Naira appreciates 0.6% against dollar at official market

The Naira on Monday appreciated at the official market, trading at N1,607.15 to the dollar. Data from the official trading platform of the FMDQ Exchange, a platform that oversees the Nigerian Autonomous Foreign Exchange Market, showed that the Naira gained N9.93. This represents a 0.61 per cent gain when compared to the previous trading date […]

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Global stock markets plunge on US recession fears

Wall Street stocks deepened their losses Monday and Tokyo had its worst day in 13 years as panic spread across trading floors over fears of recession in the United States, just as the Nigerian stock market dipped by 0.2%. Specifically, the benchmark index of the stock market, Nigerian Exchange Limited, NGX All Share Index, ASI  […]

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Protests: Kaduna, Zaria boil; over N700bn lost in 5 days — ASBON, KACCIMA

The nationwide protest against hunger in the country turned riotous in Kaduna and Zaria yesterday, compelling the state government to declare a dusk-to-dawn curfew. Aside from Kaduna, the protest also continued in Lagos, Abuja, Jos, Benin, Kano, and Zamfara, despite President Bola Tinubu’s nationwide broadcast on Sunday. Meanwhile, losses to the economy have been estimated […]

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Court jails pastor for raping member’s wife in Imo

An Imo State High Court presided over by Justice T.N. Nzeukwu has sentenced a pastor to eight years imprisonment for raping the wife of his church member. Pastor Desmond Eke, founder of Deliverance Ministry of the Good Shepherd, Umuihita Avu, Owerri West LGA Imo State was found guilty of taking advantage of the woman who […]

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