News

The Nigerian equity market yelled at a few weeks of profit because investors experienced trading Sunday losing N201 billion in five days. The market recorded losses in three trading sessions, getting in two trading sessions. Market capitalization declined to N68,752 trillion from N68,953 trillion recorded in the previous week. Likewise, the all-share index (ASI) depreciated 0.62% to close the week …

The central bank of Nigeria (CBN) recently decided to maintain its reference rate, the monetary policy rate (MPR), at 27.5 percent, marking the second consecutive time in 2025. The Apex bank cited different macroeconomic trends such as reasons to hold rates. David Agba reports. At the 295th meeting of the Central Bank of the Nigeria Monetary Policy Committee (MPC), held …

Here are the 10 top stories that become headlines throughout the country today. 1. Explanation! Causes of Slash Nigerian oil prices, the impact on the market Due to imports of imports and increasing competition between fuel importers and recently for forming a local refinery, the price of the Spirit of Premium Motors (PMS), also referred to as gasoline, has decreased …

The University Academic Staff Union (Asuu) on Friday urged the Federal Government to respect the 2009 FG/ASUU agreement or face national industrial actions. Asuu President, Chris Piwuna, issued this warning at a press conference in Abuja. He stressed the importance of the government fulfilling promises and handling the worsening conditions at Nigeria University. According to Piwuna, nine critical problems have …

The Delta team has moved to the top of the medal table at the National Sports Festival of 2024, reports Completsports.com. The headlines were ahead of Team Bayelsa after a strong performance in different centers on Friday. Delta has accumulated until now 35 gold, 12 silver and 29 bronze medals. Bayelsa, who fell to the second position, has 33 gold, …

The special team of the customs service of Nigeria, Operation Whirlwind, seized the smuggling of Premium Motor Spirit (PMS), otherwise known as petrol, for a value of N63,036 million and five vehicles in the state of Adamawa. The Customs General Controller, adwale Adeniyi, revealed it to Yola printing briefing, the capital of the state of Adamawa, on Friday 23 May …

Tinubu Bola President on Friday promised to increase funds for the Federal University of the State to meet global standards. He stated this in the 35th Constraction of Adeeral Federal Education University, Ondo (Afued). Tinubu, who was represented at the event by the Vice Chancellor of the University of Obafemi Awolowo, Ile Ife, Osun, Prof. Adebayo Bamire, said his government …

CDS Visits the Ministry of Defense Slovak in Bratislava Bratislava (basic reporter) Head of the Nigerian staff, Gen Christopher Gwabin Musa, Friday 23 May 2025, made an official visit to the headquarters of the Ministry of Defense of the Slova Republic in Bratislava. The CDs and its entourage were received by the Slovacchi CDs, the Gen Daniel Zmeko and other …

The President of the United States, Donald Trump, has threatened Apple with a 25 percent import rate on the iPhone sold, but it was not produced, in the country. The President issued a warning on the social platform of his truth on Friday. He said: “I have long told (executive chief) Tim Cook about this. “I hope their iPhone that …

The national youth leader of All Progressiveives Grand Alliance (APGA), Eze-Oonyibuchi Chukwu, invited the former vice-president Atiku Abubakar to set aside his presidential ambition of 2027. Instead, Atiku urged to support a credible young candidate or allow President Bola Tinubu to complete a second term. In a declaration issued to Abuja on Friday, Chukwu advised the former vice -president to …