Skip to content Skip to left sidebar Skip to right sidebar Skip to footer

Tag: news

Page 1 of 5
1 2 3 5

Everyone’s attacking Obi, while he worries about Nigeria — Former NERC chair, Amadi

An ex-chairman of the Nigeria Electricity Regulatory Commission, NERC, and Director of the Abuja School of Social and Political Thoughts, Sam Amadi, has lamented what he described as the growing pattern of unwarranted attacks on former Labour Party LP presidential candidate, Peter Obi, by senior government officials.

This was as he noted that while Nigerian politicians talk about him, Obi talks only about Nigeria’s undeserving condition.

Amadi, in a commentary he shared on his official X account, observed that it has become a troubling trend for members of the present administration to frequently target Obi, despite his consistent focus on Nigeria’s dire socio-economic realities, rather than on personalities.

The former NERC chairman cited the recent criticisms from the Presidency, the Governor of Lagos State, and Senate President, Godswill Akpabio as examples of this misplaced focus.

DAILY POST reports that Obi had recently stated that the “labour of our heroes past has gone in vain”-a sobering reflection on the country’s current state of affairs.

The observation was met with a sharp rebuke from Senator Akpabio, who accused the former governor of Anambra State of being disrespectful and dishonouring the legacy of Nigeria’s founding fathers.

Lagos State Governor had also lashed out at Obi, reacting to comments he made during a recent foreign engagement, where he critiqued the country’s economic trajectory.

In the same vein, the Presidency had earlier dismissed Obi’s ideas and proposals on governance and economic reform. Amadi, however, offered a counter-narrative, arguing that while the political elite expend significant energy attacking Obi, the man himself remains resolutely focused on Nigeria’s structural challenges and the urgent need for reform.

“If elections were a purely rational exercise, Peter Obi is so far the only candidate who ought to be elected”, Amadi stated.

He bemoaned what he called the disproportionate attention paid to Obi by high-ranking government figures, asserting that Obi has steered clear of personal attacks and has, instead, consistently advanced a vision for national renewal rooted in prudence, accountability, and economic revitalisation.

Everyone’s attacking Obi, while he worries about Nigeria — Former NERC chair, Amadi

LaLiga: He’s scored most goals against me – Szczęsny hails Mbappe

Barcelona goalkeeper, Wojciech Szczęsny has hailed Real Madrid forward, Kylian Mbappe following the Catalan’s 4-3 win over Los Blancos on Sunday.

The former Paris Saint-Germain star scored a hattrick against Barcelona with Szczesny in goal.

The goalkeeper noted that the Frenchman always scores against him and never gives up.

Speaking to the media, Szczęsny claimed that the former Monaco man gets the better off him on the pitch.

The pointed out the fact that the France national team captain has scored as many as nine goals in five matches against him.

As quoted by BarcaUniversal, the former Juventus custodian said, “Honestly I admire Mbappe’s mentality. Even though things are really tough for his team, he doesn’t give up.

“I think he’s the player that has scored the most goals against me. In 4 or 5 matches, he has scored 8 or 9 goals against me.”

Szczęsny went on to reveal that his current club wants to keep ahead of the next two seasons.

He said the discussions have started, but insisted the final decision will always come from his wife, Marina Luczenko – Szczesna.

“I won’t hide that I was offered a new two-year deal. However, I need to discuss it with my family to determine what’s best for us. I have to make this decision for my family, for my wife, and we will decide together.

“There is no decision yet. Most of the decisions at home are made by my wife, and I’m not ashamed of that in the slightest,” he said.

The goalkeeper has been able to win just twice in his five matches against the France International.

LaLiga: He’s scored most goals against me – Szczęsny hails Mbappe

Investors lose N297bn as NGX continues week in bearish territory

Investors in Nigerian Exchange Limited lost N297 billion or dipped by 0.44 percent to continue its Friday’s bearish trend.

This comes NGX market capitalisation dropped by N297 billion, falling to N68.042 trillion from N68.339 trillion on Friday.

The All-Share Index also declined by 471.93 points, or 0.44 percent, to close at 108,261.47, down from Friday’s 108,733.40.

This downward trend was driven by sustained profit-taking in Dangote Sugar, Guaranty Trust Holding Company, Vitafoam, AIICO Insurance, Zenith Bank, Fidelity Bank, and 20 others.

However, the market breadth ended positive with 39 gainers against 26 losers.

On the gainers table, Meyer Plc increased by 10 percent, settling at N8.80, while Multiverse Mining also gained by 10 percent, ending the session at N11 per share.

While Smart Products Nigeria Plc soared by 10 percent, closing at 55k, Beta Glass rose by 9.99 percent to close at N176.70 per share.

Haldane McCall Plc gained 9.88 percent, finishing at N4.67 per share.

On the flip side, E-Tranzact International fell by 10 percent, closing at N5.40, and John Holt declined by 9.48 percent, ending the session at N5.25 per share.

Union Dicon Salt shed 9.47 percent to close at N7.65, while C&I Leasing Plc dropped by 8.31 percent, finishing at N3.86 per share.

Linkage Assurance lost 8.06 percent, settling at N1.14 per share.

A total of 414.57 million shares worth N10.72 billion were exchanged across 16,664 transactions.

This is compared to 459.21 million shares worth N11.164 billion that were exchanged across 15,723 deals on Friday.

Transactions in the shares of Tantalizer topped the activity chart with 49.19 million shares worth N113.21 million.

VFD Group followed with 48.88 million shares valued at N782.31 million, while Access Corporation transacted 29.43 million shares worth N629.38 million.

Zenith Bank traded 24.316 million shares valued at N1.18 billion, and AIICO Insurance sold 19.108 million shares worth N30.98 million.

Investors lose N297bn as NGX continues week in bearish territory

Page 1 of 5
1 2 3 5