News

The clarification came amid growing concerns over the recent increase in petrol prices and its impact on households, transport operators and businesses across the country.

Equity market capitalisation increased from ₦159.89 trillion to ₦162.16 trillion, while the All-Share Index advanced 1.42% to 249,804.56 points, according to Nairametrics’ closing-market report.

The Abuja Division of the Court of Appeal has restored the registration of the Nigeria Democratic Congress (NDC), clearing a major legal hurdle confronting the political platform of former Anambra State Governor, Peter Obi, and former Kano State Governor, Rabiu Kwankwaso, ahead of the 2027 general elections.

President Donald Trump has signed into law a sweeping Russia sanctions package that gives the United States new powers to impose tariffs of up to 100 per cent on countries buying Russian oil and gas.

Warren Buffett has stepped down as chairman of Berkshire Hathaway, handing the position to his son Howard Buffett and bringing to a close more than six decades at the top of the US conglomerate.

US President Donald Trump has announced an immediate ban on CNN, MS NOW and Politico from the White House, escalating his long-running confrontation with American media organisations over their coverage of his administration.

President Bola  Tinubu has ordered a full and transparent investigation into the deaths of 37 suspected illegal miners who died while in the custody of the Nigeria Security and Civil Defence Corps (NSCDC) in Minna, Niger State.

Nigeria’s equities market closed the week on a positive note on Friday, with market capitalisation rising by ₦2.27 trillion as buying interest across several stocks lifted the benchmark NGX All-Share Index.

Former President Goodluck Jonathan has called for the harmonisation of salary structures and career grades across Nigeria’s federal and state civil services.

Former Vice-President and African Democratic Congress (ADC) presidential candidate, Atiku Abubakar, has proposed a targeted production subsidy for petroleum products refined in Nigeria, saying the measure would reduce pump prices.