SUN

Equities Market Opens Week Bullish

Equities trading at the Nigerian Exchange Limited (NGX) extended gains from last week to open the week bullish as the All-Share Index finished 0.7 per cent stronger to close at 102,044.84 basis points. The uptick recorded in Monday’s trading activity on the local bourse was attributed to bargain hunting and growth in share prices of some heavy… Read More

PUNCH

NNPCL Rallies EFCC To Tackle Oil Theft

The Nigerian National Petroleum Company Limited has appealed to the Economic and Financial Crimes Commission to help tackle the menace of crude oil theft in the country, stating that no one is ready to invest in the oil sector due to the menace. The Group Chief Executive Officer of the NNPCL, Mele Kyari, made the appeal at an interactive… Read More

Federal Government Unveils Conditional Grant Scheme For Traders

The Federal Government says it has rolled out a Presidential Conditional Grant Scheme to empower nanobusinesses as part of the Presidential Palliative Programme. According to a statement by the Bank of Industry, the scheme offers grants, without repayment obligations, to eligible small business owners operating in various sectors such as trading… Read More

VANGUARD

Pay Wage Award Till New Minimum Wage Comes Into Force, Tinubu Tells Governors

President Bola Tinubu yesterday told governors to continue to pay workers in their state employ wage award till negotiations on new minimum wage were concluded. He also said Nigerians had no reason to be hungry as the country had the capacity to feed her people and have enough for export. Tinubu, who stated these when he flagged off the… Read More

ECONOMY HEADLINES

SUN

Electricity Subsidy Still In Place – Federal Government

Federal Government has ruled out suggestions for total removal of electricity subsidies, saying that it will be insensitive for the government to consider such now. Minister of Power, Adebayo Adelabu, made this known in Abuja, yesterday, when he addressed heads of departments of agencies in the power industry regarding a new policy… Read More

Q4: Singapore, China, India Top Nigeria’s Imports With N14.3bn

Nigeria’s economic landscape witnessed a continued reliance on key international partners in the fourth quarter of 2023, as imports from Singapore, China and India played a critical role in meeting the nation’s import demands. The latest report released by the National Bureau of Statistics (NBS) has shown that import value surged to N14.3 billion… Read More

PUNCH

Senate Gives Panel Six Weeks To Probe N30tn CBN Loans

The Senate President, Godswill Akpabio,  has charged the panel members investigating the N30tn “Ways and Means” loans secured from the Godwin Emefiele-led Central Bank of Nigeria by the Federal Government not to leave any stone unturned, saying the panel must unravel everything about the facility. The panel was also charged to probe the… Read More

POLITICAL HEADLIINES

DAILYTRUST

Niger Republic Junta Ready To Release Bazoum

The junta in Niger Republic is in a serious dilemma even as it has agreed to release the ousted president of the country, Mohamed Bazoum, and his wife, Khadija. Multiple sources in Nigeria and the neighbouring Niger, have confirmed plans by the military government to release the ousted president before or within the few days of Ramadan… Read More

THISDAY

Tinubu: If Governors Provide Land, I Will Solve Farmers/Herders Clashes In Three Weeks

President Bola Tinubu, yesterday, said if governors could provide land, he would unveil a comprehensive plan that would solve the farmers/herders’ clashes in the country within two or three weeks. Tinubu spoke in Minna while inaugurating the remodelled Minna airport terminal and commissioning some agro processing equipment purchased by… Read More

TECHNOLOGY HEADLINE

PUNCH

NITDA Warns Facebook Users Of Malware Attack

The National Information Technology Development Agency’s Computer Emergency Readiness and Response Team has issued an alert to Nigerians about a new malware attack known as ‘Ov3r_Steale,’ which specifically targets Facebook users. In an advisory released on Monday, the agency stated that this emerging threat tricks… Read More