Investors in the Nigerian equity market gained N696 billion in early trading on Tuesday. This follows a surge in the prices of shares such as Bua Cement, Premier Paints and Zenith Bank, among others, on the stock exchange floor. The benchmark All-Share Index (ASI) index increased to 202,559.41 points from 201,474.89 points recorded on the previous trading day. After five …
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Tinubu orders ministers and other political appointees with 2027 ambitions to resign by March 31
President Bola Tinubu has ordered all political appointees in his government who are running for the 2027 elections to resign by March 31. This was disclosed by the Secretary to the Government of the Federation, George Akume, in a circular issued by the Permanent Secretary of the Public Service Office, Dr. Ibrahim Kana, on Wednesday in Abuja. The directive, according …
Read More »Tinubu arrives in the UK for a state visit
President Bola Tinubu on Tuesday arrived in the UK for an important state visit. The presidential plane carrying Tinubu’ and his wife, Oluremi, landed at Stansted Airport at 15.23 local time to mark the official start of high-level diplomatic engagements. Special Advisor to the President for Media and Public Communications, Mr. Sunday Dare, confirmed the development in a post on …
Read More »Top 10 stories from all Nigerian Newspapers, Tuesday, March 17
Here are the top ten stories from across the country 1. Tinubu leaves for England for a state visit hosted by King Charles III President Bola Tinubu will leave Abuja on Tuesday for an official state visit to the UK following an invitation from King Charles III and Queen Camilla.Read more 2. Tinubu swears in Oyedele as minister President Bola …
Read More »Top 10 stories from all Nigerian Newspapers, Monday, March 16
Here are the top ten stories from across the country 1. Nigerian government accuses mining company of plot to embarrass Tinubu in the UK The Federal Government accused a mining company, Jupiter Ltd, of planning to sponsor a “slander campaign” against President Bola Tinubu during his planned state visit to the UK.Read more 2. ‘Investigate alleged ₦5.9 billion spent to …
Read More »Bala Mohammed’s Bauchi government may ditch the PDP for the APC
Barring a last-minute change of plans, it appears that Bauchi State governor, Bala Mohammed may succumb to pressure, as he is reportedly set to ditch the opposition Peoples Democratic Party (PDP) and join the ruling All Progressives Congress (APC). The governor is expected to announce his intentions tomorrow (Tuesday). Mohammed, along with Seyi Makinde of Oyo State, remain the only …
Read More »Equities started the week at record highs as investors pocketed N1.9 trillion
Investors in the Nigerian equity market earned N1.96 trillion at the start of trading on Monday. This follows a surge in the prices of shares such as Bua Cement, Premier Paints and John Holt, among others, on the stock exchange floor. The benchmark All-Share Index (ASI) index increased to 201,474.89 points from 198,407.3 points on the previous trading day. After …
Read More »Tinubu left for England for a state visit hosted by King Charles III
President Bola Tinubu will leave Abuja on Tuesday for an official state visit to the UK following an invitation from King Charles III and Queen Camilla. Plans for the visit were announced on Monday in a statement issued by the President’s Special Adviser on Information and Strategy, Bayo Onanuga. According to the statement, the Nigerian leader will travel with the …
Read More »Nigeria’s inflation drops to 15%
The National Bureau of Statistics (NBS) said on Monday that Nigeria’s inflation rate decreased slightly from 15.1 percent in January to 15.06 percent in February. The development was contained in the NBS consumer price index (CPI) report for February, released in Abuja. According to the statistics agency, the CPI, which measures the rate of change in prices of goods and …
Read More »Prem Paint, Conoil, Bua Cement and others emerge as stocks to watch
Investors in the Nigerian stock market earned N924 billion at the close of trading last week. This follows growth in equity capitalization to N127.3 trillion from N126.4 trillion recorded in the previous week. Likewise, the All-Share Index (ASI) which appreciated 0.73% closed the week at 198,407.30 points from 196,968.15 points recorded in the previous week. The market performance was supported …
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