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Top Stories - Page 53

Police to Resume Enforcement of Tinted Glass Permit January 2

The Nigeria Police Force (NPF) has announced plans to resume nationwide enforcement of the Tinted Glass Permit policy from January 2, 2026, citing growing security threats linked to the use of unauthorised tinted vehicle glasses, Prime Business Africa reports. The announcement was

December 16, 2025

News·Top Stories

NBA Condemns Assault on Anambra Corps Member, Demands Prosecution of Culprits

The Nigerian Bar Association (NBA) has condemned the brutal assault of a female National Youth Service Corps (NYSC) member in Anambra State, calling for the immediate prosecution of those involved. The corps member, identified as Jennifer Elobor, was reportedly beaten and stripped

August 20, 2025

Business·Top Stories

Over N1.33bn Wiped Off Stock Market As Dangote Cement, Jaiz Bank Record Losses

The market capitalisation of the Nigerian stock market closed at N90.22 trillion on Tuesday, August 19, falling below the N91.56 trillion reported on Monday, August 18, indicating a decrease of N1.33 billion. The all-share index (ASI) depreciated by 2,109 basis points to

August 19, 2025

Business·Top Stories

Linkage Assurance Grows Revenue To N6.48bn, Profit Falls By 68%

Linkage Assurance reported N6.48 billion as insurance revenue in the second quarter (Q2) of 2025, exceeding the N5.67 billion posted in Q2 2024, indicating a growth of 14.34 percent. In the company’s Q2 2025 unaudited financial statement, Linkage Assurance said service expenses

August 19, 2025

Business·Top Stories

Aliko Dangote’s Investment In Sugar Business Grows By N205.78bn

Aliko Dangote, the founder of Dangote Sugar and Africa’s richest person, has seen the value of his investment in the sugar producer increase by 72.15 percent due to the company’s shares being one of the most sought-after year-to-date. According to analysis by

August 19, 2025

News·Top Stories

1 in 4 Nigerian Fathers Not Biological Parents, New DNA Report Reveals

A recent report by Nigeria’s forensic laboratory, Smart DNA, has revealed that one in four men who underwent paternity testing between July 2024 and June 2025 were not the biological fathers of the children in question. The 2025 Annual DNA Testing Report,

August 18, 2025

Business·Top Stories

AIICO Leads Gainers, Stanbic IBTC Tops Stock Market Losers’ List

On Monday, August 18, the Nigerian Exchange Limited’s (NGX) market capitalisation rose marginally to N91.56 trillion, from N91.50 trillion recorded on Friday, August 15. This represents an increase of N59,63 billion, which was driven by the 453.34 basis points recorded by the

August 18, 2025

Business·Top Stories

Nigerian Paint Tycoon Kayode Falowo Gains N1.51bn Amid Meyer’s Bullish Run

2025 has been a good year for Kayode Falowo, the chairman of Meyer Plc, as the company’s bullish run on the Nigerian Exchange Limited (NGX), also known as the Nigerian stock market, has increased the value of his investment in the paint

August 18, 2025

Business·Top Stories

Ecobank Records N794bn Revenue In Three Months

Ecobank’s interest income increased by 28 percent to N794.02 billion between April and June 2025, compared to the N620.01 billion generated in Q2 2024. Breakdown of the interest income showed interest income calculated using the effective interest method contributed N795.06 billion in

August 18, 2025

Business·Top Stories

Nigerian Bourse Closes With N425bn Loss

The all-share index closed trading on Friday, August 15, with a 0.46 percent decline, dropping from the 145,300.01 ASI reported on Thursday, August 14, to settle at 144,628.2 ASI. According to data published by the Nigerian Exchange Limited (NGX), with the all-share

August 15, 2025

Business·Top Stories

Cameroonian Investor Buys South African Firm’s 21.22% Stake In Ecobank

Cameroonian investor, Alain Nkontchou, has acquired a 21.22 percent stake held by South African-based Nedbank Group in Ecobank Transnational Incorporated (ETI). According to Ecobank on Friday, Nkontchou acquired the stake through his investment vehicle, Bosquet Investments Ltd, and the transaction remains subject

August 15, 2025

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CBN Holds Interest Rate At 27% — Fourth Time In 2025

The monetary policy committee (MPC) of the Central Bank of

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Top Stories - Page 53

Police to Resume Enforcement of Tinted Glass Permit January 2

NBA Condemns Assault on Anambra Corps Member, Demands Prosecution of Culprits

Over N1.33bn Wiped Off Stock Market As Dangote Cement, Jaiz Bank Record Losses

Linkage Assurance Grows Revenue To N6.48bn, Profit Falls By 68%

Aliko Dangote’s Investment In Sugar Business Grows By N205.78bn

1 in 4 Nigerian Fathers Not Biological Parents, New DNA Report Reveals

AIICO Leads Gainers, Stanbic IBTC Tops Stock Market Losers’ List

Nigerian Paint Tycoon Kayode Falowo Gains N1.51bn Amid Meyer’s Bullish Run

Ecobank Records N794bn Revenue In Three Months

Nigerian Bourse Closes With N425bn Loss

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Police to Resume Enforcement of Tinted Glass Permit January 2

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Police to Resume Enforcement of Tinted Glass Permit January 2

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