The Nigerian Stock Exchange has witnessed extraordinary gains since President Bola Tinubu took office, with the All-Share Index nearly tripling in just over two years, according to the Tinubu Media Support Group (TMSG). In a statement issued on Wednesday, the group credited the surge to sweeping economic reforms aimed at restoring investor confidence. “The ASI…
The Abuja Electricity Distribution Company (AEDC), on Wednesday said that the the national grid collapsed at about 11.23 a.m. The company made this known on its verified twitter handle in Abuja. It said; ”please be informed that the power outage currently being experienced is due to a loss of supply from the national grid at…
Nigeria’s former electoral commission chairman, Professor Attahiru Jega, has warned that the surge in premature political campaigns could undermine preparations for the country’s 2027 general elections. Speaking at an INEC roundtable on Wednesday in Abuja, Jega called early campaigning “an undesirable aberration” that weakens democratic institutions and gives unfair advantage to candidates who openly flout…
President Bola Tinubu has extended his best wishes to Dr Jobson Ewalefoh, head of Nigeria’s Infrastructure Concession Regulatory Commission (ICRC), on the occasion of his 50th birthday. In a message issued through his spokesperson Bayo Onanuga, Tinubu commended Ewalefoh’s role in driving infrastructure growth via Public-Private Partnerships (PPP). He said the ICRC had, under his…
The Nigeria Immigration Service (NIS) has called on security agencies operating at the country’s frontiers to strengthen collaboration in order to stem human trafficking and drug smuggling. Assistant Comptroller General of Immigration for Zone A (Lagos and Ogun), Echefulam Anugwa, delivered the message during an inspection tour of the Seme border and Lagos Border Patrol…
Plateau State Governor Caleb Mutfwang has commissioned a newly constructed market in Bukuru, Jos South, aimed at creating safer and more inclusive spaces for small businesses. The project, spearheaded by the Jos Metropolitan Development Board (JMDB), features over 470 shops, lock-ups, warehouses, and stalls, along with space for up to 2,000 hawkers. It is part…
A European Union court has ruled that gas and nuclear energy may continue to be labelled as sustainable investments, dismissing Austria’s attempt to overturn the European Commission’s controversial taxonomy rules. Judges at the General Court in Luxembourg announced on Wednesday that the Commission had acted within its powers when it included the two energy sources…
Benue State authorities have launched a housing development in Makurdi designed to bring down rental costs and provide more affordable homes for residents. Governor Hyacinth Alia, represented by Deputy Governor Dr Sam Ode, on Wednesday flagged off the construction of Eco City, a 32-unit housing estate. The initiative is a key element of the state…
Nigerian cinema audiences are set for a gripping experience this autumn as The Herd, a new Nollywood thriller, hits theatres nationwide on 17 October. The release date was confirmed by FilmOne Studios, co-producer of the movie alongside Toritori Films, in a post shared on its verified Instagram page. The announcement, which included the official trailer,…
Governor Charles Soludo of Anambra State has ordered the arrest of suspects linked to the fatal shooting of a woman during a clash at Onitsha’s Main Market. The governor’s directive was contained in a statement released on Wednesday by the Commissioner for Information, Dr Law Mefor, who confirmed that investigations were under way and that…
