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Global Stocks Rise as Dollar Weakens

10.09.2025
Global stock markets gained on Monday as the U.S. dollar weakened broadly, even as it strengthened against the Japanese yen, with investors responding to political uncertainty in several countries, according to Reuters. In Argentina, a heavy election defeat for President Javier Milei’s ruling party in Buenos Aires province sent the peso to a record low,...
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Tinubu’s Economic Strategy: FX Reforms, Infrastructure, and

10.09.2025
The Director-General of the Budget Office, Tanimu Yakubu, has said that the economic strategy of President Bola Tinubu’s administration is hinged on foreign exchange reforms, large-scale infrastructure investment, and energy. Yakubu said this in his piece titled, ‘From Fragility to Foundations: Inside PBAT’s Political Economy’. Yakubu explained that floating the naira and settling outstanding FX...
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Buhari Threatened to Fire Me Over Fuel Subsidy Removal

10.09.2025
Former Minister of State for Petroleum Resources, Dr Ibe Kachikwu, on Monday, revealed that former Nigerian President, the late Muhammadu Buhari, threatened to sack him should his (Kachikwu) push to remove the petrol subsidy during Buhari’s tenure go wrong. Kachikwu was the Minister of State for Petroleum Resources from 2016 to 2019. He spoke at...
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Nigerian Stock Market Gains N263bn, PZ, University Press Lea

10.09.2025
The Nigerian Exchange resumed the new trading week on a positive note, gaining N263bn in market capitalisation as investors took positions in consumer goods and insurance stocks, particularly PZ Cussons Nigeria and University Press Plc. At the close of transactions on Monday, the market capitalisation of listed equities rose to N88.2tn from N87.9tn recorded in...
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Nigeria’s 5% Fuel Surcharge: Not a Burden, Says FG

10.09.2025
The Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, said the proposed fuel surcharge is intended to generate a dedicated fund for Nigeria’s deteriorating roads, not to add extra strain on households. Oyedele acknowledged public worries that recent tax reforms could worsen inflation but argued that improved road infrastructure is...
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UBA Extends Rights Issue Deadline to Sept. 19, 2025

10.09.2025
United Bank for Africa Plc has announced the extension of the acceptance period for its ongoing rights issue by two weeks, moving the deadline from September 5 to September 19, 2025. The lender, in a notice to the Nigerian Exchange Limited and the investing public, said the extension followed approval from the Securities and Exchange...
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FCMB Projects N265.2bn Gross Earnings in Q4 2025

10.09.2025
FCMB Group Plc has projected gross earnings of N265.2bn for the fourth quarter ending December 31, 2025, reflecting a strong outlook for its operations and revenue growth. According to the group’s earnings forecast filed on the Nigerian Exchange Limited on Monday, interest income is expected to contribute N231.8bn, while interest expense is projected at N116.08bn....
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Showcasing African Creativity & Trade

09.09.2025
The Abuja Chamber of Commerce and Industry has unveiled its new Buy Africa, Build Africa Festival initiative to spotlight African products and strengthen intra-continental trade, as it announced the 20th edition of the Abuja International Trade Fair. According to a statement, the fair, scheduled to be held from September 25 to October 6, 2025, at...
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I apologise for saying no heaven without tithe – Adeboye

04.10.2024
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

04.10.2024
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

04.10.2024
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...

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