archiveJanuary 24, 2025

• projects 39% returns The Nigerian stock market is expected to witness significant growth in 2025, with ongoing bank recapitalization efforts, new equity listings, and anticipated monetary policy easing by the Central Bank of Nigeria (CBN), driving new expectations. The Managing Director of Arthur Steven Asset Management Limited (ASAM), and...

The Defence Headquarters (DHQ) has revealed that troops killed 79 terrorists and rescued 67 hostages in one week. In a statement on Friday, Edward Buba, the Director of Defence Media Operation, said the troops also arrested 224 suspects during various operations across the country. Buba said troops killed Abu Mosaje,...

The Court of Appeal Abuja has set aside a judgement of a Federal High Court which struck out a suit filed against the Central Bank of Nigeria (CBN) for refusing to respond to an application made under the Freedom of Information (FOI) Act, 2021. The judgement was in an appeal...

President, Bola Tinubu has appreciated the Finnish government for arresting the self-acclaimed leader of the Indigenous People of Biafra (IPOB). Tinubu while receiving Sanna Selin, Finland’s ambassador to Nigeria at the Presidential Villa on Friday, January 24, said he appreciates the intervention of the Finnish government in Ekpa case. He...

The Federal Ministry of Agriculture and Food Security (FMAFS) in collaboration with the National Identity Management Commission (NIMC), have introduced the National Identity Number (NIN) enabled farmer registry and Government 2 people (G2P) card initiative. The project is designed to address the Federal Ministry’s immediate challenges of identity and authentication,...

The National Association of Nigerian Students (NANS), South-East Zone has condoled with the Economic and Financial Crimes Commission (EFCC) on the loss of one of its operatives, Aminu Sahabi Salisu, stressing that his death caused them grief and regret. Salisu, an Assistant Superintendent of the EFCC, ASE11 was killed in...

The Oyo State Rural Access and Agricultural Marketing Project (Oyo RAAMP) has successfully signed a contract agreement worth N16,273,711,608.09 for the construction of about 68km rural roads under phase 1 of the intervention project. According to a statement by the State Commissioner for Information and Orientation, Prince Dotun Oyelade, the...

President Bola Tinubu has appointed board chairpersons and chief executive officers (CEOs) for key institutions, including the Nigerian Railway Corporation (NRC), the Federal Airports Authority of Nigeria (FAAN), and the National Board for Technology Incubation. Notable appointees include former Kano State Governor and current National Chairman of the All Progressives...

Lt. Gen. Jeremiah Useni (retd.), a former Minister of the Federal Capital Territory (FCT) and a distinguished military officer, has passed away at the age of 82. Useni’s death on Thursday, after a prolonged illness, was confirmed by Plateau State Governor Caleb Mutfwang in a statement issued through his Director...

The Governor of the Central Bank of Nigeria (CBN), Mr Olayemi Cardoso, has announced plans to establish a Compliance Department by February. Cardoso made the announcement during the launch of 2025 Macroeconomic Outlook Report, titled “Stabilisation in Transition: Rethinking Reform Strategies for 2025 and Beyond” by the Nigerian Economic Summit...