During this week, investors on the Nigerian Exchange Ltd. (NGX) engaged in trading 2.606 billion shares, accumulating a total value of ₦63.785 billion across 77,593 transactions. In comparison, the previous week saw the exchange of 2.645 billion shares valued at ₦77.005 billion through 86,110 deals, indicating a week-on-week decline of 20.7 per cent in transaction…
The Member representing Itu/Ibiono Ibom Federal Constituency in the House of Representatives, Rt. Hon. Ime Okon, has expressed profound grief over the passing of the mother of the National Chairman of the All Progressives Congress (APC), Prof. Nentawe Goshwe Yilwatda. The late Mama Lydia Yilwatda died at the age of 83. Hon. Okon, in his…
Gunmen, suspected to be bandits, in the early hours of Saturday, attacked four communities in Akure North Local Government Area of Ondo State, leaving in their trail dead bodies. The affected communities are: Aba Alajido, Aba Sunday, Aba Pastor and Ademekun in the Akure North LG. It was reported that scores of people living in…
Afghanistan’s central bank has on Tuesday announced that it will put on auction 15 million U.S. dollars on Wednesday into the local market to boost the national currency afghani. “The bidders including moneychangers and private banks should deposit the necessary money in cash in the form of afghani in the central bank, Da Afghanistan Bank,”…
President Bola Tinubu has reiterated his commitment in undertaking bold and comprehensive reforms to reposition the country’s fisical architecture for resilience, inclusiveness and economic growth. Tinubu said this during the 27th Annual Chartered Institute of Taxation of Nigeria (CITN) Tax Conference in Abuja on Tuesday. The theme of the conference was, “Taxation for development, policies,…
An Ikeja Special Offences Court on Tuesday discharged and acquitted, Femi Fani-Kayode, the former Minister of Aviation, of a medical report forgery charge. The Economic and Financial Crimes Commission (EFCC) had on Nov. 11, 2021, charged Fani-Kayode with 12 counts, including procuring of documents by false pretences, using false documents, fabricating evidence, and using fabricated…
Stephen Nana, popularly known as Stevenator, has opened up on the real reason he stepped down as the manager of Afrobeats singer, Asake. In an interview now circulating widely on social media, Stevenator revealed that he parted ways with Asake due to the overwhelming demands of managing the fast-rising music star, coupled with the strain…
Following the death of Hezbollah leader, Hassan Nasrallah, in an Israeli airstrike in Beirut pressure has been mounting on the regime in Tehran, the biggest ally of the Lebanese militia. While the government hails Nasrallah as a martyr and has ordered five days of national mourning, some Iranians have different concerns. “I don’t like Hezbollah,…
The Ebonyi chapter of All Progressives Congress (APC) on Tuesday dismissed reports of a rift between Gov. Francis Nwifuru and the Minister of Works, Sen. David Umahi. The News Agency of Nigeria (NAN) reports that there were social media reports suggesting a rift between the two big political actors over the control of political structure…
Oando Nigeria’s subsidiary, Oando Trading, has been officially selected as the preferred bidder to lease the refinery assets of Guaracara Refining Company (GRC) from Trinidad Petroleum Holdings Ltd. (TPHL). The selection followed a formal written notification and an announcement by the Honourable Minister for Energy of Trinidad and Tobago on Feb.27. A corporate disclosure released…
