News

The Nigerian equity market yelled at the Bullish series this week with N54 billion losses for investors at the close of trading on Thursday. This follows a decrease in stock prices such as the Legend of the Internet, Seplat PLC and Abbey Mortgage Bank PLC, among others, on the trading floor. The Benchmark All-Share Index (ASI) decreased to 111,818.08 points …

The autonomous community of Mbaishii in Ngor-Okpala, in the state of IMO, complained that they described as an illegal and unconstitutional acquisition of 30,000 hectares of agricultural land by the state government.This is since the legal actions have been established in various State Courts against the government and the Ministry of Sion who presumably accused was the beneficiary of the …

The House of Representatives Committee on land transportation has directed the Nigerian Railway Corporation (NRC) and the Railway Property Management Company is limited to stop the sale and rent of property while waiting for the results of the ongoing investigation alleged abuse in the process. The head of the committee, Blessing Onuh, gave direction in a statement on Thursday in …

Vice -president of the Finance Committee of the House of Representatives, Hon. Saidu Musa Abdullahi, praised the governor of the state of the Niger, the Hon. Umar Mohammed Bago (Turakin Nupe), for his visionary, courageous and focused governance. Abdullahi, which represents the federal electoral college of Bida/Gbako/Katchha of the state of the Niger, gave praise to Abuja while evaluating the …

The Governor of the State of Rivers, Siminaayi Fubara, on Thursday thanked the President of Bola Tinubu for saving the country from sliding to the anarchy after months of political crisis. The governor, according to a statement issued by the head of his press secretary, Nelson Chukwudi, spoke at a meeting with leaders and stakeholders from the simplified movement as …

While the administration of President Bola Tinubu marks his medium term, the national president of the Democratic Party of the action and former candidate for the presidency, Eng. Yabagi Yusuf Sani, described the economic reforms of the government as bold and fundamental, but without the structure necessary to protect the ordinary Nigerians with growing difficulties. Sani made the observations while …

In an effort to increase access to finance for micro, small and medium companies (MSM), the President of the Tinubu Bola has established the National Credit Guarantee Company (NCGC) with the initial capital of the N100 billion. The President also appointed a former speaker of the House of Representatives, Jacobu Dogara as the newly established company chairman and with Bonaventure …

Sidi Ould Tah has elected ninth president of the African development bank group Sidi Ould Tah of Mauritania was today, Thursday 29 May 2025, elected president of the group of the African development bank in the Bank’s annual meetings held in Abidjan, in Costa D’Ivoire. Tah was elected by the Bank’s Board of Directors, including financial and economic ministers or …

The Nigerian currency, Naira, got a little of the US dollar on the official market on Thursday. Nigerian central bank data (CBN) shows that Naira is traded in N1.586.15/$ 1 compared to N1,590.74/$ 1 for Wednesday. This represents the profit N4.59 for local currencies. In the black market, Naira spilled N10 against the dollar to trade at N1.630/$ 1 compared …

The Executive Committee of the great Nij class of 1986, which was recently elected and inaugurated, has undertaken to exploit the connections, scope and resources of the members to improve and improve their circumstances, also ensuring that their well -being would be the main concern of the body. The group is made up of full -time diploma in the journalism …