NGX: Investors pocket N132bn as Eterna, Stanbic IBTC lead gainers
Investors in the Nigerian equities market gained N132 billion at the end of trading on Wednesday.
This followed an increase in the share price of...
‘Not in our contemplation’ – PDP rules out merger with LP, others
The Peoples Democratic Party (PDP) has ruled out merger talks with the Labour Party and other political parties in the country.
The party made the...
Heritage Bank’s collapse was death foretold – Moghalu
A former deputy governor of the Central Bank of Nigeria (CBN), Kingsley Moghalu, on Wednesday described the recent revocation of the banking license of...
NDIC promises payment of Heritage Bank’s customers’ insured deposits in one week
The Managing Director of the Nigerian Deposit Insurance Corporation (NDIC), Bello Hassan, said on Wednesday depositors of collapsed Heritage Bank Plc would receive their...
Tinubu promises to priotise infrastructural development
President Bola Tinubu said on Wednesday his administration would continue to prioritise infrastructural development in the country.
Tinubu, who stated this at the inauguration...
Seun Kuti slams Lagos govt for not planting fruit trees
Seun Kuti, scion of late Afrobeat legend Seun Anikulapo Kuti, has slammed the Lagos State government for not planting fruit trees around.
In a post...
Heritage Bank collapse: Obi charges Nigerian govt to pay back depositors’ funds immediately
Following the revocation of the operating license of Heritage Bank Plc by the Central Bank of Nigeria on Monday, Peter Obi, the Labour Party’s...
Diplomatic row looms as US lawmakers pressure Biden to secure Binance executive”s release in...
United States lawmakers are urging President Joe Biden and top officials to take immediate action to secure the release of Tigran Gambaryan, a Binance...
Fuel subsidy to gulp N5.4tn in 2024, took N3.6tr in 2023, FG finally admits
Despite constant denials that it was no longer subsidizing fuel, the Nigerian government has finally admitted that fuel subsidy will gulp N5trillion in 2024.
This...
Corrupt judiciary encourages politicians to run to court
Former President Goodluck Jonathan believes corruption in the judiciary encourages Nigerian politicians to approach the court in post-election litigations.
Jonathan who spoke at the...
