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Beer drinkers are to pay more from next Monday, February 19. The Nigerian Breweries Plc announced an upward price change for its Stock-Keeping Units (STUs) with effect from February 19. A letter dated February 12 titled: ‘Price review notification,’ by the Zonal Business Manager (West), Lekan Awosanya reads in part, “This is to inform you […]

*I’m Sad I Wasn’t Able To Bring The Cup Back To Nigeria Says Peseiro President Bola Tinubu has said that the Super Eagles of Nigeria showcased the strength of diversity through their team spirit and discipline at the Africa Cup of Nations in Côte d’Ivoire. The President said this while speaking at a reception in […]

A Sharia court in Kano has ordered the remand of notorious TikTok influencer, Murja Ibrahim Kunya at the Kurmawa Correctional Facility pending hearing of charges against her. The Kano Hisbah Board arrested Murja on Tuesday morning at her Hotoro residence after weeks of pursuit. She is accused of being a public nuisance, indecency and attempting […]

Equities Investors’ Wealth Rises by N101bn as NGX Rallies Equities investors gained about N101 billion in the Nigerian stock market as the local exchange opened in the green. The solid capital appreciation was registered as the open bullish amidst earnings release. On Monday, stock market key performance indicators grew by +0.18%. The market’s positive performance […]

Naira Sinks, Official Rate Exceeds Parallel Market by N46 The local currency recorded a 4.2% loss in value to settle at N1,534.39 against the US dollar at the Nigerian Autonomous Foreign Exchange Market due to the gap between demand and supply of FX. Similarly, in the parallel market, the Naira weakened by 1.22% to close […]

Bitcoin Nears $50k in Latest Crypto Market Rally Bitcoin, the world’s biggest cryptocurrency, is trading near $50,000, its highest since Dec 2021, while Ether has gained 2.3%, trading at $2,560.90. The rally in the crypto market space was supported by strong demand for exchange-traded funds. Last Monday, the price of bitcoin hovered just above the […]Read More

AFCON: Gov Otti Hails Super Eagles’ Unrelenting Show of Strength Gov. Alex Otti of Abia has commended the Super Eagles for their unrelenting show of strength during the final of the Africa Cup of Nations (AFCON) 2023 against Elephants of Cote d’Ivoire on Sunday. Otti gave the commendation in a statement signed by his Chief […]

Nurses Protest Against Guidelines of Verification of new Certificate Some nurses under the aegis of the National Association of Nigeria Nurses and Midwives (NANNM), FCT Chapter, on Monday, protested against the new verification certification guidelines recently released by Nigeria and Midwifery Council of Nigeria (NMCN). The NMCN had on Feb. 7, issued a circular revising […]

No Plans to Tax Online Content Creators – FIRS The Federal Inland Revenue Service (FIRS), says it has no plans to tax online content creators. According to a staff of the agency who spoke under the condition of anonymity, skit makers are individuals who do not fall within the purview of the FIRS. “FIRS does […]

Alleged Procurement Fraud: EFCC Opens Case Against Emefiele The EFCC on Monday opened its case in the trial of the suspended Central Bank Governor (CBN), Godwin Emefiele, on procurement fraud charge in an FCT High Court in Abuja. The anti-graft agency had charged Emefiele with amended 20 counts of criminal conspiracy, conferring undue advantage, and […]

US Dollar Rises Ahead of Economic Data The US dollar rose against its major trading partners early Monday, except for a decline against the yen, as markets prepare for a busy week of key economic data, particularly consumer price index and retail sales reports, before the long holiday weekend. The New York Federal Reserve’s inflation […]

Oil Retraces as Middle East Tensions Ease Crude oil prices drop following easing tensions in the Middle East. The worry over geopolitical tension was reduced after Israel said it ‘concluded’ its attacks on Gaza. Meanwhile, a weaker US dollar encouraged oil trade and limited further price losses. Brent traded at $81.85 per barrel following a […]