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The Nigerian equity market fell further on Wednesday because investors lost the N713 billion at the close of trading that day. This follows the decline in the stock price of Guinness Nigeria PLC, CONOIL PLC, and Consolidation of PLC Hallmarks, among others, on the trading floor. The Benchmark All-Share Index (ASI) decreased to 141,566.30 points from 142,613.47 points recorded on …

The Federal High Court in Abuja has ordered a temporary freezing of four bank accounts owned by the Director of Past Group Implementation immediately from the Nigeria National Petroleum Company Limited (NNPCL), Mr. Mele Kyari. Judge Emeka Nwite gave an order on Tuesday after the Ex Parte application submitted by the Economic and Financial Crime Commission (EFCC). The Anti-Corruption Agency …

Here are the top 10 stories throughout the country. 1. The Government Forum launched the ‘Investopedia’ platform to display investment opportunities The Nigerian Governor Forum (NGF) on Tuesday launched Investopedia, a new investment platform aimed at opening capital, increasing work, accelerating infrastructure development, and stimulating economic growth throughout the country. Read more 2. Peter Obi warned the Nigerians against the …

The Nigerian currency, Naira, depreciated the US dollar in the official window on Monday, August 18, 2025. According to Nigerian Central Bank data (CBN), Naira was closed on N1, 533.67/$ 1 compared to N1, 532.51/$ 1 which was traded on Friday, August 15, 2025. This is the loss of N1.16 for local currencies against American Greenback. In the black market, …

Peter Obi, a presidential candidate from the Labor Party (LP) in the 2023 general election, has warned the Nigerians not to sell their votes, describing the practice as one of the biggest dangers for the country’s democratic system. In a statement that was distributed in his Handke X on Tuesday, the former Governor of the State Anambra said the purchase …

The Nigerian equity market fell on Tuesday, August 19, 2025, because investors lost N1.2 trillion on the trading floor. This follows the decline in stock prices from the Royal Exchange Assurance PLC (Royalex), Dangote Cement (Dangcem), and RT Briscoe (RTBRISCOE), among others, on the trading floor. The Benchmark All-Share Index (ASI) decreased to 142,613.47 points from 144,722.47 points recorded on …

The Nigerian Governor Forum (NGF) on Tuesday launched Investopedia, a new investment platform aimed at opening capital, increasing work, accelerating infrastructure development, and stimulating economic growth throughout the country. The launch, which took place in Abuja, was declared open by the Chairman of the NGF and the Governor of the State of Kwara, Abdulrahman Abdulrazaq, who was represented by his …

‘One year after four-year-old Zinachukwu Ugwu was gruesomely murdered by a co-tenant in their house at Umunwanwa, a quiet village in Nsukka, Enugu State, her family is still waiting for justice. They accuse the Nigerian Police Force of mishandling the case and allowing the wheels of justice to grind too slowly. What was supposed to be a straightforward investigation into a …

Activist Aisha Yesufu has criticized the Director General of the World Trade Organization, Ngozi Okonjo-iweala, for his statement praising the President of the Tinubu ball for stabilizing the Nigerian economy. This came after a similar comment by a former Labor Party President candidate, Peter Obi who also blamed the comments by Okonjo-iweala. In a post on X on Sunday, Yesufu …

The Socio-Economic Rights and Accountability Project (SERAP) has urged the Senate President, Godswill Akpabio, and the Chairperson of the House of Representatives, Tajudeen Abbas to “immediately refer the accusations paid by members of parliament to parliament members. Absorbing urged Mr. Akpabio and Mr. Abbas “to mention anyone who might be involved in the alleged bribery and to ensure the recovery …