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A recent analysis conducted by StatiSense has unveiled the trajectory of Nigeria’s stock market under different administrations over the past decades. The findings indicate that the administration of President Bola Tinubu has experienced the most substantial growth, with the market ascending by 111.2%. Below is a detailed account of the stock market performance […]
President Bola Ahmed Tinubu has announced the exemption of Value Added Tax (VAT) on residential rent, public transportation, and renewable energy products and services. The announcement was made during the President’s address commemorating his second year in office. Speaking during the anniversary broadcast, President Tinubu stated that the policy was designed to alleviate […]
Governor Siminalayi Fubara of Rivers State has declared his forthcoming return to his official duties, signaling a pivotal move toward resolving the political turmoil within the state. Fubara conveyed his gratitude to President Bola Tinubu for his prompt intervention, which he believes thwarted potential chaos in the region. During a gathering with leaders […]
A severe outbreak of cholera has struck Khartoum, claiming numerous lives and exacerbating the city’s dire humanitarian situation. According to the health ministry, the number of fatalities has risen significantly, with 70 lives lost in a mere 48 hours. The ministry reported a substantial increase in new cases, with 942 infections and 25 […]
In a significant development, the Nigerian government has revealed that the country’s trade with the United Kingdom has reached an impressive £7.2 billion in 2024. This was disclosed by Deputy Speaker of the House of Representatives, Benjamin Kalu, during a meeting with a UK parliamentary delegation led by Under Secretary of State (Africa) for […]
The House of Representatives Committee on Solid Minerals has taken a tough stance against quarry operators who are flouting the laws of the land, threatening to recommend the revocation of their mining licenses. The Committee’s Chairman, Hon. Jonathan Gaza Gbefwi, issued the warning during an investigative hearing into the activities of mining companies […]
A prominent chieftain of the New Nigeria Peoples Party (NNPP), Ambassador Olufemi Ajadi Oguntoyinbo, has voiced strong concerns over the quality of democratic leadership in the country. In a statement made available on Thursday, Oguntoyinbo expressed dismay that many Nigerians were yet to see any tangible difference between the current democratic dispensation and […]
The Securiry and Exchange Commission, SEC has Warned Nigerians Against Investing in Silverkuun Investment Cooperative Society and Silverkuun Limited The Commission disclosed that these entities are not registered or authorized to operate within Nigeria’s capital market, posing serious financial risks to unsuspecting investors. In an official statement released on Wednesday, the SEC clarified that […]
In a bold move aimed at reshaping Nigeria’s healthcare sector, the Federal Government has announced an ambitious plan to significantly reduce the country’s reliance on imported medicines by the year 2030. The Coordinating Minister of Health and Social Welfare, Professor Muhammad Ali Pate, disclosed this during a high-level policy briefing in Abuja, stating that […]
In a rare display of fiscal discipline, Governor Uba Sani of Kaduna State has revealed that his administration has not taken a single loan from any local or international financial institution since he assumed office two years ago. Speaking in an interview with Kaduna-based broadcast journalists in Hausa, as part of the celebration of his […]
