MTNN Leads N792.73bn Market Surge

MTN, Nigeria – The Nigerian stock market recorded a robust performance in yesterday’s session, driven by a sustained surge in MTNN (+10.0%), which propelled the benchmark All Share Index (ASI) to climb 1.3 per cent, closing at 105,530.74 points. This bullish sentiment pushed year-to-date (YTD) returns to +2.5 per cent, as market capitalisation soared by…

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Fragile Nature: Protecting Nigeria from Climate Change

Natural article  — Nigeria faces climate change challenges, demanding urgent efforts to safeguard its fragile environment and ensure sustainable development for future generations. Edited and Compiled by Fadekanmi kikelomo basirat The Polytechnic Ile-Ife, Osun State Nigeria has fallen nine places to rank 26th in this year’s Climate Change Performance Index (CCPI). Dropping from its previous…

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Tinubu Likely to Consider Governors’ Terms on Tax Reform Bills, Says Aide

  Nigeria – The Special Adviser to President Bola Tinubu on Policy Communications, Daniel Bwala, has suggested that the President may accept certain conditions proposed by state governors regarding the tax reform bills currently under review in the National Assembly.   The tax reform package, comprising the Nigeria Tax Bill, Nigeria Tax Administration Bill, Nigeria…

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Chadian forces kill Boko Haram attackers who stormed presidential palace.

Chadian security forces successfully neutralized several Boko Haram fighters who had invaded the presidential palace in N’Djamena. The operation was swiftly contained by the Directorate General of Security Services and Internal Exile, and the situation is now reported to be under control. Intelligence sources confirmed the deaths of the attackers and noted that some were…

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Nigeria in Safe Hands under Tinubu, says Nicholas Felix

Nigeria – Nicolas Felix, a former presidential aspirant of the All Progressives Congress (APC), has expressed confidence in President Bola Tinubu’s leadership, assuring Nigerians that they are “in safe hands.” ‏ Felix, who contested against Tinubu in the APC presidential primary for the 2023 election, praised the president’s deep understanding of national issues. During a…

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Gov Mohammed Sets 8-Week Deadline for Bauchi Varsity Panel  

Bauchi State, Nigeria — Governor Bala Mohammed has issued an eight-week ultimatum to the Visitation Panel investigating industrial disputes at Sa’adu Zungur University. The panel has been tasked with addressing lingering issues fueling strike actions by the Academic Staff Union of Universities (ASUU) and examining financial operations to develop strategies for effective and harmonious administration….

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Gunmen Abduct Two Reverend Sisters in Anambra State

Anambra State, Nigeria —  Unidentified gunmen have abducted two Reverend Sisters in Anambra State, sparking concern and prayers for their safe return.   The victims, identified as Sister Vincentia Maria and Sister Grace Mariette, were reportedly kidnapped along Ufuma Road in Orumba South Local Government Area. They were returning from a Vocational Association meeting in…

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Petroleum regulators fails to account for N313 billion

Nigeria – Two agencies regulating Nigeria’s petroleum industry could not properly account for over N313 billion, leading to significant revenue losses for the government, according to the latest report by the Auditor General of the Federation.   The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) and the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) are…

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Adeleke Distributes Relief Materials to Disaster Victims in Osun

Osogbo, Nigeria  —   Governor Ademola Adeleke has donated relief materials worth several millions of naira to victims of disasters across the three senatorial districts of Osun State. The distribution ceremony, held in Osogbo, was facilitated by the Special Adviser on Emergency, Mr. Emiola Fakeye, who represented the governor. The items included food supplies such as…

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China Development Bank Approves $254.76 Million Loan for Kano-Kaduna Railway Project

China_ The China Development Bank (CDB) has approved a loan of approximately $254.76 million to support the construction of the Kano-Kaduna railway project in Nigeria The 203-kilometer standard-gauge line aims to establish a direct rail connection between Kano and Abuja, promoting industry  growth and generating employment opportunities in Nigeria. The project, designated as a key…

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