Equity Market Sustains Bullish Rally by 2.03% as Capitalisation Hits N87 Trillion

The Nigerian stock market continued its upward trend with a gain of N1.74 trillion on Tuesday. Market capitalisation rose by N1.74 trillion, or 2.03 per cent, closing at N87.191 trillion, compared to N85.455 trillion recorded on Monday. Similarly, the All-Share Index (ASI) climbed by 2,746.36 points, or 2.03 per cent, to reach 137,912.87 as against…

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Nigeria Commits $538m On SAPZ – Shettima

Vice-President Kashim Shettima said Nigeria has already committed $538.05 million to the first phase of the Special Agro-Industrial Processing Zones (SAPZ) programme. Shettima made this known on Tuesday  at the United Nations Food Systems Summit Stocktake (UNFSS+4) in Addis Ababa, Ethiopia. The News Agency of Nigeria (NAN) reports that SAPZ is  a flagship initiative aimed…

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EFCC Arrests 11 Suspected Illegal Miners In Akwa Ibom

Operatives of the Uyo Zonal Directorate of the Economic and Financial Crimes Commission (EFCC) have arrested 11 individuals for alleged involvement in illegal mining operations without the required licences. This was disclosed in a statement by the EFCC spokesperson, Dele Oyewale, on Monday in Abuja. According to the Commission, the suspects were arrested on Thursday…

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Ribadu, Musa Highlight Security Gains Under Tinubu Administration

The National Security Adviser (NSA), Malam Nuhu Ribadu, and the Chief of Defence Staff (CDS), Gen. Christopher Musa, have highlighted significant achievements recorded by the Federal Government in addressing insecurity since the assumption of office by President Bola Ahmed Tinubu. The duo spoke during a plenary session at the ongoing two-day Interactive Session on Government–Citizens’…

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