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Investors at the Nigerian equity market obtained N353 million at the close of trade on Tuesday. This follows the surge in stock prices such as Transcorp Nigeria (Transcorp), Chellarams PLC and Oando PLC. Among others on the trading floor. The Benchmark All-Share Index (ASI) increased to 108,762.61 points from 108,261.47 points recorded on the previous day. After five hours of …

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The state government of Lagos has sealed 35 supermarkets throughout the state for the sale of expired products between January and April 2025. The commissioner for trade, the cooperative, the trade and investments, Mrs. Fubashade Ambrose, made known this Tuesday during a ministerial press briefing to commemorate the second anniversary of the second mandate of the governor Babajide Sanwo-Oell. Ambrose …

The House of Representatives, on Tuesday, rejected the Bill on Presidential Rotation between the Six Geopolitical Zones of the State. The lower legislative room also rejected six other bills on the 1999 constitutional amendment registered to be considered on Tuesday. However, parliament members decided to bring back bills to be considered on Wednesday. In the plenary, parliament members focused on …

Fred Ajudua Fred Ajudua, a businessman and socialite based in Lagos, was arrested by the Commission for economic and financial crimes (EFCC) in relation to a case of $ 1.43 million fraud. The arrest was carried out in Abuja, Tuesday, following a sentence of the Supreme Court on May 5, 2025, which revoked the deposit of Ajudua and ordered his …