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Investors in the Nigerian equity market earned N541 billion at the close of trading on Thursday. This follows a surge in the prices of shares such as Presco, UACN, and Morison, among others, on the stock exchange floor. The benchmark All-Share Index (ASI) index increased to 196,908.76 point of 125,857.53 points recorded on the previous trading day. After five hours …

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. In the Senate, nine lawmakers from various political parties defected to the African Democratic Congress (ADC), while 12 lawmakers in the lower house also left their respective parties for different parties. Their defection letters were …

Here are the top ten stories from across the country 1. Senate confirms Oyedele as junior finance minister The Senate on Wednesday confirmed the appointment of Taiwo Oyedele as Minister of State for Finance.Read more 2. ADC launches platform to mobilize Nigerians against APC by 2027 The African Democratic Congress (ADC) has launched a platform to mobilize Nigerians at all …

Fresh divisions have emerged within the Peoples Democratic Party (PDP) after a faction allied to Federal Capital Territory Minister, Nyesom Wike set terms for reconciliation with a rival group led by Taminu Turaki, even as tensions continue to rock the opposition party. The interim committee controlling the party structure, headed by Abdulrahaman Muhammed with Samuel Anyanwu as secretary, is widely …

The Federal Government of Nigeria has warned that the escalating crisis in the Middle East could trigger a new economic shock for Nigeria through rising energy prices, disruptions in global supply chains and shifting capital flows. Authorities said they were monitoring developments closely and were ready to adjust economic policies if necessary to limit potential disruption, maintain investor confidence and …

The former governor of Sokoto State, and now senator representing Sokoto south has resigned his membership of the Peoples Democratic Party (PDP). The senator has moved to the newly formed African Democratic Congress (ADC). ALSO READ: Real Madrid, Bodo, PSG take a big lead in the first leg of the UCL round of 16 He expressed this in a letter …

Here are the top ten stories from across the country 1. Nigerian government knows every terrorist by name and location, says Gumi (Video) Islamic scholar, Sheikh Gumi, has made damning allegations, claiming, that the Federal Government of Nigeria knows every terrorist by their name and location.Read more 2. Tinubu writes to Senate to screen, confirm tax reform boss, Oyedele, former …

Minister of Aviation and Aerospace Development, Festus Keyamo, has approved the introduction of a hybrid payment system for motorists entering airport access gates across the country. This development was announced in a statement by the Special Advisor to the Minister for Media and Communications, Mr. Tunde Moshood. According to the statement, the directive was issued after Keyamo held a meeting …

Under the new pricing framework, the PMS gantry price has been reduced from ₦1,175 to ₦1,075 per liter—a reduction of ₦100. Prices in coastal areas have also been adjusted down from ₦1,150 to ₦1,028 per litre, representing a decrease of ₦122. The price of diesel has also been reduced from ₦1,620 to ₦1,430 per litre, which amounts to a cut …

Investors in the Nigerian equity market lost N107 billion at the close of trading on Wednesday. This follows the fall in the prices of shares such as Presco, UACN, and Morison, among others, on the stock exchange floor. The benchmark All-Share Index (ASI) fell to 125,857.53 points from 196,066.11 points recorded on the previous trading day. After five hours of …