BY TEMITOPE ADEBAYO The Nigerian Exchange (NGX) sustained its bullish momentum on Tuesday as renewed interest in tier-1 banking stocks drove the All-Share Index (ASI) up by 0.28 per cent to close at 121,989.67 points. This modest gain translated to an increase of N216 billion in market
BY MOTOLANI OSENI Nigeria’s crude oil output is set to increase by 2,500 barrels per day (bpd) following successful drilling activities by indigenous exploration and production company, Petralon Energy, at the Dawes Island field in Petroleum Prospecting License (PPL) 259. The production boost marks a significant milestone for Nigeria’s upstream sector, reinforcing the
BY MOTOLANI OSENI The Nigerian National Petroleum Company Limited (NNPC) and Shell Nigeria Exploration and Production Company (SNEPCo) offered free eye surgery to Lagosians as part of their Corporate Social Responsibility (CSR) initiative. The initiative known as Vision First, which is in its 4th edition, began in Mushin Local Council Development Area of Lagos State […]
BY MOTOLANI OSENI In a bold move to accelerate Africa’s digital transformation and strengthen small business resilience, UpSkill Universe has launched the Skills for Business programme to train 10,000 small and medium-sized enterprises (SMEs) in Nigeria and South Africa. The initiative, developed in collaboration with HP Inc. and Google, aims to provide business owners
BY TEMITOPE ADEBAYO Wema Bank Plc has reaffirmed its commitment to advancing women’s empowerment by partnering with the SheCan Conference for the fifth consecutive year. This year’s edition – SheCan 6.0, will hold on July 18, 2025, in Lagos, and is expected to host over 7,000 women under the theme ‘SheCan Do More’. Announcing this […]
BY CHUKWUEMEKE IWELUNMO Following the inauguration of the Board of Directors of the Federal Airports Authority of Nigeria (FAAN) by the Minister of Aviation and Aerospace Development, Mr Festus Keyamo, the Secretary General of the Association of Nigeria Aviation Professionals (ANAP), Comrade AbdulRasaq Saidu, has charged the government to name the boards of other aviation
BY MOTOLANI OSENI Investor confidence continued to surge on the Nigerian Exchange (NGX) in the second quarter (Q2) of 2025, as ten leading stockbroking firms accounted for N1.112 trillion worth of transactions between April and June, representing 56.60 per cent of the total market turnover for the period. According to the NGX Broker Performance Report, […]
By Peter Okutu The Special Assistant to the Ebonyi State Governor on Mineral Development and Chairman of the Oferekpe Water Treatment Plant Rehabilitation, Prince John Nwangbo has stated that Oferekpe Water Treatment Plant abandoned for over 8-years was undergoing revitalisation, in order to boost potable water supply across Abakaliki and its environs. Nwangbo noted that
By Owen Akenzua In a bold yet peaceful demonstration, members of the Tricycle and Motorcycle Owners, Repairers, and Riders Association (TMORRA), Delta State Chapter, Udu Zone onTuesday, stormed the Udu Local Government Council Secretariat to protest what they described as widespread extortion, molestation, and intimidation by security personnel and allied groups operating
By Peter Okutu The Provost of Federal College Of Education (Technical), Isu, Professor Okey Reuben Okechukwu, has stated that with the handover of TETFund projects by Gossima Construction Company has put to an end the challenge of office accommodation in the Institution. Professor Okechukwu Ruben stated this at Isu during the handover of the Tet-Fund […]
By Tom Okpe The New Nigeria Peoples Party, NNPP, Lagos State Chapter, on Wednesday declared its decision to boycott the forthcoming Local Government Elections in Lagos State, citing fundamental irregularities, illegalities, and a clear disregard for the rule of law by the Lagos State Independent Electoral Commission, LASIEC. In a statement by its State Chairman, […]
By Owen Akenzua In a bid to create an enabling environment for investments and businesses to thrive for a robust economy, the Delta State Government has assured it’s commitment to the actualization of the strategies and action plans on Ease of Doing Business (EoDB) reforms for both local and foreign investors. This was made known […]
By Msugh Ityokura An umbrella body, “The Southern Zone and Middle Belt Alliance for Peace” has called on the Federal Government, FG to urgently take legal and radical steps to put an immediate stop to security and various forms of insurgency perpetrated by misguided gun wielding non state actors in Nigeria. The group decried the […]
By Ukpono Ukpong The Federal Government has condemned the recent revision of the United States’ visa reciprocity schedule for Nigerian citizens, describing it as unfair and inconsistent with the spirit of bilateral friendship. The new policy limits the validity of key non-immigrant visa categories, including B1/B2 (business/tourist), F (students), and J (exchange visitors)
…As Gowon, Mustapha others eulogises ex president at book launch By Tom Okpe President Bola Ahmed Tinubu has restated his commitment to build on former President Muhammadu Buhari’s reforms, describing him as a man whose leadership stood on the pillars of integrity, accountability, prudence as well as patriotism. The President made this remark during the […]
By Tom Okpe The Minister of Information and National Orientation, Mohammed Idris, has stated that the Nigerian economy is steadily, improving under President Bola Ahmed Tinubu, attributing the progress to wide-ranging reforms, implemented across various sectors by the administration. The Minister made this known on Wednesday in Abuja while receiving members and newly
By Ukpono Ukpong University campuses across Nigeria are witnessing fresh disruption as various branches of the Academic Staff Union of Universities (ASUU) have begun withdrawing their services in response to the non-payment of their June 2025 salaries. The industrial action follows a directive from ASUU’s National Executive Council (NEC), which mandates all branches to
By Tunde Opalana Vandals of electricity infrastructure in the country awaits tougher time as the Senate proposed capital punishment to stem increased incidents of vandalism across states of the federation. The proposal followed the debate on a bill seeking to amend the Electricity Act 2023. The primary objective of the bill sponsored by Senator Enyinnaya […]
By Tunde Opalana Concerned by the increasing sophistication of Ponzi scheme operators and the devastating consequences of their victims, the Senate on. Wednesday tasked the Federal Government to take drastic steps in protecting the citizenry by investigating the lapses that allowed various schemes by the predators to thrive unchecked. The Senate as well berated the […]
By Tunde Opalana The African Democratic Congress (ADC), has condemned the tweet made by an aide of President Bola Ahmed Tinubu, Mr. Bayo Onanuga, which alleges that the opposition is planning to overthrow the Tinubu government before 2027. The party considered this tweet as “reckless and malicious” adding that it believed that “it potentially lays […]