archive2025

The Chairman Editorial Board of Penpushing Media Deaconess Olufunke Fadugba has lost her mother Chief (Mrs) Folake Grace Awosanya who until her death was Iyaloja of Bakare Bello Market in Araromi Sawmill in Kosofe Local Government area of Lagos State. A statement by the family made available by Fadugba, who...

The Central Bank of Nigeria (CBN) has released a new exchange rate for cargo clearance at Nigerian ports following the depreciation of the naira in all foreign exchange markets. The apex bank fixed the Customs rate at N1,536.39 per dollar from N1,530 the previous day The new Customs exchange rate...

• pledges stronger investor protection The Securities and Exchange Commission (SEC) has pledged to ensure that only individuals who meet rigorous ethical and professional standards are allowed to operate in Nigeria’s capital market. This decision the Commission said is aimed at safeguarding investors and strengthening market confidence. A statement from...

The Inspector-General of Police (IGP), Kayode Egbetokun, on Sunday issued a directive to officers of the Nigeria Police Force (NPF), emphasising the need to respect fundamental human rights in the handling of pre-trial detentions. Egbetokun stressed that strict adherence to legally stipulated detention periods is not just a legal requirement...

Nobel Laureate, Wole Soyinka has condemned President Bola Tinubu’s declaration of a state of emergency in Rivers State, saying it undermines the spirit of federalism. Tinubu imposed emergency rule on Tuesday following political instability in the oil-rich state. He also suspended Governor Siminalayi Fubara, Deputy Governor Ngozi Odu, and all...

Socio-Economic Rights and Accountability Project (SERAP) has filed a lawsuit against President Bola Tinubu over “the unlawful suspension of democratically elected Governor, Deputy Governor, and Members of the House of Assembly of Rivers State while exercising his constitutional powers to proclaim a State of Emergency in the state.” This is...

Former President Goodluck Jonathan has advised members of the three arms of government in Nigeria, the executive, the legislature, and the judiciary, to do the right thing while in office and avoid taking actions that could negatively impact the country’s image. The former president noted that a country’s international standing...

The Economic and Financial Crimes Commission (EFCC) has cautioned Nigerians against making false cash declarations, warning that such actions put the country at risk of money laundering. In a statement on Saturday, March 22, the anti-graft agency disclosed that it had commenced an investigation into Okorie Sylvernus Sunday, who was...

The Nigeria Governors’ Forum (NGF) has clarified its decision to remain silent on recent political developments, emphasising its role as a neutral policy-driven body. In a statement issued on Saturday, March 22, titled “NGF Clarifies Silence on Political Matters,” the forum explained that taking a stance on partisan issues could...

The bears continued its dominance on the Nigerian bourse last week as the NGX All-Share Index and Market Capitalization depreciated by 0.94 per cent and 0.80 per cent to close the week at 104,962.96 and N65.820 trillion respectively. Similarly, all other indices finished lower with the exception of NGX Consumer...