News

Nigeria has undergone a multi-sectoral transformation …

Nwabufo: Nigeria has undergone a multisectoral transformation in two years under Tinubu Fredrick Nwabufo, Senior Special Assistant of President Bola Tinubu on the public commitment, in the medium -term scorecard of the administration. Nwabufo speaks with the results of the Tinubu administration in the last two years. He says that the president has provided Leadership Legacy defined by solid reforms …

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NGX: The equity market snapped bullish running because investors lost N54BN

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 …

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Strong acquisition of agricultural land: our case against IMO Govt, Ministry of Sion, by Mbaishii Autonomous Community

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 …

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Repetition ordered NRC to stop selling property

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 …

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Rep the vision of Bago’s governance in Niger

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 …

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Tinubu saved the river from sliding to Anarchy – Fubara

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 …

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The reforms of Tinubu bold but poorly structured – Adp Yabagi chair

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 …

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Tinubu established the N100BN Credit Guarantee Company for MSM

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 …

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Sidi Ould Tah has elected ninth president of African development …

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 …

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Naira obtained N4.59 against dollars in the official window

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 …

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