2027 Election: Defence Minister, Musa Sounds Cyber War Alarm
From Victor Osula, Abuja The Minister of Defence, General Christopher Musa, retd., has raised the alarm over a dangerous trend …
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Zulum Pledges Stronger UMTH, Partners’ Collaboration to Transform Borno Healthcare
By Salihu Pirkusu, Maiduguri Borno State Governor, Professor Babagana Umara Zulum, has promised to deepen collaboration with the Federal Government …
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UNGA 81: Tinubu to Address World Leaders September 23
By Ayo Kehinde President Bola Tinubu will join representatives of all 193 UN member states including more than 150 heads …
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Northern Christian Association, Chair lauds Rev Omolehin for erecting tents for displaced Borno IDPs
By Salihu Pirkisu, Maiduguri The Northern Christian Association (NCA) Chairman, Reverend, Dr Joseph Hayab has commended the Founder of the …
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Tinubu Hails IBB on 88 Birthday
By Ayo Kehinde President Bola Tinubu has paid glowing tribute to former Head of State, General Ibrahim Babangida on his …
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Osun Drops EFCC Suit on Frozen Account
By Ayo Kehinde Re-elected Governor Ademola Adeleke of Osun state said he has directed the state’s Attorney-General and Commissioner for …
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Nigerian Stock Market Slumps
The Nigerian stock market closed lower on Wednesday as renewed profit-taking across major counters triggered a broad-based sell-off, outweighing gains recorded in selected insurance stocks. The Nigerian Exchange (NGX) All-Share Index (ASI) declined by 0.41 percent, falling from an opening level of 247,984.55 basis points to close at 246,980.17 basis points. Similarly, market capitalisation dropped from ₦159.992 trillion at the start of trading to ₦159.344 trillion at the close, translating to a loss of approximately ₦648 billion in investors’ wealth. Market breadth closed firmly in the red, with 45 equities recording price declines compared to 23 gainers, underscoring the dominance of profit-taking across the market. Top Five Gainers • Lasaco Assurance Plc appreciated by 10.00 percent (rising from ₦2.20 to …
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Oil Market Reacts to US- Iran Cease fire
By Ayo Kehinde Brent crude prices fell more than 5 percent on Monday after the United States and Iran paused attacks over the weekend, easing concerns over potential disruptions to global oil supplies and lifting expectations that diplomatic efforts could help contain the conflict. Brent crude futures dropped $4.89, or 5.05 percent, to $91.89 a barrel by 0009 GMT after briefly slipping below the $90 mark earlier in the session. U.S. West Texas Intermediate (WTI) crude also declined by $4.67, or 5.23 percent, to $84.64 a barrel. The sharp decline came after three consecutive weeks of gains that had seen both benchmarks climb close to the $100-per-barrel level as tensions between the United States and Iran heightened fears of supply …
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Business women Repay SME Loans Better Than Business men, Moniepoint Says
By Ayo Kehinde Women-run businesses in Nigeria are emerging as some of the country’s most reliable borrowers, recording significantly lower loan default rates than their male counterparts despite longstanding barriers to accessing formal credit. This is the finding by Moniepoint in its 2025 Impact Report. The fintech disclosed that women-owned businesses in its loan portfolio had default rates 2.5 times lower than those of male-owned businesses, strengthening the case for expanding access to finance for female entrepreneurs. The report also showed that lending to women-owned businesses grew by more than 300 percent during the year, while 62 percent of surveyed female entrepreneurs said the facility represented the first formal business loan they had ever accessed. According to the report, women …
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Kogi Launches Sensitization On New Tax Laws
From Joseph Amedu, Lokoja The Kogi State Internal Revenue Service (KGIRS) has launched a fresh phase of its taxpayer sensitisation campaign on the new tax laws. The sensitization campaign kick started with engagement of stakeholders in Kogi Central Senatorial District as part of efforts to boost compliance and deepen public understanding of the reforms. The town-hall meeting marks the commencement of a statewide rollout of the initiative, which is expected to extend to the remaining two senatorial districts. The engagement provided a platform for taxpayers and stakeholders to interact directly with the tax authority, seek clarification on the reforms, and raise concerns affecting their businesses and livelihoods. Speaking at the forum in Okene, Kogi central senatorial district, the Executive Chairman …
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IMF Warns Rising Living Costs Will Worsen Poverty In Nigeria Despite Stronger Economic Growth Outlook
The International Monetary Fund (IMF) has warned that rising prices of essential goods will push more Nigerians into poverty and worsen food insecurity, even as it maintained a positive outlook for the country’s economic growth over the next two years. In its July 2026 World Economic Outlook (WEO) Update, the IMF retained Nigeria’s growth forecast at 4.1 per cent for 2026 and 4.3 per cent for 2027, citing improved macroeconomic stability and favourable terms of trade. According to Globalfinancial Digest, the Fund cautioned that persistently high prices for food and other necessities remain a major threat to household welfare. The IMF also downgraded its global growth outlook, projecting the world economy to expand by 3.0 per cent in 2026 and …
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Nigerian Style Of Football, By Uzor Maxim Uzoatu
We played the game. It entailed any number of men or women running about kicking any roundish object. We had …
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Edo Assembly to Probe Ex -Speaker Agbebaku’s Tenure
By Ayo Kehinde The Edo State House of Assembly has opened a fresh front against its former Speaker, Blessing Agbebaku, …
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Court Jails Two for Illegal Naira Trading in Lagos
Justice A. Aluko of the Federal High Court, Ikoyi, Lagos, on Tuesday, August 18, 2026, convicted and sentenced two …
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EFCC Recovers N4.4bn Worth of AGO in Lagos
The Lagos Zonal Directorate 1 of the Economic and Financial Crimes Commission, EFCC, on Monday, August 17, 2026 recovered 2.3 …
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WAEC Faces Revolt as Schools Reject 2026 WASSCE Results, Say Marking Rules Are Arbitrary
From Victor Osula, Abuja School administrators, education advocates and civil society groups are up in arms against the West African …
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Jonathan Demands New Rules for Off-Cycle Election
From Victor Osula, Abuja Former President Goodluck Jonathan has warned that the growing practice of serving governors and other powerful …
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Adeleke Denies Any Pre-election Deal with ADC
By Ayo Kehinde Osun State Governor, Ademola Adeleke, has denied claims by the African Democratic Congress (ADC) that Accord entered …
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Freedom Of Information Act and The Limits of Press Freedom (2) By Mack Ogbamosa
Continued from yesterday & concluded The Official Secrets Act,1962 The Official Secrets Act, (OSA), 1962,a colonial- era law currently codified …
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Freedom of Information Act and The Limits of Press Freedom,By Mack Ogbamosa (1)
Introduction A free, independent, and vibrant press is one of the strongest pillars of any democratic society. It is against …
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Police Arrest Suspect Over Attempted Culpable Homicide in Kogi
From Joseph Amedu, Lokoja The Kogi Police Command has arrested one Jacob Irewa in connection with an attempted culpable homicide …
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