Insurance stocks led the performance on the floor of the Nigerian Exchange Limited (NGX), edging out other sectors as the market gained ₦344.61 billion in the just concluded month. The performance of the sector was buoyed by investors' reaction to the newly passed NIIRA 2025. Overall stock performance A review of stock market data by …
The 2023 Labour Party presidential candidate, Mr Peter Obi, has strongly criticised the conduct of the Rivers State local government election, describing it as “rascality taken too far” and “a desecration of democracy”. Obi, who made his position known in a post on his official X account on Monday, faulted the legitimacy of the exercise, …
Nyesom Wike, the Minister of the Federal Capital Territory (FCT), has advised former President Goodluck Jonathan against re-entering the presidential race in 2027. During a media interaction in Abuja on Monday, Wike expressed his belief that Jonathan should continue his role as a respected statesman rather than seek another term in office. Despite ongoing speculation …
The All Progressives Congress (APC) has secured a sweeping victory in the Rivers State local government elections, winning 20 out of the 23 councils contested on Saturday. The Rivers State Independent Electoral Commission (RSIEC) announced the results in Port Harcourt on Sunday, confirming the APC’s dominance across most local government areas. READ ALSO: Political Truce in …
Minister of the Federal Capital Territory (FCT), Nyesom Wike, on Saturday declared that the successful conduct of the Rivers State local government elections has paved the way for the end of emergency rule in the state. Wike, who spoke to reporters at Rumepirikom, Ward 9, Unit 007 in the Obio/Akpor Local Government Area after casting …
The Minister of Education, Dr. Tunji Alausa, has clarified that there is no binding agreement between the Federal Government and the Academic Staff Union of Universities (ASUU), addressing misconceptions surrounding ongoing protests by the union. Speaking in Abuja on Thursday, Alausa explained that the Federal Government had not signed any enforceable agreement with ASUU. Contrary …
Access Holdings Plc has appointed Mr Innocent Ike as its new Group Managing Director/Chief Executive Officer (GMD/CEO), effective August 29, 2025, following regulatory approval. Ike’s appointment marks a significant shift in leadership as the company moves into the post-Herbert Wigwe era, with Aigboje Aig-Imoukhuede consolidating his leadership role as Chairman. This announcement follows the recent …
PwC Nigeria has projected Nigeria's Gross Domestic Product (GDP) to grow by 3.4 per cent in 2025, building on the 2.7 per cent growth recorded in 2024. This growth is primarily supported by higher crude oil production and strengthened performance in key sectors, including finance & insurance, ICT, construction, and real estate. Nigeria's recent GDP …
The Nigerian Meteorological Agency (NiMet) has warned eight states to brace for heavy rains and possible flooding between today and Saturday. The states at risk are Niger, Kogi, Benue, Lagos, Ogun, Ondo, Cross River, and Ebonyi. NiMet forecasts thunderstorms and moderate rainfall in Borno, Yobe, Gombe, Bauchi, Adamawa, and Taraba. Katsina, Kano, Jigawa, Kebbi, Kaduna, …
By Rafiyat Sadiq The United States government has announced plans to shorten the validity period of visas issued to foreign students and journalists. The Department of Homeland Security (DHS) said the proposed rule is intended to tighten oversight and reduce what it described as risks associated with prolonged stays. The new visa restriction comes barely …
