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Here are the latest news updates from Vanguard News:

Top Stories

  1. 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.
  2. Buhari Signs New Electoral Act into Law: President Muhammadu Buhari has signed the new Electoral Act into law, which introduces several reforms aimed at improving the conduct of elections in Nigeria.
  3. Nigeria's Inflation Rate Rises to 17.1% in April: The National Bureau of Statistics (NBS) has announced that Nigeria's inflation rate rose to 17.1% in April, driven by increases in the prices of food and other essential commodities.

Business

  1. Dangote Cement Reports N215 Billion Profit in Q1 2023: Dangote Cement, Nigeria's largest cement producer, has reported a profit of N215 billion in the first quarter of 2023, driven by strong demand for its products.
  2. Nigerian Stock Exchange (NSE) Index Rises by 1.1%: The NSE All-Share Index rose by 1.1% on Friday, driven by gains in the shares of several blue-chip companies, including Dangote Cement and Nigerian Breweries.
  3. FBN Holdings Reports N43 Billion Profit in Q1 2023: FBN Holdings, one of Nigeria's largest financial institutions, has reported a profit of N43 billion in the first quarter of 2023, driven by strong growth in its banking and insurance businesses.

Politics

  1. APC National Convention Postponed Indefinitely: The All Progressives Congress (APC) has postponed its national convention indefinitely, citing the need for further consultations and negotiations among party stakeholders.
  2. PDP National Convention to Hold in May: The Peoples Democratic Party (PDP) has announced that its national convention will hold in May, with several aspirants already indicating interest in the party's presidential ticket.
  3. Nigeria's Senate Passes Electoral Act Amendment Bill: The Nigerian Senate has passed the Electoral Act Amendment Bill, which introduces several reforms aimed at improving the conduct of elections in Nigeria.

Sports

  1. Super Eagles to Face Guinea in Friendly Match: The Super Eagles of Nigeria will face Guinea in a friendly match on June 2, as part of their preparations for the 2023 Africa Cup of Nations.
  2. Rangers International FC Wins 2023 AITEO Cup: Rangers International FC has won the 2023 AITEO Cup, defeating Enyimba FC 2-1 in the final.
  3. Nigeria's D'Tigress to Face USA in FIBA World Cup Qualifier: Nigeria's D'Tigress will face the USA in a FIBA World Cup qualifier on June 10, as part of their bid to qualify for the 2026 FIBA World Cup.

I hope you find these news updates informative and interesting!