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Transactions On NGX Up 83.5%, Investors Gain 24bn

(AFRICAN EXAMINER) – Investors on the Nigerian Exchange Ltd. (NGX) traded 2.094 billion shares worth N52.967 billion in 64,612 deals during the week under review This is in contrast to 1.183 billion shares valued at N28.868 billion that exchanged hands across 42,397 transactions last week. Consequently, the value of transactions traded by investors on the […]

Tinubu Should Declare State Of Emergency On Security, Economy – Ndume

(AFRICAN EXAMINER) – The lawmaker representing Borno South Senatorial District, Ali Ndume, has called on President Bola Tinubu to declare a state of emergency on the nation’s security and economy sectors. “Let the President forget about everything and concentrate on three things – security, welfare of citizens and economy,” he stated. “His attention should go […]

Fire Razes 12 Shops In Ibadan Market

(AFRICAN EXAMINER) – At least 12 shops have been razed in a late night fire at Araromi Market, Agodi gate Ibadan, the Oyo State capital. The fire which reportedly started around 11pm Friday  night, happened within the Cement trading section of the market It affected at least 12 shops before it was put out by […]

RMRDC Set To Host 2025 African Raw Materials Summit In Abuja

  (AFRICAN EXAMINER) – As part of its commitment  towards fostering regional and continental collaboration, Nigeria’s Raw Materials Research and Development Council’s (RMRDC) has hinted that it has concluded plans to organize the African Raw Materials Summit in Abuja between 20th to 22nd May 2025.   “This landmark summit will bring together policy makers, investors, industry […]

Peter Obi, Nwoye, Don Harp On Need For Reawakening Of Igbo’s Values

(AFRICAN EXAMINER) – Former governor of Anambra State, and 2023 presidential flag bearer of the opposition Labour Party (LP), Mr.Peter Obi, has harped on the need for the reawakening of the consciousness of Igbos in all spheres of human endeavours, including lost cultural values.  He posited that the rebirth of Igbo renaissance,  became necessary following […]

Japa: Adesina Berates FG’s ‘₦10,000 Youth Empowerment Scheme

(AFRICAN EXAMINER) – The president of the African Development Bank (AfDB), Dr. Akinwumi Adesina, has slammed the meagre empowerment schemes given to  African youths as he calls for impactful capital investment to unlock the continent’s vast youth potential. Adesina stated this when he appeared on Channels Television’s Sunrise Daily on Thursday, April 10,  describing youths […]

Dangote Refinery Slashes Ex-Depot Petrol Price

(AFRICAN EXAMINER) – Dangote Petroleum Refinery and Petrochemicals has reviewed its ex-depot (gantry) loading cost of petrol to ₦867 per litre. It was gathered that the $20bn refinery informed its marketers and customers of the slash on Thursday. Checks into petroleumprice.ng also confirmed that the private refinery reduced its gantry price by ₦13 on Thursday […]

Tinubu Mourns Former Lagos CJ, Sotuminu

(AFRICAN EXAMINER) – President Bola Tinubu has commiserated with the family, friends, and colleagues of the late Justice Ibitola Adebisi Sotuminu, former Chief Judge of Lagos State, who passed away at the age of 86. This was contained in a press release issued on Thursday and signed by Special Adviser to the President, Information and […]

‘We Are LP Members,’ Peter Obi Dismisses Defection Rumours

(AFRICAN EXAMINER) – The Labour Party candidate in the 2023 presidential election, Peter Obi, on Wednesday dismissed rumours of dumping the party. He stated this while addressing party members during the ongoing National Executive Council (NEC) meeting in Abuja. “Some speculated that he has left the Labour Party, some of us are on our way […]

Nigeria Plans To Launch E-Visa, Digital Landing, Exit Cards

(AFRICAN EXAMINER) –  (NAN) Mr Festus Keyamo, Minister of Aviation and Aerospace Development, says the Federal Government will launch an e-visa system and digital landing/exit cards to enhance national security.  He disclosed this on Wednesday in Abuja when he received a delegation led by the Minister of Interior, Mr Olubunmi Tunji-Ojo.  According to Keyamo, the […]

Lagos Boy Who Stood In Front Of Obi’s Convoy During Election Detained Without Trial –Lawyer

(AFRICAN EXAMINER) – Human rights lawyer, Inibehe Effiong, has described the case of Alabi Quadri, a minor who has been incarcerated at the Kirikiri Minimum Security Custodial Centre in Lagos since January, as a clear failure of Nigeria’s judicial system. In a preliminary statement shared via X on Wednesday, Effiong revealed that he visited the […]

China Retaliates With 84% Tariffs On US Products From Thursday

(AFRICAN EXAMINER) – China will impose 84 percent tariffs on US imports, up from 34 percent, the finance ministry said Wednesday, hours after similar levies by the United States came into force. US President Donald Trump’s latest salvo of tariffs came into effect on dozens of trading partners Wednesday, including punishing 104 percent duties on […]

N5.51trn Pension Investment To Boost Economy- PenCom

(AFRICAN EXAMINER) –  The Director General (D-G) of the National Pension Commission (PenCom), Omolola Oloworaran, says the N5.51 trillion pension investment will boost the country’s real sector development. This is contained in a statement issued by the management of the commission in Abuja on Tuesday. The investments, she said, span infrastructure, private equity vehicles, real […]

FG Meets With Dangote Officials, Says Naira-For-Crude Still In Effect

(AFRICAN EXAMINER) – The Federal Government says its naira-for-crude initiative with local refineries is not a temporary measure but a “key policy directive designed to support sustainable local refining”. The government also said the initiative is still in effect and will continue immediately, overruling the decision of the NNPCL under its former boss Mele Kyari […]

FULL LIST: 23 Newly Appointed Rivers LG Administrators

(AFRICAN EXAMINER) – The Administrator of Rivers State, Retired Vice Admiral Ibok-Ete Ibas, has appointed Administrators for the 23 Local Government Areas (LGAs) in the state. According to the statement by the Secretary to the State Government, Professor Ibibia Worika, the appointments are to take effect from Monday, April 7, 2025. The administrators for the […]

Ibas Appoints Sole Administrators For Rivers LGAs

(AFRICAN EXAMINER0 – )The Rivers Administrator, Vice Admiral Ibok-Ete Ibas (rtd) has announced the appointments of Sole Administrators for the 23 Local Government Areas (LGA) of Rivers. Ibas made the remark in a statement signed and issued by Prof. Ibibia Worika, Secretary to the State Government in Port Harcourt on Wednesday. He also approved the […]

Telecoms Operators Propose New Guidelines For Unclaimed Recharges

(AFRICAN EXAMINER) – The Nigerian Communications Commission (NCC), on Tuesday engaged stakeholders in a forum to address the growing concerns surrounding unclaimed and unutilised subscriber recharges. The News Agency of Nigeria (NAN) reports that the forum   was a major regulatory step towards protecting telecom consumers while ensuring operational clarity for service providers. The Executive […]

Protest: NUJ Demands Apology From Police Over Assault On Journalists

(AFRICAN EXAMINER) – The Nigeria Union of Journalists (NUJ), Rivers State Council, has issued a 14-day ultimatum to the Rivers State Police Command to tender an unreserved public apology over the assault on five journalists during a peaceful protest in Port Harcourt or risk a statewide media blackout. In a statement jointly signed by the […]

Nigeria’s Inflation To Rise, Trump May Reverse Tariffs — Rewane

(AFRICAN EXAMINER) – Economist Bismarck Rewane says the recent increase in the price of petrol may cause a rise in Nigeria’s inflation rate from 23.18%.  “There might be an increase in the rate of inflation because of the increase in the price of petrol but we haven’t seen the corresponding increase in the prices of […]

Alleged Defamation: Natasha Akpoti Files N5bn Suit Against Nwaebonyi

(AFRICAN EXAMINER) – The senator representing Kogi central, Natasha Akpoti-Uduaghan, has filed a N5 billion suit against fellow colleague, Onyekachi Nwaebonyi, concerning an alleged defamation. The suit was filed by Akpoti-Uduaghan via her lawyer, Michael Jonathan Numa, at the federal capital territory high court. In the suit, the lawmaker asked the court to declare that […]

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