Investors earned N3.32 trillion as equity markets continued to grow rapidly. The market strengthened in three of the five trading sessions. The market value increased to N160 trillion from N157 trillion recorded last week, while the All-Share Index (ASI) appreciated by 2.27% to close the week at 250,330.92, up from 244,775.83 points recorded in the previous week. The Nigerian equity …
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Top 10 stories from all Nigerian Newspapers, Saturday 16 May
Here are the top ten stories from across the country 1. The Wike-led PDP presidential candidate praised Tinubu’s economic policies A presidential candidate from the Peoples Democratic Party (PDP) faction loyal to Nyesome Wike, Sandy Onor supports the removal of fuel subsidies by President Bola Tinubu, describing it as a bold move that releases funds for national development.Read more 2. …
Read More »Nigerian inflation up to 15.69%
The agency said the food inflation rate in the country in April 2026 was at 16.06 percent on a year-on-year basis. It is said that the food inflation rate was at 24.68 percent in the same month last year; namely April 2025. “On a monthly basis, the food inflation rate in April 2026 was 3.63%, down 0.54% points compared to …
Read More »NGX: Equity markets plunge further, as investors lose N1.2tr
Investors in the Nigerian equity market lost N1.2 trillion at the close of trading on Friday. This follows the fall in the prices of shares such as Zichis, FTN Cocoa, and TIP on the stock exchange floor. The benchmark All-Share Index (ASI) fell to 250,330.92 points from 252,243.11 points the previous day. After five hours of trading on the capital …
Read More »Nigeria’s inflation rate rose to 15.67% in April
Nigeria’s headline inflation rate rose slightly to 15.69 percent in April 2026, from 15.38 percent recorded in March 2026, according to the latest Consumer Price Index report released by the National Bureau of Statistics (NBS$. But the bureau said the latest figures showed a sharp decline when compared with the 26.82 percent recorded in April 2025. The report follows the …
Read More »Gbajabiamila opened up about Obasa’s crisis, saying Desmond Elliot almost lost his position as chief of staff
President Bola Tinubu’s Chief of Staff, Femi Gbajabiamila, has revealed how the political turmoil surrounding the leadership crisis in the Lagos State House of Assembly almost cost him his position in the presidency over allegations linking actor-turned-lawmaker Desmond Elliot to the controversy. Gbajabiamila made the shocking revelation on Thursday at a stakeholders meeting in the constituency in Lagos, where he …
Read More »Top 10 stories from all Nigerian Newspapers, Friday 15 May
Here are the top ten stories from across the country 1. Makinde declares 2027 presidential ambitions Oyo State Governor, Seyi Makinde, on Thursday declared his efforts to contest the 2027 presidential election under the platform of the Allied Peoples Movement (APM).Read more 2. Presidency 2027: PRP, Kwankwaso camps clash over alleged demand for automatic tickets New controversy has emerged ahead …
Read More »Top 10 stories from all Nigerian Newspapers, Thursday 14 May
Top 10 stories from all Nigerian Newspapers, Thursday 14 May Here are the top ten stories from across the country 1. Court sentences former Minister of Power, Saleh, to 75 years in prison for N22 billion project fraud Judge James Omotosho of the Federal High Court, has sentenced former Minister of Power, Saleh Mamman to 75 years in prison for …
Read More »NGX: Study Africa, Fidson suffered the biggest loss as investors lost N383 billion
Investors in the Nigerian equity market lost N383 billion at the close of trading on Thursday, halting the recent bullish run. This follows a plunge in the prices of shares such as Learn Africa, Fidson and Austin Laz, among others, on the stock exchange floor. The benchmark All-Share Index (ASI) fell to 252,243.11 points from 252,508.19 points the previous day. …
Read More »2027: Governor Makinde will run for president under APM
Oyo State Governor, Seyi Makinde, has officially declared that he will contest to take over as President Bola Tinubu in the 2027 elections. Makinde stated on Thursday that he would do this under the banner of the Allied People’s Movement (APM). The governor announced this at a public meeting held at Mapo Hall in Ibadan, the state capital, finally ending …
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