NewsReports

The all-share index, which indicates the general market movement of stocks on the NGX, has hit several record levels since the middle of last year. What could be the propelling force of an equity market that has almost doubled in value in eight months when other key macroeconomic indicators like inflation, exchange rate, and lending rates are pretty much grim? …

WASHINGTON — They were warned that their criticism of Israel after Oct. 7 could cost them politically. But in the months after the bloody war began between the Jewish state and Hamas, progressives in Congress who have called for a ceasefire in Gaza are seeing record fundraising dollars as they fight to remain in office. Members of the “squad” — a group …

The Federal High Court in Ikoyi, Lagos, on Wednesday, ordered the federal government to fix the prices of some basic goods and petroleum products within seven days, amid rapidly increasing prices of goods and services in the country. Specifically, the court ordered the government to control the prices of milk, flour, salt, sugar, bicycles and their spare parts, matches, motorcycles and …

The House of Representatives has passed for second reading, a bill to amend the 2022 Electoral Act by making electronic transmission of results mandatory. The bill, sponsored by Francis Waive (APC, Delta), seeks to revisit the controversial electronic transmission of results that was rejected during the last review. The House on Wednesday debated the general principle of the bill and …

After almost missing out from Group A, the Elephants have booked a final date against Nigeria Cote d’Ivoire, the AFCON 2023 host, have booked their place in the final with a 1-0 win over DR Congo. Sébastien Haller scored the goal that took the Elephants into Sunday’s final against Nigeria. Cote d’Ivoire and Nigeria met in the group stage, where …

The Senate has assured that the much-awaited population and housing census slated for November this year will hold as scheduled. Speaking yesterday in Abuja during the screening of 17 of the 19 commissioner-nominees for the National Population Commission, NPC, the Chairman of the Senate Committee on National Identity and Population, Senator Abdul Ningi (PDP, Bauchi Central), noted that coincidentally, most …

Nigeria’s Super Eagles have qualified for the final of the African Cup of Nations after defeating South Africa in Wednesday’s semi-final clash. The match was decided on penalties after 120 minutes of football ended 1-1. The Super Eagles scored four of their penalties while Bafana Bafana missed two of theirs. The Super Eagles did not display their best football in the first half …

Washington (AP) — Wartime aid for Ukraine was left hanging in the Senate Wednesday after Republicans blocked a bipartisan border package that had been tied to the funding, then struggled to coalesce around a plan to salvage the aid for Kyiv. After GOP senators scuttled months of negotiations with Democrats on legislation intended to cut back record numbers of illegal …

BY MIKE OSAROGIAGBON Two herbalists, Lukman Ganiyu, 28, and Ojo Oluwaseun, 38 have been arrested by operatives of Edo State police Command for allegedly duping two ladies of N876,000. It was gathered that the two women seeking spiritually accelerated growth in their individual businesses had sought the services of the herbalists who at different stages allegedly demanded and received the …

Edo State Governor, Mr. Godwin Obaseki, has called for increased collaboration among global stakeholders, ensuring improved advocacy and sustained investment to accelerate progress against female genital mutilation (FGM). Obaseki gave the charge in commemoration of the 2024 International Day of Zero Tolerance for FGM, marked by the United Nations and its sister agencies, with the theme, “Her Voice. Her Future.”  …