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Nigeria’s equity market maintained its uptrend as investors earned N131 billion at the end of trading on Wednesday. This follows the increase in share prices of CORNERSTONE, RT BRISCOE and IMG among others on the trading floor today. After five hours of trading in the capital market, equity capitalization increased to N56.7 trillion from N56.6 trillion posted by the exchange …

The Lagos State Government on Wednesday appealed to the public to remain calm over the massive flooding that has hit various parts of the state. This follows heavy rain that lasted for more than nine hours on Wednesday. The state Commissioner for Environment and Water Resources, Tokunbo Wahab, who made the appeal in a statement in Lagos, noted that the …

The South East Governors’ Forum has decided to visit President Bola Tinubu to demand the release of detained Biafran indigenous leader Nnamdi Kanu. The governors took the decision after a meeting in Enugu State on Tuesday, July 2. Present at the meeting were governors Hope Uzodinma (Imo), Alex Otti (Abia), Chukwuma Soludo (Anambra), Francis Nwifuru (Ebonyi) and Peter Mbah (Enugu), …

Nigerian table tennis star Fatimo Bello has expressed her joy after qualifying for the Olympics scheduled to be held in Paris this summer. Ahead of the continental qualifiers in Kigali, Rwanda, the 27-year-old openly stated his intention to participate in the 2024 Olympics. After his less than impressive showing at the 2023 African Games in Ghana, it is unclear how …

The 2024 Edo State governorship election is scheduled for September 21, 2024. The 2024 Edo State gubernatorial election is one of the most anticipated political events in Nigeria, grabbing the attention of political enthusiasts, analysts and Nigerians alike. The Independent National Electoral Commission (INEC) has scheduled the Edo Governorship election for September 21, 2024.

A building, located at 10 Cameroon Street in Mushin, Lagos State collapsed this morning, and a child is feared dead. However, seven other residents were reportedly rescued by sympathizers from the rubble. READ ALSO: Three-storey building collapses on Lagos Island A resident, who spoke to Journalists, said the building collapsed after heavy rains in many parts of Lagos. He said …

The House of Representatives Special Ad Hoc Committee on the Restructuring of Government Agencies and Commissions yesterday began the process of reviewing the recommendations of the Steve Oronsanye Report. The Oronsaye Report, submitted to the Federal Government in 2012 under the Goodluck Jonathan administration, sought to reduce the cost of governance through the merger, abolition and relocation of several government …

A worrying trend in Nigeria’s economic landscape has been revealed. Despite generating over $1 trillion in revenue from oil and gas over the past 40 years, the country is still burdened with a public debt of $91.46 billion (N121.67 trillion) as of March 31, 2024. This paradox raises questions about the management of oil wealth and its impact on the …

  Some youths from the Ijaw Youth Council, IYC and Onuebum community in Ogbia Local Government Area of ​​Bayelsa State on Tuesday barricaded the site of an oil well project in OPL 2005, located in the community. According to the youths, the project owner, Sterling Oil Exploration and Energy Production Company Limited (SEEPCO), has ignored the state government’s directive to …

In an attempt to address the long-standing problem of pending pension payments, the Federal Government has directed the calculation of outstanding pensions for serving federal civil servants. According to a memo obtained by our correspondent, the initiative was a collaborative effort between the Office of the Head of the Civil Service of the Federation and the Ministry of Finance. This …