The Nigerian stock market staged a strong comeback last week, with investors’ portfolio value rising by ₦986 billion in five trading sessions, effectively ending a four-week losing streak. Data from the Nigerian Exchange Limited (NGX) showed that the All-Share Index (ASI) advanced by 1.2% week-on-week to close at 140,545.69 points, buoyed by price appreciation in key stocks. Naija News reports that top gainers included WAPCO (+13.3%), Dangote Sugar (+9.1%), Zenith Bank (+4.8%), and UBA (+4.2%), which lifted overall market sentiment. Market capitalisation equally rose to ₦88.922 trillion from ₦87.936 trillion the previous week, reflecting the net gains. As a result,…
Author: admin
Policy and political analyst, Living Jamala, has warned against using President Bola Tinubu’s 10-day working leave and the National Assembly recess as excuses to extend the six-month emergency rule in Rivers State. In an interview with The Guardian, Jamala, who is also a lawyer, described the suspension of Governor Siminalayi Fubara, his deputy, Prof. Ngozi Odu, and members of the State House of Assembly as unconstitutional. Jamala stated, “Not conceding that the President was right in declaring a state of emergency in Rivers State, the procedure for ending the emergency rule is still the proclamation by the President. Even though…
The Nigeria Union of Journalists (NUJ), Abia State Council, has called on policymakers to make affordable nutrition a national health priority, warning that the soaring cost of food items is worsening chronic health conditions among Nigerians. Naija News reports that the call was made by the Chairman of the NUJ in Abia State, Chidi Asonye, during the commemoration of National Food Is Medicine Day on September 14. Asonye lamented that the high cost of living has made it increasingly difficult for many families to access nutritious meals. He stressed that food should not be seen merely as a market commodity…
Nigeria’s Tobi Amusan will return to the spotlight today in Tokyo as she bids for her second world title at the ongoing 2025 World Championships. The world record holder in the women’s 100m hurdles, who made history in Oregon 2022 by becoming Nigeria’s first-ever world champion in athletics, will line up in the second semi-final at exactly 1:13 pm, hoping to book a place in tonight’s final. The 28-year-old, who stormed through her heat on Sunday in 12.53s, faces a tough field that includes Japan’s Hitoma Nakajima, Jamaica’s Amoi Brown, USA’s Alaysha Johnson, Poland’s Pia Skrzyszowska and Dutch star Nadine…
Senate President Godswill Akpabio and Secretary to the Government of the Federation, Senator George Akume, have urged Nigerians not to despair over the current economic crisis in the country, maintaining that a brighter future awaits the masses. Speaking at the Second Plenary Meeting of the Catholic Bishops Conference of Nigeria in Ikot Ekpene, Akwa Ibom State, Akpabio promised that the economic and political reforms currently causing hardship will yield prosperity. This was disclosed in a statement issued on Sunday by the Special Assistant to the President of the Senate on Media/Communication, Anietie Ekong. The appeals came against the backdrop of…
Dunamis Seeds Of Destiny 15 September 2025 Devotional By Dr. Paul Enenche: The Power Of Association TOPIC: The Power Of Association (Seeds Of Destiny 15 September 2025) SCRIPTURE: Be not deceived: evil communications corrupt good manners. 1 Corinthians 15:33 THOUGHT FOR THE DAY: Your company determines your mindset, and your mindset affects your destiny. MESSAGE It has been confirmed that association is very critical to life and destiny. Your association or company is very powerful because it either assists or resists the fulfilment of your destiny. In Scripture, the wrong company destroyed the lives and destinies of people like Amnon, Samson and Rehoboam.…
DCLM Daily Manna 15 September 2025 Devotional By Pastor W. F. Kumuyi — The Spirit Of Diotrephes TOPIC: The Spirit Of Diotrephes (DCLM Daily Manna 15 September 2025) KEY VERSE: “I wrote unto the church: but Diotrephes, who loveth to have preeminence among them, receiveth us not” (3 John 1:9). TEXT: 3 John 1:9-11 (KJV) 9 I wrote unto the church: but Diotrephes, who loveth to have the preeminence among them, receiveth us not. 10 Wherefore, if I come, I will remember his deeds which he doeth, prating against us with malicious words: and not content therewith, neither doth he himself receive…
Senior Advocate of Nigeria, Femi Falana, has decried the use of dollars for bribes in Nigeria. Naija News reports that the Human rights activist made this known on Sunday, while responding to questions in an interview on Politics Today, a programme on Channels Television. Falana berated President Bola Tinubu for announcing gifts to footballers in dollars and also called for an end to dollarisation, stressing that it is a criminal offence to reject the Nigerian currency. He said, “The president was announcing gifts to footballers in dollars, not naira. It has to stop. We must promote the naira, not the dollar,…
Former Chairman of the Independent National Electoral Commission (INEC), Attahiru Jega, has urged the Economic and Financial Crimes Commission (EFCC) and the Independent Corrupt Practices and Other Related Offences Commission (ICPC) to begin probing the activities and funding of third-party campaigners ahead of the 2027 general elections. Jega made the call in Abuja on Thursday while delivering a keynote address at an INEC roundtable on premature campaigns held at the Electoral Institute. He warned that the increasing trend of early political campaigns was not only unlawful but also undermined governance, heightened political tensions, and posed a serious threat to the…
As Rivers State counts down to the expiration of its six-month emergency rule on Thursday, sharp disagreements have erupted among lawyers, politicians, and activists over the return of suspended Governor, Siminalayi Fubara. While some argue that his return to office is automatic under the constitution, others insist that fresh presidential or parliamentary action is required. The debate has reopened questions on the legality of suspending a sitting, democratically elected governor and the potential precedent it sets. Chairman of the Human and Environmental Development Agenda (HEDA), Lanre Suraj, in an interview with The Guardian, maintained that the process is straightforward. According…
