On June 11, 2024, the Nigerian Exchange’s All-Share Index (ASI) experienced a modest decline. The ASI, which monitors the overall market movement of all listed equities, including those on the Growth Board, closed at 99,630.51 points. This represents a slight decrease of 0.16% from the previous trading day. This dip indicates a cautious approach among Read More…
Regional economic integration, food production, and security emerged as the main priorities at the South-West Governors’ Forum meeting held in Lagos on Monday. During the closed-door session in Alausa, Lagos Governor Babajide Sanwo-Olu was unanimously elected as the new chairman of the Forum, succeeding the late Governor of Ondo State, Arakunrin Rotimi Akeredolu, SAN. The Read More…
Confusion has surrounded the political affiliation of Martins Amaewhule and 26 other Rivers State House of Assembly members. Despite reports claiming that a State High Court judgement reaffirmed their membership in the Peoples Democratic Party (PDP), the Rivers State government has issued a statement seeking to dispel these misunderstandings. The controversy began in December 2023, Read More…
A former governor of Jigawa State, Alhaji Sule Lamido, has dismissed claims that President Bola Tinubu built modern Lagos, attributing the development of Nigeria’s economic capital to federal government efforts. Speaking on Channels Television’s Politics Today, Lamido criticised Tinubu’s supporters for overstating his achievements as governor from 1999 to 2007. “Lagos was built with Nigerian Read More…
The Super Eagles’ quest for their first victory in Group C of the FIFA World Cup qualifiers ended in disappointment as they suffered a defeat to Benin on Monday. The match began with both teams starting cautiously, with Nigeria displaying patience in their attacks but struggling to find the cutting edge in their execution. After Read More…
Islamist extremists have given fishermen and other Baga, Borno State inhabitants a 14-day notice to leave their homes, leaving them in a terrible condition, according to a Reuters report. On May 27, fighters from the Boko Haram spinoff Islamic State West Africa Province (ISWAP) invaded Baga, killing fifteen and kidnapping numerous others. A fisherman, Umar, Read More…
In a significant development for the South-West region, Lagos State Governor Babajide Sanwo-Olu convened a crucial closed-door meeting with his counterparts from the six states in the geo-political zone at the Lagos House in Ikeja. The meeting, which began around noon, brought together governors from Ondo, Ogun, Oyo, Osun, Ekiti, and Lagos states. Key attendees Read More…
The Nigerian stock market experienced notable activity on June 10, 2024. The NGX All-Share Index (ASI), which tracks the general market movement of all listed equities on the Nigerian Exchange, including those listed on the Growth Board, showed positive momentum. The NGX All-Share Index saw a modest increase of 0.58% to close at 99,793.71 points. Read More…
“This house must not fall,” I wrote in my January 1, 2014 column published in Daily Trust to mark 100 years of the amalgamation of the Northern and Southern Protectorates of Nigeria. I have always believed that if we run an inclusive system that allows all parts to retain their cultural identity and achieve their Read More…
I am in tears as I write the words here. It has been shattering for me on hearing of the passing away of my ever rendering soulmate Pita Okute whose original name is Iheanyi Iwuofor. As things stand, it would be killing for me to write about Pita Okute in the past tense. Pita Okute Read More…
