The Nigerian stock market extended its positive momentum on Tuesday, October 15, 2024, posting a 0.33 percent gain. This gain added N197 billion to investors’ portfolios. The stock market capitalisation, which opened at N59.510 trillion, closed higher at N59.707 trillion. The All-Share Index (ASI) also rose by 0.33 percent, advancing by 326 points to close […]
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The naira has been listed among the worst-performing currencies in Sub-Saharan Africa in 2024. This was according to the latest edition of Africa’s Pulse, a new report by the World Bank. As of the end of August 2024, the naira had depreciated by approximately 43 percent year-to-date, making it one of the region’s weakest currencies […]
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The Peoples Democratic Party Governors’ Forum (PDP-GF) on Tuesday said that the internal crisis rocking the party had been resolved. The forum’s Chairman, Governor Bala Mohammed, stated this in an interview with newsmen at the Nnamdi Azikiwe International Airport, Abuja, after the forum’s meeting. Mohammed said that stakeholders within the party had agreed that all […]
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Aircraft shortage in the domestic airline market has worsened, limiting available passenger flights. Findings by Daily Trust show that many passengers were stranded across the country on Tuesday as they could not secure flights to their destinations. The busiest routes, Lagos-Abuja and Abuja-Lagos, were hugely impacted as many passengers could not secure seats as of […]
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The Senate on Wednesday confirmed the appointments of 21 federal commissioners for the Revenue Mobilization Allocation and Fiscal Commission. The confirmation hearing was consequent upon the presentation of the screening report by Senator Yahaya Abdullahi, representing Kebbi north. President Bola Tinubu appointed the nominees in August. He therefore sought the Senate’s confirmation. Abdullahi, chair of […]
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The All Progressives Congress, APC in Ondo State has slammed Oyo State Governor, Seyi Makinde, for demanding the redeployment of the Resident Electoral Commissioner of the Independent National Electoral Commission in Ondo, Mrs Oluwatoyin Babalola. Makinde made the call during the flag-off of the Peoples Democratic Party’s campaign in Akure on Tuesday, ahead of the […]
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The governors elected under the Peoples Democratic Party have annulled the suspensions of some National Working Committee members and restored the status quo to when Umar Damagum led a unified NWC. Chairman of the PDP Governors Forum and Governor of Bauchi State, Bala Mohammed, made this announcement on Tuesday during an interview with journalists at […]
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The House of Representatives on Wednesday urged the Federal Government to urgently transmit the Medium Term Expenditure Framework to the National Assembly to avail lawmakers ample time to work on the 2025 Appropriation Bill (when submitted). This is as the lawmakers, drawn across party affiliations, expressed displeasure at the practice of delayed presentation of annual […]
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Scenes from the Ibadan explosion Affected residents of Tuesday, January 16, 2024, Bodija explosion in Ibadan, Oyo State, on Wednesday, lamented that they were yet to return homes nine months after the incident. They, therefore, called on both the State and Federal Governments to do more to alleviate their sufferings as many of them are […]
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The Jigawa State Police Command has attributed the high number of casualties and injured persons in Tuesday’s fuel tanker explosion to desperate moves by the people in the area to scoop the product which littered the ground after the accident. The Command’s Public Relations Officer, DSP Lawan Shiisu, stated this in a voicemail he sent […]
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