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NGX Weekly Roundup: Bourse Supports Momentum with N1.8Tr’s Profit, Capitalization of Puncak N72Tr Market

The Nigerian equity market experienced bullish momentum, sweeping n1,812 trillion profits in four days of trading due to the Eid al-Fitr holiday. The market records profits in the four trading sessions. Market capitalization increased to N72,275 trillion from N70,463 trillion recorded in the previous week. Likewise, the All-Share (ASI) index appreciates 2.57% to close the week with 114,616.75 points from …

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Benue under the siege of terrorists, Governor Alia shouted

The Governor of the State of Benue, Rev. Fr. Hyacinth Alia, has increased concerns about what he described as a full scale siege by terrorists, which stated that the wave of violence that increased throughout the state exceeded the narrative held by the clash farmers. Speaking of today’s politics, a channel television program that aired on Friday night, Governor Alia …

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The top 10 stories from all Nigerian newspapers, Friday, June 6

The following is the top story in all state newspapers 1. President Akpabio Senate Defending Tax Reform Bill as a ‘National Task’ Senate President Godswill Akpabio has emphasized that the decision of the National Assembly to ratify the Tengara Tax Reform Bill Tinubu President Tinubu was guided by a joint commitment for national development, not a partisan advantage. Read more …

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Akwa Ibom Gov, Umo Eno finally joined APC

In major political developments, Governor of Umo Eno from Akwa Ibom State has officially announced his purchases from the Democratic Party (PDP) of the people to the Congress of All Progressive (APC), marking dramatic changes in the political alignment of the state. The governor made a declaration on Friday during the press briefing held at the government building in Uyo, …

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Fact Check: Does Tinubu ordered Disbursement ₦ 50K as a Sallah cash prize?

Claiming: The Tinubu Ball President has ordered the disbursement of ₦ 50,000 to citizens as sallah cashgift. Indictment: FALSE. Complete text: A virus broadcast on WhatsApp claimed that President Tinubu had ordered the disbursement of 50,000 for citizens in the celebration of Muslim Festival, Eid al -Fitr. Claims began to circulate only a few hours until the Day of the …

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Tinubu urged faith in reform, seeking prayers for troops in Eid al -Fitr messages

President Tinubu Bola has convinced the Nigerians that this nation is on the road to recovery, calling for patience, unity, and sustainable prayer when the country marks the celebration of 2025 Eid-El-Kabir. In Sallah’s message delivered on Thursday, Tinubu acknowledged the difficulties caused by economic reform but stated that the worst was now over. “We may not be in the …

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The top 10 stories from all Nigerian newspapers, Thursday, June 5

The following is the top story in all state newspapers 1. DSS is afraid that the government of Utomi’s shadow will trigger other #Endsars protests, heading to court The State Service Department (DSS) has asked the Federal High Court in Abuja to arrest the former presidential candidate, Professor Patrick Utomi, from making a public statement or demonstrating in connection with …

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DSS is worried that the government of Utomi’s shadow will trigger other #Endsars protests, heading to the court

The State Service Department (DSS) has asked the Federal High Court in Abuja to arrest the former presidential candidate, Professor Patrick Utomi, from making a public statement or demonstrating in connection with his plan to build a “shadow government” in Nigeria. The request, which was submitted on Wednesday, through a legal team led by Nigerian senior advocate, Akinlolu Keminde, came …

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Fact-Check: Does the militant take over the river as a pro-IPOB Facebook page claim?

Claiming: Militants have taken over Rivers State. Indictment: FALSE. Complete textOn May 16, a post on the Facebook page claim that militants have taken over Rivers State. “Militants have taken over the Rivers state government building, with 56 military personnel confirmed dead. Administrator Sole Sole has been captured by militants,” the post rang in part. Some images attached to the …

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