Inflation, rising production costs threaten industrial stability — CANMPEF

Inflation, rising production costs threaten industrial stability — CANMPEF

By Victor Ahiuma-Young The Chemical and Non-Metallic Products Employers Federation, CANMPEF, has warned that rising production costs, multiple taxation, and foreign exchange volatility continue to threaten Nigeria’s industrial stability, even as manufacturers show resilience and innovation in adapting to the nation’s harsh economic realities. Presenting the President’s Report at the Federation’s 46th Annual General Meeting, […]
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Africa should harness AI to solve local problems, drive growth — Microsoft boss

Africa should harness AI to solve local problems, drive growth — Microsoft boss

By Theodore Opara Africa stands at the edge of a new digital revolution, and its survival and prosperity may depend on how well it embraces Artificial Intelligence (AI) to solve its own problems, says Microsoft Nigeria’s Country Manager, Abideen Yusuf. Yusuf argued that the continent’s future growth depends on shifting from being a consumer of […]

Stock market closes weaker amid sell pressure, as profit-taking persists

Stock market closes weaker amid sell pressure, as profit-taking persists

By Peter Egwuatu  The Nigerian Exchange (NGX) ended trading, last week, on a weaker note extending the bearish trend as investors continued profit taking and cautious repositioning across major sectors. The negative performance, according to analysts, reflected renewed sell pressures across the banking, consumer goods, and industrial goods sectors, as investors reacted to mixed earnings results […]

Zamfara is ready for change, says ADC’s Atiku Saleh

Zamfara is ready for change, says ADC’s Atiku Saleh

The Deputy National Organising Secretary of the African Democratic Congress (ADC), Alhaji Atiku Abubakar Saleh, has said Zamfara State is showing strong signs of readiness for political change, as he rallied support for the ADC and described it as a growing alternative platform in the country’s political landscape.

Family crisis: Senator Nwoko, Regina Daniels in war of words

Family crisis: Senator Nwoko, Regina Daniels in war of words

The once-celebrated marriage between Nollywood star Regina Daniels and billionaire politician Senator Ned Nwoko is now embroiled in a public storm of allegations and counterclaims, captivating social media and tabloids alike. What began as a fairy-tale union in 2019 has descended into a series of explosive accusations, suggesting the relationship may be nearing a breaking […]

Oyo teacher beaten to death by students over gambling

Oyo teacher beaten to death by students over gambling

*Outrage as educators demand justice, protection for teachers By Adeola Badru OGBOMOSO — A teacher at Soun High School, Mr. Fatai Adegoke, has tragically died after being brutally attacked by his own students while trying to stop them from gambling during school hours. According to reports, Mr. Adegoke reprimanded a group of students caught gambling […]

Village head arrested over Nasarawa killing, kidnapping

Village head arrested over Nasarawa killing, kidnapping

By Abel Daniel Lafia—The village head of Sarkin Noma, Ero Yaro, has been arrested by the Nasarawa State Police Command for his alleged involvement in a midnight attack in the community that left two people dead and one abducted. The Command’s Public Relations Officer, SP Ramhan Nansel, confirmed the arrest to journalists in Lafia. “Information […]

Microfinance Bank extols Ikoli’s virtues

Microfinance Bank extols Ikoli’s virtues

Charis Microfinance Bank has described the death of Elsie Ajayi Ikoli as an irreparable loss. ‘’On behalf of the Management and Staff of Charis Microfinance Bank Limited, we wish to express our deepest condolences to you and your family on the passing of your beloved mother, Madam Elsie Ajayi Ikoli, who slept in the Lord […]

ICPC, others expose mystery behind missing LG allocations

ICPC, others expose mystery behind missing LG allocations

The Independent Corrupt Practices and Other Related Offences Commission, ICPC, and other federal agencies have revealed that there is no verifiable evidence showing that local government allocations from the Federation Account reach the councils directly, exposing a long-suspected mystery surrounding local government finances in Nigeria.