Nigerian Stock Market Closes Week on Weak Note The Nigerian stock market ended the week on a negative note, with key performance indicators experiencing a decline. The market capitalization dropped by N516 billion, closing at N92.214 trillion, while the All-Share Index shed 815.80 points to close at 145,754.91. The downward trend was […]
Three Ghanaian nationals, Isaac Oduro Boateng, Inusah Ahmed, and Derrick Van Yeboah, have been extradited to the United States for their alleged roles in a sophisticated international criminal organization that stole over $100 million through romance scams and business email compromises. The suspects arrived in the US on August 7, 2025, and are set […]
The government of Niger has announced the nationalisation of its only industrial gold mine, accusing the Australian operator, McKinel Resources Limited, of failing to meet key obligations under its investment agreement. The mine, known as the Société des Mines du Liptako (SML), has been under foreign management for years but will now come under […]
In a decisive move underscoring the administration’s commitment to world-class healthcare leadership, President Bola Ahmed Tinubu has approved the appointment of Professor Idia Nibukun Ize-Iyamu as the new Chief Medical Director of the University of Benin Teaching Hospital (UBTH). The appointment takes effect from August 18, 2025, following the successful completion of the tenure […]
Political economist, Prof. Pat Utomi has advised Nigerian public servants to refrain from spending public funds on luxury items such as high-end vehicles and presidential jets, calling the practice unjust in a country facing widespread poverty. Speaking on Channels Television’s Hard Copy, Utomi urged government officials to set an example of modesty and fiscal […]
James A. “Jim” Lovell Jr., the NASA astronaut who commanded the Apollo 13 mission and became a symbol of courage in the face of disaster, has died at the age of 97. Lovell passed away on August 7, 2025, at his home in Lake Forest, Illinois. The cause of death has not been disclosed. […]
Kidnappers holding Mr. Omoniyi Eleyinmi, a faculty officer at Adekunle Ajasin University, Akungba-Akoko (AAUA), have demanded a ₦7 million ransom from his family for his release. Eleyinmi was abducted earlier this week at his residence in Supare-Akoko, Akoko South West Local Government Area, after suspected gunmen attacked and whisked him away. Sources said the […]
Afrobeats sensation, Davido and his wife, Chioma Rowland, have been spotted enjoying their pre-wedding festivities in Miami, United States. The couple’s upcoming white wedding is set to take place in August, as previously announced by Davido. The pair’s relationship has been a subject of interest, with their proposal in 2019, followed by a […]
President Bola Tinubu’s administration has made significant strides in Nigeria’s economic development and security landscape. Despite inheriting a challenging economic situation, Tinubu’s government has implemented policies aimed at stabilizing the economy and improving the lives of Nigerians. The administration’s economic reforms have yielded notable results. A landmark Supreme Court ruling empowered local governments with […]
The Lagos State Government has initiated a capacity-building retreat for newly elected local government chairmen, aimed at equipping them with the necessary skills and knowledge to deliver effective governance. In his address, Governor Babajide Sanwo-Olu emphasized the importance of teamwork and collaboration among the chairmen, urging them to learn from each other and work […]
