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News DSS arrests another kidnap kingpin enroute Hajj

Operatives of the Department of State Services (DSS) says it has taken into custody a suspected kidnap kingpin identified as Sani Galadi at Sultan Abubakar I

  • Operatives of the Department of State Services (DSS) says it has taken into custody a suspected kidnap kingpin identified as Sani Galadi at Sultan Abubakar I.

20 May, 2025
News Building collapse in Lagos Three rescued others still trapped in Mushin

A building collapse in Lagos Nigeria has left three people rescued and others still trapped in the rubble in the Mushin area. The incident occurred on Monday and rescue efforts are currently underway to free those still trapped. The cause of the collapse is not yet known but it highlights the issue of poor building standards and safety regulations in the country. The Lagos State Emergency Management Agency (LASEMA) and other agencies are working together to rescue the remaining victims and investigate the cause of the collapse. This tragic event serves as a reminder of the importance of proper building construction and safety measures.

  • A building collapse in Lagos Nigeria has left three people rescued and others still trapped in the rubble in the Mushin area.

    The incident occurred on Monday and rescue efforts are currently underway to free those still trapped.

    The cause of the collapse is not yet known but it highlights the issue of poor building standards and safety regulations in the country.

    The Lagos State Emergency Management Agency (LASEMA) and other agencies are working together to rescue the remaining victims and investigate the cause of the collapse.

    This tragic event serves as a reminder of the importance of proper building construction and safety measures.

18 May, 2025
News Lagos vows to introduce monthly rent payment system

The Lagos State Government has announced plans to introduce a monthly rent payment system in an effort to alleviate the financial burden on residents. The new system will allow tenants to pay their rent in smaller more manageable installments instead of the traditional annual lump sum payment. This move is expected to provide relief to low-income earners and reduce the number of evictions due to non-payment of rent. The government also plans to implement a rent-to-own scheme for residents who are unable to afford upfront payments. This initiative is part of the governments efforts to make housing more affordable and accessible for all Lagosians.

  • The Lagos State Government has announced plans to introduce a monthly rent payment system in an effort to alleviate the financial burden on residents.

    The new system will allow tenants to pay their rent in smaller more manageable installments instead of the traditional annual lump sum payment.

    This move is expected to provide relief to low-income earners and reduce the number of evictions due to non-payment of rent.

    The government also plans to implement a rent-to-own scheme for residents who are unable to afford upfront payments.

    This initiative is part of the governments efforts to make housing more affordable and accessible for all Lagosians.

15 May, 2025
News Stock market advances by 0.27% investors gain N187bn

The stock market in Nigeria saw a positive trend with a 0.27% increase in its main index the All-Share Index (ASI). This resulted in investors gaining N187 billion in value. The ASI which measures the performance of listed companies closed at 39462.26 points reflecting a gain of 106.69 points from the previous day. This increase was driven by gains in the shares of major companies such as Dangote Cement MTN Nigeria and Guaranty Trust Bank. The market also recorded a high trading volume indicating increased investor confidence. This positive performance is a good sign for the Nigerian economy and its recovery from the impact of the COVID-19 pandemic.

  • The stock market in Nigeria saw a positive trend with a 0.

    27% increase in its main index the All-Share Index (ASI).

    This resulted in investors gaining N187 billion in value.

    The ASI which measures the performance of listed companies closed at 39462.

    26 points reflecting a gain of 106.

    69 points from the previous day.

    This increase was driven by gains in the shares of major companies such as Dangote Cement MTN Nigeria and Guaranty Trust Bank.

    The market also recorded a high trading volume indicating increased investor confidence.

    This positive performance is a good sign for the Nigerian economy and its recovery from the impact of the COVID-19 pandemic.

15 May, 2025
News Airtel Africa Plc announces commencement of second tranche of share buy-back

Airtel Africa Plc a leading telecommunications company in Africa has announced the commencement of the second tranche of its share buy-back program. This program allows the company to repurchase its own shares from the open market with the aim of enhancing shareholder value and improving the companys financial position. The second tranche will see the company repurchase up to 10% of its issued share capital and it is expected to run for a period of 12 months. This move reflects the companys confidence in its future growth prospects and its commitment to creating value for its shareholders.

  • Airtel Africa Plc a leading telecommunications company in Africa has announced the commencement of the second tranche of its share buy-back program.

    This program allows the company to repurchase its own shares from the open market with the aim of enhancing shareholder value and improving the companys financial position.

    The second tranche will see the company repurchase up to 10% of its issued share capital and it is expected to run for a period of 12 months.

    This move reflects the companys confidence in its future growth prospects and its commitment to creating value for its shareholders.

15 May, 2025
News Naira Weakens to N1635/$ in Parallel Market Gains Slightly at Official Window

The Nigerian naira has weakened to N163.5 in the parallel market while gaining slightly at the official window. This is due to the continued pressure on the currency as well as the limited supply of foreign exchange in the country. The parallel market is where foreign currency is traded unofficially while the official window is controlled by the Central Bank of Nigeria. The naira has been struggling against major currencies such as the US dollar due to the impact of the COVID-19 pandemic on the countrys economy. This has led to rising inflation and a decrease in foreign reserves making the naira less valuable.

  • The Nigerian naira has weakened to N163.

    5 in the parallel market while gaining slightly at the official window.

    This is due to the continued pressure on the currency as well as the limited supply of foreign exchange in the country.

    The parallel market is where foreign currency is traded unofficially while the official window is controlled by the Central Bank of Nigeria.

    The naira has been struggling against major currencies such as the US dollar due to the impact of the COVID-19 pandemic on the countrys economy.

    This has led to rising inflation and a decrease in foreign reserves making the naira less valuable.

15 May, 2025
News Anxiety in Ogun Lagos over alleged ‘lethal rice’ in circulation

There is growing concern and anxiety in the states of Ogun and Lagos in Nigeria over the circulation of alleged lethal rice. Reports have emerged that some rice being sold in the markets may contain harmful chemicals that can cause serious health issues. This has led to a fear among consumers who are worried about the safety of the rice they are consuming. The government has responded by launching an investigation into the matter and has urged citizens to be cautious when purchasing rice. The situation has caused panic and raised questions about the quality control measures in place for food products in the country.

  • There is growing concern and anxiety in the states of Ogun and Lagos in Nigeria over the circulation of alleged lethal rice.

    Reports have emerged that some rice being sold in the markets may contain harmful chemicals that can cause serious health issues.

    This has led to a fear among consumers who are worried about the safety of the rice they are consuming.

    The government has responded by launching an investigation into the matter and has urged citizens to be cautious when purchasing rice.

    The situation has caused panic and raised questions about the quality control measures in place for food products in the country.

15 May, 2025
News JAMB Reschedules 2025 UTME for 379997 Candidates in South-East Lagos Amidst Technical Glitches

The Joint Admissions and Matriculation Board (JAMB) has announced the rescheduling of the 2021 Unified Tertiary Matriculation Examination (UTME) for 379997 candidates in the South-East and Lagos regions. This decision was made due to technical glitches experienced during the initial exam which affected the smooth conduct of the test. The new dates for the affected candidates will be communicated to them through their registered phone numbers and email addresses. JAMB has assured candidates that the rescheduled exam will be conducted under strict COVID-19 protocols to ensure the safety of all participants. This move has been welcomed by many candidates and stakeholders as it shows JAMBs commitment to a fair and transparent admission process.

  • The Joint Admissions and Matriculation Board (JAMB) has announced the rescheduling of the 2021 Unified Tertiary Matriculation Examination (UTME) for 379997 candidates in the South-East and Lagos regions.

    This decision was made due to technical glitches experienced during the initial exam which affected the smooth conduct of the test.

    The new dates for the affected candidates will be communicated to them through their registered phone numbers and email addresses.

    JAMB has assured candidates that the rescheduled exam will be conducted under strict COVID-19 protocols to ensure the safety of all participants.

    This move has been welcomed by many candidates and stakeholders as it shows JAMBs commitment to a fair and transparent admission process.

14 May, 2025
News Over 100 soldiers 200 civilians killed in five months — Report warns of Boko Haram resurgence

A recent report has warned of a resurgence of Boko Haram attacks in Nigeria with over 100 soldiers and 200 civilians killed in the past five months. The terrorist group has been active in the country for over a decade and has caused widespread devastation and displacement. The report also highlights the governments lack of action and inadequate resources for the military leading to increased vulnerability for civilians and security forces. This resurgence of attacks is a concerning development and calls for urgent action to address the ongoing threat of Boko Haram in Nigeria.

  • A recent report has warned of a resurgence of Boko Haram attacks in Nigeria with over 100 soldiers and 200 civilians killed in the past five months.

    The terrorist group has been active in the country for over a decade and has caused widespread devastation and displacement.

    The report also highlights the governments lack of action and inadequate resources for the military leading to increased vulnerability for civilians and security forces.

    This resurgence of attacks is a concerning development and calls for urgent action to address the ongoing threat of Boko Haram in Nigeria.

14 May, 2025
News Oluremi Tinubu empowers 300 Ogun farmers

The Renewed Hope Initiative Agricultural Support Programme of the First Lady Senator Oluremi Tinubu has empowered over 300 individuals in Ogun State with agricultural support materials. The wife of the Ogun State governor Mrs. Bamidele Abiodun who presented the empowerment items on behalf of Senator Oluremi Tinubu at the June 12 Cultural Centre Kuto Abeokuta

  • The Renewed Hope Initiative Agricultural Support Programme of the First Lady Senator Oluremi Tinubu has empowered over 300 individuals in Ogun State with agricultural support materials.

    The wife of the Ogun State governor Mrs.

    Bamidele Abiodun who presented the empowerment items on behalf of Senator Oluremi Tinubu at the June 12 Cultural Centre Kuto Abeokuta.

06 May, 2025
News Tinubu places ban on use of foreign goods in government contracts execution

President Bola Ahmed Tinubu has given approval to the Renewed Hope Nigeria First policy that stipulates that all federal ministries departments and agencies must give absolute priority to Nigerian goods services and know‑how when spending public funds. Briefing State House correspondents after the meeting Minister of Information and National Orientation Mohammed Idris described the policy as a

  • President Bola Ahmed Tinubu has given approval to the Renewed Hope Nigeria First policy that stipulates that all federal ministries departments and agencies must give absolute priority to Nigerian goods services and know‑how when spending public funds.

    Briefing State House correspondents after the meeting Minister of Information and National Orientation Mohammed Idris described the policy as a.

06 May, 2025
News ‘Cabals’ still working against our refinery – Dangote

In a recent interview Nigerian billionaire Aliko Dangote accused "cabals" of continuing to sabotage his efforts to build a refinery in the country. Dangote who is known for his successful business ventures has been facing numerous challenges in completing the construction of the refinery which is expected to be the largest in Africa. He claims that these "cabals" are trying to prevent the refinery from becoming operational despite the potential benefits it could bring to the countrys economy. Dangotes comments shed light on the ongoing power struggles and corruption within the Nigerian business and political landscape hindering progress and development.

  • In a recent interview Nigerian billionaire Aliko Dangote accused "cabals" of continuing to sabotage his efforts to build a refinery in the country.

    Dangote who is known for his successful business ventures has been facing numerous challenges in completing the construction of the refinery which is expected to be the largest in Africa.

    He claims that these "cabals" are trying to prevent the refinery from becoming operational despite the potential benefits it could bring to the countrys economy.

    Dangotes comments shed light on the ongoing power struggles and corruption within the Nigerian business and political landscape hindering progress and development.

05 May, 2025
News Death Toll Rises to 14 in Boko Haram Attack on Chibok Village as Church Homes Razed

A recent Boko Haram attack on the village of Chibok has resulted in a death toll of 14 with many more injured and numerous homes and a church destroyed. The attack which occurred on Christmas Eve has left the community devastated and in mourning. This is just the latest in a series of attacks by the terrorist group who have been responsible for thousands of deaths and displacements in Nigeria. The government has condemned the attack and promised to bring those responsible to justice. The incident serves as a reminder of the ongoing threat of terrorism in the region and the need for increased security measures.

  • A recent Boko Haram attack on the village of Chibok has resulted in a death toll of 14 with many more injured and numerous homes and a church destroyed.

    The attack which occurred on Christmas Eve has left the community devastated and in mourning.

    This is just the latest in a series of attacks by the terrorist group who have been responsible for thousands of deaths and displacements in Nigeria.

    The government has condemned the attack and promised to bring those responsible to justice.

    The incident serves as a reminder of the ongoing threat of terrorism in the region and the need for increased security measures.

29 Apr, 2025