archiveJuly 29, 2023

  A total of 39 equities appreciated in price on the Nigerian bourse during the week lower than 73 in the previous week, even as 54 equities depreciated in price higher than 19 in the previous week, while 62 remained unchanged, lower than 64 recorded in the previous week. The...

The Nigerian Communications Commission (NCC) has drawn public attention to a fraudulent LinkedIn account impersonating the person, and office of its Executive Vice Chairman, Prof. Umar Garba Danbatta. According to a press statement by Reuben Muoka, Director, Public Affairs of the Commission, “the account was obviously created by some unscrupulous...

  Open Alliance, a coalition of civil society organizations working together to improve openness and accountability in governance, has called for an immediate forensic audit of the National Social Register. This call follows the concerns raised by the National Economic Council over the document that stated its reservations about the...

In line with his pledge to pay up salary debt in the state public service, Governor Ademola Adeleke has approved the payment of another batch of half salary debt alongside the state workers' July salary . The fresh payment makes it the third time the Governor will pay the half...

The Church and Society Department of the Catholic Secretariat of Nigeria (CSN) and Caritas Nigeria have described the 2023 general election as the “worst in Nigeria’s history” despite having an improved electoral act, financial support from local and international partners, as well as massive support of citizens. In its report,...

The Nigeria Labour Congress (NLC), on Friday, walked out of a scheduled meeting of the Presidential Steering Committee on subsidy palliatives at the Aso Villa, Abuja. NLC president, Joe Ajaero, led his delegation to Femi Gbajabiamila, chief of staff’s office, venue of the scheduled meeting, but stormed out of the...

The International Monetary Fund (IMF) has revealed that economic growth in Nigeria in 2023 and 2024 is projected to decline gradually due to security issues in the oil sector. This is contained in the IMF’s latest World Economic Outlook (WEO) Update Report for July 2023: “Near-Term Resilience, Persistent Challenges”, released...

  Russian President, Vladimir Putin, has declared that his country will offer preferential loans to enable African companies buy industrial goods from the country and enjoy after-sales services. The world leader said his government was devising a leasing mechanism tailored for Africa, and that the Russian Agency for Export Credit...

    Archbishop Emeritus of the Catholic Archdiocese of Abuja, John Cardinal Onaiyekan, has said that Bola Ahmed Tinubu is not yet Nigeria’s President until the election petition tribunal has finished its job. Onaiyekan, a former president of the Christian Association of Nigeria (CAN), also noted that Tinubu is obviously...