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The logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria, file. REUTERS-Afolabi Sotunde

Nigerian stocks down by N1.14 trillion in first half

Nigerian stocks closed the first half down with average loss of 8.80 per cent, equivalent to net capital depreciation of N1.14 trillion as investors struggled with a threesome of domestic macroeconomic uncertainties, global decline in crude oil price and trade wars and the ravaging COVID-19 pandemic.
A public health professional, Dr Jennifer Braimah, on Thursday counselled Nigerians to be selective of news they digest as measures to deal with depression during the COVID-19 lockdown.

Pastor Giwa: Creators of coronavirus do not want lockdown lifted

The senior pastor of Awaiting The Second Coming Of Jesus Christ, Pastor Adewale Giwa, has alleged that manufacturers of Coronavirus deliberately want the lockdown to continue so they can perpetuate their evil plans.
The logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria, file. REUTERS-Afolabi Sotunde

Experts: How Nigeria’s stock market will survive coronavirus pandemic

Some experts are optimistic that the capital market would recover from the devastating effect of the COVID-19 pandemic and rebound in 2021.
FILE PHOTO- The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, April 9, 2020. REUTERS-Staff-File Photo

Stocks rise on China trade data, easing pandemic fears

World stocks gained on Tuesday after Chinese trade data came in better than expected and some countries tried to restart their economy by partly lifting restrictions aimed at containing the coronavirus outbreak.
Former Nigerian President Olusegun Obasanjo has criticised former Lagos State governor Akinwunmi Ambode for abandoning the Lagos light rail project while he was the governor of the state between 2015 and 2019.

Ex-President Obasanjo, Gordon Brown, others demand action against pandemic

About 165 global leaders, including a former UK Prime Minister, Gordon Brown, and former Nigerian president, Olusegun Obasanjo, have called for a concerted global response to the coronavirus pandemic led by the G-20 countries.
Nigerian health minister, Osagie Ehanire, has provided insight into why he, alongside other officials, visited President Muhammadu Buhari at the Presidential Villa in Abuja. 1

APC: Nigerians want a working president, not a talker

The All Progressives Congress (APC) says a majority of Nigerians want a working president but that only a few want one who talks.

Oil pares gains as investors wait to see if coronavirus stimulus works

Oil prices rose on Thursday but pared early gains as investors tried to assess how effective massive stimulus by central banks will be in shoring up the global economy as the shock from the coronavirus pandemic deepens.
Interpol has issued a notice to police forces around the world about various scams that have sprung up which take advantage of the Corronavirus (COVID-19).

Interpol warns police forces, public of coronavirus scams

Interpol has issued a notice to police forces around the world about various scams that have sprung up which take advantage of the Corronavirus (COVID-19).

Expert wants appropriate monetary policy tools to check rising inflation rate

Mr Emmanuel Atama, the Executive Secretary of the National Cooperative Financing Agency of Nigeria (CFAN), has appealed to the Central Bank of Nigeria (CBN) to use appropriate monetary policy tools to check rising inflation rate in the country.
Kogi State Governor Yahaya Bello

Kogi killings: Death toll rises to 29

The Governor of Kogi State, Alhaji Yahaya Bello, on Thursday met with Tawari community and promised to fished out the killers of their kinsmen as casualty figure rises to 29.

Former Ghanaian president begs Nigeria to open up borders

Mr John Mahama, Former President of Ghana on Tuesday appealed to the Nigeria Government to open up her border so that economic activities can resume in West Africa.

Tenure: Court strikes out suit seeking Babatunde Fowler’s sack as FIRS boss

A Federal High Court sitting in Kano has struck out a suit seeking the sack of Dr. Babatunde Fowler as the Executive Chairman of the Federal Inland Revenue Service.
President Muhammadu Buhari has felicitated with all the 2019 Nigerian pilgrims over the successful completion of their Hajj rites and the Eid-el-Kabeer celebration.

[email protected]: President Buhari’s independence day speech — full text

Remember the sacrifices made by our Founders and great leaders past; by soldiers, by distinguished public servants; by traditional leaders, by our workers —- sacrifices on which Nigeria has been built over the 59 years since Independence in 1960; and
Head of the Civil Service of the Federation, Mrs Winifred Oyo-Ita

Court orders permanent forfeiture of money ‘linked to Winifred Oyo-Ita’

The Federal High Court in Abuja has ordered the permanent forfeiture of some money returned by a suspect linked to the suspended Head of Service of the Federation, Mrs Winifred Oyo-Ita.
Nigeria is set to establish a government-driven national donor coordination mechanism to ensure that external financing is maximised for the good of the country, Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, said on Wednesday. 2

Minister: World Bank to manage donor funds

Nigeria is set to establish a government-driven national donor coordination mechanism to ensure that external financing is maximised for the good of the country, Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, said on Wednesday.

Insecurity, fraud clog financial inclusion stride

As fiscal and monetary authorities collaborate to ensure that Nigerians keep up the 63.6 per cent financial inclusion stride with the aim of attaining the set target of 20 per cent exclusion rate by 2020, the frightening series of bank robberies and frauds in the system may have put a lid on the agenda.

LCCI sets agenda for President Buhari’s second term

The Lagos Chamber of Commerce and Industry (LCCI) says the quality of the nation’s infrastructure, policies and institutions are crucial to driving economic diversification.

Africa’s development lies on good policies

Africa’s quest for sustainable development and aspirations of Agenda 2063, can be realized only with policies that can help build resilience, raise growth and enhance inclusiveness.

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Dan Orbih: Asiwaju Tinubu behind Edo Assembly crisis

The National Vice Chairman, South-South, of the Peoples Democratic Party, Dan Orbih, says All Progressives Congress chieftain, Bola Tinubu, is behind the political instability rocking the Edo State House of Assembly.

Cleric tasks religious leaders on establishing youth skills centres

Pastor Godwin Olaoluwa of Glory of Christ Church, Ilorin, Kwara, has urged religious leaders to support the youth by establishing skills centres.
Aminu Bello Masari

Katsina appreciates Nigerian Army on improved security

Katsina State Government has appreciated the military and other security agencies for the gradual restoration of peace and normalcy to the state. It was also noted that the general security situation in Katsina State was gradually returning to normalcy.
213 British nationals were Monday evacuated from Nigeria through the Muritala Muhammed International Airport, Lagos on a British Airways flight BA9157 .

331 Nigerian nationals arrive Abuja from UAE

Three hundred and thirty-one Nigerians have arrived Abuja, the nation’s capital from the United Arab Emirates. The Nigerians in Diaspora Commission (NIDCOM) disclosed this on Friday via Twitter.
Director of Information, National Assembly Abuja, Rawlings Agada, has said the sum of N37 billion, approved for the renovation of the National assembly complex may not be enough for the work.

National Assembly lauds Nigeria Army operations in North West

The leadership of the Senate and House of Representatives Committees on Army have lauded the effort of Nigerian Army in curtailing banditry and other security challenges in the North West.