Recent Posts

Ondo: LP insists on Olorunfemi as governor candidate, rejects chief Afenifere

The Labour Party has rejected the Secretary-General of the Pan Yoruba socio-cultural group, Afenifere, Chief Olusola Ebiseni, as its candidate in the November 16 governorship election in Ondo State. LP National Publicity Secretary, Mr. Obiora Ifoh, made the clarification in a statement on Wednesday in Abuja. He said Dr. Ayo Olorunfemi emerged as the party’s gubernatorial flagbearer in Ondo State …

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Senator denies RMAFC’s claim of N1 million, says his monthly salary is N21 million

In a shocking revelation, Senator Sumaila Kawu, who represents Kano South, has revealed that his monthly income package exceeds N21 million, contradicting the latest statement of the Revenue Mobilization Allocation and Fiscal Commission (RMAFC). RMAFC Chairman Mohammed Shehu claimed that each senator receives a total salary of N1.06 million and N21 million per month, which translates to N12.72 million per …

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NGX: Oando, Cutix, Academy drag equity market down as investors lose N80 billion

The downward trend in the Nigerian equity market continued on Wednesday as investors lost N80 billion at the close of trading for the day. This follows the decline in share prices of stocks such as OANDO, CUTIX, and ACADEMY among others on the trading floor. After five hours of trading in the capital market, equity capitalization dropped to N55.21 trillion …

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