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The Nigerian Exchange (NGX) rebounded from its recent bearish trend, as equities surged and market capitalization saw a significant gain. This positive turnaround was led by Transcorp and NASCON. The All-Share Index (ASI) closed 0.93% higher, while the market capitalization rose by N339 billion. DANGOTE SUGAR, NASCON, and NAHCO were among the top gainers, while COURTVILLE, ABC TRANSPORT, and TANTALIZER experienced losses. Despite lower trading activity in terms of volume, OANDO emerged as the most traded equity. ZENITH BANK and GTCO performed well, while BUA CEMENT, BUA FOODS, SEPLAT ENERGY, MTN NIGERIA, DANGOTE CEMENT, and AIRTEL AFRICA remained unchanged.
The Delta State Commissioner of Police has responded to a viral audio clip alleging the kidnapping and killing of twenty and ten individuals, respectively, in Delta State. The Commissioner has deemed the information false and an exaggeration, assuring the public of the command's commitment to maintaining security and safety.
Ondo State Governor, Mr Oluwarotimi Akeredolu, has disbanded the media crew attached to the office of his Deputy, Lucky Aiyedatiwa. This move comes amidst alleged rift between Aiyedatiwa and his boss, Akeredolu, who recently returned from medical leave. The affected media aides have been directed to submit all government properties and report back to their various ministries and stations. The Ministry of Information and Orientation has been tasked with providing media coverage for the deputy governor's office going forward.
Lauretta Onochie, the former chairman of Niger Delta Development Commission (NDDC), has called for the arrest of Peter Obi, alleging that he is instigating violence in Nigeria. This article explores the motivations behind Onochie's claim and examines whether it is a desperate move or a valid concern.
The Nigerian Meteorological Agency (NiMet) has predicted thunderstorms and cloudiness across Nigeria from Tuesday to Thursday. The weather outlook highlights the regions and states that are expected to experience these weather conditions. Read on to find out the specific areas that will be affected in this three-day forecast.
An FCT High Court sitting in Bwari has fixed Sept. 14 for definite hearing of a motion seeking an order to commit the Chairman, Independent National Electoral Commission (INEC), Prof. Mahmood Yakubu, to prison over alleged disobedience to court order.
The Nigerian Meteorological Agency (NiMet) has predicted thunderstorms and cloudiness from Tuesday to Thursday across the country. This weather outlook warns of potential flash floods and advises the public to take necessary precautions.
The Nigerian Meteorological Agency (NiMet) has predicted thunderstorms and cloudiness across Nigeria from Tuesday to Thursday. The agency highlighted specific states where these weather conditions are expected to occur. NiMet also cautioned the public about the possibility of flash floods due to moderate to heavy rainfall.
Edo State Government has implemented a free transportation scheme to alleviate the impact of the fuel subsidy removal imposed by the federal government. The scheme, spearheaded by Governor Godwin Obaseki, aims to provide Edo residents with affordable commuting options within the state. The Edo City Transport Service (ECTS) will offer free bus rides during the initial two-month period, covering both intra-city travel within Benin metropolis and connections to major cities across the three senatorial districts. This initiative showcases the government's commitment to the welfare of its citizens.
The Edo State Governor, Mr. Philip Shaibu, has officially resumed at his new office outside the state Government House in Benin-city. The relocation to the new office has been directed by the Permanent Secretary, Office of the Head of Service, and civil servants have already started moving in.
NiMet has forecasted thunderstorm and cloudiness across Nigeria from Tuesday to Thursday. The weather outlook predicts thunderstorms over several states in the morning and later in the day. The agency also warns of possible flash floods and advises necessary precautions to be taken, especially driving and walking through floodwaters. Airline operators are urged to stay updated with the weather reports for effective planning.
The Minister of the Federal Capital Territory (FCT), Nyesom Wike, expressed his displeasure towards the Federal Capital Development Authority (FCDA) officials for their poor handling of a public event. Wike lambasted the officials after a challenge with the public address system occurred during a ceremony. He warned that such embarrassment should never happen again and urged incapable officials to resign.
The Federal Capital Territory (FCT) chapter of the Nigeria Union of Teachers (NUT) has instructed its members to commence an industrial strike due to non-payment of salaries and allowances. The strike is set to begin on September 11th, 2023, affecting both primary and secondary schools across the FCT. The NUT is demanding payment of 25 months arrears and implementation of the 40 percent peculiar allowance for teachers. The union states that the council chairmen have failed to address these issues, leaving them with no choice but to take industrial action. The NUT is urging parents to keep their children safe at home during the strike.
Gunmen suspected to be kidnappers targeted a home in the Mile 6 area of Jalingo, Taraba State, resulting in the death of a housewife and injury to her husband. The incident adds to the rising crime rate in the area, raising concerns among residents. The Taraba Police Command is currently investigating the incident and urging the public to provide any information that may help apprehend the criminals involved.
A tragic boat accident in Niger State, Nigeria has claimed the lives of 28 people, with dozens still missing. The boat capsized in the Niger River while carrying more than 100 villagers, mostly women and children, who were en route to their farmlands. The search and rescue operation is ongoing, with communities rallying together to support the efforts.
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