#featured

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 …

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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 …

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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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‘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 …

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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 …

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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 …

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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 …

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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 …

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