News

NGX: The equity market bearish trend continues because investors lose N183bn

Investors in the Nigerian capital market lost N183 billion at the close of trading on Tuesday. This follows a decrease in stock prices such as Transcorp Power PLC, Oando PLC and Ellah Lakes PLC, among others, on the trading floor. The Benchmark All-Share Index (ASI) crashed 114,910.16 points from 115,258.77 points recorded the previous day. After five hours of trading …

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CAC masturbates service taxes

The Company Affairs Commission (CAC) has increased the service commissions, in force from 1 August 2025. According to the Commission, the decision was made after an in -depth evaluation of the current economic climate, increasing operating expenses and large consultations with the main parties concerned. In a public notice made available to journalists on Tuesday, the CAC explained that the …

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Hundreds of foreign citizens fled from Iran to Azerbaijan, Armenia in the midst of increasing conflict

More than 700 foreign citizens had fled from Iran to neighbors Azerbaijan and Armenia when tensions increased after Israeli air strikes in the Islamic Republic, officials in Baku and Yerevan were confirmed on Tuesday. The development following the ongoing Israeli military campaign in Iran was launched last Friday. The authorities in Tel Aviv said the attack on Iran was aimed …

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Don criticizes Tinubu list of heroes of 12 June

A main member of the National Association of Political correspondents (NAPOC) in the 80s and 90s, dr. Tayo Popola, criticized the list of the eminent Nigerians recently honored by President Bola Ahmed Tinubu for the heroic roles they starred in the struggle of June 12, saying that “the president should add more deserving people”. Speaking after examining the list of …

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The leadership we need in 2027, of Baba …

Nigerian flag As the 2027 elections approach, Nigeria is back in a critical moment, a moment that requires a profound reflection on the type of leadership that the nation really requires. The choices before the electorate are clear: keep the current administration or opt for change. But beyond this track, there is a more fundamental question: what should leadership that …

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Oil marketers suspend strikes on the implementation of e-call up

Oil marketers under the auspices of the Nigerian Independent Oil Marketers Association (IPMαν) have suspended their one day attack. Marketers started strike on Monday at the implementation of e-Call up for the Lekki-Epe corridor. In a statement issued on Tuesday by Hon. James was tubbed Tor, Ipman’s National Secretary for Zonal Chairperson, all depot units of the Association of Nigeria …

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War: over 600 foreigners flee to Azerbaijan from Iran

More than 600 foreign citizens have gone through Iran in nearby Azerbaijan since Israel started hitting the country last Friday, said a government official in Baku. “From the beginning of the military escalation between Israel and Iran, over 600 citizens of 17 countries have been evacuated by Iran through Azerbaijan,” said the government source at AFP Tuesday. The displaced persons, …

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CAC to review service fees starting August 1, giving reasons

The Corporate Affairs Commission (CAC) will begin a comprehensive review of its service fees starting August 1. In the notification issued on Tuesday, the Commission said the adjustment followed an in -depth review of the current economic reality, increasing operational costs, and extensive consultation with industrial stakeholders. This development underlines the broader CAC goals to provide more efficient and technology …

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The guardians of the homeland

In a vast and complex nation like Nigeria, the task of protecting the homeland is monumental, which requires not only words but resolute actions, actions and decisive results. Under the ACTA theme not Verba – Deeds, not words: the National Security Councilor (NSA), Mallam Nuhu Ribadu and the head of the defense staff (CDS), General Christopher Gwabin Musa, emerged as …

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