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Trading on the domestic stock market remained bullish with the market capitalisation gaining N28.73 billion to close at N26.908 trillion from N26.880 trillion posted on Wednesday. Details attached:

The Lagos state government says violators of the ban on commercial motorcycles, better known as okada, in some LGAs of the state, are liable to an imprisonment term of three years. Frederic Oladeinde, commissioner for transport, issued the warning on Wednesday during a press briefing at Ikeja, Lagos state capital. On August 18, 2022  the […]

Governor Okezie Ikpeazu of Abia has assured old traders at Ariaria International Market and Ahia Ohuru that his administration will allocate shops to them in the remodelled markets. A statement by Commissioner for Trade and Investment, John Okiyi-Kalu, said Mr Ikpeazu gave the assurance in Aba while interacting with the executives and stakeholders in the […]

Emirates Airlines has announced the reinstatement of its flight operations to Lagos, starting September 11, 2022. Making the announcement in a memo to customers on Wednesday, the airline said that inbound flights from Dubai to Lagos and outbound flight to Dubai will commence on September 11. “We are pleased to inform you that effective from 11th […]

The Economic and Financial Crimes Commission has arrested Speaker of the Ogun State House of Assembly, Olakunle Oluomo at the Muritala Muhammad Airport, Lagos State. According to PUNCH,  Oluomo was arrested over allegations bordering on financial crimes. A staff member at the assembly who pleaded anonymity said the speaker was picked up this morning at […]

The Miners Affiliation of Nigeria has known as on the Nigerian Authorities to test the actions of Chinese language miners “scavenging” for Lithium. This was disclosed by Mr Dele Ayanleke, the Nationwide Secretary of the affiliation in an interview with the Information Company of Nigeria (NAN) on Wednesday in Abuja. Lithium is a mineral utilized […]

The Taliban has placed nationwide ban on cryptocurrencies and has begun arresting Afghans who defied the ban. Head of criminal investigations at the police headquarters in Herat, Sayed Shah Saadaat, disclosed to Bloomberg that Afghanistan’s central bank imposed a nationwide ban this month.  “The central bank gave us an order to stop all money changers, […]

The Federal Government is proposing a budget with estimates totaling N19.76tn, while the deficit will hover between N11.30tn and N12.41tn in the 2023 fiscal year. According to PUNCH, the Minister of Finance, Budget and National Planning, Zainab Ahmed, who made this known in Abuja on Monday, decried that the government might be unable to provide […]

Effective October 4, 2022, Delta Air Lines will suspend its flights between New York JFK airport and Lagos. The airline disclosed this via a statement, stating that the route suspension was to fit into “the current demand environment.” According to them, Customers impacted by the suspension will be re-accommodated on Delta operated flights or services […]

The Academic Staff Union of Universities (ASUU) is has extended its ongoing strike that has paralyzed Nigeria’s public universities, 196 days after they embarked on the industrial action. The decision was taken after the National Executive Council meeting at the union’s headquarters at the University of Abuja on Monday morning. Howvever according to punch, the […]


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