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The Nigerian Exchange Limited (NGX) has delisted shares of Niger Insurance Plc and two other companies from its platform for failing to comply with standards. Other companies affected are – Resort Savings and Loans Plc, and RAK Unity Petroleum Plc. NGX Head of Issuer Regulation, Godstime Iwenekhai, confirmed the development in a statement on Thursday. The companies, according to NGX, …

The Federal Government has reiterated its earlier directive that students below the age of 18 years should not be granted admission to higher education institutions in the country. Minister of Education, Mr. Tahir Mamman, gave the directive in Abuja on Thursday at the 2024 Policy meeting of the Joint Admissions and Matriculation Board (JAMB). ALSO READ:JAMB finds 3,000 fake graduates, …

An online debate is currently raging over who should be crowned the worst Nigerian Senate President between the incumbent Godswill Akpabio and his predecessor, Ahmed Lawan. Since Wednesday, social media users have had mixed opinions about the debate, with some favouring Lawan while others have singled out Akpabio as the worst person to ever lead the country’s federal legislature. Those …

In a development that may accelerate the high-profile corruption case, a Federal High Court judge in Abuja, on Wednesday, dismissed a request by former Kogi State Governor Yahaya Bello to dismiss his charges. Bello, who left office earlier this year, faces charges of conspiring to fraudulently convert N80.2 billion naira of public funds for personal use. The funds are suspected …

Here are the top 10 stories making headlines across the country. 1. Tinubu seeks Senate approval to inject N6.2 trillion into 2024 budget President Bola Tinubu on Wednesday submitted to the Senate for consideration and approval a request to inject N6.2 trillion into the N27.5 trillion 2024 budget. Read more 2. 2025 Anambra gubernatorial election crucial for APC – Ganduje …

Investors in the Nigerian equity market lost N24 billion at the close of trading on Wednesday. This follows the decline in share prices of RT BRISCOE, FTN COCOA, and TANTALIZER, among others, on the trading floor today. After five hours of trading in the capital market, equity capitalization plunged to N56.64 trillion from N56.67 trillion posted by the exchange on …

United States President Joe Biden has tested positive for COVID-19. White House spokeswoman Karine Jean-Pierre said in a statement that the president tested positive for COVID-19 during a campaign trip to Las Vegas on Wednesday. This is the third time Biden has tested positive for the coronavirus. He first tested positive for the infectious disease on July 21, 2022, and …

The Edo State House of Assembly has appealed against the judgment of Justice JK Omotosho of the Federal High Court, Abuja, which quashed the impeachment of the state’s former deputy governor, Philip Shaibu. In response to Justice Omotosho’s ruling today, the State Assembly has also moved for a stay of execution of the ruling pending the outcome of their appeal. …

The Supreme Court last week granted full autonomy to the country’s 774 local government councils. In the same week, the duo of former Senate President, Anyim Pius Anyim and the Peoples Democratic Party (PDP) gubernatorial candidate in the 2023 Ebonyi State governorship election, Obinna Ogba, joined the All Progressives Congress (APC). This story and three others we tracked dominated public …

In a bid to reorganize the traditional leadership structure in Kano State, Governor Abba Yusuf, on Wednesday, approved the appointment of three second-class Emirs for the emirates of Rano, Gaya and Karaye. The new emirate will be under the auspices of the first-class emirate of Kano, with the following emirs appointed: – Alhaji Muhammad Karaye (Emir Karaye) – Alhaji Muhammad …