NGX Market Loses N1.9tn as Investors Take Profits
The Nigerian equities market ended its recent rally last week as investors took profits, wiping about N1.9 trillion from the market. The market had enjoyed strong gains the previous week,…
Desmond Elliot Apologises to Gbajabiamila Over APC Primary
Lagos State House of Assembly member Desmond Elliot has apologised to Femi Gbajabiamila, Chief of Staff to President Bola Tinubu, over his actions during the last APC primary election in…
MRS Petrol Price Rises by N85 as Dangote Refinery Raises Gantry Price
The MRS petrol price has risen again after the filling station operator increased its pump price from N1,310 to N1,395 per litre in Abuja and surrounding areas. A market survey…
South Africa to Extradite Six Nigerians Over $6m Scam
South Africa will extradite six Nigerian nationals to the United States on Friday over allegations that they defrauded victims of more than $6 million through an online romance scam. The…
Ondo Offers Support to Returnees From South Africa
The Ondo State Government has promised financial aid, skills training and counselling for indigenes who returned from South Africa following xenophobic attacks and security concerns. Governor Lucky Aiyedatiwa made the…
National Assembly Suspends Visits to South Africa
The National Assembly has suspended all official visits to South Africa and ordered lawmakers and officials to boycott legislative activities organised or hosted by South African authorities until further notice.…
Crude Oil Prices Surge Above $101 as US-Iran Attacks Threaten Strait of Hormuz
Crude oil prices climbed above $101 per barrel on Thursday as attacks linked to the United States and Iran intensified around the Strait of Hormuz. Brent crude rose to $102.30…
Falconets vs China: Aduku Demands Response After Spain Defeat
Falconets vs China will give Nigeria’s U-20 women’s team a chance to revive their FIFA U-20 Women’s World Cup campaign after a disappointing opening defeat to Spain. Head coach Moses…
NIS Intercepts 17 Irregular Migrants, Arrests Suspected Kidnappers With N34m
NIS intercepts 17 irregular migrants in Adamawa State as immigration officers also arrest two suspected kidnappers carrying N34 million allegedly paid as ransom. The Nigeria Immigration Service (NIS) said it…
CAC Investigates Doman Engineering Company Over Ownership and Management
The CAC investigation into Doman Engineering Company Limited has raised questions over the ownership, membership and management of the engineering firm. The Corporate Affairs Commission (CAC) announced the investigation in…
