#featured

Court to hear accusations of Akpabio’s insult against Natasha on Tuesday

Judge Binta Nyako from the Federal High Court, Abuja, has decided to hear accusations of insult submitted by the President of the Senate, Godswill Akpabio, against the Senator representing Kogi Central, Natasha Akpoti-Uduaghan, for alleged social media posts. The judge, who postponed this issue until Tuesday, also said he would hear the accusation of previous insults submitted by Akpoti-Uuduaghan against …

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The top 10 stories from all Nigerian newspapers, Tuesday, May 13

Here are the 10 top stories that become headlines throughout the country today. 1. ‘Nothing is above Nigeria’s law,’ EFCC promised to catch Tompolo for abusing Naira The Economic and Financial Crime Commission (EFCC) has responded to calls by Nigeria for the arrest and prosecution of a former Delta Niger militant leader, Head of the Ekpemupolo alias Tompolo, for spraying …

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NGX: The equity market starts on Sunday with N296.61BN losses for investors

The equity market began this week with the loss of N296.61 billion for investors on Monday, May 12, 2025. This follows a decrease in stock prices such as E-Tranzact International (Etranzact), John Holt PLC (Johnholt) and Union Dicon Salt (Uniondicon), among others, on the trading floor. The Benchmark All-Share Index (ASI) decreased to 108,261.47 points from 108,733.40 points recorded on …

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Naira gained 5.72 against dollars in the official window

The Nigerian currency, Naira, was valued against the US dollar on the official market on Friday, May 9, 2025. According to Nigerian Central Bank data (CBN), Naira appreciated N1, 600.43/$ 1 compared to N1, 606.15/$ 1 which was traded on Friday, May 9, 2025. This represents the profit N5.72 for local currencies. In the black market, Naira lost N5 to …

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Absorbly handle CBN to express payments to LGS, explain payments to the River Council

The Socio-Economic and Accountability Project (SERAP) has urged the Governor of the Nigerian Central Bank (CBN), Mr. Olayemi Cardoso to “immediately reveal whether the bank has begun direct disbursement from the allocation of 774 regional councils in Nigeria from the Federation Account with CBN and to broad publications. Absorbing also urged Mr. Cardoso to “immediately reveal whether direct payments have …

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LP Crisis: Nenadi Usman mocked Julius Abure, said the claim of leadership ‘ridiculous and insulting’

Acting Chairperson of the Labor Party (LP), Senator Nenadi Esther Usman, has described the claim by the former National Party Chairperson, Julius Abure, that he remains the party chairman of the party as “ridiculous and insulting” for Nigerian intelligence and loyal parties. His reaction came after clarification by the Independent National Election Commission (Inec), about the status of party leadership …

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The top 10 stories from all Nigerian newspapers, Sunday, May 11

Here are the 10 top stories that become headlines throughout the country today. 1. Can the President called on Tinubu to face terrorism disguised as religious, ethnic conflict The President of the Nigerian Christian Association (CAN), Rev. Daniel Oloh, has asked the Ball President Ahmed Tinubu to take action that determines and is uncompromising against terrorists who exploit religious and …

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