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Nigerian Exchange limited data showed that the market capitalisation depreciated by 0.50 per cent to N155.203 trillion from N155.985 trillion recorded in the previous session. Similarly, the All-Share Index fell by 1,219.93 points, or 0.50 per cent, to close at 241,984.80, compared with 243,204.73 in the previous session. The market’s Year-to-Date (YtD) return moderated to 55.50 per cent, while market breadth closed negative with 37 losers and 20 gainers. Vitafoam and International Energy Insurance declined by 10 per cent each, closing at N189 and N5.76 per share, respectively, to lead the losers’ chart. Also, Austinlaz fell by 9.93 per cent,…

The National Chairman of the Zenith Labour Party, ZLP, Dan Nwanyanwu, has asserted that the All Progressives Congress, APC, and supporters of President Bola Tinubu are determined to manipulate the 2027 election and fabricate results. Nwanyanwu also rejected claims that the outcome of the 2027 presidential election is already decided, emphasizing that opposition parties will vigorously contest against the ruling party during the elections. “I believe they intend to write results. We are prepared; we will provide them with the pen and paper to write the results. We will remain in this country; we are not going anywhere. This election…

President Bola Ahmed Tinubu has commended Governor Biodun Oyebanji’s performance in office, telling Ekiti voters that the governor came into leadership fully prepared to serve the people. Speaking ahead of the June 20 governorship election, Tinubu urged residents to re-elect Oyebanji for a second term. The endorsement came on Tuesday at the All Progressives Congress mega rally in Ado-Ekiti. The venue was packed with party faithful, allies from other political groups, and supporters across religious and ethnic lines, all showing solidarity with Oyebanji’s re-election bid. Represented by Vice President Kashim Shettima, President Tinubu praised Ekiti citizens for their loyalty to the APC over the…

Former France international, Emmanuel Petit, has urged England manager Thomas Tuchel to drop Arsenal winger Bukayo Saka from the Three Lions’ World Cup starting XI ahead of their opening match with Croatia on Wednesday. Petit insisted that Saka struggled against Paris Saint-Germain in the Champions League final last season. According to him, the 24-year-old ‘doesn’t make an impact anymore’. Asked if Saka deserves to start England’s opening match against Croatia, Petit told talkSPORT: “No; for me, no. “We saw that in the Champions League final, he was struggling. “He doesn’t make any impact anymore. I think there are better players who…

The Naira depreciated against the dollar at the official foreign exchange market on Tuesday. The Central Bank of Nigeria’s data showed that the Naira weakened on Tuesday at N1,357.18, down from N1,356.27 it traded on Monday. This means that the Naira dropped by N0.90 to the dollar on a day-to-day basis. Meanwhile, on the black market, the Naira remained flat at N1395 per dollar on Tuesday, the same rate as exchanged the previous day. The mixed sentiments across official and parallel foreign exchange markets come as the country’s external reserves stand at $50.81 billion as of June 15th, 2026. Recall…

Muslim clerics in Ogun State under the aegis of Progressive Muslim Cleric, PMC, have admonished the federal government to urgently tackle and uproot the insecurity threat currently facing the country. President of PMC, Abdul Wasiu Akinyemi, made the call on Tuesday in Abeokuta during a press conference held in commemoration of the 1448 Hegira celebration. The Islamic scholar stressed the need for the federal government to do more to restore normalcy for Nigerians.  The cleric also dismissed claims that insecurity is tied to one ethnic group, insisting that kidnapping and terrorism predate current hotspots, recalling the 2010 Eagle Square bombing during President Jonathan’s…

Brent and West Texas Intermediate crude have crashed sharply to below $80 per barrel, respectively. Checks by DAILY POST on crude oil prices showed that Brent’s and WTI’s prices dropped by between 5 and 6 percent to $78 and $75 per barrel on Tuesday evening. The reduction in crude oil prices comes immediately after the President of the United States, Donald Trump, announced the completion of a peace deal with Iran. He thereafter ordered the withdrawal of US military troops from the Strait of Hormuz, a waterway instrumental to the world’s energy supply. DAILY POST reports that five Iranian ships…

American rapper, Nicki Minaj has revealed why she stopped attending church. Speaking in a recent episode of The Bryce Crawford podcast, Minaj disclosed that she quit church immediately she became successful. She explained that she didn’t stop going to church because of an ideological change but because she always performs at weekends, which leaves her too exhausted to attend church on Sundays. “Once my career started taking off, I stopped going to church. I was working on Friday nights and Saturday nights, so the last thing I could do was wake up on Sunday mornings to go to church,” she…

Scottish Premiership club Aberdeen have announced the signing of Nigerian striker Toyosi Olusanya on a permanent transfer. Olusanya, who spent the second half of last season on loan at the Pittodrie, penned a two-year contract. The 28-year-old scored twice in 16 league appearances for the Dons. The forward is excited to be back at Aberdeen. “I am buzzing to be back,” Olusanya told the club’s official website. “From the moment I arrived in January, I felt welcomed by everyone at the Club. The staff, the players and the supporters all made me feel at home.” He will link with his…

The Oyo State government has demolished a building allegedly used to store arms in Ibadan, the state capital. The demolition was carried out on Tuesday. It was alleged that the residential building was used to store large quantity of arms and ammunition. DAILY POST gathered that the demolished property consists of a storey building and two bungalows within a fenced compound. The building is located at Gbenku area along Arubiewe Road, off Olodo Garage, Ibadan. Commissioner for Public Works and Transport, Mojeed Mogbonjubola, revealed that security operatives uncovered the suspected weapons cache during an ongoing investigation. He stated the demolition was…