Author: NewsUltra360
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NIGERIAN STOCK MARKET CLOSES WEEK LOWER AMID PROFIT-TAKING, WEEKS AFTER BULLISH RUN
The Nigerian stock market ended the week down by 0.56%, with market capitalisation dropping by N516 billion to N92.214 trillion. The All-Share Index fell by 815.80 points to 145,754.91, pressured mainly by profit-taking in stocks like Abbey Mortgage Bank, Custodian Investment, and Deap Capital Management. Despite the dip, market breadth was positive with 42 gainers,…
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9MOBILE REBRANDS AS T2, EMBRACING DIGITAL TRANSFORMATION TO WIN BACK MARKET
Nigeria’s fourth-largest telecom, 9mobile, has unveiled its fresh brand identity, T2, signalling a bold new era focused on innovation, digital lifestyle empowerment, and customer-first services. CEO Obafemi Banigbe described T2 as more than a rebrand—it’s a complete transformation into a cloud-native, data-driven, and API-ready operator built for agility and resilience in today’s digital age. Acknowledging…
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MODI AND PUTIN PLEDGE TO STRENGTHEN INDIA-RUSSIA TIES AMID GLOBAL TENSIONS
Indian Prime Minister Narendra Modi and Russian President Vladimir Putin agreed to deepen their “special and privileged” strategic partnership during a recent phone call. Modi invited Putin to the upcoming Russia-India summit, reinforcing cooperation despite global tensions, including the ongoing Ukraine conflict. Modi emphasized India’s call for a peaceful resolution while navigating a delicate balance…
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PETER OBI ADVOCATES FOR 5-YEAR SINGLE PRESIDENTIAL TERM IN NIGERIA
vvPeter Obi, 2023 Labour Party presidential candidate, called for a five-year single term for Nigeria’s president during a visit to Bauchi Governor Bala Mohammed. Obi argued that eliminating second terms would let presidents focus fully on governance without distractions from re-election campaigns, citing South Korea’s system as a model. He pledged to serve only one…
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TINUBU APPROVES BOOSTED WELFARE FOR DBS PENSIONERS UNDER RENEWED HOPE AGENDA
President Bola Tinubu has green-lit major steps to improve benefits for Defined Benefit Scheme (DBS) pensioners, signalling a new era in pension care. The approvals include immediate extra budget for updated pension rates, a pension harmonisation policy set for 2026, health insurance coverage for all DBS retirees, plus settling unpaid dues to NITEL/MTEL and other…
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BENUE ASSEMBLY HOLDS BACK COMMISSIONER SCREENING, DEMANDS EXECUTIVE COMPLIANCE FIRST
The Benue State House of Assembly has refused to screen Governor Hyacinth Alia’s commissioner nominees until the executive addresses unresolved issues, including unfulfilled resolutions and lawmaker welfare. Speaker Hyacinth Dajoh emphasised that without meeting the Assembly’s demands—such as suspending certain officials and providing official cars for seven members—no further executive correspondence will be entertained. Lawmakers…
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L-PRES CONDUCTS QUARTERLY TECH MISSION TO BOOST LIVESTOCK IN BAUCHI, GOMBE, PLATEAU
The National Livestock Productivity and Resilience Support (L-PRES) project held a focused two-day technical mission across Bauchi, Gombe, and Plateau to tackle challenges and boost livestock productivity. Unlike regular supervision visits, this mission delivered hands-on solutions to improve water and pasture resources, upgrade abattoirs, and expand market access for farmers. Alhaji Sanusi Abubakar, L-PRES National…
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NLO CEO PRAISES STRONG START TO LEAGUE OPENER IN NYANYA
Shola Ogunowo, CEO of Nationwide League One (NLO), has lauded teams for an exciting kickoff at Nyanya’s Hovel Prime Stadium, where G-Medix Football Academy crushed Olympic Hybrid FC 5-0. The well-organized event drew up to 2,000 fans and was broadcast live on NTA Sports, marking a proud milestone in bringing football to local communities for…
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K1 DE ULTIMATE DENIES UNRULY BEHAVIOUR IN ABUJA AIRPORT INCIDENT AMIDST BLACKLISTING
Fuji veteran King Wasiu Ayinde Marshal (K1 De Ultimate) has denied claims of misconduct during the August 5 boarding incident at Nnamdi Azikiwe International Airport, insisting the controversy arose from a misunderstanding involving a bottle of water. His media aide says K1 never endangered lives or breached safety rules, calling the reports exaggerated and misleading.…
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NDLEA AND INDIA’S NARCOTICS CONTROL BUREAU BOOST COLLABORATION TO FIGHT ILLEGAL DRUG TRAFFICKING
The National Drug Law Enforcement Agency (NDLEA) and India’s Narcotics Control Bureau (NCB) are stepping up their joint fight against the illegal shipment of opioids like tramadol and codeine syrup from India to Nigeria. During a virtual meeting, NDLEA Chairman Brig. Gen. Buba Marwa highlighted that over one billion opioid pills and 14.4 million bottles…
