BUSINESSPOST
Nigerian Exchange Sheds 0.12% Despite Bullish Investor Sentiment
The domestic stock market further depreciated by 0.12 per cent despite investor sentiment remaining bullish at the close of transactions, data from the Nigerian Exchange (NGX) Limited has shown. This was mainly due to profit-taking in the banking space, which went down by 0.82 per cent. The energy sector suffered the same fate as it… Read More
Crude Oil Market Rises on Positive Interest Rate Cut Signals
The crude oil market appreciated by more than 1 per cent on Thursday, as expectations for a US interest rate cut increased further and eased recent worries, with Brent crude futures growing by $1.17 or 1.54 per cent to $77.22 a barrel and the US West Texas Intermediate (WTI) crude futures gaining $1.08 or 1.5 per cent to $73.01 a barrel. Minutes… Read More
SUN
Stakeholders Demand Government Action To Tackle Incessant Building Collapse
In a pressing call to action, stakeholders have urged the Nigerian government to take decisive measures to address the alarming frequency of building collapses and demolitions that have recently plagued the country. The call comes amid growing concern over the severe economic, social, and environmental repercussions of these incidents…Read More
THISDAY
Umahi Gives Account Of Stewardship, Decries N16tn Funding Deficit For 4,000 Projects
The Minister of Works, David Umahi, yesterday rendered an account of his stewardship at the ministry, stressing that there was a funding gap of about N16 trillion for over 4,000 road projects scattered all over the country. Speaking during a briefing in Abuja to usher in his first one year in office, the minister said that he would not propose any new… Read More
ECONOMY HEADLINES
THENATION
Stakeholders On Strategies To Boost Potential In MSMEs
Stakeholders have explored strategies to overcome challenges and fully harness the potential of Micro, Small, and Medium Enterprises (MSMEs) in driving development, fostering innovation, creating wealth, generating jobs, and reducing poverty in Nigeria, particularly given the country’s youthful and entrepreneurial population. This… Read More
VANGUARD
Federal Government’s Deficit Spending Rises 2% To N1.99trn
Deficit spending by the Federal Government rose by 2.05 percent year-on-year (YoY) to N1.99 trillion in the first four months of the year (4M’24) from N1.95 trillion in the corresponding period in 2024 (4M’23). Analysis of data on the FG’s fiscal activities from the Central Bank of Nigeria, CBN, Economic reports for the period showed that the deficit spending rose by 3.6 percent to N1.06 trillion in January from N1.1 trillion… Read More
SUN
FAAN, NAQS Forge Partnership To Boost Air Agro Export
The Federal Airports Authority of Nigeria (FAAN) in collaboration with the Aviacargo Roadmap Committee, has forged a sustainable partnership with the Nigerian Agricultural Quarantine Services (NAQS) to streamline and enhance the export of agricultural products through Nigeria’s airports. To solidify this strategic alliance, the newly formed… Read More
POLITICAL HEADLINES
TRIBUNE
Representative Salam Announces Receipt Of 600 Bags Of Federal Government Fertilisers To Constituents
Bamidele Salam, lawmaker representing Ede South, Ede North, Egbedore and Ejigbo federal constituency on Thursday announced to people of his constituency that, he had received 600 bags of fertilisers from the Federal Ministry of Agriculture and Food Security on Thursday. The lawmaker who made the announcement via his social… Read More
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THISDAY
Tinubu: Ariwoola’s Leadership In Judiciary Impactful, Enriched Nation’s Jurisprudence
President Bola Ahmed Tinubu, yesterday, congratulated the retiring Chief Justice of Nigeria (CJN), Justice Olukayode Ariwoola, saying his leadership of the judiciary has been impactful and inspiring for the country’s jurisprudence. Tinubu described Ariwoola’s sojourn on the bench as a testament to the reward for hard work, dedication, and service to… Read More
TECHNOLOGY HEADLINES
NAIRAMETRICS
President Tinubu Approves N10 Billion Grant To Support National Broadcasting Commission’s Switch To Digital Broadcasting
President Bola Tinubu has approved a N10 billion grant to the National Broadcasting Commission (NBC) to drive Nigeria’s transition from analogue to digital broadcasting. This substantial financial injection is set to accelerate the Digital Switch-Over (DSO) project, a transformative initiative aimed at enhancing television programming… Read More