Custodians of Truth
The Nigerian Exchange Limited (NGX) witnessed a significant downturn on Wednesday, with market capitalization shedding N931 billion. This decline was primarily driven by sell-offs in major stocks, including the powerhouse Dangote Cement Plc, alongside other significant players in the market. […]
In a powerful address at the African Union (AU) Summit in Addis Ababa, Nigerian President Bola Tinubu underscored Africa’s potential to independently drive its development. He emphasized that the continent is endowed with all the necessary resources, human talent, and […]
In a recent interview, Farah Dagogo, a prominent political figure from Rivers State, made a bold statement regarding the late Nigerian President Umaru Musa Yar’Adua. Dagogo, known for his candid political commentary, asserted that if Yar’Adua had not been cut […]
The Academic Staff Union of Universities (ASUU) has strongly opposed the move by the Nigerian government to abolish the Tertiary Education Trust Fund (TETFund), a key financier of public tertiary institutions in Nigeria. This concern was raised by ASUU leaders […]
In a significant escalation of a long-standing financial dispute, major telecommunications companies in Nigeria have announced plans to disconnect banks from their Unstructured Supplementary Service Data (USSD) services due to an unpaid debt amounting to N250 billion. This move could […]
The Lagos State House of Assembly has ousted its Speaker, Mudashiru Obasa, in a move that has shocked many within the state’s political circle. Obasa, a long-standing Speaker since 2015, was removed from his post amid allegations of gross misconduct, […]
In a significant move aimed at improving Nigeria’s economic framework, the Minister of Budget and Economic Planning, Senator Abubakar Bagudu, has outlined an ambitious plan to generate N36.35 trillion in revenue for the year 2025. This announcement comes as part […]
The Nigerian banking sector is bracing for significant changes as the Central Bank of Nigeria (CBN) has mandated a new recapitalization exercise, signaling a wave of mergers and acquisitions on the horizon. This move, aimed at strengthening the resilience of […]
In a move signaling deeper economic ties between Africa’s two most populous nations, Nigeria has announced its commitment to supporting Ethiopia’s newly launched securities exchange, the Ethiopian Securities Exchange (ESX). This development marks a significant step in the economic liberalization […]
In a significant shift in the economic landscape of Nigeria, real estate has now become the third-largest contributor to the nation’s Gross Domestic Product (GDP), surpassing the oil and gas sector, according to preliminary figures from the ongoing GDP and […]