
PUNCH
Equity Market Slides Into Green Zone With N165bn Gain
The equity market on Tuesday returned to the green zone following two days of bearish activities. Investors saw N165bn added to their wealth, having lost about N2.5tn during the two previous trading sessions. The Nigerian Exchange rose by 0.30 per cent, with the benchmark index settling at 101,362.38 points and the market capitalisation… Read More
Power Will Be Restored Soon, Adelabu Assures Nigerians
The Minister of Power, Adebayo Adelabu, has assured Nigerians that power would be fully restored soon. Adelabu, who spoke through his media assistant, Bolaji Tunji, said the Federal Government and the gas suppliers would soon reach an agreement to resume the supply. “I can tell you that very soon, everything will be resolved. The minister… Read More
VANGUARD
Hardship: DSS, NLC In Face-Off Over Planned Protest
The Department of State Services, DSS, has asked organised labour to shelve its planned nationwide protest over high cost of living and sundry issues in the country in the interest of peace. But the Nigeria Labour Congress, NLC, yesterday dared the DSS to stop the protest, advising the secret police to face its of job providing credible intelligence to… Read More
THISDAY
Senate Rejects Proposed Hike In Electricity Tariff, Subsidy Removal
The Senate on Wednesday rejected the proposed plan by the Ministry of Power to increase electricity tariff in Nigeria. The upper chamber also warned the executive arm of government against removing subsidy on electricity as being canvassed in some official quarters. The Senate said removing subsidy on electricity in the country would be counter… Read More
ECONOMY HEADLINES
BLUEPRINT
Forex, Food Crisis Over Soon, CBN’s MPC Nominees Assure Nigerians
For urgent way out from Naira volatility and food security bedeviling the Nation’s economy now, the Senate, Wednesday , subjected nominees for membership of Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) to thorough drilling. President Bola Tinubu had last week forwarded to the Senate for confirmation, names of… Read More
PUNCH
Federal Government Raises N1.5tn In Two FGN Bond Offers
The Federal Government raised N1.5tn through bonds at its February auction instead of the N2.5tn it was targeting. The Debt Management Office in a press release on Tuesday disclosed that the 2031 bond had a total allotment of N873.53bn while that of the 2034 bond stood at N621.38bn. Last week, the Federal Government sought to borrow… Read More
US Seeks To Expand Bilateral Trade With Nigeria
The United States Consulate in Nigeria has stated it is seeking ways to expand bilateral trade and investment and ensure prosperity between the United States and Nigeria. The Political and Economic Section Chief of the US Consulate, Lagos, Mike Ervin, stated this Wednesday in Abia State while on a working visit to the Abia State Governor… Read More
POLITICAL HEADLIINES
THISDAY
Tinubu Requires More Time To Perform, Gowon Pleads With Angry Nigerians
Former Head of State, General Yakubu Gowon, has appealed to Nigerians to give President Bola Tinubu more time to deliver dividends of democracy to the citizenry. Gowon, who spoke with newsmen yesterday after meeting with Tinubu at State House, Abuja, said the relatively new government at the centre was doing its best to solve the country’s… Read More
VANGUARD
Four Months Withheld Salaries Paid To ASUU – Federal Government
The Federal Government on Wednesday said it has paid in full the four months withheld salaries to the Academic Staff Union of Universities, ASUU as approved by President Bola Tinubu. It also said that it has made substantial financial commitments in the provision of CNG buses and that the buses will be rolled out soon to alleviate the… Read More
TECHNOLOGY HEADLINE
NAIRAMETRICS
NITDA Pushes For AI Integration To Enhance Security In Nigeria
The National Information Technology Development Agency (NITDA) has advocated for the incorporation of Artificial Intelligence (AI) into Nigeria’s security framework to improve outcomes. The Director-General of the agency, Kashifu Inuwa, issued this call during a meeting with the Commandant of the National Institute for Security Studies… Read More