A faction in the African Democratic Congress (ADC) has raised fresh concerns over the direction of the Independent National Electoral Commission (INEC), warning that the decision could effectively rule the party out of the upcoming elections. Speaking on Monday, the National Publicity Secretary of the faction, Bolaji Abdullahi, said the situation stemmed from INEC’s refusal to accept official correspondence from …
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Multiverse, UPDC REIT, Intenegins and others lead the stocks to watch this week
Investors in the Nigerian capital market earned N837 billion at the close of trading last week. This follows growth in equity market capitalization to N129.8 trillion from N128.9 trillion in the previous week. The All-Share Index (ASI) also appreciated by 0.39% to close the week at 201,698.89 points, up from 200,913.06 points recorded in the previous week. The market performance …
Read More »Top 10 stories from all Nigerian Newspapers, Monday, April 6
Here are the top ten stories from across the country 1. ADC appoints foreign envoys to expose alleged undemocratic actions by the Nigerian government The African Democratic Congress (ADC) says it has appointed envoys in 12 foreign cities to draw attention to Nigeria’s democracy and the government’s actions.Read more 2. Atiku engages US lobbyist in $1.2m image-boosting campaign – Report …
Read More »EASTER: Terrorists attack Kaduna church, 7 people killed, many kidnapped
Seven people were reportedly killed, and many others kidnapped, after terrorists attacked two churches in Ariko community in Kachia Local Government Area of Kaduna State. The attack, which occurred early Sunday morning, targeted First ECWA Church and St. Mary’s Catholic Church. Augustine, both located in Ariko. Sources said poor telecommunications coverage in the area may have allowed the attackers to …
Read More »Tinubu approved a ₦3.3 trillion debt settlement plan to overhaul the power sector
President Bola Tinubu has given the green light to a ₦3.3 trillion repayment framework designed to pay off long-term liabilities in Nigeria’s power sector and improve electricity supply across the country. The initiative targets the accumulation of old debt between February 2015 and March 2025 under the President’s Power Sector Financial Reform Program, with the government adopting a comprehensive resolution …
Read More »ADC appointed foreign envoys to expose alleged undemocratic actions by the Nigerian government
The African Democratic Congress (ADC) said it has appointed envoys in 12 foreign cities to draw attention to Nigeria’s democracy and the government’s actions. The party also noted that the initiative aims to expose “a growing pattern of undemocratic practices and attacks on opposition members” in Nigeria. This was announced on Saturday by the party’s National Publicity Secretary Bolaji Abdullahi. …
Read More »SERAP sued the CCB over its failure to investigate alleged changes to election laws and tax reforms by lawmakers
The Socio-Economic Rights and Accountability Project (SERAP) has filed a lawsuit against the Code of Conduct Bureau (CCB) over its “failure to investigate allegations that certain MPs improperly removed key sections regarding the electronic transmission of election results from the Election Law (Amendment) Bill during the plenary session, and unlawfully changed several aspects of the tax reform law.” In the …
Read More »Top 10 stories from all Nigerian Newspapers, Sunday, April 5
Here are the top ten stories from across the country 1. LEADERSHIP DISPUTE: ADC accuses INEC of overreaching The African Democratic Congress (ADC) has accused the Independent National Electoral Commission (INEC) of going beyond its constitutional rules, in light of the leadership crisis rocking the party.Read more 2. Atiku, Tinubu’s aide ‘fights’ on social media Media advisor to former vice …
Read More »Top 10 stories from all Nigerian Newspapers, Saturday, April 4
Here are the top ten stories from across the country 1. Tinubu orders deployment of AI-enabled cameras to tackle killings in Plateau President Bola Ahmed Tinubu on Thursday visited Plateau State following the recent killings and he assured residents of the Federal government’s resolve to stem the tide of deadly attacks in the state.Read more 2. The Labor Party is …
Read More »NGX ROUNDUP: Equity markets recover as capitalization surges by N837 billion
Investors gained N837 billion as equity market capitalization recovered from a slight slump last week. The market strengthened in two of the four trading sessions as the market value increased to N129.8 trillion from N128.9 trillion recorded last week. The All-Share Index (ASI) appreciated by 0.39% to close the week at 201,698.89 points, up from 200,913.06 points recorded in the …
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