#featured

‘Investigate alleged ₦5.9 billion spent to rename NNPC to NNPCL’, SERAP tells Tinubu

The Socio-Economic Rights and Accountability Project (SERAP) has urged President Bola Tinubu “to immediately direct the Attorney General of the Federation and Minister of Justice Mr Lateef Fagbemi, SAN, and appropriate anti-corruption agencies to immediately investigate the alleged expenditure of approximately ₦5.9 billion reportedly incurred for the rebranding of the Nigerian National Petroleum Corporation (NNPC) to the Nigerian National Petroleum …

Read More »

Top 10 stories from all Nigerian Newspapers, Sunday, March 15

Here are the top ten stories from across the country 1. Turaki-led PDP rejects claims of dissolution of Ondo, Ogun, Oyo excos The Tanimu Turaki-led National Working Committee (NWC) of the Peoples Democratic Party (PDP) has advised its members to ignore reports of the dissolution of elected executive committees in Ogun, Ekiti and Ondo States.Read more 2. Senator Adamawa dumps …

Read More »

Top 10 stories from all Nigerian Newspapers, Friday, March 13

Here are the top ten stories from across the country 1. Gail defections in National Assembly as 9 senators, 12 Reps dump party There were multiple defections in the National Assembly on Thursday when a total of 21 federal lawmakers dumped their various political parties for other parties.Read more 2. The court stopped Aiyedatiwa from running for another term Justice …

Read More »

Top 10 stories from all Nigerian Newspapers, Saturday, March 14

Here are the top ten stories from across the country 1. Keyamo declares ‘no turning back’ on cashless system. airport policy Minister of Aviation and Aerospace Development, Festus Keyamo, said on Friday that the Federal Government will continue its cashless policy at the country’s airports.Read more 2. ‘Unnecessary distractions,’ Governor Aiyedatiwa reacts to court ruling barring him from running for …

Read More »

NGX: Equity markets continue recovery as investors gain N924 billion

Investors earned N924 billion in the just ended trading week as the equity market continued to consolidate on last week’s bullish run. The market strengthened in three out of five trading sessions as equity capitalization increased to N127.3 trillion from N126.4 trillion recorded last week. The All-Share Index (ASI) appreciated 0.73% to close the week at 198,407.30 points from 196,968.15 …

Read More »

NGX: Equity markets ended the week on a high as investors pocketed N962 billion

Investors in the Nigerian equity market earned N962 billion at the close of trading on Friday. This follows a surge in the prices of shares such as UPL, Guinness and Royalex on the stock exchange floor. The benchmark All-Share Index (ASI) increased to 198,407.3 points from 196,908.76 points recorded the previous day. After five hours of trading on the capital …

Read More »

LIE! Obi rejected Bwala’s claim that he was asked to join the 2023 campaign

Peter Obi, former Labor Party (Nigeria) presidential candidate in the 2023 elections, has denied accusations of trying to recruit Daniel Bwala into his campaign team. Bwala, who is currently Special Adviser on Policy Communications to President Bola Ahmed Tinubu, claimed that Obi sought his involvement in the campaign through an approach allegedly facilitated by former president Olusegun Obasanjo. Responding to …

Read More »

Nigeria is strong enough to absorb the impact of the US-Iran conflict, the CBN government says

Governor of the Central Bank of Nigeria, Olayemi Cardoso, said Nigeria’s ongoing economic reforms have strengthened the country’s capacity to deal with possible shocks resulting from rising tensions in the Middle East. Cardoso made the remarks on Thursday while delivering the Distinguished Alumni Lecture at the Founders Day celebrations of St Gregory’s College Lagos in Lagos. He noted that the …

Read More »