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NGX sustains bullish momentum as investors gain N307bn

Equities trading on the Nigerian Exchange Limited opened the week on a strong note as investors gained N307bn in market value on Monday, reflecting improved appetite for stocks across key sectors of the market. The market capitalisation rose to N56.52tn at the close of trading from N56.21tn recorded on Friday, representing a 0.55 per cent...
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Seven manufacturers lose N1.9bn to FX volatility

Manufacturers in Nigeria have reported a loss of N1.91bn due to foreign exchange volatility in the first quarter of 2025, as revealed by their unaudited financial statements for the period ended 31 March 2025. Some of the companies include Nascon Allied Plc, BUA Cement, Nigerian Breweries, Dangote Cement, Vitafoam Nigeria, Beta Glass, and Berger Paints....
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NEMA Inaugurates National Mass Fatality Response Plan

The National Emergency Management Agency (NEMA) on Tuesday launched Nigeria’s National Mass Fatality Response Plan, aimed at enhancing the country’s capacity for effective and coordinated response to mass fatality incidents. Speaking at the event, the Director General NEMA, Mrs. Zubaida Umar, described the framework as a testament to the Agency’s commitment to strengthening national preparedness...
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MOWCA, AfDB collaborate to boost maritime trade

In a bid to boost maritime trade in the Gulf of Guinea, the Maritime Organisation of West and Central Africa and the African Development Bank have said that they will be diverting vessels from the conflict-prone Red Sea, where prevalent armed tensions continue to disrupt global shipping routes. This is even as the institutions said...
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Shippers’ council seeks improved port access for NESREA

The Nigerian Shippers’ Council has called for increased support to enable the National Environmental Standards and Regulations Enforcement Agency to carry out its mandate effectively at the nation’s seaports. Speaking recently when he hosted some members of NESREA in Apapa, the Executive Secretary of the NSC, Dr Pius Akutah, lamented that NASREA faces some challenges...
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Again, Uduaghan Dumps PDP, Returns To APC

The former Governor of Delta State, Dr Emmanuel Uduaghan, has again dumped the Peoples Democratic Party (PDP) and returned to the All Progressives Congress (APC). Recall that Uduaghan was the helmsman of the oil-rich state between 2007 and 2015. His re-election was nullified by the Supreme Court in the petition that was instituted by Chief...
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SIFAX Group wins CSR award

SIFAX Group has won the CSR Impact & Excellence Award, organised recently by Media Consortium. In a statement on Tuesday, the organisers stated that the award recognises the company for its exceptional contributions to community development through impactful Corporate Social Responsibility initiatives. The organisers explained that the award titled ‘Outstanding CSR Initiative in Community Development’...
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Top 15 News Roundup For Latest Nigeria News May 8

Here is New Telegraph’s news roundup of the top 15 latest Nigerian news making headlines today Thursday, May 8, 2025 Adeboye Visits Jos, Declares End To Bloodshed In Plateau The General Overseer of the Redeemed Christian Church of God (RCCG), Pastor Enoch Adeboye, has sympathized with Governor Caleb Mutfwang and the people of Plateau State...
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I apologise for saying no heaven without tithe – Adeboye

The General Overseer of the Redeemed Christian Church of God, Pastor Enoch Adeboye, has apologised for saying that Christians who don’t pay tithe might not make it to heaven. Adeboye who had previously said that paying tithe was one of the prerequisites for going to heaven, apologised for the comment while addressing his congregation Thursday...

Protesters storm Rivers electoral commission, insist election must hold

Angry protesters on Friday stormed the office of the Rivers State Independent Electoral Commission, singing and chanting ‘Election must hold’. They defied the heavy rainfall spreading canopies, while singing and drumming, with one side of the road blocked. The protest came after the Rivers State governor stormed the RSIEC in the early hours of Friday...

Man who asked Tinubu to resign admitted in psychiatric hospital

The Adamawa State Police Command has disclosed that the 30-year-old Abdullahi Mohammed who climbed a 33 kv high tension electricity pole in Mayo-Belwa last Friday has been admitted at the Yola Psychiatric hospital for mental examination. The Police Public Relations Officer of the command SP Suleiman Nguroje, told Arewa PUNCH on Friday in an exclusive...