Governors, LGs disagree over operation of sovereign wealth funds

The Association of Local Government of Nigeria (ALGON) has complained of exclusion from the operation of the Nigeria Sovereign Wealth despite owning 17.8 percent of the National Sovereign Investment Authority (NSIA). While appearing before an ad hoc committee of the House of Representatives investigating the NSIA on Tuesday, it said local governments have not been […]

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Obi’s camp debunks planned merger with Atiku, Kwankwaso

The National Secretary of Labour Party, Umar Farouk, and Tai Obasi, and the media aide to the LP flag bearer, Peter Obi have denied knowledge of an ongoing merger arrangement with the presidential candidate of the Peoples Democratic Party, Atiku Abubakar and his counterpart in the New Nigeria People’s Party, Senator Rabiu Kwankwaso. The duo […]

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African Union suspends Niger, demands restoration of constitutional order

The African Union on Tuesday suspended Niger from all of its institutions and activities following last month’s coup “until the effective restoration of constitutional order.” In a communique issued on Tuesday, the bloc noted that its decision to suspend Niger followed the failure of the military junta to hand over power to the democratically elected […]

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Niger coup: What I told Tinubu – Abdulsalami

ECOWAS envoy and former Nigeria’s Head of State, Gen Abdulsalami Abubakar, left, at the State House to brief President Bola Tinubu on a visit to Niger’s military junta. Former Military Head of State, General Abdulsalami Abubakar, on Tuesday, visited President Bola Tinubu in Abuja to brief him on the outcome of his diplomatic shuttle to […]

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Gains in BUA, Stanbic IBTC, others lift capitalisation by N262 billion

Nigerian Exchange Limited (NGX). Photo/Facebook/ ngxgroup Following gains recorded in BuaFoods, Stanbic IBTC, and 29 stocks, the Nigerian equities market reopened in an upbeat yesterday, as market capitalization rose by N262 billion. At the close of transactions yesterday, the market capitalization of listed equities appreciated by 0.74 percent to N35.684 trillion from N35.42 trillion reported […]

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Getting economy out of woods: The tasks before Wale Edun

With Nigeria’s fiscal stability at a breaking point and the 2023 budget dismissed as unimplementable, Collins Olayinka and Joseph Chibueze write that the new Minister of Finance, Wale Edun, has his job in the next one year clearly cut out. For Nigerians and stakeholders in the financial space, the main task before Wale Edun as […]

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Ogun top sports official Olopade storms Budapest to cheer Tobi Amusan, others

Former Sports Commissioner in Ogun State, Chief Bukola Olopade, arrived in Budapest, Hungary, on Monday morning with the sole aim of cheering the World Record holder in the women’s 100m hurdles, Tobiloba Amusan, to victory in defence of her title. Amusan started her campaign here in Budapest on Tuesday at the National Athletics Stadium. He […]

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American psychologist hits Budapest for Tobi Amusan

To save Tobi Amusan from the trauma of her suspension by the Athletes Integrity Unit (AIU) before she was eventually cleared to participate in the ongoing World Championships, the United States has dispatched a top sports psychologist to Team Nigeria’s camp in Budapest. Though, Amusan, the World Athletics Record holder in 100m hurdles, said on […]

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Amusan raises Nigeria’s medal hope, strolls into semifinal in Budapest

Nigeria’s Tobi Amusan (C) crosses the finish line ahead of Jamaica’s Megan Tapper (R) and Netherlands’ Maayke Tjin-A-Lim in the women’s 100m hurdles heats during the World Athletics Championships at the National Athletics Centre in Budapest on August 22, 2023. (Photo: AFP) Nigeria’s Tobiloba ‘Tobi’ Amusan, the world record holder in the 100 metres hurdles, […]

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