Author: Broad Admin

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Nigeria’s inflation rate fell for the seventh consecutive month in October to 15.99 per cent from 16.63 per cent recorded a month earlier. The statistics office said Monday that the prices of goods and services, measured by the Consumer Price Index, rose by 15.99 per cent in October, This is 1.76 per cent points higher […]

Socialite and businessman, Obinna Iyiegbu, aka Obi Cubana, has shut down his Abuja club, Hustle & Bustle, over the death of one of his clients. The Anambra-born club owner made this known in an Instagram post on Monday. It was gathered that the clubber died over the weekend but the circumstances of the death could […]

The Group Vice President of the Dangote Group and owner of Dansa Agro-allied Limited, Sani Dangote, is dead. Sani, who is the younger brother to Africa’s richest man, Aliko Dangote, was reported to have died at a hospital in the United States on Sunday evening after a protracted illness. This disclosure is contained in a […]

Two weeks after the collapse of the 21-storey building on Gerard Road, Ikoyi, Lagos State, the Nigerian Insurers Association and the Nigerian Council of Registered Insurance Brokers have said none of their members indicated that it provided insurance cover for the high-rise. According to the National Insurance Commission, the regulatory body for the industry, out […]

The Police High Command on Thursday paraded 14 suspects over the invasion of the Abuja residence of a Supreme Court Justice, Mary Odili, describing them as impostors unknown to any of the nation’s security forces. Parading the suspects at the Force Headquarters Annex, Abuja, Force spokesman, Frank Mba, said that the 14 suspects and seven […]

Tesla CEO Elon Musk has offloaded company shares worth $5 billion, days after setting off a Twitter poll — in which millions voted — asking whether he should sell 10 percent of his huge stake in the electric carmaker. The zany billionaire, the world’s richest man with a net worth of around $300 billion, sold […]

THE Senate on Wednesday approved President Muhammadu Buhari’s External Borrowing (Rolling) plan for the Federal Government to the tune of $16,230,077,718, €1,020,000,000 and a grant component of $125,000,000.00 under the 2018-2020 External Borrowing (Rolling) plan” for the Federal Government. Senate’s approval was sequel to the consideration of the report of the Senate Committee on Local […]

The candidate of the All Progressives Grand Alliance, APGA, Charles Chukwuma Soludo, has been declared the winner of the Anambra governorship election. The former Central Bank governor was declared the winner by the Independent National Electoral Commission, INEC. Soludo’s victory was announced by the Returning Officer of the Anambra governorship election, Florence Obi. Soludo emerged […]

Justice Okon Abang of the Federal High Court in Abuja, has sentenced the former Chairman of the now-defunct Pension Reformed Task Team, Abdulrasheed Maina, to 8 years imprisonment for money laundering and others. This follows a guilty judgement by the court earlier in the day for offences that include money laundering, inducing bank staff to […]

Equities market closed on a positive note, as NGXASI appreciated by +2.93% to close at 43,246.87 basis points as against +0.17% appreciation recorded previously. Its Year-to-Date (YTD) returns currently stands at +7.39%.  Details…


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