Economy General

Stock market rebounds with N315bn gain

The Nigerian Exchange Ltd. (NGX) rebounded on Tuesday, reversing two days of bearish trends, with a gain of N315 billion. The NGX market capitalisation rose by N315 billion representing 0.46 per cent, closing at N68.357 trillion, up from N68.042 trillion on Monday. Similarly, the All-Share Index (ASI) increased by 501.14 points or 0.46per cent, closing

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General

Oji Udensi assumes duty as new FRSC commander in Imo

Mr Oji Udensi has assumed duty as the new Sector Commander of the Federal Road Safety Corps (FRSC) in Imo. Udensi confirmed this to NAN correspondent in Owerri, on Tuesday, May 13, 2025. Udensi, who took over from Mr Anthony Ugah, resumed duty since May 7, 2025. He stated his unwavering commitment to hitch-free traffic

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Oil and Gas General

Ogoni group, OLI, not satisfied with cleanup outcomes and efforts

The Ogoni Liberation Initiative (OLI) says it is not satisfied with cleanup efforts so far. There are still fears that Ogoni may go extinct. It has rather said that the cleanup exercise being executed by the Hydrocarbon Pollution Remediation Project (HYPREP) in Ogoni areas of Rivers State has not delivered the results expected by host

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Oil and Gas General

INC commends PINL, urges Ijaw to protect pipelines

• Bust says Ijaws prefer resource ownership to pipeline surveillance contracts By Ignatius Chukwu The Ijaw ethnic nationality rated high the efforts of the Pipeline Infrastructure Limited (PINL) in protecting pipelines that deliver crude oil and gas to the Bonny export terminal. The Ijaw National Congress (INC) which made the observation at the weekend urged

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Technology General

Experts eye drones as catalyst for economic leap

• Officials say no drone in Nigeria meets standards so far Stakeholders have charted paths to explore how drone regulation, training, and certification could fast-track Nigeria’s growth in vital economic sectors. The discussion unfolded at the 5th Drone Technology Conference and Exhibition (Dronetecx 2025), with the them: ‘Determining the Future of UAS in Nigeria.’ Unmanned

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Oil and Gas General

PINL commended for mobilisng the communities against vandalism

Huge commendations trailed the Pipeline Infrastructure Nigeria Limited (PINL) at a stakeholders’ roundtable in Port Harcourt May 8, 2025. Dr Kennedy West, President-General of the Movement for the Survival of the Ijaw Ethnic Nationality (MOSIEN), said PINL has performed very well and has mobilized the communities for defence of pipelines. He urged the NNPC to

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Economy General

Eto ticket causes stir in eastern ports as stakeholders say it pushes rate from N21,000 to N400,000

The new ticketing system newly introduced in Lagos ports is kicking dust in eastern ports, should it be introduced. Stakeholders said in Port Harcourt it has already hiked tickets in Lagos to over N400,000 and may o same in eastern ports. It is called ‘E-Call Up’ Details: The coalition of stakeholders and licensed Customs agents

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General

Rent hike spikes protests in Port Harcourt

Rent is going up so much in the Garden City that it may push many into destitution. Already, tenants and civil society groups in Rivers State have begun protests against the hike of far over 150% within the past one year. This is believed to have precipitated a housing crisis and attendant socio-economic confusion in

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Religion General

Catholics hail new pope emergence, distance Trump from process

The Justice Development Peace Commission (JDPC) of the Catholic Church, on Thursday, hailed the emergence of Pope Leo XIV as successor to late Pope Francis and distanced the election process from the U.S. President Donald Trump or any external influence. The JDPC Badagry Deanery Executives who spoke with the News Agency of Nigeria (NAN) after

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Entertainment & Lifestyle General

Anambra unveils iconic national tourism tower

[11:26 pm, 08/05/2025] Great Dad: The Managing Director of Dutum Construction Ltd., Mr Temitope Runsewe, says Anambra’s ‘Iconic Light of the Nation Tower’ places the state on Nigeria’s tourism map. Runsewe, whose firm built the tower, made this known in Awka on Thursday during the inauguration of major state projects by President Bola Tinubu. President

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