News

Conoil, Oando, GTCO, Zenith Bank top the list of stocks to watch this week as investors start trading in the second half of the year. Nigerian equity markets plunged in three of the five trading sessions as the benchmark All-Share Index (ASI) fell -0.04% to close at 100,022.03 points from 100,057.49 points in the previous week. Investors lost N20.75 billion …

As the deadline of July 7, 2024 issued by the Corporate Affairs Commission (CAC) to Point of Sales (PoS) operators in Nigeria to register their businesses has expired, the Commission has extended the registration process for an additional 60 days. According to the commission, this extension is necessary to provide sufficient time for Operators, especially those in remote areas who …

Peter Obi, Labour Party, LP, a presidential candidate in the 2023 general elections, has urged Nigerian political leaders to learn from the recent upheaval in Kenya. Obi made the call on Sunday via his official account X. He was reacting to recent protests against proposed tax increases by Kenyan citizens, especially the youth. He lamented that Nigerian political leaders were …

  Former Minister of State for Budget and National Planning, Prince Clem Ikanade Agba, CON, has expressed his condolences over the demise of a member of the Governing Council of the All Progressives Congress (APC) in Edo State, Prince Malik Afegbua, describing him as a loyal and dedicated party man. The late Prince Malik Afegbua Agba, in a statement, said …

NELFUND announced that 36 state-owned institutions eligible for student loans can now apply for student loans effective July 7, 2024. This development follows the successful submission of student data by these institutions to the NELFUND Student Verification System (SVS). In an official statement posted on Sunday, NELFUND stressed the importance for all remaining state institutions to immediately submit their students’ …

Michael Olise has signed a five-year contract with German giants Bayer Munich after completing his move from Premier League club Crystal Palace. Olise played half of Palace’s Premier League games last season due to a hamstring injury. The 22-year-old England-born France Under-21 forward made 90 appearances in all competitions during three seasons with Palace. He joined the Eagles from Reading …

The Oyo State Government has expressed anger over the damage done to the newly renovated section of the Olusoji-WCCI road, just days after it was officially reopened to the public. In a statement issued on Sunday in Ibadan, the state capital, the Executive Chairman of the Oyo State Road Maintenance Agency, Busoye Ogunlade, condemned the incident and vowed to take …

The Peoples Democratic Party (PDP) has dismissed the setback ahead of the Edo State governorship election on September 21, 2024, insisting that the smear campaign against its candidate, Asue Ighodalo, is a futile effort. It would be recalled that Justice Inyang Ekwo of the Federal High Court in Abuja recently annulled the PDP primaries following a legal challenge (FHC/ABJ/CS/165/2024) filed …

President Bola Tinubu has been re-elected as the chairman of the Economic Community of West African States, ECOWAS, during the 65th Ordinary Session of the Authority of Heads of State and Government at the Presidential Villa, Abuja, Nigeria. President Tinubu, who accepted his re-election, stressed the importance of financial commitment from member states to effectively address security challenges. He also …

The Socio-Economic Rights and Accountability Project (SERAP), has written to President Bola Ahmed Tinubu to ensure that the judgment delivered by Justice Deinde Isaac Dipeolu of the Federal High Court, Lagos, ordering the Federal Government to release details of the expenditure of N729 billion by the former Minister of Humanitarian Affairs, Disaster Management and Social Development, Sadia Umar-Farouk, is complied …