taraba government launches blueprint for LG autonomy In a bid to revolutionize local government administration, the Financial Autonomy Advisory Committee for the 16 local government areas of Taraba State has launched an innovative blueprint. Read more 2. House Speaker Abbas speaks about the controversial …

The downward trend in the Nigerian equity market continued on Wednesday as investors lost N80 billion at the close of trading for the day. This follows the decline in share prices of stocks such as OANDO, CUTIX, and ACADEMY among others on the trading floor. After five hours of trading in the capital market, equity capitalization dropped to N55.21 trillion …

In a bid to revolutionize local government administration, the Financial Autonomy Advisory Committee for the 16 local government areas of Taraba State has launched an innovative blueprint. The committee, chaired by Rt. Hon. Peter Diah, aims to create a model of efficiency and innovation that sets new standards for local governance, and paves the way for other states to follow …

As other children walked home from school on Friday afternoon, Emmanuel Aniede was seen running around Ikpa Street in Uyo, Akwa Ibom State, trying to sell every water bag in his bowl. Twelve-year-old Emmanuel, nicknamed “Vinicius” for his talent in football, said he dropped out of school in 2017 due to the lack of schools in his community and his …

Here are the top 10 stories making headlines across the country. 1. Tinubu chairs first Council of State meeting; Jonathan, Buhari attend President Bola Tinubu is currently chairing a meeting of the Council of State at the Aso Rock Villa in Abuja. This is the first since he was sworn in as president last year.Read more 2. Tinubu approves policy …

The downward trend in the Nigerian equity market continued on Tuesday as investors lost N278 billion at the close of trading. This follows a decline in the share prices of the likes of Oando, Livestock Feeds and Cornerstone among others on the trading floor. After five hours of trading in the capital market, equity capitalization plunged to N55.2 trillion from …

Nigeria’s currency, the naira, started the new trading week on a high note by continuing its recovery against the US dollar on Monday, August 12, 2024. The local currency strengthened by N4 to trade at N1,570/$1, data from the Nigerian Autonomous Foreign Exchange Market (NAFEM) showed. This is in contrast to the exchange rate of N1.574/$1 traded on Friday, August …