News

NGX: Dangote Cement, NEM lead gainers as Investors made N497 billion in five hours

Investors in the Nigerian equity market earned N308 billion at the close of trading on Thursday. This follows the soaring prices of shares such as Dangote Cement, NEM Insurance and Jaiz Bank Plc among others on the stock exchange floor. The benchmark All-Share Index (ASI) jumped to 146,988.04 points from 146,204.33 points recorded the previous day. After five hours of …

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Fidelity Bank Set to Disburse N5bn NCGC Credit Guarantee Line to Increase MSME Financing

Tier 1 bank, Fidelity Bank Plc, has announced its readiness to begin disbursement of funds under the N5 billion credit intervention program of the National Credit Guarantee Company (NCGC). The initiative is designed to expand access to finance for micro, small and medium enterprises (MSMEs), as well as women- and youth-owned businesses across Nigeria. Fidelity Bank Plc Managing Director/Chief Executive …

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The group praises Ojulari’s transparency as NNPCL submits responses to N210trn audit questions

Group hails Ojulari’s transparency as NNPCL submits responses to N210trn audit questions …The battery supports Tinubu’s vision in restoring the lost glory of NNPCL A coalition of civil society and accountability advocates under the aegis of the Network for Transparency and Economic Reform (NETER) has praised the Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPCL), Bayo …

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Former Governor Suswam ruled out switching to APC

Benue State Governor, Gabriel Suswam, said on Friday that he has no plans to join the All Progressives Congress (APC). Suswam rubbished the rumors in a statement issued by his media aide, Mr. Bede Bartholomew, in Makurdi. Governor Hyacinth Alia has invited stakeholders in the state to attend a state dinner, and the development sparked insinuations that Suswam would switch …

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Boko Haram attacks Borno military post, killing four soldiers

At least four soldiers were killed when suspected Boko Haram insurgents attacked a military post along Damaturu–Maiduguri Road in Kaga Local Government Area of ​​Borno State on Friday. Operation Hadin Kai spokesperson, Lieutenant Colonel Uba Sani, who confirmed the news in a statement in Maiduguri, said five other soldiers were injured in the incident which occurred at 02.30 on Friday. …

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Mass layoffs of federal workers begin as Trump presidency seeks…

The White House budget office said Friday that mass layoffs of federal workers have begun, an attempt by President Donald Trump’s administration to put more pressure on Democratic lawmakers as the shutdown drags into its 10th day. Russ Vought, director of the Office of Management and Budget, said on the social media site X that the “RIFs have begun,” referring …

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Representatives will investigate mismanagement of funds spent on oil spill cleanup

The Speaker of the House of Representatives, Tajudeen Abbas, has inaugurated an Ad hoc Committee to investigate the mismanagement of funds released by the Federal Government for the cleanup of the oil spill in the Niger Delta. In his remarks at Friday’s ceremony in Abuja, the speaker expressed confidence that the committee would deliver a fair, just and balanced report. …

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Oyebanji presented the N415.5bn 2026 budget proposal to the Ekiti Assembly

Ekiti State Governor, Biodun Oyebanji, on Friday presented the 2026 budget estimate of N415.57 billion to the state House of Assembly. The Governor, in his remarks at the event in Ado Ekiti, said the 2026 appropriations bill dubbed “Impactful Administration Budget” would consolidate the various achievements recorded by his administration in the last three years. He added that the appropriations …

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Union Bank strengthens ties with media at informal event

Union Bank of Nigeria recently hosted an informal and engaging meet and greet session with leading media professionals at The Stallion Plaza, its headquarters in Marina, Lagos. The event, held at SpaceNXT, the Bank’s purpose-built co-creation hub for innovators and creators, was designed as a relaxed platform to foster personal connections and deepen mutual understanding between the Bank and media …

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Super Eagles fly for the Uyo Showdown

Officials have informed SCORENigeria that the Super Eagles will fly to Uyo tomorrow morning on a chartered flight from South Africa. The flight is scheduled for 8am Nigerian time. This was after a 2-1 win against Lesotho in Polokwane, South Africa, on Friday. They will host Group C leaders Benin on Tuesday in Uyo, hoping to win at least 2-0 …

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