Ekene Anene and Amanda Parham discuss the uneven promise of Universal Opt-Out Mechanisms and how they could introduce new consumer vulnerabilities.

Ekene Anene and Amanda Parham discuss the uneven promise of Universal Opt-Out Mechanisms and how they could introduce new consumer vulnerabilities.

By Peter Anene – Editor, Business, Naija247news LAGOS, Nigeria – May 5, 2025 – The Nigerian stock market opened the week on a bullish trajectory, raking in a whopping N413 billion in capital gains, as the Nigerian Exchange Ltd (NGX) rode on strong investor sentiment and renewed buying interest in top-tier banking and industrial equities. The NGX All-Share Index (ASI) climbed by 655.93 points, representing a 0.62% increase, to settle at 106,698.50, while the market capitalisation rose to N67.060 trillion from N66.647 trillion on Friday.

By Peter Anene | Naija247news – Business Editor Abuja, Nigeria – May 4, 2025 – In a sweeping multi-state operation that exposes the dangerous overlap between narcotics trade and national security threats, the National Drug Law Enforcement Agency (NDLEA) has intercepted a commercial vehicle conveying 942 explosive devices along the Kaduna-Zaria Expressway. The explosives, believed to be part of a smuggling chain linked to northern conflict zones, were concealed in sacks within a public transport vehicle en route from Nasarawa State to Zamfara—a volatile corridor long plagued by banditry and insurgency.

The Police Command in Benue have rescued 14 passengers of Benue Links, kidnapped by unknown gunmen on Thursday evening in Otukpo LGA of the state. Confirming this development to newsmen, the command's spokesperson, SP Sewuese Anene, said that the bus was attacked on April 3, around Otukpo Burnt Bricks area, leading to the d3ath of the driver and one passenger.

The Anambra State Police Command has arrested Obinna Anene, a 33-year-old man from Amene Village, Abagana, for his alleged involvement in the gruesome killing and burning of Alice Anene, a 74-year-old woman, on January 27, 2025. In a statement released on Tuesday, February 4, 2025, the Police Public Relations Officer, SP Tochukwu Ikenga, confirmed the arrest, stating that the suspect is being transferred to the State Criminal Investigation Department (SCID), Homicide Section, Awka, for further interrogation and investigation. The police assured the public that more details would be provided as the investigation progresses.