#featured

NGX WEEKLY RECAP: Mixed results as investors lose N83.55 billion

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 …

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Presidential spokesman Ngelale resigns over family health crisis

Ajuri Ngelale, President Bola Tinubu’s Special Advisor on Media and Publicity, has resigned from his position with immediate effect. The presidency announced Ngelale’s departure in a statement on Saturday, citing personal and family health reasons. According to the statement, Ngelale handed a memo to Chief of Staff Femi Gbajabiamila on Friday informing him of his decision to take an indefinite …

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FACT CHECK: Was Tinubu’s son chased by protesters during recent demonstrations in Lagos as a content creator claims?

Claiming: Protesters chase President Bola Ahmed Tinubu’s son during a recent demonstration in Lagos State. The indictment: Wrong. The viral video is old; Tinubu’s son was not chased during the #EndBadGovernance protests last month. Full Text: A content creator on Facebook recently shared a video with claim that protesters in Lagos State were chasing the son of the Nigerian president. …

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10 headlines from all newspapers in Indonesia, Saturday, September 7, 2024

Here are the top 10 stories making headlines across the country. 1. Alarming NHRC report says 467 Nigerians killed in four states in two months At least 467 Nigerians lost their lives in four states – Kaduna, Benue, Katsina and Plateau – between July and August 2024, according to an alarming report by the National Human Rights Commission (NHRC).Read more …

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NGX: Equity market closes week with N128 billion gain for investors

Nigeria’s equity market closed the week with a gain of N128 billion for investors on Friday. This follows the increase in the prices of shares such as NSL TECH, OANDO, and UACN among others on the trading floor. After five hours of trading in the capital market, equity capitalization jumped to N55.3 trillion from N55.2 trillion recorded by the bourse …

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Alarming NHRC report says 467 Nigerians killed in four states in two months

At least 467 Nigerians lost their lives in four states – Kaduna, Benue, Katsina and Plateau – between July and August 2024, according to a disturbing report by the National Human Rights Commission (NHRC). The commission also revealed that more than 1,200 #EndBadGovernance protesters have been arrested and detained by security agencies across the country. Presenting the human rights situation …

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Emefiele fights back, challenges seizure of assets worth more than $2 million

Former Central Bank of Nigeria (CBN) governor Godwin Emefiele has filed an application to challenge the seizure of his assets by the Federal Government by the court. The move comes after a series of court orders were obtained by the Economic and Financial Crimes Commission (EFCC) since he was removed from office, resulting in the loss of Emefiele’s funds and …

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10 headlines from all newspapers in Indonesia, Friday, September 6, 2024

Here are the top 10 stories making headlines across the country. 1. ICPC probes Ngige over alleged ‘contract irregularities’ at NSITF The Corruption Eradication Commission (KPKI) on Wednesday questioned former Minister of Manpower and Employment, Chris Ngige, over alleged contract irregularities in the National Social Insurance Trust Fund (NSITF).Read more 2. After meeting with Shettima, Lokpobiri promised fuel availability by …

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