The Defense Headquarters on Thursday confirmed a terror attack on a military base in Beniskeikh, Borno State by elements of the Islamic State West Africa Province (ISWAP) on Wednesday. Defense Headquarters in a statement issued in reaction to the incident, however, remained silent on reports that terrorists killed Brig. OO Braimah, Commander of the Joint Task Force Brigade at Benesheikh, …
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ADC Congress, convention to be held as planned, former chairman, Nwosu, avoided INEC position
Former national chairman of the African Democratic Congress (ADC) Ralph Nwosu, has insisted that his party will go ahead with its planned national congress and convention despite the current crisis in the leadership and position of the Independent National Electoral Commission (INEC). Nwosu made these remarks during an interview on Channels Television’s The Morning Brief on Thursday, stressing that his …
Read More »NGX: Investors expand gains, as equity markets add N55 billion
Investors in the Nigerian equity market earned N55 billion at the close of trading on Thursday. This follows the soaring prices of shares such as Trans Express, Intenegins and UPDC REIT, among others, on the stock exchange floor. The benchmark All-Share Index (ASI) index increased to 202,672.56 points from 202,585.53 points on the previous trading day. After five hours of …
Read More »The World Bank lowered its projections for Nigeria’s economic growth in 2026 and 2027
The World Bank has lowered its projection for Nigeria’s economic growth to an average of 4.1 percent in 2026. The projection for 2027 was also lowered to 4.2 percent. This figure is down compared to the projected growth of the Bretton Wood institutions in October 2025 of 4.4 percent. In its April 2026 Africa Economic Update titled ‘Making Industrial Policy …
Read More »Top 10 stories from all Nigerian Newspapers, Wednesday, April 8
Here are the top ten stories from across the country 1. David Mark, Obi, Kwankwaso, Aregbesola and others stormed INEC offices in protest Prominent political opposition figures, on Wednesday stormed the headquarters of the Independent National Electoral Commission (INEC) in Abuja, to protest the non-recognition of the National Working Committee of the African Democratic Congress (ADC) led by Senator David …
Read More »NGX: Investors made N390 billion in five hours
Investors in the Nigerian equity market earned N390 billion at the close of trading on Wednesday. This follows a surge in the prices of shares such as Universal Insurance, Omatek and VFD Group, among others, on the stock exchange floor. The benchmark All-Share Index (ASI) index increased to 202,585.53 points from 202,023.1 points on the previous trading day. After five …
Read More »Governor Bala of the PDP is on edge, as the APC Bauchi caucus rejects attempts to join the party
A move by one of the two remaining Peoples Democratic Party (PDP) governors to foray into the All Progressives Congress (APC) has met with resistance. The APC caucus in Bauchi State has vehemently rejected the move by the state governor, Bala Mohammed to join the party. The caucus stated its position in a conference on Tuesday evening following a meeting …
Read More »Top 10 stories from all Nigerian Newspapers, Wednesday, April 8
Here are the top ten stories from across the country 1. ADC faction announces plans for national convention; disowned Mark, Aregbesola and others The leadership crisis plaguing the African Democratic Congress (ADC) appears to have taken another turn, as a faction in the party led by former presidential candidate, Dumebi Kachikwu, has announced plans to hold a national convention and …
Read More »More problems for the ADC when a third faction emerges, appointing a new chairman
Troubles plaguing the African Democratic Party (ADC) escalated on Tuesday when another faction emerged claiming responsibility for the party’s leadership. The group of 25 state chairmen said they had taken over the party amid non-recognition of David Mark’s leadership by the Independent National Electoral Commission (INEC). The chairmen stated that they constituted the National Executive Committee (NEC) of the ADC, …
Read More »The PDP faction thwarted INEC to open the ground for alleged cash gifts from Wike
A faction in the Peoples Democratic Party (PDP) has challenged the Independent National Electoral Commission (INEC) to come clean on gifts of land and cash said to have been given to senior members of the commission by the Minister of the Federal Capital Territory, Nyesom Wike. The party in a statement issued Tuesday by Ini Ememobong, its National Publicity Secretary, …
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