The Nigerian equities market further experienced a significant downturn on Friday, with investors collectively losing N1.2 trillion by the close of trading. Data from the Nigerian Exchange Group explained that the slump was driven by notable declines in the share prices of several key stocks, including Zichis, FTN Cocoa,...
By NGOBUA JOHNNIE, Abuja
President Bola Ahmed Tinubu has returned to Lagos after concluding a three-nation diplomatic and economic tour of France, Kenya and Rwanda aimed at deepening Nigeria’s international partnerships. In a statement issued on Friday, presidential spokesman Bayo Onanuga said the President arrived at the Presidential Wing of the Murtala Muhammed...
Justice Peter Lifu of the Federal High Court in Abuja has faulted the conduct of plaintiff Johnmary Jideobi and his lawyer, Ndubuisi Ukpai, in a suit seeking to stop former President Goodluck Jonathan from contesting the 2027 presidential election. The judge described their repeated absence and failure to move...
Armed Forces of Nigeria have recorded fresh operational successes across various theatres of operation between May 8 and 14, 2026, with troops rescuing kidnapped victims, neutralising terrorists, arresting suspected collaborators and recovering arms and stolen items in coordinated offensives nationwide. The Defence Headquarters, in its weekly operational briefing, said...
Ahead of the 2027 general elections, former deputy governor of Sokoto State, Manir Dan’Iya has emerged as the consensus governorship candidate of the African Democratic Congress (ADC) in the State. The consensus which took days to arrive at was considered the most matured political calculation done by the opposition...
Nigeria’s headline inflation rate rose to 15.69% in April 2026, up from 15.38% in March, according to Consumer Price Index data released on Friday by the National Bureau of Statistics. On a month-on-month basis, the headline inflation rate slowed to 2.13% from 4.18% in March. This shows a slower...
Kaduna State Governor, Uba Sani has called on pharmacists to protect the integrity of their profession by waging a sustained war against quackery in order to safeguard public health and strengthen healthcare delivery in the country. The governor made the call at the public presentation of a book titled:...
Inspector-General of Police, Olatunji Disu, has said education, research and technology remain critical to building a modern, professional and intelligence-driven police force capable of tackling emerging security challenges in Nigeria. Disu stated this during a meeting with the Executive Secretary of the Tertiary Education Trust Fund (TETFUND), Sonny Echono...
In what took many by surprise, the opposition political party atmosphere in Sokoto was greeted with shock following the announcement that the state leader of African Democratic Congress (ADC), Senator Aminu Tambuwal would not be seeking re-election come 2027. The development, considered as a huge sacrifice for the unity...
A coalition of civil society organisations and stakeholders in Nigeria’s oil and gas sector has announced plans to stage a three-day peaceful protest against the continued importation of petroleum products into the country despite the presence of local refining capacity. The protest, scheduled to hold from May 18 to...
Former Manchester United midfielder Michael Carrick is set to remain in charge of Manchester United on a permanent basis after receiving the backing of the club hierarchy. Transfer expert Fabrizio Romano reported that the decision had already been settled internally for weeks, with co owner Sir Jim Ratcliffe approving...
Federal Government has handed over several foreign nationals arrested for illegal mining and suspected terrorism links to the Office of the National Security Adviser (NSA) for further investigation. Minister of Solid Minerals Development, Dele Alake, disclosed this on Friday while speaking with Channels Television in Abuja over allegations by...
The Nigeria Customs Service (NCS), Tincan Island Port Command, has intensified its anti-drug operations with the interception of 4,173.5 kilograms of cannabis Indica valued at approximately ₦16.6 billion. The Customs Area Controller (CAC), Comptroller of Customs Frank Onyeka, during a press briefing on Wednesday, 13 May 2026, disclosed that...
At the ongoing Africa CEO Forum in Kigali themed “Scale or Fail: Why Africa Must Embrace Shared Ownership,” NNPC Ltd’s Executive Vice President, Gas, Power & New Energy, Olalekan Ogunleye, yesterday joined global CEOs on the African Oil and Gas Coalition’s Strategic Roundtable to discuss the topic ‘Gas without...
Kano/Jigawa Customs Area Command of the Nigeria Customs Service (NCS) has intensified its crackdown on illicit cross-border cash movement following the interception of 461,600 United States dollars from two inbound passengers at the Mallam Aminu Kano International Airport. The development was contained in a statement signed by the Command’s...
Lagos Zonal Directorate 1 of the Economic and Financial Crimes Commission (EFCC), Awolowo Road, Ikoyi, on Friday, May 15, 2026, arraigned a social media influencer and self-styled relationship therapist, Okoro Blessing Nkiruka, (also known as Blessing CEO), before Justice D.I. Dipeolu of the Federal High Court sitting in Ikoyi,...
Northwest University Sokoto has released its approved cut-off marks for admission into its various undergraduate programmes for the 2026/2027 academic session, a statement by Abdallah el-Kurebe confirmed. Director of Communications, Public Affairs and Protocol, Abdallah el-Kurebe, announced this in a statement issued on Thursday in Sokoto He said the...
Sokoto State Executive Council has approved the purchase of six bulletproof vehicles for the office of Governor Ahmed Aliyu at a cost of N1.47 billion as part of preparations for the governor’s planned statewide tour ahead of the political season. The approval was announced after the council meeting held...
The entire 17 Local Government Chairmen under the Association of Local Government Chairmen (ALGON) in Yobe State, have unanimously endorsed Baba Malam Wali as the gubernatorial candidate on the platform of the All Progressives Congress (APC) ahead of the 2027 general elections. Wali, whom they described as a grassroots...
Nigeria’s stock market ended Thursday on a softer note as investors shed N169.9 billion following mild profit-taking across key sectors on the Nigerian Exchange Limited (NGX). Market capitalisation declined from N161.84 trillion recorded on Wednesday to N161.67 trillion at the close of trading on Thursday. The All-Share Index (ASI)...