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Investors lost N157 billion as equity market capitalization reduced slightly. The market strengthened in two of the five trading sessions as equity capitalization fell to N128.9 trillion from N129.1 trillion recorded last week. The All-Share Index (ASI) depreciated by 0.12% closing the week at 200,913.06 points from 201,156.86 points recorded in the previous week. The Nigerian equity market started the …

Investors in the Nigerian equity market lost N29 billion at the close of trading on Friday. This follows the fall in the prices of shares such as Legend Internet, Zichis and MC Nichols, among others, on the stock exchange floor. The benchmark All-Share Index (ASI) fell to 200,913.06 point of 200,957.89 points recorded on the previous day. After five hours …

Here are the top ten stories from across the country 1. Tensions in the health sector peaked as workers protested against the reform bill in Abuja Tensions in Nigeria’s health sector escalated on Thursday when workers under the Joint Health Sector Union and the Assembly of Associations of Health Services Professionals took to the streets in Abuja, protesting against a …

At the center of the dispute is whether the opposition party should align, directly or indirectly, with Tinubu, who is expected to seek a second term on the platform of the All Progressives Congress (APC). This issue has further exacerbated the divisions between the two dominant factions in the PDP. On one side is the camp led by former Minister …

President Bola Tinubu, members of the Federal Executive Council, 32 state governors and over 8,400 delegates will gather in Abuja for the All Progressives Congress (APC) National Convention to be held on Friday and Saturday. The landmark event is expected to attract party leaders from across the board—national, zonal, state and regional levels—as the ruling party prepares to elect a …

Tensions in Nigeria’s health sector escalated on Thursday as workers under the Amalgamated Health Sector Union and the Assembly of Associations of Health Services Professionals took to the streets in Abuja, protesting against a controversial reform bill currently being tabled in the National Assembly. Protesters gathered at the Unity Fountain in Maitama, voicing strong opposition to the proposed law, which …

Justice Hamza Muazu of the Federal Capital Territory (FCT) High Court on Thursday acquitted former Aviation Minister, Stella Oduah and her former aide, Gloria Odita of N2.5 billion fraud. The judge dismissed the two after the Economic and Financial Crimes Commission (EFCC) informed the court of its decision to dismiss the case based on a plea bargain. However, prosecutors filed …

Investors in the Nigerian equity market earned N21 billion at the close of trading on Thursday. This follows a surge in the prices of shares such as Legend Internet, Zichis and Premier Paints, among others, on the stock exchange floor. The benchmark All-Share Index (ASI) index increased to 200,957.89 points from 200,925.75 points on the previous trading day. After five …

Here are the top ten stories from across the country 1. Salami faults Obi’s 2023 candidacy, blaming judicial irregularities for controversial decision Former Chief Justice of the Court of Appeal, Isa Ayo Salami, has sparked fresh debate over the 2023 general elections, by stating that Peter Obi should not be allowed to contest the presidential election under the Labor Party.Read …

The Labor Party (LP) has officially assigned its presidential candidate for the 2027 elections to Southern Nigeria, excluding presidential candidates from the Northern region, and the party also scored a legal victory by rejecting a challenge to its current leadership. Chairperson of the party’s National Caretaker Committee, Esther Nenadi-Usman, revealed the development in Abuja following a consultative meeting with the …