Ogaga Ariemu
Writer and Editor at Daily Post (Nigeria)
Brilliant Journalist/Researcher/Advertiser/Salesperson, see profile at https://t.co/9UYDr4cWCr
Articles
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4 days ago |
dailypost.ng | Ogaga Ariemu
46 investors have propelled the Nigerian stock market to a N279 billion gain on Monday. This is the case with the market capitalisation, which opened at N74.533 trillion and added 0.37 percent to close at N74.812 trillion. Also, the All-Share Index gained 0.37 percent, or 441.43 points, to settle at 118,579.65 against 118,138.22 recorded on Friday. Consequently, market breadth closed positive with 46 gainers and 22 losers.
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4 days ago |
dailypost.ng | Ogaga Ariemu
Nigeria’s Minister of Finance, Wale Edun, said federal government revenue rose to N6.9 trillion in the first quarter of 2025 from N5.2 trillion recorded in the same period last year. Edun made this known on Monday during an event held in Abuja. He explained that the figure represents a 40 percent increase from the revenue recorded in the same quarter in the previous year. Edun attributed the revenue spike to transparency and openness in revenue collection and remittance.
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4 days ago |
dailypost.ng | Ogaga Ariemu
United States of America President, Donald Trump announced an Israel-Iran ceasefire plan on Monday. Trump disclosed this in a statement on his official Truth Social account on Monday. Trump, who commissioned the bombing of three of Iran’s nuclear sites at the weekend, said the ceasefire was agreed upon by Israel and Iran. According to him, the ceasefire is ‘complete and total’ for the agreed period.
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4 days ago |
dailypost.ng | Ogaga Ariemu
Again, the financial transparency of the Nigerian National Petroleum Company Limited is under public scrutiny over missing N210 trillion in its 2017-2023 audited financial statements. On Wednesday last week, at a session of the Senate Committee on Public Accounts chaired by Aliyu Wadada, the Nigerian public was blown open to the missing N210 trillion on NNPCL’s audited statement.
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4 days ago |
dailypost.ng | Ogaga Ariemu
The naira appreciated against the dollar at the parallel foreign exchange market to kick off the week on a good note. A Bureau de Change operator at Wuse Zone 4 told DAILY POST that it gained N1590 against the dollar on Monday from N1600 traded last week on Friday. This means that at the black market, where foreign exchange currencies are mostly transacted, the naira strengthened by a significant N10 in the period under review.
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