Govt not responsible for fuel price hike; subsidy still being paid: Sylva

Despite filling stations across the nation now selling petrol way above the approved N165 per litre, the federal government claims it has not removed subsidies on the essential commodity. Timipre Sylva, Minister of State for Petroleum Resources, disclosed this while speaking with journalists on Monday in Abuja. The minister spoke on the sidelines of the … [Read more…]

Nigerian stock market rakes in N831bn in 6months, despite global disruptions

Despite the compounding damage from the COVID-19 pandemic and the Russian invasion of Ukraine, which has magnified the slowdown in the global economy, the country’s capital market activities remain positive in the first half of 2022 as both local and foreign investors on the Nigerian Exchange Limited (NGX) traded N831.83 billion worth of equities. N485.4bn … [Read more…]

PDP Crises: Party set to meet Wike, aggrieved members, Presidential aspirants ​―BoT Chairman

The Chairman Board of Trustees of the Peoples Democratic Party (PDP), Senator Walid Jibrin has disclosed that the party is set to meet with Governor Nyesom Wike of Rivers State, aggrieved party members as well as all the Presidential aspirants for a reconciliatory meeting following the unnecessary furore that emanates as a result of the … [Read more…]

Kidnapped Thespians: Nollywood stars react as colleagues’ abductors demand $100,000

Nigerian award-winning film actress Hilda Dokubo and her colleague, Lizzy Gold Onuwaje have both reacted to the kidnap of their colleagues. On Thursday 28th of July, Nollywood thespians Cynthia Okereke and Clemson Cornel were kidnapped in Ozalla town, Enugu while returning from a movie set. It was learnt that the abductors of the film stars … [Read more…]