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NGX Starts May Bullish with N63bn Market Gain

The Nigerian equities market opened the trading month of May on a positive trajectory yesterday as sustained investor interest drove the market capitalisation up by N63bn. This bullish start saw the All-Share Index advance by 881.16 points, representing a 0.36 per cent gain to settle at 243,158.97 points, while the total market value of listed...
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Nigeria Eyes FX Gains as Crude Oil Prices Surge Above $105

Nigeria is set to further benefit from rising foreign exchange inflows as global crude oil prices surge above $105 per barrel, driven by escalating Middle East tensions that have tightened supply expectations, boosting revenues and supporting naira stability, OKECHUKWU NNODIM writes With Brent crude trading above $105 per barrel, well above Nigeria’s 2026 federal budget...
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Husk Targets 1GW Renewable Rollout in Nigeria, Says CEO

The Co-Founder and Chief Executive Officer of Husk Power, Manoj Sinha, in this interview with OKECHUKWU NNODIM on the sidelines of the recently concluded Spring Meetings of the World Bank/International Monetary Fund in Washington DC, speaks on rural electrification, investment gaps, and Nigeria’s energy future Can you explain how Husk Power is addressing affordability and...
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Nigeria Exports Surge in Q1 2026, Customs Data Shows

Nigeria’s trade momentum strengthened in the first quarter of 2026 as fresh data released by the Nigeria Customs Service on Sunday showed significant growth in export volumes, revenue collections, and cargo throughput. The figures indicate a sharp rebound in non-oil trade, with exports rising by 38.68 per cent year-on-year to $925.84m in Q1 2026, compared...
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Obidient Asks Members To Register With NDC As Obi Exits ADC

The Obidient Movement has directed its members across the country to register with the Nigeria Democratic Congress (NDC) following the decision of former Labour Party presidential candidate, Peter Obi, to disengage from the African Democratic Congress (ADC). In a statement signed by its National Coordinator, Dr Yunusa Tanko, in Abuja on Monday, the movement said...
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UBA & Fintechs Unite for Africa’s Payment Future

United Bank for Africa Plc has signalled a new era of cooperation, moving away from the traditional rivalry between legacy banking institutions and emerging financial technology firms in a landmark move to harmonise the African financial landscape. At its inaugural Fintech Conference held in Lagos, themed ‘Navigating Regulatory Milestones: The Future of Bank–Fintech Partnerships’, the...
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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...