AGS NEWS – Zenith Bank Plc plans to raise approximately N290bn in fresh capital, exceeding the N230bn required by the Central Bank of Nigeria for recapitalization. The bank announced this at a rights issue and public offer signing ceremony in … Continue reading Zenith Bank to raise N290bn fresh capital
AGS NEWS – The Federal Government has sought a $500 million loan from the World Bank to enhance dam safety and improve water resource management nationwide. This loan aims to tackle water security issues and boost agricultural productivity through the … Continue reading Nigerian government seeks $500m World Bank loan for dam safety, others
AGS NEWS – President Bola Tinubu has signed the new National Minimum Wage Act into law, prompting calls for swift implementation from organized labor. The Nigeria Labour Congress (NLC) and Trade Union Congress (TUC) praised the move, urging the government … Continue reading Labour cheers as Tinubu signs N70,000 minimum wage bill
AGS NEWS – President Bola Tinubu’s approval for selling crude oil to the Dangote Petroleum Refinery in naira is expected to lower the prices of locally refined petroleum products, according to oil marketers and experts. Industry operators praised the decision, … Continue reading Tinubu orders naira crude sale to Dangote, marketers project price crash
AGS NEWS – The importation of vehicles into Nigeria fell sharply from 28,024 units in the first quarter of 2023 to 10,991 units in the same period of 2024, marking a 60.8% decrease, according to a Nigerian Ports Authority report. … Continue reading Vehicle import crashes by 61%, operators blame forex crisis
AGS NEWS – A 58-year-old mother, Eucharia Okpalannadi, has called on authorities to help her seek justice after her three-year-old daughter was allegedly defiled by her father. Eucharia also reported threats to her life from her husband, Magnus Okpalannadi, for … Continue reading Mother seeks help as father allegedly defiles daughter
AGS NEWS – In a startling revelation at the Harare Civil Court in Zimbabwe, Rudo Takalumusi accused her husband, Ernest Musawa, of using her clothes as toilet tissue. Rudo sought a protection order, alleging that Ernest frequently used her clothes … Continue reading Wife drags husband to court for allegedly using her clothes as toilet tissue
AGS NEWS – Security operatives at Bayero University, Kano, have arrested two men posing as lecturers and selling books to unsuspecting new students. According to Bala Abdullahi, Publication Secretary of the Special Bulletin, the suspects, David Iluebe from Edo State … Continue reading Two fake lecturers arrested in BUK for selling books to 100-level students
AGSS NEWS – Popular Nigerian gospel singer, Segun Obe, has tied the knot with his lover, Nita. Sharing the pictures from the wedding, Obe in an Instagram post on Saturday, revealed that he tied the knot a week ago in … Continue reading Gospel singer, Segun Obe weds lover in Ghana (pictures)
AGS NEWS – The Justice Department responded late Friday to TikTok’s lawsuit challenging a law that would force the app’s sale or face a US ban. TikTok’s suit argues that the law violates First Amendment rights, while the US countered … Continue reading US defends law forcing sale of TikTok app
AGS NEWS – Despite government efforts to attract foreign investment in the oil and gas sector, Nigeria’s foreign capital investments in the industry plummeted from $720 million in 2016 to just $3.64 million in 2023. The National Bureau of Statistics … Continue reading Oil sector’s foreign investments drop from $720m to $3.64m
AGS NEWS – Many depots for Premium Motor Spirit (petrol) are currently dry, leading to fuel scarcity and long queues in Lagos, Ogun, Abuja, Niger, and other states. Black marketers have taken advantage of the situation, selling petrol for as … Continue reading Fuel rises to N1,300/litre as depots run dry
AGS NEWS – The Federal Government raised approximately N4.13tn from bonds in the first half of 2024, according to the FMDQ Exchange Financial Markets Monthly Report for June 2024. The bond issuance in June, valued at N297.01bn, was the lowest … Continue reading FG raised over N4tn via bonds in six months – Report
AGS NEWS – The Federal Government has repatriated 158 irregular Nigerian migrants from Libya, according to Nigeria’s Charge d’Affaires to Libya, Amb. Mohammed Mohammed. He stated that the group included 77 males, 45 females, 26 children, and 10 infants. Mohammed … Continue reading FG repatriates 158 Nigerian migrants from Libya
AGS NEWS – The Defence Headquarters (DHQ) says it would not condone anarchy in the guise of a nationwide protest. Speaking during a press conference on Thursday, August 25, the director of defence media operations, Edward Buba, said the “contemporary … Continue reading We will not condone violent protest – Military warns Nigerians
AGS NEWS – Fast-rising Nigerian singer Khaid has broken his silence following a health scare. The ‘With You’ singer was hospitalised in April 2024 amid reports that he was battling internal bleeding. In May, singer Adekunle Gold visited him in … Continue reading I survived what many would face and die — Khaid
AGS NEWS – Ace music executive and CEO of Mavin Records, Don Jazzy, has revealed that he doesn’t allow his artistes to release songs or projects on the same day as Wizkid or Asake. In a podcast interview with Fisayo … Continue reading Why I don’t allow my artistes to release songs same day as Wizkid, Asake – Don Jazzy
AGS NEWS – Nigerian singer Alexander Adelabu, popularly known as Magixx, has sparked dating rumours with Big Brother Naija star, Victoria Adeyele. Speculation that the pair are in a relationship went viral after Magixx shared a photo of them in … Continue reading Magixx, BBNaija’s Vee spark dating rumour
AGS NEWS – No fewer than three persons have been confirmed dead following a collapsed building at number 13 Wilson Mba Street, Arowojobe Estate Maryland, Lagos State. AGS NEWS gathered that the unfortunate incident occurred at the wee hours of … Continue reading Three dead, others hospitalised as another building collapses in Lagos
AGS NEWS – Despite facing accusations of attempting to monopolize Nigeria’s oil sector, Alhaji Aliko Dangote, President of Dangote Industries Limited, has received an invitation from President Brice Nguema of Gabon to invest in the country’s cement and fertilizer production … Continue reading Dangote invited to invest in Gabon amid accusation of monopoly
AGS NEWS – The Cross River State House of Assembly has urged the State Government to halt illegal mining activities by migrants in Okwa 1, Okwa 2, and Ukwango in Boki Local Government Area. This resolution was made on Thursday … Continue reading Cross River assembly calls for crackdown on illegal miners
AGS NEWS – The U.S. Secret Service has urged former president, Donald Trump’s campaign team to discontinue holding rallies outdoors in order to mitigate potential threats from would-be attackers. Sources close to the situation confirm that the Secret Service expressed … Continue reading Secret Service asks Trump to scrap outdoor rallies
AGS NEWS – The Nigeria Immigration Service says it has suspended an officer, Michael Gbenga Akomolafe, over alleged drug trafficking which resulted in his arraignment before a Federal High Court in Lagos State. NIS Public Relations Officer, Kenneth Udo, disclosed … Continue reading Nigeria Immigration suspends senior officer over alleged drug trafficking
AGS NEWS – Nigerian singer, Sulaimon Shekoni Solomon, better known as Khaid, has returned to social media after a long battle with an undisclosed ailment. AGS NEWS recalls that Khaid was hospitalised on the night of April 16 after reportedly … Continue reading Singer Khaid returns to social media after protracted illness
AGS NEWS – Nigerian musician, Innocent Ujah Idibia, aka 2Baba, has said his colleague, Burna Boy is currently among the top five music artists in the world. 2Baba, who stated this while reacting to a video of Burna Boy performing … Continue reading Burna Boy among top 5 music artists globally – 2Face Idibia
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