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Stanbic IBTC, FCMB Selloffs Drive Midday Loss on NGX The equity market is burning with sell pressures on banking names, the tier-2 lender, due to weak sentiment during the intraday trading session on Thursday. The market has seen sell pressure on Stanbic IBTC Holdings, Fidelity Bank Plc, and FCMB, among others, dragging the banking index […]

Leaked Documents on Fiscal Policy Proposals not Official – FG The Presidency said that two fiscal policy documents in circulation being given wide coverage by the mainstream media and social media platforms were not official. Mr Bayo Onanuga, Special Adviser to the President on Information and Strategy, said this in a statement in Abuja on […]

*Appeals to Army to Spare Innocent Suspects in Aba Soldiers’ Killing Investigation Governor Alex Otti of Abia State has disclosed that credible information about the killers of five soldiers in Aba on May 30, has started trickling in. The Governor who made the revelation when he visited the 144 Battalion Osisioma, Abayi, near Aba, restated […]

African Export-Import Bank, on Thursday, announced an additional disbursement of $925m under the syndicated $3.3bn crude oil-backed prepayment facility sponsored by the Nigerian National Petroleum Company Limited. Its latest accordion disbursement for Project Gazelle Funding Limited brings the total current funded facility size to $3.175bn. Arranged and coordinated by Afreximbank, the accordion arrangement saw the […]

Former President Olusegun Obasanjo has expressed his profound respect for four prominent Nigerians for their patriotic spirit and commitment to providing solutions to two critical situations he faced while serving as Nigeria’s military head of state. Obasanjo, who held this position from 1976 to 1979, mentioned Sir Kashim from Borno, Akanu Ibiam from Enugu, Chief […]

Critical knowledge gaps hinder effective land restoration, demanding urgent investment in research that not only addresses the gaps in understanding land degradation problems but also values and integrates the wisdom of traditional knowledge and heritage. This integration should also extend to the legal framework, ensuring clear comprehension by community stakeholders who are fundamental to the […]

The Nigeria Police Force on Thursday clarified that it is not out to witch-hunt journalists and suppress press freedom through the application of the amended CyberCrime Act of 2024, as alleged by the public. The Force Public Relations Officer (FPRO), Assistant Commissioner of Police (ACP) Olumuyiwa Adejobi, made this clarification while speaking at a joint […]

Lagos State Governor, Babajide Sanwo-Olu, has rewarded the overall best-graduating student of Lagos State University (LASU), Olaniyi Olawale, with N10m. Sanwo-Olu announced this on Thursday at the university’s 27th convocation grand finale in Lagos. The governor urged the graduands and the students to continue to act with integrity and lead a solution focused life as […]

A former chairman of Iwo West Local Council Development Area in Osun state, Tajudeen Babatunde and five others have been sentenced to four years imprisonment over the destruction of farmland. Babatunde was sentenced with an octogenarian man, Kasumu Arohunfesu, Sunday Ajoko, Kohonu Deboye, Adeoye Alabi and Jonas John on Thursday by an Osun State Magistrate […]

Former Big Brother Naija contestant Mercy Eke has expressed her distress and frustration over her funds being stuck at Heritage Bank. She revealed through a series of tweets on her X account that she has over N100 million trapped in the bank. According to her, she was advised to open an account with Heritage Bank […]

Members of the legal team of the detained leader of the Indigenous People Of Biafra (IPOB), Nnamdi Kanu, have submitted a full list of judgements in the matter to the office of the Attorney General of the Federation, Lateef Fagbemi, at the Federal Ministry of Justice in Abuja. The leader of the team, Barr Nnaemeka […]

No fewer than fourteen people are still trapped in the collapsed mine site in Galkogo village in Shiroro local government area of Niger state as 16 others have been rescued alive. The Niger State Ministry of Mining Resources, the Niger State Emergency Management Agency (NSEMA) and the Niger State Police Command confirmed these figures through […]