News

NGX ROUNDUP: Equity markets recover as capitalization surges by N837 billion

Investors gained N837 billion as equity market capitalization recovered from a slight slump last week. The market strengthened in two of the four trading sessions as the market value increased to N129.8 trillion from N128.9 trillion recorded last week. The All-Share Index (ASI) appreciated by 0.39% to close the week at 201,698.89 points, up from 200,913.06 points recorded in the …

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Middle East War: UN’s Türk slams ‘strict restrictions’ on freedom of speech

“Repression of civil space and freedom of expression is getting worse in the Middle Eastexacerbating the existing climate of fear fueled by various conflicts and crises,” UN Human Rights Chair Volker Türk said on Wednesday. Iran is responsible for the majority of reported arrests, affecting nearly 2,350 people since the conflict began, according to the Türk Office. OHCHR. Those arrested …

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Flutterwave Gets Banking License, Expands Into Full Financial Sector…

Flutterwave has announced that it has received a banking license from the Central Bank of Nigeria, paving the way for the fintech giant to operate as a full-fledged financial institution. The development was made known on Thursday in a statement by Flutterwave CEO and co-founder, Olugbenga Agboola, who described this milestone as a defining moment in the company’s decade-long journey. …

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A Muslim group welcomes Tinubu, calls for a change of power in Ogun, praises Abiodun

The Muslim Advocacy Group has welcomed President Bola Ahmed Tinubu to Ogun State ahead of the commissioning of the Gateway International Airport, describing the project as a catalyst for economic growth and regional development. In a statement issued on Saturday by its Publicity Secretary, Abdul Semi’u Adebesin, the group said the President’s visit to inaugurate the airport marked a major …

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Middle East War: Energy crisis hits vulnerable countries

And with Brent crude still trading at more than $100 a barrel, many workers and households have returned to using oil and coal, raising fears of lasting environmental damage, while many countries have announced fuel rationing and shifted to online meetings. It’s just over four weeks since the Israeli-US bombing of Iran began, sparking a wider regional conflict almost immediate …

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World News Briefs: South Sudan rights, opioid guidelines update, Congo crisis continues

They urged immediate steps to protect civilians, facilitate humanitarian access, and enable internally displaced persons to return in safety and dignity. “South Sudan is at a critical point,” the expert group said. “All parties must immediately cease hostilities and engage in meaningful dialogue to prevent further escalation of the conflict and protect civilians.” Jonglei State was at the epicenter More …

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Shettima insists on running for Kaduna Central Senate and rejects claims of “anointed candidate”.

A senatorial aspirant for Kaduna Central and convener of the Northern Stakeholders Consultative Initiative (NSCI), Yerima Shettima, has reaffirmed her resolve to contest the 2027 Senate elections, dismissing speculations of the emergence of an “anointed candidate” within the ruling party. Shettima spoke while addressing journalists at a press conference in Kaduna, where he said his ambition is driven by the …

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A/ Court rejects NBC’s request to overturn ruling barring it from imposing fines on broadcast stations – THIS END

In a unanimous decision, the Court of Appeal in Abuja today dismissed an appeal by the National Broadcasting Commission (NBC) seeking to overturn the ruling of the Federal High Court permanently barring it from imposing fines on radio and television stations and quashing fines imposed on 45 broadcasting stations on March 1, 2019 for alleged breaches of the Nigeria Broadcasting …

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