Today vanguard news now
Here are the latest news updates from Vanguard News:
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 introduces several reforms aimed at improving the conduct of elections in Nigeria.
- 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
- 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.
- 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.
- 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
- 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.
- 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.
- 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
- 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.
- 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 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!