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LUKMAN ABDULMALIK

LUKMAN ABDULMALIK
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Nigeria not poor, focus on inequality — Presidency

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Nigeria is not a poor country but one grappling with deep inequality and structural economic challenges, the Presidency said Friday, calling for a shift...

Iran reimposes control over Strait of Hormuz amid U.S. dispute

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Iran’s central military command on Saturday declared it would reimpose tight control over the Strait of Hormuz, reversing an earlier move to ease restrictions...

JAMB rolls out 632,788 results, flags score manipulation

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The Joint Admissions and Matriculation Board (JAMB) has announced the release of 632,788 results from the first day of the 2026 Unified Tertiary Matriculation...

How to check, print 2026 UTME result

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The Joint Admissions and Matriculation Board has released the first batch of results for the 2026 Unified Tertiary Matriculation Examination, though candidates will have...

Renewed Hope appoints  govs, Metuh, Banire, others as directors ahead of...

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The Renewed Hope Ambassadors (RHA), President Bola Tinubu's political support organisation, has appointed a raft of directors to strengthen its structure ahead of the...

Naira dips slightly at official market, settles at N1,343.6

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The Naira ended the week on a mildly negative note at the official foreign exchange market, depreciating to N1,343.63 against the U.S. dollar on...

CBN, FMDA launch new overnight benchmark rate for money market

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The Central Bank of Nigeria (CBN) and the Financial Markets Dealers Association (FMDA) have jointly introduced the Nigerian Overnight Financing Rate (NOFR), a new...

Stocks extend rally, add N3.39trn in nine-day gain

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The Nigerian stock market sustained its bullish momentum on Friday, recording a ninth consecutive session of gains as market capitalisation surged by N3.391 trillion. The...

EFCC witness contradicts himself in SunTrust MD’s $12m trial

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A prosecution witness in the money laundering trial of SunTrust Bank Managing Director Halima Buba and her co-defendant, Innocent Mbagwu, contradicted himself under cross-examination...

MAN rejects World Bank fuel import proposal, warns of deindustrialisation risk

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The Manufacturers Association of Nigeria (MAN) has criticised a recommendation by the World Bank to reinstate petrol import licences, warning that such a move...