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Nigerian Army troops have killed four suspected bandits and rescued 20 hostages in Birnin Gwari and Giwa local government areas of Kaduna State. The Commissioner for Internal Security and Home Affairs, Mr. Samuel Aruwan, disclosed this in a statement on Tuesday in Kaduna. He said: “The troops have neutralized a total of four bandits during two operations covering Birnin Gwari …

Here are the top 10 stories making headlines across the country. 1. Revenue allocation drops by N155 billion as central, state and local governments share N1.2 trillion in August The three tiers of government on Tuesday shared a revenue allocation of N1.2 trillion for August. Read more 2. Aviation workers halt protest over 50% IGR cut The National Association of …

Nigeria’s equity market returned from the Eid-el-Mauldah holiday on Tuesday with a gain of N131 billion for investors. This follows a surge in the prices of shares such as FLOUR MILL, FBNH (First Bank of Nigerians Holdings), and VITAFOAM among others on the trading floor. After five hours of trading in the capital market, equity capitalization increased to N56.1 trillion …

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The naira weakened by N110 against the US dollar on the official exchange on Tuesday. Data from the Nigerian Autonomous Foreign Exchange Market (NAFEM) showed that the local currency was trading at N1,656/$1, up from N1,546/$1 traded at the official window the previous day. However, the naira strengthened by N5 against the dollar in the parallel forex market to trade …

The new Management of Salala Rubber Corporation in Weala, Margibi County, discloses the plan to resume operation following closure in June. By Ramsey N. Singbeh, Jr., in Margibi Margibi, Liberia, Sept. 16, 2024: Mr. Jetty (Upjit Singh Sachdeva), owner and operator of Jetty Rubber LLC in Weala, Margibi County, recently acquired the Salala Rubber Corporation or SRC in the same …