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Day: September 9, 2026

Dangote Refinery IPO: NGX loses massive N1.9tn in two days as investors sell stocks

The Nigerian stock market lost N1.9 trillion in two days as investors sold their stocks in preparation for Dangote Refinery’s IPO, which is valued at N2.15 trillion. On Wednesday, investors recorded a 1.17 percent, or N20 billion, decline, with the market closing at N1.88 trillion from N1.9 trillion, with only four gainers recorded during the…

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AI researcher resigns, warns builders believe it ‘could kill us all’

Anthropic researcher, Jacob Coxon has resigned, citing the grave risks artificial intelligence poses due to the accelerated development by tech companies. Coxon, who did retraining research at both OpenAI and Anthropic over the last three years, argues neither company is acting responsibly. “They are racing straight to self-improving super-intelligence and gambling with our lives,” he…

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Aminu Atiku appointed Sarkin Zamfaran Zurmi

Governor Dauda Lawal yesterday approved the appointment of Alhaji Aminu Atiku as the new Emir and Sarkin Zamfaran Zurmi of the Zurmi Emirate Council. This appointment was announced by the Secretary to the Zamfara State Government, Malam Abubakar Mohammad Nakwada. He said the approval followed due consultation and the recommendation of the Kingmakers of the…

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Canoe business booms at Ose-Ekwodu market in Onitsha

…As young men make brisk business to surviveBy Nwabueze Okonkwo At the waterfront of the popular Ose-Okwodu market, Onitsha, located at the bank of the River Niger, boat and canoe transport business thrives. The Canoe park there is always busy with paddlers, and their loaders make brisk business. They work daily and make money to…

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2027: Ebonyi not in ‘Auto Reverse Gear’ — Commissioner

— Tackles Nwifuru’s critics, challenges them to produce evidence By Jeff Agbodo, Abakaliki ABAKALIKI — Ebonyi State Commissioner for Information and Communication Technology, ICT, Toochukwu Machiavelli Uzoh, has dismissed claims by critics of Governor Francis Nwifuru that the state is on “auto reverse gear” under the present administration. Uzoh challenged the critics to produce empirical…

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Zamfara gov’t overhauls healthcare delivery system, begins digitisation of general hospitals

In a grand move to deepen transparency and improve healthcare service delivery, the Zamfara State Government has digitised the General Hospital Gusau as a first step of automating all general hospitals in the state. The Gusau General Hospital was the first among seven general hospitals in the state to go digital. Other general hospitals in…

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Auditor-General’s Report: MDGIF not revenue collection agency — NMDPRA

By Obas Esiedesa, Abuja ABUJA — The Nigerian Midstream and Downstream Petroleum Regulatory Authority, NMDPRA, has clarified that the Midstream and Downstream Gas Infrastructure Fund, MDGIF, is not responsible for collecting gas flare penalties, following concerns raised in the 2023/2024 Annual Report of the Auditor-General of the Federation. The NMDPRA, in a statement signed by…

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