#featured

NGX: Equity market downtrend continues as investors lose N749 billion

The equity market kicked off the new trading week on a bearish note on Monday, August 19, 2024 as investors lost N746 billion by the end of the trading session. This follows the decline in stock prices such as DANGCEM, NSLTECH AFRIPRUD and others on the trading floor. After five hours of trading in the capital market, equity capitalization decreased …

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QuickRead: Abdulsalami’s committee for 2023 presidential election. Four other stories we’re watching and why they matter

The National Peace Committee (NPC) led by former head of state General Abdulsalami Abubakar last week opened itself to calls from some individuals and groups in the country to cancel the 2023 presidential election. In the same week, armed men suspected of being bandits kidnapped 20 medical students in Benue State. This story and three others we tracked dominated public …

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10 headlines from all newspapers in Indonesia, Monday, August 19, 2024

Here are the top 10 stories making headlines across the country. 1. SERAP threatens to sue Akpabio, Abass over secrecy of MPs’ ‘operational costs’ The Socio-Economic Rights and Accountability Project (SERAP) has urged the Senate President, Godswill Akpabio, and the Speaker of the House of Representatives, Tajudeen Abbas to “urgently disclose the exact amount of the multi-million naira monthly operating …

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NGX WEEKLY SUMMARY: Investors lose N846 billion as equity markets plunge

Investors in the Nigerian equity market had a tough trading week on the NGX floor with losses of N846.53 billion as market capitalization fell to N55.13 trillion from N55.98 trillion the previous week. This follows a loss of N480 billion in the previous week. The stock exchange recorded losses on all five trading days of the week. Market capitalization decreased …

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PDP sweeps 20 Bauchi DPRD chairmanship seats

The Peoples Democratic Party (PDP) has been declared the winner in the general elections held in all 20 local government areas of Bauchi State on Saturday. The Executive Chairman of the Bauchi State Independent National Electoral Commission (BASIEC), Alhaji Ahmed Makama, announced the results on Saturday night. While the Speaker-elect is expected to receive their certificates of return today (Sunday), …

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SERAP threatens to sue Akpabio, Abass over secrecy of MPs’ ‘operational costs’

The Socio-Economic Rights and Accountability Project (SERAP) has urged the Senate President, Godswill Akpabio, and the Speaker of the House of Representatives, Tajudeen Abbas to “urgently disclose the exact amount of the multi-million naira monthly operating expenses currently paid and received by members of the National Assembly and the details of the expenditure of such operating expenses.” SERAP also urged …

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Obasanjo gives advice on how Nigeria can achieve good governance and development

Former President Olusegun Obasanjo has urged Nigerians to change, and install responsible and transformative leadership at every level of government if they want good governance and a better country to become a reality. The former president lamented that for years, quality leadership had eluded the country at all levels. He spoke on Saturday in Abeokuta, the Ogun State capital at …

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Peter Obi calls for action to fight insecurity and economic hardship

Former Labour Party presidential candidate Peter Obi has sounded the alarm over growing insecurity and economic woes in Nigeria, urging collective action to address the growing crisis. In a statement issued on Saturday via his X account, Obi highlighted recent kidnappings, including those of medical students in Benue and a state commissioner and his wife in Edo, and stressed the …

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10 headlines from all newspapers in Indonesia, Sunday, August 18, 2024

Here are the top 10 stories making headlines across the country. 1. 18 months later, Abdulsalami’s peace committee opens up about pressure to cancel the 2023 presidential election Former head of state, General Abdulsalami Abubakar, said on Friday that the National Peace Committee (NPC) was being urged to persuade the National Electoral Commission (INEC) to cancel the 2023 presidential election.Read …

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