Investors in the Nigerian capital market earned N505 billion at the close of trading last week. The market value rose to N160.509 trillion from N160.004 trillion recorded in the previous week. Likewise, the All-Share Index (ASI) appreciated by 0.27% to close the week at 250,385.47, up from 249,712.37 points recorded 14 days ago. The market performance was driven by the …
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‘Refer Nigeria to Security Council over kidnappings and killings,’ SERAP urges UN Secretary General
The Socio-Economic Rights and Accountability Project (SERAP) has urged UN Secretary-General António Guterres “to immediately implement Article 99 of the UN Charter and bring the growing insecurity in Nigeria—characterized by mass kidnappings, killings, attacks on civilians, mass displacement, and other serious human rights violations—to the attention of the UN Security Council.” SERAP said, “Growing insecurity and gross violations of human …
Read More »Former Minister Tuggar clarified his comments about Tinubu
Former Minister of Foreign Affairs, Amb. Yusuf Tuggar, has clarified his reported comments on President Bola Tinubu’s policies, saying he was not criticizing or questioning the President which was misrepresented in some reports. Tuggar also rejected the Hausa-language interpretation of the recent interview, describing it as a distortion of his statements. In a statement issued on Sunday in Bauchi by …
Read More »Top 10 stories from all Nigerian Newspapers, Sunday 31 May
Here are the top ten stories from across the country. 1. Governor considers N100K minimum wage The Nigerian Governors Forum (NGF) is considering a new national minimum wage of N100,000 to address the country’s economic woes.Read more 2. 2027: Makinde emerges as APM’s presidential candidate Oyo State Governor, Seyi Makinde, on Friday, emerged as the presidential candidate of the Allied …
Read More »The governor is considering a minimum wage of N100K
The Nigerian Governors Forum (NGF) is considering a new national minimum wage of N100,000 to address the country’s economic woes. Kwara State Governor, AbdulRahaman AbdulRazaq disclosed this in a Facebook post on Saturday. AbdulRazaq who is also Chairman of the NGF. said the proposal was driven by inflation, rising costs of living and increasing financial pressures on Nigerian workers. He …
Read More »NGX ROUNDUP: Equity markets rebound with N505 billion gain for investors
Investors gained N505 billion as the equity market recovered from last week’s bearish trading. The market strengthened in two of the three trading sessions due to the Eid al-Fitr holiday. The market value increased to N160.509 trillion from N160.004 trillion recorded last week, while the All-Share Index (ASI) appreciated by 0.27% to close the week at 250,385.47 up from 249,712.37 …
Read More »Top 10 stories from all Nigerian Newspapers, Saturday 30 May
Here are the top ten stories from across the country. 1. Your sacrifices were not in vain, Tinubu tells Nigerians on his 3rd anniversary President Bola Tinubu on Friday told Nigerians that the sacrifices made over the past few years were not in vain, as the country has stabilized and is moving forward again.Read more 2. Atiku visited Amaechi after …
Read More »Wike vowed to withdraw documents from hotels, event centers used by political parties without INEC’s knowledge
The Minister of the Federal Capital Territory (FCT) has warned owners of hotels and event centers in Abuja not to give their space to political parties that are not recognized by the Independent National Electoral Commission (INEC). He threatened to disenfranchise event centers, hotels and other public buildings that do not comply with this directive, offering their facilities for use …
Read More »NGX: Equity market returns from Salah holiday with N414 billion gain for investors
lInvestors in the Nigerian equity market gained N414 billion at the close of trading on Friday to return from the Eid holiday in bullish mode. This follows a surge in the prices of shares such as Sovereign Insurance, Zichis and Intenegins, among others, on the stock exchange floor. The benchmark All-Share Index (ASI) index increased to 250,385.47 points from 249,738.84 …
Read More »Your sacrifices were not in vain, Tinubu told Nigerians on his 3rd anniversary
President Bola Tinubu on Friday told Nigerians that the sacrifices made over the past few years were not in vain, as the country has stabilized and is moving forward again. The President expressed this in his message to the nation on the third anniversary of his administration. While acknowledging the economic hardships in the country, and the sacrifices that people …
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