News

NGX: The equity market recovered because investors get the N310BN

The Nigerian equity market recovered from the previous day’s decline with N310 billion profits for investors at the close of trading on Wednesday. This follows the surge in stock prices from Chellaram PLC shares, Austin Laz & Company, and the initiative of the place, among others, on the exchange floor. The Benchmark All-Share Index (ASI) increased to 142,036.23 points from …

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Osimhen Misses Galatasaray Champions League

Victor Osimhen will not present for Galatasaray at the UEFA Champions League Tomorrow’s draw at Eintracht Frankfurt. Osimhen was injured by the ankle in the international service with the Super Eagles against Rwanda in Uyo and has not recovered completely to make the trip to Germany. Many expected him to reach this game, but coach Okan Buruk has insisted that …

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Naira spilled N9.88 against dollars in the official window

The Nigerian currency, Naira, depreciated the US dollar in an official window on Wednesday. Nigerian central bank data (CBN) shows that Naira is closed at N1.494.01/$ 1, compared to N1.484.13/$ 1 which is traded on Tuesday. This represents the depreciation of N9.88 for local currencies against American Greenback. Also read: Naira Obtains N13.3 Against Dollars in Official Windows Naira closes …

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Court of Court Sokoto River Basin Director five years to divert public funds

A high state court of Katsina sentenced the director of the administration of the Sokoto Rima Rimin Basin Development Authority (Srrbda), Rabiu Musa Matazu, to five years of prison to deviate the proceeds of the rents belonging to the Agency. The sentence followed a three -year trial after the independent corrupt practices and other related crimes (ICPC) accused Matazu on …

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FIRS confirmed the death of 4 staff in Afrilland Towers Inferno

Federal Inland Revenue Service (FIRS) has confirmed the death of four of its workers in Tuesday’s fire in Afrilland Towers on Broad Street, Lagos Island. The media aide for the executive chairman of the FIRS, Dare Adekanmbi, confirmed the news in a statement on Wednesday in Abuja. He registered the victims as Ekelikhostse George (Assistant Director), David Sunday-Jatto (Assistant Director), …

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Faac N2.2TRN AUGUST Revenue actions to FG, States, LGS …

The Federation account allocation committee (FAAC) shared N2.225,118 trillion of income of the account of the Federation of August 2025 to the Federal Government, to the States and the Councils of the Local Government. The revenues were shared at the August Faac meeting held in Abuja. A press release issued by the FAAC on Wednesday 17 September 2025, said that …

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Lekki Braves, nine others ready when Flag Football Showtime Season XIII returns this weekend

The countdown is over when Showtime Season XIII, the Mixed Flag Football League in Africa, begins on Sunday, September 21, 2025, at the Showtime Arena, Meadow Hall Way, Elevushi, Lekki. Marked in the “Champions Season”, this year’s edition will have 10 teams fighting for supremacy: Lonchorns, Warriors, Lekki Braves, Greenbacks, Knights, Ikan Sports, Raptors, Lagos Alpha, Lagos Rebels and Panthers. …

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Adamawa The government destroyed 2,000 illegal shops in Yola

Adamawa’s state government has destroyed at least 2,000 illegal stores and attachments in the Jimeta Ultra-Modern market in Yola. Chairperson of the Market Recovery Committee, Mr. John Juntuwa, revealed this when speaking to journalists about the training that was taking place on Wednesday in Yola. He said the demolition was part of the steps to restore state capital to the …

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