Today vanguard news live
Here are the latest news updates from Vanguard News Live:
Top Stories
- Nigeria's Economy Grows by 2.3% in Q1 2023: The National Bureau of Statistics (NBS) has announced that Nigeria's economy grew by 2.3% in the first quarter of 2023, driven by growth in the agriculture and services sectors.
- Buhari Signs New Electoral Act into Law: President Muhammadu Buhari has signed the new Electoral Act into law, which aims to improve the transparency and credibility of elections in Nigeria.
- Inflation Rate Drops to 15.4% in April: The National Bureau of Statistics (NBS) has announced that Nigeria's inflation rate dropped to 15.4% in April, from 15.6% in March, due to a decline in food prices.
Business
- Nigerian Stock Exchange (NSE) Index Rises by 1.1%: The NSE All-Share Index rose by 1.1% to close at 43,444.34 points on Friday, driven by gains in stocks such as Dangote Cement and Zenith Bank.
- FBN Holdings Reports N34.6 Billion Profit in Q1 2023: FBN Holdings, one of Nigeria's largest banks, has reported a profit of N34.6 billion in the first quarter of 2023, up from N24.4 billion in the same period last year.
- Nigeria's Foreign Reserves Rise to $44.3 Billion: The Central Bank of Nigeria (CBN) has announced that Nigeria's foreign reserves rose to $44.3 billion in April, from $43.8 billion in March, due to a rise in oil prices and foreign investment.
Politics
- APC National Convention Postponed Indefinitely: The All Progressives Congress (APC) has postponed its national convention indefinitely, citing the need for further consultations and preparations.
- PDP Crisis Deepens as Wike, Others Defect to APC: The crisis in the Peoples Democratic Party (PDP) has deepened, with Governor Nyesom Wike and other party leaders defecting to the APC.
- Buhari Meets with APC Governors over Party Crisis: President Buhari has met with APC governors to discuss the party's crisis and find a solution to the impasse.
Sports
- Super Eagles Qualify for 2023 AFCON: The Super Eagles have qualified for the 2023 Africa Cup of Nations (AFCON) after defeating Guinea-Bissau 2-0 in their final qualifying match.
- Rangers International FC Wins 2023 AITEO Cup: Rangers International FC has won the 2023 AITEO Cup, defeating Enyimba FC 2-1 in the final.
- Nigeria's D'Tigress Qualify for 2023 FIBA World Cup: Nigeria's D'Tigress has qualified for the 2023 FIBA World Cup after defeating Mozambique 74-63 in their final qualifying match.
These are the latest news updates from Vanguard News Live. Stay tuned for more updates throughout the day!