Nigeria’s equity market continued rally when investors recorded a profit of 1,691 trillion last week. Last week, the equity market was obtained in four and lost in one of the trading sessions while sweeping the profit N1. 691 trillion in the process. Market capitalization increased to N68, 399 trillion from N66, 648 trillion while the All-Share (ASI) index appreciated 2.54% …
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Residents escaped from the village of Sokoto in the middle of the threat from the famous bandit Bello
The wave of fear has already hit the entire territory of the local government in the state of Sokoto as the leader of the famous bandit, Bello Turji, issued a terrible threat that caused the mass transfer of the population, especially in the city of Bafarawa. Eyewitnesses and local sources said Turji had also delivered his warning to the nearest …
Read More »Absorbly handle CBN to express payments to LGS, explain payments to the River Council
The Socio-Economic and Accountability Project (SERAP) has urged the Governor of the Nigerian Central Bank (CBN), Mr. Olayemi Cardoso to “immediately reveal whether the bank has begun direct disbursement from the allocation of 774 regional councils in Nigeria from the Federation Account with CBN and to broad publications. Absorbing also urged Mr. Cardoso to “immediately reveal whether direct payments have …
Read More »Ripplesmetrics: Nigeria is the second highest in the death penalty, because Africa shows an alarming trend in 2024
Two famous murder cases in Nigeria have resulted in the death penalty for the convicted people. In Abuja, the Federal Capital High Court sentenced Peter Nwachukwu to die by hanging over the murder of his wife, gospel singer Osinachi Nwachukwu, who was initially believed to have died of throat cancer in April 2022. Judge Njosa Nwosu-Ime found him guilty of …
Read More »LP Crisis: Nenadi Usman mocked Julius Abure, said the claim of leadership ‘ridiculous and insulting’
Acting Chairperson of the Labor Party (LP), Senator Nenadi Esther Usman, has described the claim by the former National Party Chairperson, Julius Abure, that he remains the party chairman of the party as “ridiculous and insulting” for Nigerian intelligence and loyal parties. His reaction came after clarification by the Independent National Election Commission (Inec), about the status of party leadership …
Read More »The top 10 stories from all Nigerian newspapers, Sunday, May 11
Here are the 10 top stories that become headlines throughout the country today. 1. Can the President called on Tinubu to face terrorism disguised as religious, ethnic conflict The President of the Nigerian Christian Association (CAN), Rev. Daniel Oloh, has asked the Ball President Ahmed Tinubu to take action that determines and is uncompromising against terrorists who exploit religious and …
Read More »Can the President call on Tinubu to face terrorism disguised as religious, ethnic conflict
The President of the Nigerian Christian Association (CAN), Rev. Daniel Oloh, has asked the Ball President Ahmed Tinubu to take action that determines and is uncompromising against terrorists who exploit religious and ethnic sentiments to commit violence throughout the country. Speaking through the Vice President Can, Rev. Stephen Paan Baba, during a visit to the victims of the new Easter …
Read More »NGX Roundup: The Equity Market Reli continues when the investor gets N1.691Tr
Nigeria’s equity market continues the rally when investors record profits ₦ 1,691 trillion in the new trading week that has just ended. Ripples Nigeria reported that investors recorded N183 billion profits in the previous week. In the new trading Sunday, the equity market was obtained in four and lost in one of the trading sessions while sweeping the profit N1. …
Read More »NGX: The equity market ends the week with N313BN losses for investors
The equity market closed the week with the loss of N313 billion for investors on Friday. This follows a decrease in stock prices such as Transcorp Power (Transpower), Haldane McCall and Meyer PLC, among others on the trading floor. The Benchmark All-Share Index (ASI) crashed 108,733.40 points from 109,231.96 points recorded the previous day. After five hours of trading in …
Read More »Increase in subscription: FCCPC Multichoice floor as a court confirms the strength of the commission to investigate exploitation
The Abuja Federal High Court on Thursday, May 8, 2025 attacked a lawsuit filed by Multichoice Nigeria Limited who tried to hold FCCPC from investigating new price increases for DSTV and GOTV services, stated that the misuse of court processes. The court, led by judge James Omotosho, decided that a multichoice lawsuit was duplicate and inappropriate, given the existence of …
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