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Nigeria’s equity market recovered from earlier losses on Thursday as investors gained N178 billion at the close of trading for the day. This follows a surge in the prices of shares such as FBNH, CAVERTON, and FLOUR MILL among others on the trading floor. After five hours of trading in the capital market, equity capitalization increased to N55.7 trillion from …

Here are the top 10 stories making headlines across the country. 1. In Borno, drinking funds and sitting allowances are given budget priority while Maiduguri and other areas face the worst floods in decades On Tuesday, September 10, 2024, social media, especially X, was flooded with images and videos showing houses and major roads completely submerged and residents of communities …

Investors in the Nigerian capital market lost N50 billion at the close of trading on Wednesday. This follows a decline in the prices of shares such as CWG, NNFM, and ACADEMY among others on the trading floor. After five hours of trading in the capital market, equity capitalization declined to N55.5 trillion from N55.6 trillion recorded by the bourse the …

Here are the top 10 stories making headlines across the country. 1. Aisha Yesufu reprimands Labour Party leader Abure over alleged embezzlement of party funds Social critic and co-founder of the #BringBackOurGirls movement, Aisha Yesufu, has responded to allegations by the embattled national chairman of the Labour Party (LP), Julius Abure, that she and Pastor Itua Ighodalo, brother of the …

Investors in the Nigerian equity market made a gain of N343 billion at the close of trading on Tuesday. This follows the increase in share prices of stocks such as SFS REIT, RT BRISCOE, and CAVERTON among others on the trading floor. After five hours of trading in the capital market, equity capitalization increased to N55.6 trillion from N55.2 trillion …

Social critic and co-founder of the #BringBackOurGirls movement, Aisha Yesufu, has responded to allegations by the embattled national chairman of the Labour Party (LP), Julius Abure, that she and Pastor Itua Ighodalo, brother of Edo State PDP governorship candidate, Asue Ighodalo, were responsible for managing the party’s campaign funds in the 2023 general elections. Abure who made the allegations at …

Nigeria is grappling with a complex and multifaceted insecurity crisis, marked by increasing cases of kidnapping, banditry, terrorism and communal clashes. The country’s northwest is particularly affected, with Zamfara, Kaduna and Niger states being hotspots for violence. The Boko Haram insurgency in the northeast also continues, while separatist movements in the southeast and southwest add to the security challenges. The …

The Department of State Services (DSS) has reportedly granted administrative bail to Nigeria Labour Congress (NLC) President Joe Ajaero, following widespread condemnation of his arrest and detention. Ajaero was released on Monday evening, as announced by pro-democracy activist and African Action Congress presidential candidate Omoyele Sowore on social media. The NLC also confirmed to media crews that its leader had …

Officers of the Department of State Services (DSS) on Monday surrounded the offices of the Socio-Economic Rights and Accountability Project (SERAP) in Abuja. The NGO revealed this in a statement uploaded to its X account. He described the action as “unlawful occupation.” He urged President Bola Tinubu to immediately intervene to protect the rights of Nigerians. SERAP revealed in the …

The Nigerian equity market started the week on a negative note on Monday, September 9, 2024 as investors lost N111 billion at the end of the trading session. This follows a decline in share prices such as JBerger, Transpower, and UPL among others on the trading floor. After five hours of trading in the capital market, equity capitalization dropped to …