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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 …

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 …

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, …

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 …

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 …

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 …

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 …

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 …

National Rivers State Governor, Siminalayi Fubara, has directed the 23 local government chairmen in the state to hand over the posts to the administrative heads of their various councils. Fubara gave the guidance in a statewide broadcast Tuesday morning. READ ALSO: Rivers Fubara Assembly faction confirms eight commissioner candidates The order was issued after the end of the terms of …

Rivers State is on edge as the term of office of local government chairmen ends today, June 17, at midnight, with the chairmen refusing to leave office despite warnings from Governor Siminalayi Fubara. The Association of Local Governments of Nigeria (ALGON) chairmen are relying on a controversial law passed by the State House of Assembly, which extends their term of …