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The equity capitalization in the Nigerian capital market crashed by 1.24 percent at the close of trading on Monday. This represented a N463.6 billion drop in the value of investments at the capital market from N37.29 trillion to N36.83 trillion after five hours of trading today. Similarly, the All-Share Index dipped by 847.16 basis points to close at 67,296.18, down …

Despite warnings from the Nigerian Meteorological Agency (NiMet) and the Nigeria Hydrological Services Agency (NIHSA) about the impending floods, the Kebbi State government failed to take adequate measures to prevent or mitigate the impact of the disaster. This negligence resulted in widespread flooding, which caused significant loss of life, property, and livelihoods. SHEREEFDEEN AHMAD reports. Six months after losing her …

Gunmen suspected to be herdsmen reportedly killed three people at Imatom village in Logo local government area of Benue State on Saturday night. A community leader, Anawa Joseph, confirmed the incident to journalists on Sunday. He listed the victims as Tertsea Terkimbi Adagundu, Tertsea Mkposu, and Mimidoo Umburga. READ ALSO: Suspected herdsmen attack Benue passenger bus, kill one The community …

Portugal forward Cristiano Ronaldo has clinched his first trophy since arriving Saudi Arabia from Europe. Ronaldo helped Al-Nassr win their first Arab Club Champions Cup title despite finishing with nine men after extra time. The 38-year-old played a key role as his team came from behind to beat fellow Saudi side Al-Hilal 2-1 in the final on Saturday. Read Also: …

The death toll from the boat mishap in Mokwa local government area of Niger State had risen to 30. Emergency responders had on Sunday evening recovered 26 bodies from the scene of the accident. A wooden boat conveying passengers from Gbajibo water side to Tungan-Mango for farming activities capsized in the communities between Jebba and Kainji Dam in Mokwa local …

  The National Health Insurance Authority (NHIA) has collaborated with the National Agency for Food and Drug Administration Control, (NAFDAC) to ensure a sustainable access to affordable and acceptable quality medicines for citizens. The Director General NHIA, Prof. Mohammed Sambo, stated this recently during a courtesy visit to NAFDAC in Abuja. He added that the aim of the collaboration is …

Operators in the transport business and other businesses have been called upon to embrace electric vehicles as their choice for mass mobility in the country because it gives the best returns on investment when compared with fuel vehicles. Sanjay Rupani, Director of Sales for Jets Systems Limited, manufacturer of Jet Mover electric buses, disclosed this while speaking at the 2023 …

The Federal Government has said that two of its programmes targeted at alleviating the impact of fuel subsidy removal will soon kickoff. The Minister of Industry, Trade and Investment, Dr. Doris Uzoka-Anite, disclosed this at the weekend, listing the two programmes as presidential conditional grant and presidential palliative loan. “In the presidential conditional grant programme, the federal government will disburse …

The Human Rights Writers Association of Nigeria (HURIWA) and the Patriotic Defenders of National Institutions have raised concerns about the integrity of the Nigerian certification process, pointing out deficiencies and inconsistencies in the Enugu Governorship Election Petition Tribunal’s recent judgment that upheld Mr Peter Mbah as the winner of the governorship election in Enugu. They said the tribunal upholding Mbah’s …

A Human Rights Lawyer and Senior Advocate of Nigeria (SAN), Femi Falana, on Sunday, knocked lawmakers at the National Assembly for attempting to amend the Universal Basic Education Act of 2004 by introducing severe penalties for parents who fail to send their children to school. Falana, who bared his mind in a statement he personally signed, urged the lawmakers to …