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Top 10 news stories from all newspapers in Indonesia, Thursday, September 12, 2024

Here are the top 10 stories making headlines across the country. 1. In Borno, drinking funds and sitting allowances are given budget priority while Maiduguri and other areas face the worst floods in decades On Tuesday, September 10, 2024, social media, especially X, was flooded with images and videos showing houses and major roads completely submerged and residents of communities …

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NGX: CWG, Academy among worst-hit firms as investors lose N50 billion

Investors in the Nigerian capital market lost N50 billion at the close of trading on Wednesday. This follows a decline in the prices of shares such as CWG, NNFM, and ACADEMY among others on the trading floor. After five hours of trading in the capital market, equity capitalization declined to N55.5 trillion from N55.6 trillion recorded by the bourse the …

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Top 10 news stories from all newspapers in Indonesia, Wednesday, September 11, 2024

Here are the top 10 stories making headlines across the country. 1. Aisha Yesufu reprimands Labour Party leader Abure over alleged embezzlement of party funds Social critic and co-founder of the #BringBackOurGirls movement, Aisha Yesufu, has responded to allegations by the embattled national chairman of the Labour Party (LP), Julius Abure, that she and Pastor Itua Ighodalo, brother of the …

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NGX: Equity market recovers as investors gain N343 billion

Investors in the Nigerian equity market made a gain of N343 billion at the close of trading on Tuesday. This follows the increase in share prices of stocks such as SFS REIT, RT BRISCOE, and CAVERTON among others on the trading floor. After five hours of trading in the capital market, equity capitalization increased to N55.6 trillion from N55.2 trillion …

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Aisha Yesufu reprimands Labour Party leader Abure over alleged embezzlement of party funds

Social critic and co-founder of the #BringBackOurGirls movement, Aisha Yesufu, has responded to allegations by the embattled national chairman of the Labour Party (LP), Julius Abure, that she and Pastor Itua Ighodalo, brother of Edo State PDP governorship candidate, Asue Ighodalo, were responsible for managing the party’s campaign funds in the 2023 general elections. Abure who made the allegations at …

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RipplesMetrics: Kidnappers raked in $600,000 from Nigerian victims in 13 years

Nigeria is grappling with a complex and multifaceted insecurity crisis, marked by increasing cases of kidnapping, banditry, terrorism and communal clashes. The country’s northwest is particularly affected, with Zamfara, Kaduna and Niger states being hotspots for violence. The Boko Haram insurgency in the northeast also continues, while separatist movements in the southeast and southwest add to the security challenges. The …

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NLC President Ajaero released on bail after arrest by DSS

The Department of State Services (DSS) has reportedly granted administrative bail to Nigeria Labour Congress (NLC) President Joe Ajaero, following widespread condemnation of his arrest and detention. Ajaero was released on Monday evening, as announced by pro-democracy activist and African Action Congress presidential candidate Omoyele Sowore on social media. The NLC also confirmed to media crews that its leader had …

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DSS takes over SERAP office in Abuja

Officers of the Department of State Services (DSS) on Monday surrounded the offices of the Socio-Economic Rights and Accountability Project (SERAP) in Abuja. The NGO revealed this in a statement uploaded to its X account. He described the action as “unlawful occupation.” He urged President Bola Tinubu to immediately intervene to protect the rights of Nigerians. SERAP revealed in the …

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NGX: Stock market starts week with losses as investors lose Rs111.15 crore

The Nigerian equity market started the week on a negative note on Monday, September 9, 2024 as investors lost N111 billion at the end of the trading session. This follows a decline in share prices such as JBerger, Transpower, and UPL among others on the trading floor. After five hours of trading in the capital market, equity capitalization dropped to …

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The 2027 Labour Party presidential ticket is no longer reserved for Peter Obi, Abure says

Julius Abure, the national chairman of the embattled Labour Party, has announced that the party’s presidential ticket for the 2027 elections will no longer be reserved exclusively for former candidate Peter Obi. Addressing a press conference after the party’s National Executive Committee (NEC) meeting in Abuja on Monday, Abure stated that the 2027 presidential ticket is now open to all …

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