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Breaking News

Nigeria, EU Strengthens Ties on Solid Minerals

THE European Union (EU) and Nigeria have indicated interest in boosting trade and investment in Nigeria’s solid minerals sector. This follows a meeting on Tuesday, where EU Ambassador to Nigeria and ECOWAS, Mr Gautier Mignot, led a delegation to the Minister of Solid Minerals Development, Dr Dele Alake, in Abuja. …

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Stock Market Rebounds with N19bn gain

THE Nigerian Exchange Ltd. (NGX) rebounded on Tuesday, breaking a two-day bearish run with a market gain of N19 billion. The NGX market capitalisation rose by N19 billion or 0.03 per cent, ending at N65.704 trillion, up from N65.685 trillion on Monday. Similarly, the All-Share Index (ASI) added 30.40 points …

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Man Commits Suicide After Falling Prey to “Yahoo Boys”

A PoS operator in Uyo, Akwa Ibom State, has committed suicide after reportedly losing ₦2.5 million to internet fraudsters. The incident has sparked emotional responses and calls for increased mental health awareness and protective measures for victims of online scams and cybercrime in Nigeria. The incident which happened at Atan …

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Police Arraign Employee Over Alleged N2.1m Company Fraud

A 45-year-old staff member of a Lagos-based company, D Breeze Protection Service Ltd., Kolawole Dawodu, has appeared before an Ikeja Magistrates’ Court for allegedly defrauding his employer of N2.1 million. Daodu is standing trial on a three-count charge of conspiracy, stealing and obtaining  under false pretences, to which he pleaded not guilty. The prosecutor, SP …

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