News

The equity market kicked off the new trading week on a bearish note on Monday, August 19, 2024 as investors lost N746 billion by the end of the trading session. This follows the decline in stock prices such as DANGCEM, NSLTECH AFRIPRUD and others on the trading floor. After five hours of trading in the capital market, equity capitalization decreased …

AC Milan forward Alvaro Morata has revealed that he divorced his wife Alice Campello because he was unwilling to leave Spain and join her in Italy. The Spain international left Atletico Madrid at the end of last season and signed for AC Milan in the summer transfer window. In an interview with TVE, Morata, who has four children with Campello, …

The Nigerian Financial Intelligence Unit (NFIU) has reiterated its commitment to combating money laundering and other financial crimes in the country, and vowed to do everything in its power to do so. Speaking at the opening session of the 1st NFIU Management Retreat in Abuja on Monday, CEO Hajiya Hafsat Bakari stressed the unit’s commitment to working with stakeholders to …

    Tourism industry players in the country have expressed their dissatisfaction with the country’s persistently poor tourism education, following the recent announcement by the National Institute of Tourism and Hospitality (NIHOTOUR). Lola Ade-John, Minister of Tourism/Supervising Minister of NIHOTOUR NIHOTOUR is the most important tourism training institute in the country. NIHOTOUR was established in 1987 following a tripartite agreement …

The Kaduna State Police Command has announced the arrest of two notorious arms dealers and a kidnap informant, as well as the rescue of two kidnap victims in separate operations in the state. According to the Command’s Public Relations Officer, Mansir Hassan, the arms smugglers, Abdulaziz Habibu and Nuhu Thomas, were intercepted by operatives of the Anti-Kidnapping Unit on August …

Nigerian Foreign Minister Yusuf Tuggar has called for international cooperation to combat illicit financial flows and ensure the return of crude oil stolen from London. Speaking at the 6th Annual General Assembly of the West African Anti-Corruption Network, Tuggar stressed the need for global action to address corruption and illicit financial flows, which he said are closely interlinked. “African countries …

The National Peace Committee (NPC) led by former head of state General Abdulsalami Abubakar last week opened itself to calls from some individuals and groups in the country to cancel the 2023 presidential election. In the same week, armed men suspected of being bandits kidnapped 20 medical students in Benue State. This story and three others we tracked dominated public …

Labour Party presidential candidate in the 2023 elections, Peter Obi, on Monday, expressed concern over the results of this year’s West African Senior School Certificate Examination (WASSCE). Results released last week showed a 7.69% decline in performance compared to last year. In a series on his X account, Obi cited a report revealing that only 72.12% of candidates obtained credits …

Power Minister Adebayo Adelabu said on Monday that he had received many calls from unknown persons opposing ongoing reforms in the sector. Adelabu, a former governorship candidate in Oyo State, however, vowed that he would not be intimidated or bullied by those opposed to progress in the sector. The minister, who appeared on Fresh FM’s “Political Circuit” program, said all …

The Supreme Court on Monday stayed the decision in the Bayelsa and Kogi state gubernatorial elections. The All Progressives Congress (APC) candidate duo, Timipre Sylva and his Social Democratic Party (SDP) counterpart, Murtala Ajaka, are challenging the results of the November 2023 elections in Bayelsa and Kogi States. The Independent National Electoral Commission (INEC) has declared Douye Diri and Usman …