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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 …

Former Vice President, Atiku Abubakar, on Tuesday, expressed concern over the increasing trend of state government interference in the traditional coronation process. He made this call through a statement issued on his X handle, emphasizing the importance of protecting traditional institutions from the arbitrariness of state governments, ensuring their stability and recognizing their role in maintaining peace, security and economic …

Claiming:BREAKING NEWS: “We know Nigerians are hungry, but that will not stop us from approving a private jet for Mr President. His life is now more important than that of ordinary citizens. We must do it as quickly as possible” — God willing, Akpabio. Indictment: Misleading. There is no evidence to support the claims circulating on social media platforms. Full …

Here are the top 10 stories making headlines across the country. 1. Tinubu blames persistent insecurity in Nigeria on inherited security compromises and historical injustices President Bola Tinubu attributes the persistent insecurity in Nigeria, particularly in the North West region, to the result of inherited security compromises and historical injustices inflicted on victims of conflict.Read more 2. Minister Tinubu accused …

The Director-General of the World Trade Organization (WTO), Ngozi Okonjo-Iweala, has warned politicians not to use his name in political battles. Okonjo-Iweala, who reacted to a Facebook post purportedly written by her, denied putting up the post. He alleged that there was a plan to use his name to carry out political fights with rival politicians. Therefore, he warned those …

President Bola Tinubu attributed the persistent insecurity in Nigeria, particularly in the North West region, to inherited security compromises and historical injustices meted out to victims of conflict. Speaking at a two-day security and peace summit in Katsina on Monday, President Tinubu noted that banditry and insurgency the country is facing is a result of historical injustices that have divided …

Equity markets again started the week on a negative note as investors recorded losses of N51.70nbn at the end of the trading session on Monday, 24 June 2024. This follows the fall in share prices, including INTBREW, DEAPCAP, and DAARCOMM on the stock exchange floor today. After five hours of trading on the capital market, equity capitalization fell to N56.371 …

Former federal information commissioner Edwin Clark last week demanded implementation of the 2014 national conference report. In the same week, former National Deputy Chairman of the All Progressives Congress (APC), North West, Salihu Lukman, resigned from the party. These stories and three others we tracked dominate public discourse in the country. 1. Clark demands implementation of the 2024 Confab report …

President Bola Tinubu has commended the Ministry of Solid Minerals Development for achieving important milestones in his country’s economic diversification efforts. The Ministry successfully executed the first commercial transaction under the National Gold Purchase Program (NGPP), which has injected $5 million into Nigeria’s foreign exchange reserves and N6 billion into the rural economy. The President praised the ministry’s efforts, stating, …