The federal government says the Nigerian stock market is experiencing an unprecedented boom, with key indicators showing remarkable growth since President Bola Ahmed Tinubu assumed office on May 29, 2023. The Nigerian Exchange (NGX) has seen its All-Share Index (ASI) and market capitalisation more than triple, reflecting investor confidence and the impact of sweeping economic…
Constituents of Ringim and Taura Federal Constituency have rejected and returned cash gifts from their representative at the National Assmebly, Sa’adu Wada Taura. The outrage by constituents was triggered after the lawmaker published names of those who received cash gifts or support from him since his assumption of office in 2023. The lawmaker recently unveiled…
The Labour Party (LP) faction led by Julius Abure has accused the Independent National Electoral Commission (INEC) of working to undermine democracy ahead of the August 16 bye-elections. The faction alleged that INEC is plotting to exclude its candidates from the polls despite a Supreme Court judgement recognising Abure as the party’s authentic national chairman….
Governor Charles Soludo of Anambra State said he is supporting President Bola Tinubu because of the President’s bold steps on the economy and structural reforms. Soludo made the remarks while speaking to journalists after meeting with President Tinubu on Tuesday at the Presidential Villa in Abuja. He urged political parties that identify as progressive to…
President Bola Tinubu on Tuesday received Chukwuma Soludo, governor of Anambra, at the State House in Abuja. Soludo, who arrived for a closed-door meeting with the president, was seen wearing a cap emblazoned with Tinubu’s insignia. Wearing red traditional attire, the Anambra governor completed the look with a branded white Faze cap. Soludo has served…
Minister of Power Adebayo Adelabu has denied claims that he constructed a luxury mansion within two years of assuming office. A viral video published by an online platform alleged that Adelabu funded an extravagant lifestyle through corrupt means, citing a newly built mansion allegedly completed during his tenure. In a statement issued by his media…
Latest crude oil price drop threatens Nigeria’s revenue and naira stability Nigeria’s average daily crude oil production rose to 1.507 million barrels per day (bpd) in July 2025, surpassing the Organization of the Petroleum Exporting Countries’ (OPEC) target for the second month in a row. This update was contained in OPEC’s latest Monthly Oil Market…
The Nigeria Customs Service (NCS) has intercepted 16 containers of contraband, including arms, ammunition, expired pharmaceuticals, prohibited foods, and counterfeit products, with a total duty paid value of more than N10 billion. Addressing journalists at the Apapa Command on Monday, Comptroller-General of Customs, Adewale Adeniyi, said the seizures were the result of coordinated operations with…
President Bola Tinubu has appointed Chisom Obih to the governing council of Alex Ekwueme Federal University, Ndufu-Alike, Ebonyi State. Obih’s appointment follows the death of a council member. Tinubu also appointed Ralph Akinfeleye, communications scholar and former head of the mass communication department at the University of Lagos, to the governing council of Obafemi Awolowo…
Prominent activist and former presidential candidate Omoyele Sowore on Tuesday led a protest to the headquarters of the National Youth Service Corps (NYSC) in Abuja, demanding the immediate release of the discharge certificate of Ms Ushie Rita Uguamaye, a corps member whose service year was allegedly extended unjustly. The protest follows allegations of political victimisation…