Pastor confesses to murder after being haunted by ‘avenging spirits’

June 6,2023. Madzibaba Bond Gumira, a well-known leader of the...

Senate grants Tinubu’s request to appoint 20 special advisers

June 6,2023. The Senate has granted the request of President...

Osun 8th Assembly: Adewale Egbedun emerges Speaker

June 6, 2023 Azonuchechi Chukwu. Adewale Egbedun, who represents Odo-Otin State...

Obasa reelected Lagos Assembly Speaker for third term

June 6,2023. The election followed the proclamation of the 10th...

Foreign Policy

Today: Browse our editor's hand picked articles!

EU reiterates commitment to strengthening Nigeria’s democracy

By Angela Atabo Abuja,June 5,2023 The European Union (EU)...

Yemi Mobolade elected first black mayor of Colorado Springs

Yemi Mobolade, a Nigerian immigrant and businessman with no...

Hajj: 475 Oyo pilgrims transported to Saudi Arabia

By Oladele Eniola Lagos, June 2, 2023 (NAN) A total...

Second batch of 586 Hajj pilgrims from Jigawa arrives in Saudi Arabia

By Muhammad Nasir Bashir Jedda (Saudi Arabia), June 2, 2023...

Bike2Work scheme may ease 14 million Lagos residents’ subsidy pains

With an estimated 16 million residents, Lagos is the most densely populated state in Nigeria. It’s under immense pressure to transport its huge population. According...

Police arrests teacher accused of raping 27 female students

June 6, 2023. Azonuchechi Chukwu. A Senegalese Koran teacher suspected of...

The BigRead

Under Buhari administration Nigeria’s security situation got worse: How Tinubu’s administration can tackle it

Sallek Yaks Musa, University of Northampton Nigeria’s new president,...

Developing economies need help navigating geopolitical driven sanctions, export controls

The World Trade Organization (WTO) is struggling to define...

How Energy Transition Can Determine Africa’s Route To Influence

By Antony Sguazzin With the battle for influence in Africa...

Nigeria’s $53bn central bank debt restructuring

Remember the $53bn Nigerian debt imbroglio that Alphaville wrote...

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Data & Inflation

The Nigerian Economy

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Markets & Investing
Markets & Investing

Nigerian Bourse sheds weight, closes lower by 0.02%

June 6, 2023. Azonuchechi Chukwu. The equity market on Monday closed...

SEC moves to check delisting from capital market

The Securities and Exchange Commission has expressed its readiness...

Stock market gains N1.55tn, returns 5.37% WtD

June 5, 2023. Azonuchechi Chukwu. The Nigerian stock market last week...

Upbeat Sentiments Rule as Equities Investors Act on Policy Guidelines…

ASI Up 5.37% w/w. After closing the month of...

Stock market extends Gains, Closes by 0.07% higher

June 2, 2023. Azonuchechi Chukwu. The Nigerian stock market on Thursday...

Nigeria Eurobonds, stocks rally on Tinubu ends fuel subsidy

June 1 - Nigeria's sovereign dollar-denominated bonds rallied...

Monetary & Fiscal Policy

Naira Slumps to N750/$1 at Parallel Market

June 6, 2023. Azonuchechi Chukwu. The Naira depreciated again at the...

Investors Cherry-Pick FGN Bonds as Yields Move in Mixed Directions…

In the just completed week, the value of FGN...

NIBOR Falls for All Tenor Buckets Despite Muted Activity at the Primary Market…

In the past week, there was muted activity in...

Naira Trades in the Mix Bag As Policy Directions from New Administration Drive Sentiments….

Following the policy statement by the new administration on...
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Oil & Gas

N1bn petrol, other smuggled goods seized in May – Customs

June 6,2023. The Federal Operations Unit, Zone A , Ikeja of the Nigeria Customs Service says it intercepted 30, 900 litres of Premium Motor Spirit also...

Experts speak as fuel subsidy Removal stirs energy crisis

June 6,2023. The controversy over the removal of fuel subsidy...

Fuel Subsidy removal: What we want FG to do — TUC

By Esenvosa Izah Lagos, June 5, 2023 The Trade Union...

What oil production cuts were agreed at OPEC+ meeting?

VIENNA, June 5 (Reuters) - Saudi Arabia will make...

Oil rises 1% on Saudi plan to deepen output cuts from July

Brent and WTI both jump by more than $1 Saudi...

Companies & Finance
Companies & Markets

NGX partners ISSB, FRCN to host webinar on sustainability disclosure standards

June 6, 2023. Azonuchechi Chukwu. NGX Regulation Limited (NGX RegCo), in collaboration with the International Sustainability Standards Board (ISSB) and Financial Reporting Council (FRC) of Nigeria,...

BUA Cement gets $500m loan facility from IFC for expansion

June 6, 2023. Azonuchechi Chukwu. BUA Cement has notified the Nigerian...

Dangote becomes most admired Africa brand for 6th time

June 6, 2023. Azonuchechi Chukwu. The Dangote brand has been named...

MINIMIE welcomes Basketmouth on board as its first Ambassador

June 5, 2023. Azonuchechi Chukwu. Minimie, the makers of Nigerian Favourite...

Unity Bank Grows Gross Earnings to N57bn in 2022

June 5, 2023. Azonuchechi Chukwu. Nigeria’s retail lender Unity Bank Plc...

AfDB boss Adesina accepts UN appointment

June 5, 2023. Azonuchechi Chukwu. THE President of the African Development...

Wema Bank appoints Dr Oluwayemisi Olorunshola as new chairman

June 5, 2023. Azonuchechi Chukwu. The Board of Directors of Wema...

First Bank reports N50bn as profit in Q1 2023

June 5, 2023. Azonuchechi Chukwu. First Bank of Nigeria Holdings (FBNH)...

First Bank declares 50 kobo as final dividend to shareholders for 2022 year end

June 2, 2023. Azonuchechi Chukwu. First Bank of Nigeria Holdings has...

Nigerian Breweries Plc to acquire 80% shareholding in Distell Wines and Spirits Nigeria Limited

June 1, 2023. Azonuchechi Chukwu. Nigerian Breweries Plc has notified the...

Business News

Julius Berger appoints Mike Adenuga’s daughter as director

May 31, 2023. Azonuchechi Chukwu. The daughter of business mogul, Mike...

Fidelity Bank MD, Nneka Onyeali-Ikpe Gets National Award

Chief Executive Officer of Fidelity Bank PLC, Nneka Onyeali-Ikpe,...

Airtel Nigeria empowers students with access to digital education

May 29, 2023. Azonuchechi Chukwu. Airtel Nigeria, as part of its...

Arla Foods Targets Sustainable Milk Production in Nigeria

May 29, 2023. Azonuchechi Chukwu. Arla Foods, the makers of Dano...

Ecobank Set to Host Second Edition Of Adire Lagos Experience

May 29, 2023. Azonuchechi Chukwu. All is now set for the...

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