Author: Broad Admin

Minister of Labour and Employment, Dr Chris Ngige has withdrawn his presidential ambition and would continue as a minister in President Muhammadu Buhari’s cabinet. The former Anambra State governor announced his withdrawal from the 2023 presidential race via a statement titled, ‘Withdrawal of my presidential ambition’ released on Friday evening. The Minister said his decision to withdraw […]

The NGX closed on a positive note amidst sell-offs and buy-interests as the benchmark All-Share Index (ASI) appreciated by 34 basis points. The NGX ASI closed at 53,098.46 points to reflect a growth of 0.34% from the previous trading day and a Year-to-Date (YTD) return of 24.30%. Meanwhile, the market capitalization grew by N97.42 billion. […]

The cryptocurrency market has suffered massive losses as cryptocurrencies overall have lost nearly $800 billion in market value in the past month, according to data site CoinMarketCap.  The domino effect in the crypto market began when the United States Federal Reserve raised its interest rates last week, negatively affecting the stock markets, then stablecoin terraUSD […]

The Bayelsa State chairman of the All Progressives Congress, Dennis Otiotio, has said that the former President, Goodluck Jonathan, is officially not yet a member of the APC in the state. He said this in a telephone chat with The PUNCH on Thursday morning. According to him, Jonathan could only join the APC if he […]

American professional basketball player, LeBron James is ranked the highest-earning athlete worldwide in 2022. This is according to research by Sportico, a sports business publication with estimates based on earnings from June 2021 to May 2022 as well as combined salary and prize money from off-court empire. As the highest earner, the basketballer made $126.9 […]

Bullish sentiment returned to the Nigerian stock market on Wednesday, following investors’ interest in MTN Nigeria. Specifically, the market capitalisation garnered N556.93 billion or 1.99 per cent to close at N28.735 trillion from N27.928 trillion on Tuesday. Also, the All-Share Index advanced by 1,033.04 points or 1.99  per cent to close at 52,838.45 against 51,805.41 […]

Bullish sentiment returned to the Nigerian stock market on Wednesday, following investors’ interest in MTN Nigeria. Specifically, the market capitalisation garnered N556.93 billion or 1.99 per cent to close at N28.735 trillion from N27.928 trillion on Tuesday. Also, the All-Share Index advanced by 1,033.04 points or 1.99  per cent to close at 52,838.45 against 51,805.41 […]

The bears resurfaced at the Nigerian Exchange Ltd. on Tuesday as a result of profit taking in MTN Nigeria and 11 other stocks. Accordingly, the All-Share Index declined by 97.07 basis points or 0.19 per cent to close at 51,805.41 from 51,902.48 recorded on Monday. Consequently, the year-to-date (YTD) return fell to 21.28 per cent. […]

The National Association of Nigerian Students (NANS) has directed all its structures and organs to block all federal roads in protest against the continued shutdown of public universities in the country. Against the backdrop of the extension of the warning strike by the Academic Staff Union of Universities (ASUU), NANS asked the students to ensure […]

The Senate has amended Section 84 (8) of the Electoral Act 2022, which will enable statutory delegates participate in political parties’ congresses and conventions. The current version, which was assented to by the president, Major General  Muhammadu Buhari (retd.), in February this year, prevents statutory delegates from taking part in party primaries. Statutory delegates include […]


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