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The Nigerian stock market closed lower on Wednesday, wiping $801 billion from investors’ wealth as renewed profit-taking ended a three-session winning streak.. The decline followed selling pressure in several large- and mid-cap stocks, including Nestlé Nigeria, BUA Foods, Mecure Industries, International Energy Insurance and UAC of Nigeria. At the close of trading, the market capitalization of the Nigerian Stock Exchange …

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First Lady, Senator Remi Tinubu’s recent visit to the historic weaving community of Akwete, where she donated $2 billion to accelerate the improvement and expansion of Akwete textiles, is a huge boost to the growth of indigenous cottage industries and a huge turning point to Nigeria’s economic diversification efforts. President of Globe Legislators International and former parliamentarian, the Hon. Sam …

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Post views: 61 By Silvernews Preparations have concluded for the 2026 Iri-Ji Mbaise Festival, the annual New Yam celebration of the Mbaise people, scheduled for 15 August 2026 at Oke Ovoro Secondary School, Uvuru, Aboh Mbaise Local Government Area of ​​Imo State. Addressing journalists at a media briefing, Chairman of the organizing committee, Steve Onu, said the committee had …

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The trial of five men accused of concealing the whereabouts of former Bayelsa State governor Timipre Sylva could not proceed as scheduled on Wednesday because the judge was not present. The trial, which was due to begin before Judge Peter Lifu, has now been postponed until the 5thth of October 2026. The long postponement, our correspondent reports, was due to …

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…The NDLEA accuses three Mexicans and seven Nigerians of running an illicit drug factory …The Agency warns that international cartels are moving operations into the forests of the Southwest Daud Olatunji A Federal High Court sitting in Lagos on Wednesday conducted an inspection of an alleged clandestine methamphetamine laboratory in Ogun State as the trial continued of three Mexican nationals …