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Here are the top 10 stories making headlines across the country. 1. Representatives extend the deadline for implementing the 2023 budget to December The House of Representatives on Thursday passed two bills extending the implementation of the Budget Act of 2023 and the Supplemental Budget Act of 2023 until December. Read more 2. No request for new aircraft approval from …

For the second straight day, the Nigerian equity market maintained its positive movement as investors made profits of N6.2 billion at the close of trading on Thursday. This follows the growth in share prices of SEPLAT, CUTIX, and LASACO among others on the trading floor today. After five hours of trading on the capital market, equity capitalization rose to N56.2 …

Former Kogi State Governor Yahaya Bello on Thursday appealed to the Federal High Court in Abuja to transfer his ongoing corruption case to Kogi State. This request comes amid his trial for alleged involvement in an N80.2 billion fraud case filed against him by the Economic and Financial Crimes Commission (EFCC). However, the EFCC’s legal advisor wondered why the former …

Muslim Rights Concern (MURIC), insists that there is a plan to overthrow the Sultan of Sokoto, Alhaji Muhammad Sa’ad Abubakar III, although the state government rejects the plan. MURIC, in a statement by its Executive Director, Prof. Ishaq Akintola, on Monday, had sounded the alarm that the Sokoto State government was hatching secret plans to overthrow the Sultan and warned …

Here are the top 10 stories making headlines across the country. 1. Court sets date to hear demands for Ganduje’s removal as APC Chairman The Federal High Court in Abuja, on Wednesday, adjourned the hearing of a lawsuit aimed at removing All Progressives Congress (APC) Chairman Abdullahi Ganduje from office until July 5.Read more 2. El’Rufai sued the Kaduna Assembly …

The Nigerian equity market recovered from its negative move with investors earning N94 billion at the close of trading on Wednesday. This follows the growth in share prices of FTN COCOA, OANDO, CWG, and others on the stock exchange floor today. After five hours of trading on the capital market, equity capitalization increased to N56.2 trillion from N56.1 trillion recorded …

The Director General of the Nigerian Employers Consultative Association (NECA), Adewale Oyerinde, on Tuesday warned that any approval of a new national minimum wage of above N62,000 would lead to an industrial crisis with a high risk of job losses. Oyerinde issued the warning when he spoke to Journalists on the sidelines of the Third Nigerian Entrepreneurs Summit on ‘Economic …

In a bid to resolve the impasse over a proposed new minimum wage, governors in Nigeria’s 36 states have scheduled emergency meetings for Wednesday. This development comes after the Federal Executive Council’s (FEC) decision to withdraw the minimum wage memo on Tuesday. Governors had previously rejected the federal government’s proposed minimum wage of N62,000, citing concerns that some states would …

Investors in the Nigerian equity market lost N250 billion at the close of trading on Tuesday. This follows the plunge in the value of shares of OANDO, UPL, ACADEMY, and others on the stock exchange today. After five hours of trading on the capital market, equity capitalization plummeted to N56.1 trillion from N56.3 trillion posted by the exchange on Monday. …

In a bid to ensure a comprehensive approach in determining the new national minimum wage, President Bola Tinubu has announced plans to consult with 36 state governors and members of the organized private sector. This decision was revealed by the Minister of Information and National Orientation, Mohammed Idris, after a meeting of the Federal Executive Council (FEC) at the Presidential …