News

Investors in the Nigerian equity market enjoyed a fairly profitable trading week on the NGX floor, gaining N480 billion in the just-ended trading week. This comes after a loss of N107 billion in the previous week. The bourse posted losses on two of the five trading days and made gains on three as equity markets began to recover from the …

The Nigerian Police have confirmed the invitation of popular Nollywood actress, Tonto Dikeh, to the Police Headquarters for questioning. The actress was summoned in connection with an ongoing investigation into allegations of criminal defamation, cyberbullying, and forgery. According to a statement issued by the Police Public Relations Officer, ACP Muyiwa Adejobi, the invitation was issued on the direction of the …

Here are the top 10 stories making headlines across the country. 1. New trouble for Ganduje as Kano government files new charges against him and three others The Kano State Government has filed fresh fraud charges against former Governor Abdullahi Ganduje, Local Government Commissioner Murtala Garo and two others – Lamin Sani and Muhammad Takai.Read more 2. Staff and patients …

The Nigeria Cycling Federation (NCF) has clarified that Ese Ukpeseraye, the country’s sole cyclist at the ongoing Paris 2024 Olympic Games, was not initially registered to compete in the track event. The report went viral after Ukpeseraye posted on his X account that he was participating in the keirin event using a bike borrowed from a German team. Responding to …

By Neha Tandon Sharma Via X / @RicardoBSalinas There are some superyachts that haven’t budged an inch, like the ill-fated Alfa Nero or the mighty Dilbar, and then there are some superyachts that you wish hadn’t budged an inch. A prime example is Steve Jobs’ widow Laurene Powell’s $140 million superyacht Venus, which rammed (read: just touched down and went) …

The Peoples Democratic Party (PDP) has formed a 25-member National Reconciliation Committee to resolve differences within the party. The committee is headed by former governor of Osun state, Prince Olagunsoye Oyinlola while his counterpart from Gombe state, Ibrahim Dankwambo, will serve as secretary. PDP National Publicity Secretary, Debo Ologunagba, disclosed this in a statement on Friday in Abuja. He said …

Nigeria’s equity market closed the week with a gain of N270 billion by investors on Friday. This follows the increase in stock prices such as JULIUS BERGER, ETERNA, and UCAP among others on the trading floor today. After five hours of trading in the capital market, equity capitalization rose to N55.9 trillion from N55.7 trillion recorded by the bourse on …

The Lagos Environmental Sanitation Corps (LAGESC) on Friday intercepted a truck loaded with styrofoam wrappers in the Ojuelegba area of ​​the state. The state government in January banned the use and distribution of Styrofoam and other single-use plastics across the state as they pose a threat to the environment. Styrofoam is a raw material for producing disposable plates used in …

Dangote Refinery and Petrochemical Plant Operator has rejected claims by one of the regulatory bodies in Nigeria’s oil and gas ecosystem, the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), regarding crude oil supplies. The NUPRC in a recent statement claimed that its nine refineries had benefited from its supply of 32 million barrels of crude oil — with Dangote alone getting …

An ATR-72 plane with 62 passengers crashed in the city of Vinhedo in the state of São Paulo, Brazil, on Friday. The plane, operated by Voepass Linhas Aéreas, was heading to Guarulhos in São Paulo from Cascavel, in Paraná state when it crashed. Video of the incident on social media showed the plane plummeting to the ground before disappearing into …