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The Department of State Services (DSS) has reportedly granted administrative bail to Nigeria Labour Congress (NLC) President Joe Ajaero, following widespread condemnation of his arrest and detention. Ajaero was released on Monday evening, as announced by pro-democracy activist and African Action Congress presidential candidate Omoyele Sowore on social media. The NLC also confirmed to media crews that its leader had …

Officers of the Department of State Services (DSS) on Monday surrounded the offices of the Socio-Economic Rights and Accountability Project (SERAP) in Abuja. The NGO revealed this in a statement uploaded to its X account. He described the action as “unlawful occupation.” He urged President Bola Tinubu to immediately intervene to protect the rights of Nigerians. SERAP revealed in the …

The Nigerian equity market started the week on a negative note on Monday, September 9, 2024 as investors lost N111 billion at the end of the trading session. This follows a decline in share prices such as JBerger, Transpower, and UPL among others on the trading floor. After five hours of trading in the capital market, equity capitalization dropped to …

Julius Abure, the national chairman of the embattled Labour Party, has announced that the party’s presidential ticket for the 2027 elections will no longer be reserved exclusively for former candidate Peter Obi. Addressing a press conference after the party’s National Executive Committee (NEC) meeting in Abuja on Monday, Abure stated that the 2027 presidential ticket is now open to all …

The Nigerian Army has responded to recent claims of mass resignations among its personnel, stating that soldiers and other staff are free to resign in accordance with the procedures set out in the Harmonized Terms and Conditions of Service. The Army has denied allegations that the resignations were due to systemic corruption, inadequate welfare or low morale. In a statement …

The Socio-Economic Rights and Accountability Project (SERAP) has urged President Bola Tinubu to use his “position of leadership and authority to direct the Nigerian National Petroleum Corporation (NNPCL) to immediately reverse the apparent illegal and unconstitutional increase in the price of premium fuel oil (PMS), also known as petrol, across its retail outlets.” SERAP urged him to “order the Attorney …

Former Vice President and presidential candidate of the Peoples Democratic Party (PDP), Alhaji Atiku Abubakar has criticized the federal government over the planned increase in Value Added Tax (VAT), from 7.5% to 10% despite the hardships Nigerians have endured in the past one year. Atiku’s criticism comes after the Presidential Fiscal Policy and Tax Reform Committee (PFPTRC) chaired by Taiwo …

National leader and presidential candidate of the New Nigeria Peoples Party (NNPP), Rabiu Kwankwaso, has described the Peoples Democratic Party (PDP) as a dead party while boasting that he will win the 2027 presidential election. Kwankwaso, who expressed confidence of winning the 2027 presidential election while inaugurating the NNPP Secretariat in Katsina on Saturday, said his party was ready to …

Here are the top 10 stories making headlines across the country. 1. Presidential spokesman Ngelale resigns, citing family health crisis Ajuri Ngelale, President Bola Tinubu’s Special Adviser on Media and Publicity, has resigned from his position with immediate effect.Read more 2. KPU says fuel price hike will not affect Edo election The National Electoral Commission (EC) said on Saturday that …

Investors in the Nigerian equity market experienced a mixed trading session on the floor of the Nigerian Xchange Group (NGX) as equity capitalization fell to N55.39 trillion from N55.47 trillion the previous week. This follows a gain of N348.34 billion in the previous week. The exchange recorded gains on three of the five trading days of the week. Market capitalization …