The Nigerian stock market on Thursday ended its four-day winning streak with a loss of N143 billion. Sell-offs in Guaranty Trust Holding Company(GTCO), Zenith Bank, Oando Plc, among other blue chips, dragged the market performance down. Notably, the Nigerian Exchange Ltd. (NGX) market capitalisation, which opened at N59.534 trillion,...
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A former Speaker of the House of Representatives, Mr Yakubu Dogara, has tasked former legislators to speak out against any wrong-doing, irrespective of their political or regional affiliations, to preserve Nigeria’s democracy. Dogara stated this on Thursday in Abuja while addressing former members of the house at the 2024...
The Managing Director of Bank of Industry (BoI), Mr Olasupo Olusi, has said the bank has raised over $5 billion from the international capital markets through Eurobonds, loan syndications, and green finance instruments since 2017. Olusi made this known on Thursday at the BoI’s 65th anniversary news conference in...
By EZEKIEL OBI, Abuja – Former Presidential candidate of the People’s Democratic Party (PDP), Alhaji Atiku Abubakar, has criticized President Bola Tinubu over the recent loan proposal. Alhaji Abubakar expressed his concerns about the World Bank’s report, which shows Nigeria as the third most indebted country to the International...
A former Deputy National Chairman of the People’s Democratic Party (PDP), Chief Bode George, has said all is not well with the former ruling party because of selfish interests. George, who made this remark at a news conference to commemorate his 79th birthday on Thursday in Lagos, said that...
A former Director-General of the Labour Party (LP) Presidential Campaign, Dr Doyin Okupe, has said the 2023 Presidential election was not rigged by the ruling All Progressives Congress (APC). Okupe, a former spokesman for President Olusegun Obasanjo and President Goodluck Jonathan, disclosed this in a statement on Thursday in...
Senate on Thursday at plenary approved the new external borrowing plan request of $2.2billion dollars presented for consideration by President Bola Tinubu. The approval followed adoption of report of Senate Committee on Local and Foreign Debts. The report was presented by the Chairman of the Committee Sen. Aliyu Wammako...
Fans and supporters of Nigerian music superstar Davido, popular known as ‘OBO’, have continued to celebrate him with goodwill messages as he turns 32 on Thursday. The News Agency of Nigeria (NAN) reports that the ‘Unavailable’ crooner, while expressing gratitude to God and his fans, had earlier in a...
Nasarawa State Police Command has confirmed that three persons lost their lives in a clash between farmers and herders in the state. Commissioner of Police in the state, Mr Umar Nadada, made the disclosure while briefing newsmen on Thursday in Lafia. He said that the incident happened in Dogon...
The National Economic Council (NEC) has mandated Kwara, Adamawa, Kebbi and the Federal Capital Territory (FCT), to submit their positions on the proposed establishment of the State Police within one week. Gov. Douye Diri of Bayelsa, said this on Thursday while briefing newsmen at the end of the NEC...
President Bola Tinubu has said his administration will continue to prioritise the welfare of the poor and most vulnerable. The President stated this on Wednesday night in Rio de Janeiro, Brazil, when Kristalina Georgieva, the Managing Director of the International Monetary Fund (IMF), paid him a courtesy call on...
Kenya’s government has said it was investigating how a prominent Ugandan opposition leader was spirited out of Nairobi this week, amid growing criticism that it had failed to protect foreign dissidents on its soil. Kizza Besigye, a longtime rival of Ugandan President Yoweri Museveni, disappeared in the Kenyan capital...
The Defence Headquarters (DHQ) says the troops have killed a notorious terrorist commander named Munzur Ya Audu in North East and 114 others through well executed operations across the country. The Director of Defence Media Operations, Maj.-Gen. Edward Buba, made this known while briefing newsmen on the operations of...
Lagos State Governor, Babajide Sanwo-Olu has presented N3,01 trillion budget the Lagos State House of Assembly for 2025. The budget tagged “The Budget of Sustainability” was presented on Thursday. “This budget comprises a total revenue of N2,597,034,000,000 and a deficit financing of about N408,002,000,000. “The total revenue comprises internal...
By SADIQ ABUBAKAR, Maiduguri – Borno State Governor, Babagana Umara Zulum, has approved a pay rise for medical doctors in the state civil service to match the one earned by those working with the federal government. Governor Zulum announced the approval on Wednesday while delivering his address at the...
The former Minister of Petroleum, Diezani Alison-Madueke, on Thursday, sought to amend her suit challenging the order obtained by the EFCC for final forfeiture of her seized assets. Alison-Madueke, through her lawyer, Godwin Iyinbor, told Justice Inyang of a Federal High Court in Abuja upon resumed hearing in the...
The Nigeria Governors’ Forum (NGF) has pledged its support for the ongoing amendment of the country’s constitution. The forum, under the leadership of Gov. AbdulRahman AbdulRazaq of Kwara, made the commitment in a communiqué issued at the end of its 7th physical meeting on Wednesday night in Abuja. Gov....
Anambra State Police Command has said the shooting in Nnewi on Wednesday was not to disrupt the burial of late Sen. Ifeanyi Ubah. It said the shooting was from another security agency which mistook the police operatives as unfriendly forces and shot at them. Superintendent of Police (SP) Tochukwu...
Nigerian global music sensation, David Adeleke, popularly known as Davido, is 32 today, and he is marking the milestone with a livestream “Davido & Friends Birthday Concert” to his fans worldwide. The News Agency of Nigeria (NAN) reports that the Grammy-nominated singer stated this on his X account (formerly...
The Catholic Church has called on Nigerians to combat hunger and foster societal transformation by embracing the “Okpaleke Model,” which promotes self-reliance, community engagement, and equitable resource use. The Church made this known in Abuja on Wednesday at its 2024 Annual General Meeting (AGM) and Seminar. The News Agency...