News

Zamfara Group praises Tinubu, Matawalle for the Naic appointment of Danfulani

A defense group based in Zamfara greeted President Bola Ahmed Tinubu and the Minister of State for Defense, dr. Bello Muhammad Matawalle, for the appointment of the Hon. Yazeed Shehu Danfulani as CEO of the Nigerian Agricultural Insurance Corporation (Naic). The praise came through a declaration signed by the president of the group, Mr. Imran Usman Bore, who described the …

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Salihu Lukman warned that APC was ‘Monarchy,’ revealed plans for 2027 coalition opposition

Salihu Lukman, a former Deputy Chairperson of the National (northwestern) of the Congress of All Progressive (APC), has increased concerns about what he described as a worrying shift from the party from the progressive ideals of his establishment of autocracy, warning that internal democracy has collapsed. Speaking to Brief Morning, the television program channel, on Friday, Lukman said the ruling …

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Airlines at risk of sanctions to transport passengers without a valid visa to Nigeria

The federal government has issued a stern warning to the international airline operating in Nigeria, reminding that operators carrying passengers without legal entered visas, landing, and outgoing cards will face sentences. Speaking at a sensitization program held in Lagos on Friday, the Minister of Home Affairs Olubunmi Tunji-Ojo said Nigeria’s commitment to facilitate trips through the new e-visa platform should …

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The Supreme Court affects the causes of 36 agai states …- Theconclaveng

The Supreme Court expressed a case from the governments of the 36 States and from the Nigeria Governors forum (NGF) who challenge the application by the federal government of the recovered funds. Cronging the judgment, a panel of seven members unanimously declared that the case had been erroneously established before the apical court. In the main judgment, prepared by the …

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Fidelity Bank denies the accusations of trafficking in people on CEO, Onyeali-Ikpe

Fidelity Bank PLC firmly rejected the accusations of internal trafficking and financial irregularities involving the Director of Executive and Chief Executive Officer, Nneka Onyeali-Ikpe. The bank described the claim, which circulated earlier this week, as “baseless, evil, and deliberately misleading.” The accusation, which was accused of onyeali-Ikpe, bought 18 million bank shares using special information and misused funds, was widely …

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Obasanjo, Atiku, Sambo Storm Osun for the coronation of Owa Obokun

The ancient city of Ilesa, in the state of Osun, was Friday Aglow with the color and culture as eminent Nigeriani, including the former president OlusaGun Obasanjo and the former presidents of Vice Atiku Abubakar and Namadi Sambo, gathered for the official crown of Oba Adhesuyi Haastrup, Ajimoko III, as New Owa Obokun Di Paramate of paramagle of paramate of …

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NGX Weekly Roundup: Equities Market canceling the week generating profits because investors lose N201BN

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 …

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Loan rate of 27.5%: need for more time to evaluate macroeconomic trends

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 …

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The top 10 stories from all Nigerian newspapers, Saturday, May 24

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 …

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Asuu threatens a new strike of unresolved demands, the demands of the action

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 …

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