The federal government has announced that they have met the 2025 oil and gas sector revenue benchmarks, marking the first time in years the target has been achieved. The disclosure was carried out by a spokesman for the Chief Executive of the Inland Federal Revenue Service (FIRS), Dr. Dare AdekanMBI, which links development for sustainable peace in the Delta Niger …
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Bye Elections: PDP Agent ‘caught with N30m Cash’ in Kaduna
The Kaduna police confirmed the arrest of a suspected agent of the Democratic Party (PDP), Shehu Fantagi, captured with about n30 million. The money was presumably intended for the fact that the purchase of votes before the Ciao on Saturday elections in Kaduna’s state. Fatania was taken on Friday evening in a hotel in the metropolis of Kaduna, where it …
Read More »NGX Roundup: Capitalization of the N713BN Warehouse Market when investors fight the bearish sentiment
The Nigerian equity market snapped at the 5 -week bullish sentiment to record the loss of N713 billion in the new trading week which had just ended. The market records profits in two of the five trading sessions this week. Market capitalization declined to N91,502 trillion from N92,215 trillion recorded in the previous week. Likewise, the All-Share Index (ASI) appreciated …
Read More »The top 10 stories from all Nigerian newspapers, Saturday, August 16
Here are the top 10 stories throughout the country. 1. Ripplesmetrics: Trends in Nigerian debt services to the GDP ratio to the administration Nigerian debt service obligations increase at speeds that exceed economic growth, with data that shows the state is projected to spend a record of 15.1 percent of gross domestic product (GDP) on debt services in 2025. Read …
Read More »Police: like the “Okada” pilot helped the kidnapping of the Ondo teacher
The Ondo State Police Command said that a motorcyclist helped the kidnappers to perpetuate the kidnapping of a teacher in the state. The police investigators revealed this while talking about seven suspicions of Omoniyi Samuel, professor at the Adekunle Ajasin University of State property, Akungba-Akoko. According to the police, one of the 45 -year -old kidnappers was the commercial motorcyclist, …
Read More »ADC criticized the Nigerian government for the selective use of the Okonjo-iweala economic statement
The African Democratic Congress (ADC) has criticized the federal government for what he described as a selective interpretation of recent comments by the Director General of the World Trade Organization (WTO), Dr. Ngozi Okonjo-iweala, about Nigerian economy. In a statement on Friday signed by the Secretary of its national publicity, Mallam Bolaji Abdullahi, the party accused the government of only …
Read More »Heavy blue immerses the communities of Yobe, moves hundreds
A torrential downpour that hit Pokiskum, Yobe State, in the early hours of Friday he submerged several communities, thinning hundreds of residents and destroying the properties. The state management agency of emergency (traffic) listed the affected areas such as old prison, Filin Mashe, Ungwar Makafi, Ungwar Jaje Bakin Kwari, Afghanistan, Tsangaya, Karofi, Bayan Garejin Dan Juma, Jigawa Bayan, Makarahuta and …
Read More »‘Don’t damage opposition or democracy’
The Southern and Central Belt Leader Forum (SMBLF) has issued a stern warning to the Congress of all Progressive (APC) and the Independent National Election Commission (Inec), warning them to the weakening of the opposition parties through intimidation, persuasion, infiltration, or other hidden tactics. This group emphasizes that Nigerian democratic survival depends on pluralism and strong and credible opposition. In …
Read More »Kaduna: UBA Sani extends health care to vulnerable people
The governor UBA Sani took a step forward towards the expansion of access to quality health care, with the registration of over 15,000 people vulnerable on the Kaduna state health insurance regime. Speaking during the distribution of identity cards to women and children in pregnancy under the age of five, the governor has said that his administration holds “the belief …
Read More »NGX: The equity market closed the red week because investors lost N425BN
The Nigerian equity market closed the red trading week on Friday because investors lost the N425 billion at the close of trade. This follows a decrease in stock prices such as Linkage Assurance PLC, International Energy Insurance, and Lasaco Assurance PLC, among others, on the trading floor. The Benchmark All-Share Index (ASI) fell to 144,628.2 points from 145,300.01 points recorded …
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