The Nigerian All-Share Index (ASI) closed the trading day of November 7th in negative territory, shedding 501.7 points to settle at 149,524.8 points. This marks the fifth consecutive day of losses, bringing the total market value erased during the week to N2.8 trillion. Friday’s dip represents a 0.33% decline from the previous day’s close of…
Several terrorists have been neutralised after Nigerian Air Force strikes targeted their enclave and an improvised explosive device (IED) factory in the Tsafe Local Government Area of Zamfara State. The two high-impact precision airstrikes were carried out on December 28 at Turba Hill, a confirmed bandit hideout, and at Kachalla Dogo Sule’s camp, a notorious…
One Hundred and fifty-three days after he was declared wanted, former Kogi State Governor Yahaya Bello yesterday turned up at the Economic and Financial Crimes Commission (EFCC) headquarters, ready for questioning over an alleged mismanagement of N80.2billion. The EFCC, however, rejected the method by which he reported to the commission. Bello came in the company…
Iran launched a medium-range ballistic missile, the Sejjil, at Israel for the first time, stated the Islamic Revolutionary Guard Corps (IRGC), according to the Iranian news outlet Tasnim News. The IRGC claims that as part of the twelfth wave of the True Promise 3 operation, ” two-stage super-heavy long-range Sejjil missiles” were fired at Israel….
Weeks after the approval, the National Youth Service Corps (NYSC) has announced that it cannot confirm when the recently approved N77,000 monthly allowance for corps members will be implemented. Earlier, the increase was pegged to start from July 2024, following the Minimum Wage (Amendment) Act 2024, replacing the previous N33,000 allowance. However, despite the official…
GISTSMATE MEDIA reports that the governor of Lagos state, Babajide Sanwoolu has approved N85,000 as minimum wage for civil servants in the state. This is in line with the federal government’s approval of N70,000 as minimum wage in Nigeria. Governor Sanwoolu made this announcement on Channels TV this night in an interview session. “You mentioned…
GISTSMATE MEDIA reports that Barr. Uche Nnam Okwukwu has emerged as the President General of Ohanaeze N’digbo Worldwide. Okwukwu, a renowned activist lawyer, was returned unopposed at the organisation’s convention in Port-Harcourt. He emerged as the consensus candidate among more than four aspirants who sought to lead the Igbo socio-cultural organisation. In his acceptance speech,…
Former presidential aide, Reno Omokri, has criticised Nigerians for what he described as a culture of inconsistency, noting that despite widespread complaints about the country’s economic hardship under President Bola Ahmed Tinubu, the newly released iPhone 17 Pro Max has sold out across the nation. In a post on Facebook on Tuesday, Omokri argued that…
A former presidential candidate of the Labour Party, Peter Obi, has accused the administration of President Bola Tinubu of being hypocritical and playing politics rather than working to better the lives of Nigerians. He made the comment during a press conference in Abuja on Thursday as Nigeria marks Democracy Day on June 12. According to…
GISTSMATE MEDIA reports that the love drama between singer Portable and Queen Dami took a new twist after the third wife reportedly passed out briefly. Queen Dami was rushed to an hospital after she fainted in her home. This came after the couple patched things up, but the reconciliation quickly became a topic of heated…
