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Investors in the Nigerian equity market recorded a mixed trading week on the NGX floor with a loss of N2.45 billion as market capitalization fell to N55.12 trillion from N55.13 trillion the previous week. This follows a loss of N846 billion in the previous week. The exchange recorded losses on two of the five trading days of the week. Market …

The Chairman of the Corruption Eradication Commission (KPK), Dr. Musa Aliyu (SAN), on Friday, issued a stern warning to state officials who refuse to comply with the Supreme Court ruling on regional government autonomy. The Supreme Court on July 11 affirmed the financial autonomy of local governments in Nigeria and rejected attempts by state governments to dissolve democratically elected local …

The equity market rallied on Friday as investors gained N146 billion at the close of trading for the day. This follows the rise in share prices of stocks such as Oando, Total, and Cornerstone among others on the trading floor. After five hours of trading in the capital market, equity capitalization rose to N55.1 trillion from N54.9 trillion recorded by …

In a momentous event marking a milestone in Nigeria’s judicial history, President Bola Tinubu on Friday administered the oath of office to Justice Kudirat Kekere-Ekun, officially inaugurating him as the 23rd Chief Justice of Nigeria. The swearing-in ceremony which took place at the Council Chamber of the State Palace in Abuja was a testament to the country’s enduring commitment to …

Here are the top 10 stories making headlines across the country. 1. EndBadGovernance: Falana says 2,111 protesters arrested, 1,403 jailed Human rights activist and Chairman of the Alliance on Surviving Covid-19 and Beyond (ASCAB), Femi Falana, revealed that 2,111 protesters were arrested during the 10-day #Endbadgovernance protest across Nigeria from August 1 to 10. Read more 2. Peter Obi voices …

The equity market continued its bearish sentiment on Thursday as investors lost N64 billion at the close of trading for the day. This follows the decline in share prices of shares such as TRANSCOHOT, CHAMS and ETERNA among others on the trading floor. After five hours of trading in the capital market, equity capitalization plunged to N54.9 trillion from N55.04 …

Former Anambra State Governor Peter Obi has expressed deep concern over the recent invitation of Nigeria Labour Congress President Joe Ajaero by the Nigeria Police Force. In a statement on Thursday, Obi stressed the sensitivity of the situation, given Ajaero’s important role as the country’s labor leader. Obi warned that due process must be followed, stressing that the allegations against …

The National Human Rights Commission (NHRC) has written to the Nigerian Bar Association (NBA) seeking their assistance in securing the release of over 1,000 protesters detained during the #EndBadGovernance protests. The protesters have been detained for more than two weeks without access to their lawyers, although police failed to charge them on Monday and Tuesday. In his letter to the …

Here are the top 10 stories making headlines across the country. 1. Nigerian government increases passport fees to N50k, N100k The Federal Government has approved an upward review of the country’s passport procurement fees.Read more 2. Fubara must face crisis, answers Wike Edwin Clark Federal Capital Territory (FCT) Minister Nyesom Wike has responded to claims by senior statesman Edwin Clark …

Investors in the Nigerian capital market lost N599 billion at the close of trading on Wednesday. This follows the decline in share prices of stocks such as UPL, OANDO, and NASCON among others on the trading floor today. After five hours of trading in the capital market, equity capitalization plunged to N53.04 trillion from N54.4 trillion recorded by the bourse …