As the 2027 Elections draw near, former two-term lawmaker in the Lagos State House of Representatives, Jude Idimogu, has stated that a Muslim/Christian Presidential candidate for his party, the ruling All Progressives Congress (APC) in 2027, would be a better choice. Idimogu, who represents Oshodi/Isolo 2 Constituency in the Lagos House, in a press statement on Saturday, emphasized that although …
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NGX ROUNDUP: Market capitalization jumps by N8.6tr as equities boom
Investors gained N8.6 trillion as equity market capitalization soared in the just ended trading week. The market strengthened in all five trading sessions. The market value increased to N139.8 trillion from N131.1 trillion recorded last week while the All-Share Index (ASI) appreciated by 6.57% closing the week at 217,167.57 points up from 203,770.43 points recorded the previous week. The Nigerian …
Read More »Top 10 stories from all Nigerian Newspapers, Friday, April 17
Here are the top ten stories from across the country 1. Tinubu signs the 2026 Appropriation Bill, an extension of the 2025 budget President Bola Ahmed Tinubu on Friday approved the 2026 Appropriation Bill, which sets aggregate expenditure at ₦68.32 trillion.Read more 2. Nigeria rejected the IMF’s offer to provide $50 billion in loans to struggling countries Minister of Finance …
Read More »Top 10 stories from all Nigerian Newspapers, Friday, April 17
Here are the top ten stories from across the country 1. 2017: Tinubu’s aide, Bwala, mocks his former boss, Atiku Special Adviser to the President on Policy Communications, Daniel Bwala, mocked former Vice President Atiku Abubakar’s comments about his intention to oust the president in the 2027 elections.Read more 2. Paying salaries, building flyovers is not an achievement, Zamfara government …
Read More »Tinubu signs the 2026 Appropriation Bill, an extension of the 2025 budget
President Bola Ahmed Tinubu on Friday approved the 2026 Appropriation Bill, which sets aggregate expenditure at ₦68.32 trillion. He has also signed a bill extending the implementation period for the 2025 budget from March 31, 2026 to June 30, 2026. The N68.32 trillion budget for this year allocates N4.799 trillion for statutory transfers and N15.8 trillion for debt servicing. The …
Read More »Tinubu sends message to opposition, says ‘you can’t scare me’
President Bola Ahmed Tinubu on Thursday sent a message to opposition figures and political parties who want to contest the 2027 elections with him. The President, while hosting a delegation of New Hope Ambassadors led by Imo State Governor Hope Uzodimma at the State House, said he was not afraid of the competition. He said: “They want to scare me? …
Read More »INVESTIGATION: Abandoned ₦14bn Wamba-Wanse road project deepens hardship in Nasarawa communities
The Wamba-Wanse road is a vital link between residential areas, schools, hospitals, and markets in Angwan Rimi community and other neighboring villages in Nasarawa State. But for decades, this road has remained in ruins. The federal government approved ₦14 billion for the construction of the 49-kilometre project, awarded it to Uniglobe Construction Engineering Limited in 2014, and set a completion …
Read More »MIDDLE EAST CRISIS: IMF urges Nigeria and other countries to use windfall wisely and prepare for economic shocks
The International Monetary Fund (IMF) has advised Nigeria and other crude oil exporting countries to ensure that funds obtained from price increases resulting from the United States-Israel-Iran conflict are put to good use to protect against similar economic shocks in the future. The IMF explained that with rising debt in many countries, fiscal policy must be responded to carefully, providing …
Read More »2017: Tinubu’s aide, Bwala, mocks his former boss, Atiku
The Special Adviser to the President on Policy Communications, Daniel Bwala, has mocked former Vice President Atiku Abubakar’s comments about his intention to oust the president in the 2027 elections. Atiku in a recent interview stated that it would be difficult for a coalition of one candidate to defeat President Bola Tinubu, and instead suggested a coalition of candidates from …
Read More »NGX: Equity capitalization further increases as investors gain N1.6tr
Investors in the Nigerian equity market earned N1.66 trillion at the close of trading on Thursday. This follows a surge in the prices of shares such as Guinea Insurance, Trans Express and Aradel, among others, on the stock exchange floor. The benchmark All-Share Index (ASI) index increased to 211,901.01 points from 209,317.41 points the previous day. After five hours of …
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