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Investors at the Nigerian equity market obtained N212 billion at the close of trade on Wednesday. This follows the surge in stock prices such as Chams PLC, Omatek Ventures and Ellah Lakes PLC, among others, on the trading floor. The Benchmark All-Share Index (ASI) increased to 121,989.67 points from 121,653.93 points recorded on the previous day. After five hours of …

Former presidential candidate and labor leader, Mr. Peter Obi, has discussed a new public supervision of the involvement of his past by the late Head of State, General Sani Abacha, offering what he described as “clarification for the benefit of truth and descent.” In a post that was distributed on the official handle of X (previously Twitter) on Wednesday, Obi …

The United States Department of State has announced a significant change in visa policy for Nigerian citizens, limiting most non-immigrant and non-resi visas to access to a single entry with a period of validity of only three months. In a statement released on Tuesday, the US mission in Nigeria confirmed that this new action was immediately effective, and applies to …

This is part of a broader strategy to get out regulatory regime, Temporary assistance structures that allow banks to operate with relaxing rules during difficult economic times. In a circular signed by the CBN Banking Supervision Director, Olubukola Akinwunmi, which was issued on his website on Monday, the Puncak Bank said the capital restoration plan would complete other steps that …

Investors at the Nigerian equity market obtained N226 billion at the close of trade on Tuesday. This follows the surge in stock prices such as Omatek Ventures, Champions Brewers PLC and Nigerian Exchange Group, among others, on the trading floor. The Benchmark All-Share Index (ASI) increased to 121,653.93 points from 121,295.33 points recorded on the previous day. After five hours …

The presidency on Tuesday several enemies felt in the country planned to overthrow the administration of President Tinubu. Special advisory regarding information and strategies to the President, Bayo Onanuga, revealed this in a post in the Handke of X. He argued that the ongoing Tinubu government reform began to re -shape the country’s future. Onanuga described the current administration as …

Ball President Ahmed Tinubu has described the elimination of fuel subsidies as a necessity and difficult decision, explaining that they were carried out to stabilize the economy and direct public funds to the more impact sectors. The President stated this on Monday at the opening of the National Conference on Public Accounts and Fiscal Governance, organized by the Senate Public …

After some alternating arguments, with uncertainty in the air, the Nigerian government finally declared 16 years as the minimum age to enter the institutions of Nigerian higher education. Minister of Education, Dr. Supi Alausa, made this know on Tuesday when it was open to open policy meetings from the Joint Acceptance and Matriculation Council (Jamb) in Abuja. He warned the …

Investors in the Nigerian equity market obtained N193 billion at the close of trade on Monday. This follows the surge in stock prices such as Tripple Gee & Co. PLC, Ellah Lakes PLC and UPDC Real Estate Investment Trust, among others, on the trading floor. The Benchmark All-Share Index (ASI) increased to 121,295.33 points from 120,989.66 points recorded last Friday. …

Nigeria is at risk of being slapped at an extra 10% rate because US President Donald Trump has warned that countries that favor the BRICS alliance policy that are contrary to US interests will be hit by an additional 10% tariff. Trump makes this known on his social media platform, truth. The US president has become a long -term critic …