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Bearish sentiment survives in the equity market, removing the N208 billion from the market capitalization in the Nigerian Xchange Group (NGX) in the new trading Sunday. Ripples Nigeria reported that investors recorded N440 billion losses in the previous week. In the new trading Sunday, the equity market opened for four days, getting two and lost in two trading sessions while …

International Monetary Funds (IMF) on Friday call for strict monetary policy to reduce Nigerian inflation. The head of the IMF mission for Nigeria, Axel Schimmelpfennig, made a call in a statement after his visit to hold a discussion for consultation Article IV 2025 with Nigeria. Schimmelpfennig led the IMF team to Lagos and Abuja from 2 to 15 April. He …

Tinubu Bola President on Friday promises a better and more prosperous country for Nigerians. The President gave a guarantee in the Easter message available to journalists in Abuja with special advisors about information and strategies, Bayo Onanuga. Tinubu reiterated his commitment to his promise about new hopes, a better, more just, and prosperous Nigeria for all. He said the holy …

A former Governor of the State Ekiti, Ayo Fayose, on Friday rejected the coalition of the political party’s political party ahead of the 2027 general election as a waste of time. Some opposition elements led by former Vice President Atiku Abubakar formed a coalition last month in an effort to defeat the President of the Tinubu Bola in the next …

Federal Capital Region Minister (FCT), Nyesom Wike, has questioned the readiness of the people’s Democratic Party (PDP) to challenge all Progressive Congress (APC) in the 2027 general election, describing the opposition party as lack of cohesion and seriousness. Speaking during Parley Media directly in Abuja on Friday, Wike, a former governor and supporter of the PDP who is now serving …

Here are the 10 top stories that become headlines throughout the country today. 1. AFDB boss, Adesina, identify the causes of African economic stagnation African Development Bank President (AFDB), Dr. Akinwumi Adesina, has renewed her call so that African countries freed themselves from the poverty cycle by stopping exports of raw materials and embracing industrialization through the addition of values. …

Investors at the Nigerian equity market obtained N240 billion at the close of trade on Thursday. This follows the surge in stock prices such as Abbey Mortgage Bank, Nigeran Breweries and ABC Transport, among others, on the trading floor. After five hours of trading in the capital market, the capitalization of equity rose to ₦ 65.4 trillion from ₦ 65.2 …

African Development Bank President (AFDB), Dr. Akinwumi Adesina, has renewed her call so that African countries freed themselves from the poverty cycle by stopping exports of raw materials and embracing industrialization through the addition of values. In a post that was shared on Thursday through its official account X (previously Twitter), Adesina described the ongoing export of commodities that had …

Here are the 10 top stories that become headlines throughout the country today. 1. The abolition of the Lagos Obasa court, the Slams Council procedure The Lagos State High Court in Ikeja, on Wednesday, stated that the abolition of Mudashiru Obasa as Chairman of the State Council of the Lagos Council was not constitutional, making trials that led to the …

The Nigerian equity market continued the flip-flop movement because investors lost the N445 billion at the close of trade on Wednesday. This follows the decline in stock prices such as IMG, Guinea Insurance, and Updcreit, among others, on the trading floor. After five hours of trading in the capital market, the capitalization of equity fell to ₦ 65.2 trillion from …