#featured

NGX: Equity markets started with a profit of N57b for investors

The Nigerian equity market started the week positively on Monday September 30, 2024 as investors made N57 billion at the end of trading on the floor of the Nigerian Exchange Group (NGX). This follows a surge in share prices, including AFRIPRUD (Africa Prudential Plc), ABBEYBDS (Abbey Mortgage Bank Plc) and NSLTECH (Secure Electronic Technology) on the trading floor. After five …

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INVESTIGATION… All roar and no bite: Exposing Nigeria’s toothless election laws

For many Nigerians, electing a leader of unquestionable legitimacy — one chosen through free and fair elections, unmarred by violence and other criminal violations of election laws — will provide, at long last, national pride and faith in the electoral process as a genuine representation of the people’s decisions. But the 2023 general election is considered one of Nigeria’s most …

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SERAP urges INEC boss, Yakubu, to comply with court orders to prosecute election violators or face contempt charges

The Socio-Economic Rights and Accountability Project (SERAP) has urged Professor Mahmood Yakubu, Chairman of the Independent National Electoral Commission (INEC) “to immediately and effectively enforce the decision ordering INEC to pursue bribery cases against state governors and deputies them, and others. election violations committed in the 2023 election.” The judgment was delivered on July 18, 2024 by Hon. Justice Obiora …

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The Nigerian government is monitoring the organizer of the #FearlessInOctober protest — Onanuga

The Federal Government says it is monitoring organizers of the #FearlessInOctober protest scheduled for Tuesday, October 1, to ensure that the protest does not turn into rioting. The #FearlessInOctober protest was part of the #EndBadGovernance protests in August across the country that spoke out against the excruciating hardship, hunger and poverty in the country as a result of government policies …

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Top 10 news stories from all Nigerian Newspapers, Sunday, September 29, 2024

Here are the top 10 stories making headlines across the country. 1. Peter Obi urges global leaders to address pressing challenges in Africa Peter Obi, the Labor Party’s Presidential Candidate in the 2023 elections, on Saturday, stressed the need for bold and transformative leadership to address Africa’s pressing challenges.Read more 2. Sanwo-Olu promised to support Edo governor-elect on the Lagos …

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INVESTIGATION: With billions of dollars spent on borehole projects, Borno communities are still experiencing water scarcity

Based on the budget, the Borno State government has invested billions of naira to construct boreholes. However, findings by IMRAN RIDWAN shows that people in the state still need water On a cloudy Saturday afternoon in August 2024, in Dala Daleri community in Jere Local Government area of ​​Borno State, a small child of about nine years old was seen …

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Top 10 news stories from all Nigerian Newspapers, Saturday, September 28, 2024

Here are the top 10 stories making headlines across the country. 1. EFCC arrests former Governor Darius Ishaku over alleged N9.3 billion fraud The Economic and Financial Crimes Commission (EFCC) has arrested former governor of Taraba State, Darius Ishaku, over alleged N9.3 billion fraud.Read more 2. Edo government defends record amid calls for Oshiomhole inquiry The Edo State Government on …

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NGX WEEKLY ROUND-UP: Investors reap N121.07 billion profit

Investors in the Nigerian equity market enjoyed a profitable trading week earning N121.07 billion on Nigerian Xchange Group (NGX) as equity capitalization rose to N56.78trn from N56.46trn in the previous week. This follows an increase of N454.86 billion in the previous week. The stock exchange recorded gains on three of the five trading days of the week Market capitalization rose …

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