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Daily Archives: Jul 1, 2025

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Equity Market Adds N5.32tn in June Amid Investor Confidence Surge

Damilola -
Nigeria’s equity market closed the month of June on a bullish note, gaining a whopping N5.32 trillion in market capitalisation, driven by heightened investor...

Cattle Rustlers Caught Red-Handed in Abia Village

iReport News -
A swift security operation by Operation Crush, a special anti-crime task force in Abia State, has led to the arrest of three suspected cattle...

Gencos Decry Delays as FG Fails to Address N4.7tn Outstanding Debt

Damilola -
The Federal Government’s delay in engaging Nigeria’s power generation companies (GenCos) over a staggering N4.7 trillion debt is raising serious concerns about the future...

Ex-AMCON Director: Arik’s N96bn Loan Still Non-Performing

Damilola -
The controversial loan facility extended to Arik Air by the Asset Management Corporation of Nigeria (AMCON) has been declared non-performing despite a total injection...

$2.5bn Trade Deals Signed at US-Africa Business Summit

Damilola -
The 17th U.S.-Africa Business Summit, held from June 22 to 25, 2025, has yielded over $2.5 billion in new trade and investment deals between...

Aviation Safety: NCAA Applauded for Suspending Rano Air Aircraft

Damilola -
The Nigeria Civil Aviation Authority (NCAA) has received widespread commendation from aviation stakeholders and safety experts following its swift decision to ground a Rano...

US Accuses Harvard University of Anti-Semitic Harassment

The_eagle -
The US government has accused Harvard University of violating the civil rights of its Jewish and Israeli students, threatening to cut off all federal...

Afreximbank: Poor Market Intelligence Hindering Africa’s Trade Growth

Damilola -
The African Export-Import Bank (Afreximbank) has identified the lack of market intelligence, fragmented infrastructure, and colonial trade legacies as key barriers stunting intra-African trade...

APC Candidate Revives Borehole, Vows Greater Impact if Elected

iReport News -
Prince Kazeem Balogun, the All Progressives Congress (APC) councillorship candidate for Ward A in the Agboyi-Ketu Local Council Development Area (LCDA) of Lagos State,...

Tinubu’s FRC Levy Cap Welcomed by NECA as Business-Friendly Move

Damilola -
The Nigeria Employers’ Consultative Association (NECA) has lauded President Bola Ahmed Tinubu’s decision to cap the Financial Reporting Council (FRC) levy at N25 million...

Elon Musk’s Bid for a New Political Party Faces Significant Hurdles

The_eagle -
Elon Musk's plan to create a new political party, dubbed the "America Party," is unlikely to succeed in forming a winning coalition, according to...

Pastor, Married Woman Stripped Naked Over Infidelity Allegation

iReport News -
A disturbing incident occurred in the Iguomon community, located in Benin, Edo State, where a man alleged to be a pastor and a yet-to-be-identified...
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Trial begins for man accused of Trump assassination attempt

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The trial of Ryan Routh, the man accused of...

Belarus frees 52 political prisoners after US mediation

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In a significant development, Belarus has released 52 political...

Ukraine retakes territory, contradicting Putin’s claims of advancement

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Ukraine's Commander-in-Chief, Oleksandr Syrskii, revealed on Monday that Ukrainian...

Netanyahu asks neighbours harbouring terrorists to expel them or risk attacks

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In a bold and provocative statement, Israeli Prime Minister...

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