#featured

The Nigerian equity market experienced previous profits with N360 billion profit for investors on Wednesday. This follows the surge in stock prices such as Chellarams PLC, FTN Cocoa, and Berger Paints, among others, on the trading floor. The All-Share Index (ASI) benchmark rose to 140,365.36 points from 139,796.11 points recorded the previous day. After five hours of trading in the …

The Economic and Financial Crime Commission (EFCC) has questioned the former Chief Executive Officer (GCEO) of the Nigeria National Petroleum Company (NNPC) Limited, Mele Kyari, because of the alleged misuse of funds, The cable Report. A source in EFCC confirmed the development to the newspaper on Wednesday. Also read: EFCC Chasing Ex-NNPCL GMD, Mele Kyari, received a court order to …

The Economic and Financial Crime Commission (EFCC) has questioned the former Chief Executive Officer (GCEO) of the Nigeria National Petroleum Company (NNPC) Limited, Mele Kyari, because of the alleged misuse of funds, The cable Report. A source in EFCC confirmed the development to the newspaper on Wednesday. Also read: EFCC Chasing Ex-NNPCL GMD, Mele Kyari, received a court order to …

The Labor Party (LP) has asked the President of the Senate Godswill Akpabio and DPR Speaker Tajudeen Abbas to reject the request of the latest loan of Bola Tinubu, warning that the increasing burden of Nigeria’s debt is a serious threat to the economic stability of the country and the future. In a statement issued in Abuja on Tuesday, the …

Obi, who had just continued public involvement after a short medical break, attracted attention to this sector during a visit to UKM owned by a Nigerian businessman on Monday. He stressed that failure to revive industries such as textiles continues to damage Nigerian economic growth and employment creation. Quoting the international model, Obi noted: “Countries like Bangladesh have changed their …

Here are the top 10 stories throughout the country. 1. Melaye Counter Presidency, Nigeria’s debt profile is ‘sustainable’ despite the depreciation of naira The president has rejected criticism by the former West Kogi Senator, Dino Melaye, for the increase in Nigerian debt profile, describing his statement as a sensational rather than factual. Read more 2. Peter Obi reduces the collapse …

The Nigerian equity market consolidates the previous day’s profits with N254 billion profit for investors on Tuesday. This follows the surge in stock prices such as Regency Alliance Insurance PLC, Mecure Industries, and Etranzact International, among others, on the trading floor. The Benchmark All-Share Index (ASI) rose to 139,796.11 points from 139,394.75 points recorded the previous day. After five hours …

The president has rejected criticism by former Senator Kogi West, Dino Melaye, for the increase in Nigerian debt profile, describing his statement as a sensational rather than factual. Reacting through a post on the Handwood X verified on Tuesday, a special advisor to the President of the Tinubu Bola in the media and public communication, Sunday Dare, said Melaye’s comments …

A leading Nigerian coalition, including prominent academics, civil society leaders, and labor figures, has announced plans to uncover the new election reform initiative known as an alliance for Democratic Defense (ADD) on October 1. This initiative was revealed in a statement issued on Sunday by Hamisu San Turaki, a spokesman for the National Consultative Front (NCFRONT). According to the statement, …

Governor of Dikko Radda from the state of Katsina has revealed the severe impact of insecurity in eight regional regions of high -risk local government in the state. He registered LGA to include jibia, Batsari, Danmusa, Kankara, Safana, Sabuwa, Faskari, and Dandume. Radda revealed this on Monday in Katsina when launching an initiative funded by the European Union 18 months, …