The fragile agricultural economy in Nigeria faced a deeper crisis because new data from the National Statistics Bureau (NBS) revealed a surge of 28.98% in the average cost of agricultural products between January and May 2025. The worrying price increases refers to intensifying disturbances in all food production and supply chains, with broad implications for food security, inflation, and household …
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NGX Roundup: Bourse Supports Momentum with Profits N1.7Tr
The Nigerian equity market experienced bullish momentum, gaining n1.74 trillion profits in a trade full week after the Eid al -Fitr holiday and Democracy Day. Although there are losses that record in the first two trading days a week, the market records profits in the remaining three trading sessions. Market capitalization increased to N74,533 from N72,788 trillion from N72,275 trillion …
Read More »The top 10 stories from all Nigerian newspapers, Saturday, June 21
The following is the top story in all state newspapers. 1. The coalition led by Atiku applies to Inec for new party registration The national opposition coalition group spearheaded by former Vice President Atiku Abubakar has submitted an application to the Independent National Election Commission (Inec) for the registration of a new political party – the Democratic Alliance. 2. NNPC …
Read More »The Nigerian government regretted poor intra-Africa trade, calling for urgent economic reforms
The federal government has increased the alarm about the continuous level of trade among West African countries, mourning that although there are several decades of regional integration efforts, intra-African trade continues to misery below 10 percent. Speaking at the West African Economy Summit in Abuja on Friday, Minister of Industry, Trade and Investment, Dr. Jumoke Oduwole, describes a serious picture …
Read More »NGX: The equity market closes the week with N175BN profit for investors
Nigeria’s equity market on Friday, closes weeks with N175 billion profits for investors. This follows the surge in stock prices such as Legend Internet (Legendint), Ellah Lakes PLC (ellahlakes) and Champions Breweries (Champions), among others, on the trading floor. The Benchmark All-Share Index (ASI) increased to 118,138.22 points from 117,861.13 points recorded on the previous day. After five hours of …
Read More »The coalition led by Atiku applies to Inec for new party registration
The national opposition coalition group spearheaded by the former Vice President Atiku Abubakar has submitted an application to the Independent National Election Commission (Inec) for the registration of new political parties – Alliance All Democratic. Also in the coalition is the former Governor of Kaduna State, Nasir El-Rufai, his colleague in the state of Rivers, Rotimi Amaechi, and the organizer …
Read More »Britain to increase trade with 99% free access to Nigerian exporters
In showing a commitment to ensure that the British-Nigerian economic growth remains strong, Britain has confirmed that 99% of Nigeria’s exports will continue to enjoy free access to the duty under the development scheme of developing countries (DCTS). The British High Commission in Nigeria made this known in a post on the official X grip on Thursday, June 19, 2025. …
Read More »The surface of the internal strain in the APC amid the uncertainty of the role of Shettima in 2027
When the Congress of all Progressive (APC) prepared for the 2027 presidential election, subtle tensions emerged in the party, revealing anxiety over the position of Vice President Kashim Shettima along with Ball President Ahmed Tinubu. In an interview with Daily trustSpokesman for President Bayo Onanuga reiterated that the choice of couples who were running tinubu were waiting for the formal …
Read More »The top 10 stories from all Nigerian newspapers, Friday, June 20
The following is the top story in all state newspapers. 1. The court provides a guarantee of the Akpoti-Uuduaghan N50M senator in the case of defamation The Federal Capital City High Court who sat in Maitama, Abuja, has guaranteed a suspension to the suspended Senator Natasha Akpoti-Uuduaghan in the number of N50 million, along with one guarantor who must become …
Read More »NGX: Ikeja Hotel, Beta Glass among the top entities because investors get the N677BN
Investors at the Nigerian equity market obtained the N677 billion at the close of trade on Thursday. This follows the surge in stock prices such as Ikeja Hotel PLC, Beta Glass PLC and Legend Internet, among others, on the trading floor. The Benchmark All-Share Index (ASI) increased to 117,861.13 points from 116,786.87 points recorded on the previous day. After five …
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