#featured

The Nigerian equity market closed the week well as investors gained N119 billion at the end of trading on Friday. This follows the soaring prices of shares such as Eterna, Premier Paints, and Union Dicon, among others, on the stock exchange floor. The benchmark All-Share Index (ASI) index increased to 196,968.15 points from 196,807.15 points recorded the previous day. After …

A violent armed group has claimed responsibility for the attack that devastated Ngoshe community in Gwoza Local Government Area of ​​Borno State, declaring that it had “conquered” the town after a night of bloodshed that left dozens of soldiers and civilians dead and more than 300 residents kidnapped. The attackers stormed the community on Wednesday evening, reportedly setting fire to …

Former Aviation minister, Stella Oduah, former aviation minister, has initiated steps to effect the recovery of N2.4 billion alleged fraudulent proceeds allegedly linked to her in a lawsuit filed against her. Oduah, along with Gloria Odita, faces a five-count indictment that includes allegations of fraud, false pretenses and criminal breach of trust. Both defendants pleaded not guilty to the charges. …

Here are the top ten stories from across the country. 1. The real reason poverty is rampant in Nigeria —Peter Obi Former Anambra State Governor Peter Obi says the problem of poverty in Nigeria does not lie in a lack of resources, but in the choices the country makes.Read more 2. FEC approves new gratuity plan for federal workers The …

The Federal Executive Council (FEC) has approved a new exit benefit scheme that provides federal civil servants with pension benefits equivalent to 100 percent of their total annual salary. This was disclosed by the Office of the Chief Civil Service Officer of the Federation in a statement by Mrs Eno Olotu, Director of Press and Public Relations, on Thursday in …

Former Anambra State Governor Peter Obi says the problem of poverty in Nigeria does not lie in lack of resources, but in the choices the country makes. He said a country blessed with oil, gas and a large and energetic population should not experience the hardships that Nigeria is experiencing. According to him, the real problem is leadership and a …

The equity market recovered from yesterday’s slump as investors gained N220 billion by the end of trading on Thursday. This follows the soaring prices of shares such as Eterna, NPF Microfinance Bank, and Premier Paints on the stock exchange floor. The benchmark All-Share Index (ASI) index increased to 196,807.15 points from 196,463.22 points on the previous trading day. After five …

Here are the top ten stories from across the country. 1. Dangote refinery increases ex-depot price of petrol to N875 amid surge in crude oil prices Dangote Oil Refinery has increased the gantry price of Premium Motor Spirit (PMS) by N101, pushing the ex-depo rate from N774 to N875 per litre, a move that is expected to impact the national …

Nigeria’s foreign exchange reserves recorded a sharp increase by the end of 2025, with net reserves reaching $34.80 billion, according to Central Bank Governor Olayemi Cardoso. In a statement issued by the CBN on Monday, Cardoso explained that gross and net reserves showed “significant increases by the end of 2025, reflecting stronger external sector fundamentals and ongoing policy reforms.” He …

The newly confirmed Inspector General of Police, Tunji Disu, on Wednesday, inaugurated a committee to develop a framework for the establishment of state police forces in Nigeria. The move follows President Bola Tinubu’s call for constitutional amendments to decentralize the police, which he said would improve grassroots community security and improve rapid response to threats. Speaking at the inauguration, Disu …